ASOS Share News (ASC)

TOP NEWS: Asos shares surge as returns to profitability

(Alliance News) - Asos PLC on Thursday said it returned to profitability with its 'P3' adjusted earnings before interest and tax in the three months ended May 31, despite a drop in revenue.

LONDON MARKET OPEN: Hawkish Fed weighs on market mood ahead of ECB

(Alliance News) - Stock prices in London opened largely lower on Thursday as markets came to grips with US interest rates staying higher for longer, following hawkish words from Federal Reserve Chair Jerome Powell on Wednesday.

Asos returns to profit but Q3 sales fall 14%

(Sharecast News) - Struggling UK online fashion retailer Asos said third-quarter sales fell 14%, but posted a rise in core earnings as it claimed its turnaround strategy to focus on more profitable items was starting to bear fruit.

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.

Frasers spots another "bargain" as buys into AO World

(Alliance News) - Frasers Group PLC's move to buy into AO World PLC and white goods was not a surprise, as it was the next logical step following forays into beauty and furniture.

Suppliers pause dealings with Asos - report

(Sharecast News) - Suppliers to Asos are cutting ties with the fast fashion retailer, it was reported on Wednesday, over credit insurance concerns.

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Frasers Group ups stake in Asos

(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in online fashion retailer Asos again.

UK takeover activity declines at start of the year

(Alliance News) - Takeovers involving UK companies declined over the first three months of the year, amid tough economic conditions and political uncertainty, according to provisional official figures.

LONDON BROKER RATINGS: RBC ups Anglo American; Berenberg likes Renew

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

European shares in the red as downbeat U.S. data stokes growth concerns

STOXX 600 ends 0.4% lower

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London stocks slip as global growth concerns weigh

Indivior jumps on U.S. Suboxone lawsuit settlement

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LONDON MARKET CLOSE: FTSE 100 down as rally for oil majors loses steam

(Alliance News) - Stocks in London were largely lower at the close on Monday as a rally in oil majors ground to a halt and investors looked to an increasingly "two-speed" economy in the US.

Asos remains vulnerable to takeover interest amid share price lows

(Alliance News) - According to the Sunday Times, Asos PLC received a takeover approach from a Turkish company backed by China's Alibaba Group Holding Ltd late last year.

LONDON MARKET MIDDAY: Stocks green amid UK service sector strength

(Alliance News) - Stock prices in London were higher at midday on Monday as markets looked to further positive news for the UK's service sector.