LONDON BROKER RATINGS: Jefferies ups NatWest, Smurfit Kappa to 'buy'
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - BHP Group Ltd on Thursday said it will continue to run its coal business in New South Wales, Australia, as it could not find any buyers for the business.
Read more(Alliance News) - London's FTSE 100 index posted modest losses on Tuesday, with a buoyant session for the natural resources sector helping to take some of the sting out of a downbeat day for retailers.
Read more(Sharecast News) - Jefferies upgraded its stance on shares of Anglo American, BHP and Rio Tinto on Tuesday and lifted its iron and coal price forecasts as it took a look at the mining sector, arguing that it was undervalued and poised to recover.
Read more(Alliance News) - BHP Group Ltd on Wednesday confirmed it had formally completed the all-share merger of its petroleum business with Woodside Petroleum Ltd, the Perth, Australia-based oil and gas company.
Read more(Sharecast News) - Analysts at Deutsche Bank lowered their target price on mining giant BHP from 2,400.0p to 2,250.0p on Tuesday following the group's recent petroleum exit.
Read more(Sharecast News) - European stocks started the week on the front foot following the very volatile trading conditions seen over the preceding five-day stretch.
Read more(Alliance News) - BHP Group Ltd on Friday said its shareholders will receive an in specie dividend in the form of new Woodside Petroleum Ltd shares, following the merger of its oil and gas portfolio with Woodside.
Read moreWoodside Petroleum Ltd - Perth, Australia-based oil and gas explorer - Shareholders approve merger with BHP Ltd's oil and gas business, which is still on track for completion on June 1. Upon completion of the merger, which will create one of the 10 largest independent energy producers in the world, 52% of the new company will be held by Woodside shareholders and 48% by BHP shareholders. The Woodside shareholder approval follows the regulatory green light from Australia's National Offshore Petroleum Titles Administrator earlier this week.
Read more(Sharecast News) - Woodside Petroleum shareholders have approved a $41bn all-share merger with BHP's petroleum business.
Read moreWoodside Petroleum Ltd - Perth, Australia-based oil and gas explorer - Receives regulatory approval from Australia's National Offshore Petroleum Titles Administrator for the acquisition of BHP Group Ltd's oil and gas assets. The only remaining condition for the merger is now approval from Woodside shareholders at the company's annual general meeting on Thursday. Completion is still targeted for June 1.
Read more(Alliance News) - Glencore PLC said on Thursday its first-quarter production was in line with its expectations, but noted that this performance mirrored a number of "temporary impacts", including geotechnical challenges and Covid-19 absenteeism.
Read more(Alliance News) - European stock were sharply lower at the start of the week, with Monday's virus-inspired price decline providing an unwelcome reminder of the market sell-off of two years ago, shortly after Covid-19 first emerged.
Read more(Alliance News) - The FTSE 100 in London failed to get off to the positive start seen elsewhere in Europe on Thursday as the index was bogged down by some disappointing production updates from its heavyweight mining sector.
Read more(Alliance News) - BHP Group Ltd on Thursday cut annual guidance for copper production as well as nickel output, as the miner grapples with Covid-19-related labour market woes.
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