LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read moreWed, 25th Aug 2021 15:21
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Correcting that Revolution Beauty previously predicted low-single digit growth and that financial 2023 revenue was GBP187.8 million)
Read more(Alliance News) - Stock prices in London were lower at midday on Wednesday, but trade was more confident in mainland Europe, with focus turning to the release of the US Federal Reserve's preferred inflation gauge on Friday.
Read more(Alliance News) - Revolution Beauty Group PLC on Wednesday said it expects to meet earnings consensus for its financial year, despite forecasting low-single digit revenue growth.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
Read moreFirms agree to use only accurate and clear green claims
*Read more(Sharecast News) - UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.
Read more(Alliance News) - Asos PLC and boohoo Group PLC have promised to make "accurate and clear" environmental claims for their fashion items, following a probe by the UK Competition & Markets Authority.
Read more(Alliance News) - Shares in Hornby PLC shot up on Friday, after the company announced Frasers Group PLC has upped its stake in the company, the Sports Direct owner's latest target in its retail sector investment frenzy.
Read moreboohoo Group PLC - Manchester-based fast fashion firm - Confirms start date for new Chief Financial Officer Stephen Morana as Monday. Morana replaces Shaun McCabe, who left "by mutual agreement" in January. McCabe had become CFO in October 2022. He had joined the board two years earlier as an independent non-executive director.
Read moreRevolution Beauty Group PLC - London-based cosmetics retailer - Expects adjusted earning before interest, tax, depreciation and amortisation of GBP11 million to GBP12 million in the financial year that finishes at the end of this month. This would be dramatically improved from an adjusted Ebitda loss of GBP7.5 million in financial 2023 and is in line with guidance provided in November. However, Revolution Beauty says revenue growth will be a low single-digit percentage, compared to the high single-digit growth previously guided.
Read more(Alliance News) - Frasers Group PLC has bought sports performance brand WIT Fitness as it continues its investment spree.
Read more(Alliance News) - boohoo Group PLC on Tuesday said former non-executive Stephen Morana has returned to the fast fashion firm's board, replacing Chief Financial Officer Shaun McCabe.
Read morePrevious CFO McCabe quits with immediate effect
*Read more(Sharecast News) - Boohoo said on Tuesday that trading remains in line with market expectations as it announced the departure of chief financial officer Shaun McCabe "by mutual agreement" and with immediate effect.
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