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LONDON MARKET CLOSE: FTSE 100 falls as US rate cut hopes take hit
(Alliance News) - Stock prices in London closed lower on Friday, with hotter-than-expected US nonfarm payroll data shooting down hopes of interest rate cuts in the US.
Read moreMon, 23rd Mar 2020 14:29
(Alliance News) - Stock prices in London closed lower on Friday, with hotter-than-expected US nonfarm payroll data shooting down hopes of interest rate cuts in the US.
Read more(Alliance News) - Stocks in London retreated on Friday ahead of the US jobs report, leaving the FTSE 100 on track for a fourth consecutive weekly loss.
Read more(Alliance News) - C&C Group PLC on Friday said Chief Executive Patrick McMahon would step down after accounting errors during his tenure as chief financial officer led the firm to adjust prior year financial figures.
Read more(Alliance News) - Stock prices in London opened red on Friday, with the FTSE 250 trending downwards following news that C&C Group's CEO Patrick McMahon has stepped down with immediate effect over issues that occurred while he was chief financial officer.
Read more(Alliance News) - Stocks in London are set to open higher on Friday, ahead of non-sale payrolls and wholesale inventories from the US, and after the European Central Bank cut interest rates for the first time in five years on Thursday.
Read more(Sharecast News) - C&C Group shares plunged on Friday after the drinks maker said chief executive Patrick McMahon would be stepping down after accounting errors in the last three years when he was chief finance director.
Read moreC&C Group PLC - Dublin-based owner of the Tennent's, Magners and Bulmers Ireland beer and cider brands - Says financial 2024 results, which were scheduled for release on May 23, will be delayed, and it will provide a new date "as soon as possible". C&C says its auditors need more time to complete a review of some non-cash accounting measurements relating to previous reporting periods.
Read more(Sharecast News) - Bulmers, Magners and Tennent's owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read moreC&C Group PLC - Dublin-based drinks maker and distributor, whose notable brands include Tennent’s, Magners and Bulmers - Announces launch of EUR15 million share buyback programme next Friday. The buyback is part of the company's plan to return up to EUR150 million to shareholders over the next three financial years, as announced in October. The programme will commence on March 1 and run until June 30 at the latest.
Read more(Sharecast News) - Bulmers and Magners owner C&C Group said on Wednesday that it will launch a buyback programme of up to €15m on 1 March.
Read more(Alliance News) - C&C Group PLC on Thursday said that trading had been "resilient" over the festive period, as the company expects full-year profit to be in line with expectations.
Read more(Sharecast News) - Magners cider owner C&C Group said it expected annual operating profit to be in line with current market expectations after resilient Christmas trading despite some adverse weather in Britain.
Read more(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.
Read more(Sharecast News) - Bulmers and Magners owner C&C Group said on Monday that it has appointed Andrew Andrea as chief financial officer with effect from 1 March 2024.
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