LONDON MARKET OPEN: Debenhams Rises As Sports Direct Offers Rescue
LONDON (Alliance News) - Stock prices in London were lower early Monday following mixed trading sessions in Japan and China, though Debenhams shares rose after Sports a to
Read moreTue, 01st Dec 2020 09:06
LONDON (Alliance News) - Stock prices in London were lower early Monday following mixed trading sessions in Japan and China, though Debenhams shares rose after Sports a to
Read more(Sharecast News) - Debenhams was on course to be put into administration within 24 hours as it rejected an offer from Sports Direct boss Mike Ashley to underwrite a £150m rights issue.
Read moreLONDON (Alliance News) - Stock prices in London are seen opening in the red on Monday tracking Asian equity markets lower despite better-than-expected jobs data in the US on Friday and a report of
Read moreLONDON (Alliance News) - Moody's Investors Service on Thursday downgraded Debenhams PLC's rating to Ca, as it believes that the company's refinancing will inevitably lead to creditor
Read moreLONDON (Alliance News) - Debenhams PLC on Tuesday said that two shareholders lowered their respective interests in the company last week.In a deal completed on Thursday, JPMorgan Chase Co a
Read moreLONDON (Alliance News) - Some positive manufacturing data from China helped to boost global investor sentiment at the start of the week, with London's miners among the gainers on Monday at 100
Read more(Sharecast News) - Rather than emerge with a full takeover bid, Sports Direct has prepared a template letter for other shareholders in Debenhams to use as part of boss Mike Ashley's push to install himself as chief executive of the troubled department store group.
Read more(Sharecast News) - Debenhams has secured £200m of cash from its lenders but said it remained open to Sports Direct making a takeover offer or underwriting a rights issue or a loan of its own.
Read moreLONDON (Alliance News) - Stocks in London ended in the green on Thursday, with the FTSE 100 supported by weakness in the pound which fell after the political confusion in the UK over Brexit was a
Read moreLONDON (Alliance News) - UK shares traded higher Thursday midday, with the FTSE 100 index boosted by gains for tobacco stocks and for chemicals firm Johnson Matthey, while the was
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Imperial
Read more(Sharecast News) - Debenhams said on Thursday that it had achieved the requisite level of consent from its bondholders to carry out the next stage of its refinancing plans, which it has warned could lead to shareholders being wiped out.
Read moreLONDON (Alliance News) - Debenhams PLC on Thursday said that a majority of its noteholders agreed to the amendments proposed last week, allowing the department store operator to proceed with a 17%
Read moreLONDON (Alliance News) - Debenhams PLC on Wednesday said that Odey Asset Management LLP now holds a 5.23% interest in the company.Odey's stake in the department store chain operator to
Read moreLONDON (Alliance News) - UK stock prices traded down on Wednesday at midday amid caution ahead of this evening's vote in Westminster, where members of Parliament will mull a raft of options of
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