Elementis Share News (ELM)

LONDON BROKER RATINGS: Jefferies raises Spirax-Sarco; cuts Victrex

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

LONDON BRIEFING: Stocks called up; GSK revenue and profit up

(Alliance News) - Stocks in London are called to open higher, as markets share of nerves around the next set of interest rate decisions.

British equities end mixed over corporate updates

IG Group, St. James's Place slide after earnings updates

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LONDON MARKET CLOSE: Stocks flat as investors mull rate cut prospects

(Alliance News) - London's blue-chips perked up in late trading to eke out marginal gains, after data in the US backed hopes for an early cut in interest rates.

London close: Stocks turn green after US GDP release

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

LONDON MARKET MIDDAY: Stocks down before expected ECB hold and US data

(Alliance News) - Stock prices in London were down at midday on Thursday, in tepid trade ahead of an expected interest rate hold from the European Central Bank and a US gross domestic product reading.

PE firm KPS said to have explored takeover offer for Elementis, shares surge

(Sharecast News) - Elementis surged on Thursday following a report that KPS Capital Partners recently explored a bid for the specialty chemicals firm.

PRESS: Elementis got takeover bid from US private equity - Reuters

(Alliance News) - Elementis PLC attracted takeover interest from a US private equity firm, which has since decided against tabling another offer, Reuters reported on Wednesday.

LONDON MARKET OPEN: Stocks drift lower before ECB decision

(Alliance News) - Stock prices in London opened lower on Thursday, amidst uncertainty ahead of the European Central Bank rate call.

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

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

UK equities rise on upbeat earnings, Watches of Switzerland slumps

Travel and leisure stocks hit near one-month high

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London close: Stocks manage gains after deluge of updates

(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.

IN BRIEF: Elementis expects 2023 profit rise after strong quarter

Elementis PLC - London-based speciality chemicals firm - Says performance in the fourth quarter of 2023 is strong compared to a "weak" final quarter in 2022. As a result, expects adjusted operating profit for 2023 to be in the range of USD102 million to USD104 million. For 2022, Elementis reported adjusted operating profit of USD101 million. Net debt at December 31 is anticipated to be about USD201 million, down from USD367 million. Looking ahead, Elementis says it remains committed to delivering on its financial targets, which include an operating margin of above 19%, by 2026.

Elementis FY profit seen slightly ahead of expectations after 'resilient' Q4

(Sharecast News) - Specialty chemicals company Elementis said on Thursday that 2023 profit was set to be slightly ahead of expectations after a "resilient" fourth-quarter performance.

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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