Experian Share News (EXPN)

LONDON MARKET CLOSE: FTSE 100's win streak snapped by inflation woes

(Alliance News) - Stock prices in London closed lower on Wednesday, following three successive sessions of gains, as a hot UK inflation print sparked more stagflation worry.

LONDON MARKET MIDDAY: High inflation in UK and EU leaves stocks flat

(Alliance News) - Europe's blue-chip stock benchmarks were drifting aimlessly at midday on Wednesday, as markets seemed unsure how to react to hot inflation figures in the UK and the eurozone.

Experian posts stronger profit but inflation hits growth outlook

May 18 (Reuters) - Experian posted a 34% jump in full-year pre-tax profit on Wednesday, but the world's largest credit data firm gave a softer organic revenue growth outlook as demand for lending data is likely to fall as rising inflation hits consumer spending.

LONDON BROKER RATINGS: Kepler cuts Astra to hold; RBC raises Reckitt

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

TOP NEWS: Experian posts higher annual profit, expects growth to slow

(Alliance News) - Experian PLC on Wednesday posted a higher profit in its financial year ended March 31 but has guided for slowing organic revenue growth.

LONDON MARKET OPEN: Sterling retreats as UK inflation surges to record

(Alliance News) - Stocks were searching for direction in London on Wednesday morning after a record inflation figure put sterling on the back foot.

LONDON BRIEFING: UK consumer price inflation hits highest in 40 years

(Alliance News) - Consumer prices in the UK shot up in April, setting a record pace of inflation, official data showed on Wednesday, as pressure continues to mount on the Bank of England to rein in spiralling costs.

Experian hails 'significant' progress in consumer services as FY profits rise

(Sharecast News) - Credit-checking firm Experian reported a jump in full-year profit and revenue on Wednesday as it highlighted significant progress in consumer services.

Experian acquires controlling stake in Brazilian fintech

(Sharecast News) - Credit reference agency Experian has agreed to acquire a 51% stake in Brazilian fintech group MOVA Sociedade de Empréstimo entre Pessoas as part of a BRL 40.0m (£6.45m) cash deal.

IN BRIEF: Experian buys stake in Brazil-based Mova for USD8 million

Experian PLC - Dublin-based credit checking - Agrees to buy a 51% stake in Sao Paulo, Brazil-based fintech company Mova Sociedade de Emprestimo entre Pessoas SA from private investor Erico Sodre Quirino and Chief Executive & Founder Roberto Tesch. Says it will pay roughly USD7.9 million in cash for the interest on completion and an earnout based on Mova's 2024 net revenue. Experian also has a call option to buy the remaining 49% stake between 2026 and 2028. Mova is focused on business-to-business solutions. Experian says Mova is "highly complementary" to its existing business-to-business offering.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: BofA lifts Bridgepoint; Citi cuts Experian

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

Experian slumps after Citi downgrade to 'neutral'

(Sharecast News) - Citi downgraded its stance on Experian on Wednesday to 'neutral' from 'buy', arguing that cyclical headwinds are likely to make it difficult for the North American data business to deliver consensus FY23E organic growth of 8.2%.

LONDON BRIEFING: John Menzies finally accepts Kuwaiti takeover offer

(Alliance News) - John Menzies on Wednesday said it has accepted an offer from GIL International Holdings V, a subsidiary of Kuwait's Agility Public Warehousing Co.

LONDON BROKER RATINGS: Bank of America says buy Experian and Intertek

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