Frasers Group Share News (FRAS)

LONDON MARKET MIDDAY: Stocks decline as service sector growth slows

(Alliance News) - Stocks in London nursed heavy falls at midday as a slowing in service sector activity offset brighter news from the UK's high streets.

IN BRIEF: Frasers Group launches new share buyback worth GBP80 million

Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Commissions new share buyback for up to 10.0 million shares, spending no more than GBP80.0 million. The programme will be run by Barclays Bank PLC, part of Barclays PLC, during the closed period from Tuesday until Frasers releases its financial 2024 results. These are scheduled for July, with no specific date yet announced.

LONDON BRIEFING: Ashtead profit declines; Whitbread sales rise

(Alliance News) - London's FTSE 100 is called to open higher on Tuesday, taking confidence from a decent showing for US equities overnight, with inflation data and central bank decisions the key plot points as the week progresses.

Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec

(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.

IN BRIEF: Frasers confirms former regulator Jon Thompson joins board

Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Confirms that Jon Thompson, the former chief executive of the UK Financial Reporting Council, has joined its board as a non-executive director. Frasers back in February had said Thompson would join later in the year.

Frasers Group ups stake in Hugo Boss back to value of GBP300 million

(Alliance News) - Frasers Group PLC on Friday said it has increased its investment in Hugo Boss AG, amid the fashion house stock's recent decline.

Frasers Group lifts stake in Hugo Boss to £305m

(Sharecast News) - Mike Ashley's retail conglomerate Frasers Group has raised its stake in Hugo Boss after a sharp drop in the German fashion group's share price since the start of the year.

London stocks recover as yields retreat; Auto Trader hits record high

FTSE 100 up 0.6%; FTSE 250 climbs 1.2%

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CORRECT: Europe up, New York falls before inflation data

(Correcting UK index closing prices.)

LONDON MARKET CLOSE: Europe up, New York falls before inflation data

(Alliance News) - Stock prices in London Europe rebounded on Thursday, though equities in New York struggled, with focus turning to inflation readings on Friday, and what they could mean for monetary policy in the US and eurozone.

Frasers closing in on deal to take control of Ted Baker's UK arm - report

(Sharecast News) - Mike Ashley's Frasers Group is reportedly closing in on a deal to take control of Ted Baker's British arm, putting the future of its head office staff firmly in the balance.

Mike Ashley's Fraser close to tie-up with Ted Baker - report

(Sharecast News) - Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker.

Boohoo's annual earnings fall 7% after sales slump

Core earnings of 58.6 mln stg at bottom end of guidance

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Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call

LONDON, May 3 (Reuters) - British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday.