Hargreaves Lansdown Share News (HL.)

IN BRIEF: Hargreaves Lansdown picks Dechra chair Alison Platt as chair

Hargreaves Lansdown PLC - Bristol, England-based wealth management platform - Hires Alison Platt, the current chair of Dechra Pharmaceuticals PLC, to be next its non-executive chair. Platt replaces Deanna Oppenheimer, who will leave the Hargreaves board at its annual general meeting on Friday next week, having been chair for six years. Platt will join the Hargreaves board in early 2024. Until regulatory approval for Platt, Senior Independent Director Penny James will be interim chair. Dechra, a veterinary drugmaker, has agreed to be taken over by EQT, which is a Swedish private equity firm, and Luxinva SA, which is controlled by the sovereign wealth fund of the United Arab Emirates. The GBP4.5 billion deal is expected to be completed by early 2024. Platt also is a non-executive director of grocer Tesco PLC and chair of general insurer Ageas (UK) Ltd. Previously, she led estate agent Countrywide as chief executive officer from 2014 to 2018.

LONDON MARKET OPEN: FTSE 100 falls; Halfords, Xaar plunge

(Alliance News) - Stock prices in London opened mixed on Wednesday, as large caps fell on account of a stronger pound, though the domestically-focused midcap index rose.

LONDON BRIEFING: Hargreaves Lansdown says Dechra's Platt to be chair

(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors consider the latest dovish remarks from the US Federal Reserve.

Hargreaves Lansdown chair steps down amid shareholder backlash

(Sharecast News) - Hargreaves Lansdown has announced that chair Deanna Oppenheimer is to step down from the board after six years following mounting pressure from shareholders calling for her exit.

Hargreaves Lansdown investors urged to vote against chair re-election

(Sharecast News) - The non-executive chair of Hargreaves Lansdown, Deanna Oppenheimer, is expected to face a shareholder backlash at the financial services company's annual general meeting (AGM) in December.

ICG to replace Hargreaves Lansdown on FTSE 100 in latest reshuffle

(Sharecast News) - Asset manager Intermediate Capital Group (ICG) is set to be added to London's top-tier equity index in the latest quarterly reshuffle, swapping places with sector peer Hargreaves Lansdown which will be demoted to the FTSE 250.

TOP NEWS: Intermediate Capital set to replace Hargreaves in FTSE 100

(Alliance News) - Intermediate Capital Group PLC is set to rejoin the FTSE 100 Index at the next quarterly reshuffle, but Hargreaves Lansdown PLC's time at the top table could be coming to an end, after a 12 year run.

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

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

UK dividends calendar - next 7 days

London close: Retail stocks rise on mixed day for markets

(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.

LONDON BROKER RATINGS: UBS downbeat on AJ Bell and Hargreaves Lansdown

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

LONDON MARKET OPEN: Rentokil, Rightmove, Mondi weigh on FTSE 100

(Alliance News) - Stock prices in London opened lower on Thursday, amid some disappointing updates from large-cap companies, which added to a gloomy market sentiment amid rising US Treasury yields and growing consternation in the Middle East.

TOP NEWS: Hargreaves Lansdown posts slower growth in net new business

(Alliance News) - Hargreaves Lansdown PLC on Thursday reported net client growth decelerated in its first-quarter, amid ongoing macroeconomic challenges.

Hargreaves Lansdown new client growth slows, quarterly revenues rise

(Sharecast News) - Financial services firm Hargreaves Lansdown said revenues had grown year-on-year in the three months ended 30 September, even as net new client numbers continued to fall.