Mondi Share News (MNDI)

Jefferies raises target price on Mondi

(Sharecast News) - Jefferies upped its target price on paper and packaging business Mondi from 1,650.0p to 1,700.0p on Tuesday following the group's first-quarter trading update.

UK dividends calendar - next 7 days

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

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

London close: Stocks rise as US payrolls come in weaker

(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.

TOP NEWS: Mondi first-quarter sales volumes rise on strong order books

(Alliance News) - Mondi PLC said on Friday market conditions continued to improve in the first quarter of 2024, however, selling prices were sluggish and underlying profit declined, though in line with its expectations.

Mondi earnings in line as market conditions improve

(Sharecast News) - Paper and packaging company Mondi reported improved market conditions in its first quarter on Friday, resulting in stronger order books and increased sales volumes across a range of paper grades compared to the prior quarter.

UK shareholder meetings calendar - next 7 days

UK's FTSE 100 rises as traders ramp up rate cut bets

BoE's Ramsden more confident UK inflation risks are ebbing

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LONDON MARKET CLOSE: Stocks tentative on rising Israel-Iran tensions

(Alliance News) - Stock prices in London closed up on Friday, as investors showed caution in reaction to Israel carrying out retaliatory strikes on the Iranian central province of Isfahan.

DS Smith shares tumble as Mondi drops out of takeover race

April 19 (Reuters) - British packaging group Mondi will not make an offer to buy DS Smith, it said on Friday, bowing out of the battle after its UK peer agreed to a 5.8 billion pound ($7.21 billion) deal with International Paper earlier this week.

TOP NEWS: Mondi pulls out of DS Smith takeover race

(Alliance News) - Mondi PLC on Friday said it does not plan on making an offer for DS Smith PLC, as the tussle for the FTSE 100 listed firm took another turn.

DS Smith tumbles as Mondi abandons pursuit

(Sharecast News) - DS Smith tanked on Friday after Mondi said it would not be making an offer for the rival packaging group, clearing the path for a takeover by International Paper.

LONDON MARKET CLOSE: Stocks down on fears on Fed, Iran-Israel tensions

(Alliance News) - Stock prices in London closed down on Tuesday, as investors showed concern over rising geopolitical tensions between Iran and Israel, while hopes of three US Federal Reserve interest rate cuts this year continue to fade.

LONDON MARKET MIDDAY: Shares sold-off on interest rate, conflict worry

(Alliance News) - European equities were sharply lower heading into Tuesday afternoon, on US interest rate concerns and mixed data from China, while tensions in the Middle East continue to simmer.