Melrose Share News (MRO)
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(Alliance News) - Windar Photonics PLC on Friday said Chair Johan Blach Petersen stepped down with immediate effect, although he will continue to serve as a non-executive director.
Read more(Alliance News) - Melrose Industries PLC on Monday said it started a GBP500 million share buyback programme.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:
Read more(Alliance News) - Dowlais Group PLC on Tuesday released figures showing its loss halved in the first half of 2023 amid rising revenue, though it cautioned that auto worker strikes in the US could hurt full-year results.
Read more(Alliance News) - Melrose Industries PLC on Tuesday said the financial hit to subsidiary GKN Aerospace from an engine parts fault will be about GBP200 million, but this will be spread over the next three years.
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(Sharecast News) - Melrose Industries offered clarification on Tuesday, over a recent update from RTX on the Pratt & Whitney GTF fleet.
Read more(Alliance News) - The FTSE 100 ended in the green on Monday, lifted by a rally among mining stocks after data over the weekend provided some positive news for China's troubled economy.
Read more(Sharecast News) - Shares of emerging markets investment manager Ashmore have tanked since the start of the year but still don't represent a buying opportunity, according to Citi, which maintained its 'sell' rating on the stock on Monday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more(Sharecast News) - RBC Capital Markets downgraded Melrose Industries on Monday to 'sector perform' from 'outperform' as it argued the valuation was "up with events", but lifted the price target to 540p from 525p.
Read more(Alliance News) - Stocks in London are called higher on Monday, ahead of a busy week of interest rate decisions and economic data.
Read more(Alliance News) - Stocks in London closed in the green on Friday, with markets riding high on the hopes that interest rates in the UK may soon hit their peak.
Read more(Alliance News) - Stock prices in London were mixed at midday on Friday, after a report from KPMG/REC on the UK labour market painted a grim picture.
Read more(Alliance News) - The FTSE 100 ended in the green on Thursday, after a weak start to the day, as the narrative around the future of UK interest rates shifted following dovish words from central bank chief Andrew Bailey.
Read more(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
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