Melrose Share News (MRO)

UK dividends calendar - next 7 days

LONDON MARKET MIDDAY: FTSE 100 up, pound down as Bailey hints at peak

(Alliance News) - Stock prices in London were mixed at midday, with the FTSE 100 bouncing back after an initial decline on Thursday morning as investors took heart from dovish comments from Bank of England Governor Andrew Bailey.

TOP NEWS: Melrose Industries upgrades guidance on higher revenue

(Alliance News) - Melrose Industries PLC shares jumped on Thursday, after it upgraded it full-year guidance on the back of some strong interim results.

LONDON MARKET OPEN: Melrose shines on guidance; Synthomer sinks

(Alliance News) - Stock prices in London opened in the red on Thursday, as concerns over oil prices, interest rates and weak Chinese data sapped risk appetite across global equities.

Melrose Industries upgrades 2023 guidance

(Sharecast News) - Melrose Industries lifted its annual outlook on Thursday as it said trading has been ahead of expectations, partly due to higher-than-expected margins at the engines division.

LONDON BROKER RATINGS: Target Healthcare REIT raised to 'buy'

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

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: FTSE 100 snaps seven day losing streak

(Alliance News) - Stocks in London were higher at the close on Tuesday as markets celebrated better-than-expected public sector borrowing figures in the UK, and hoped that Chancellor Jeremy Hunt may have enough firepower in government coffers to enact some pre-election tax cuts.

Melrose CEO Simon Peckham sells 2m shares

(Sharecast News) - Melrose Industries slumped on Thursday after chief executive officer Simon Peckham sold 2m shares in the company - half his shareholding - at 524.5p "as a result of a change in personal circumstances".

IN BRIEF: Melrose Industries CEO Peckham sells half of shareholding

Melrose Industries PLC - Birmingham, England-based aerospace firm - Chief Executive Officer Simon Peckham sells 2.0 million shares at average 524.52 pence, worth GBP10.5 million, on Wednesday. Melrose says the sale was "a result of a change in Mr Peckham's personal circumstances". He still holds 2.0 million shares, a 0.2% interest, and "has no current intention to sell any further shares", the company says.

Sunday newspaper round-up: Bank of England, Sturgeon, Melrose

(Sharecast News) - Experts believe that the Bank of England will have to jack up its base rate from 4.5% at present to 5.5% by the end of 2023 in order to tame stubbornly high inflation. It was that prospect that had already resulted in lenders and building societies to raise the cost of fixed-rate mortgages or to pull deals altogether, as HSBC did during the preceding week. Higher rates also have implications for the cost of servicing the country's debts, in turn eliminating the Chancellor's already limited headroom to push through tax cuts before the elections. - The Financial Mail on Sunday

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

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

LONDON MARKET OPEN: Stocks head lower amid global growth fears

(Alliance News) - Stock prices in London opened in the red on Wednesday, as concerns about interest rate hikes and a global economic slowdown damped risk appetite.

LONDON BRIEFING: UK house prices fall; Diageo CEO Ivan Menezes dies

(Alliance News) - Stocks in London are called to open flat on Wednesday, as Chinese trade data raised concerns about a global economic slowdown.

LONDON MARKET CLOSE: Stocks higher as interest rate decisions loom

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, shrugging off a poor performance for oil majors in the FTSE 100 and lacklustre data for the UK's retail sector.