Melrose Share News (MRO)

LONDON MARKET MIDDAY: ECB to chart course for interest rate 'lift-off'

(Alliance News) - Stock prices in London were lower at midday on Thursday, ahead of a policy announcement by the European Central Bank in which the Frankfurt-based institution is expected to lay the groundwork for policy tightening.

LONDON MARKET CLOSE: Oil, Melrose and Aveva help cap FTSE 100's losses

(Alliance News) - Lowered economic growth forecasts from the OECD damped the mood on Wednesday, but the FTSE 100 was one again spared severe losses due to oil majors BP and Shell.

Citi and RBC upbeat on Melrose after fresh guidance for aerospace

(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of Melrose on the back of the company's update guidance ahead of its Aerospace Capital Markets Day.

LONDON MARKET MIDDAY: FTSE 100 down as US CPI print edges closer

(Alliance News) - Stock prices in London were mostly lower at midday on Wednesday as investors continued to fret about inflation and slowing economic growth, as central banks around the world scramble to keep a lid on rising prices.

TOP NEWS: Melrose unveils delayed GBP500 million after latest disposal

(Alliance News) - Melrose Industries PLC on Wednesday said it will launch a GBP500 million buyback after earlier this week announcing the sale of the final asset belonging to 2016 acquisition Nortek Inc.

LONDON MARKET OPEN: Melrose rises on GBP500 million share buyback

(Alliance News) - Stock prices in London opened mostly lower on Wednesday, while Melrose Industries bucked the down trend by announcing a substantial cash return to shareholders.

LONDON MARKET CLOSE: FTSE 100 rallies 1%; pound up ahead of UK PM vote

(Alliance News) - Equities in London had a buoyant start to the week after a four-day break, with oil majors and miners leading the gainers amid optimism over easing Covid rules in China.

LONDON MARKET MIDDAY: Pound unfazed as UK PM faces no-confidence vote

(Alliance News) - Stock prices in London were higher at midday on Monday following the long holiday weekend in the UK, after an easing of virus lockdowns in China, while the pound appreciated ahead of a no-confidence vote in Westminster.

LONDON MARKET OPEN: Melrose rises after USD650 million Ergotron sale

(Alliance News) - Stock prices in London opened higher on Monday, following the long holiday weekend, as China eased Covid curbs.

TOP NEWS: Melrose sells last Nortek asset with USD650 million deal

(Alliance News) - Melrose Industries PLC on Monday said it has agreed a USD650 million deal to sell the final asset belonging to 2016 acquisition Nortek Inc.

LONDON MARKET PRE-OPEN: Melrose sells Ergotron for USD650 million

(Alliance News) - Stock prices in London are seen opening higher on Monday, following the long holiday weekend in the UK, tracking gains in Asian equity markets as Beijing further relaxed pandemic restrictions.

Melrose sells Ergotron unit for $650m

(Sharecast News) - Melrose Industries said it had sold its Ergotron business to funds managed by The Sterling Group for ly $650m (£520m) in cash.

UK dividends calendar - next 7 days

LONDON MARKET CLOSE: Stocks try to rally against spectre of recession

(Alliance News) - Stocks in London on Tuesday were attempting to recover from heavy losses on Monday due to worries about slowing economic growth.

LONDON MARKET MIDDAY: Pound slips as BoE opts for quarter-point hike

(Alliance News) - Stock prices in London were higher, while the pound was flat, on Thursday, after the Bank of England as expected raised UK interest rates by a quarter percentage point.