Melrose Share News (MRO)

UK dividends calendar - next 7 days

LONDON MARKET OPEN: Eyes on ECB; AB Foods sinks on cost pressures

(Alliance News) - Stocks in London opened higher on Thursday morning as investors awaited an important interest rate decision from the European Central Bank, while a warning of surging costs dented shares in Associated British Foods.

TOP NEWS: Melrose Industries plans new acquisitions after GKN demerger

(Alliance News) - Melrose Industries PLC said Thursday its first-half performance was at the top end of expectations, as it unveiled plans to break up UK engineering firm GKN.

Melrose Industries to demerge GKN automotive business

(Sharecast News) - Turnaround specialist Melrose Industries said on Thursday that it plans to demerge its GKN Automotive and GKN Powder Metallurgy businesses and list the new holding company.

LONDON BRIEFING: Melrose plans GKN demerger amid higher interim profit

(Alliance News) - Stocks in London were called higher on Thursday ahead of a European Central Bank interest rate decision later in the day, with analysts expecting a significant hike.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Citi likes Haleon, resumes GSK at 'neutral'

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

LONDON BROKER RATINGS: Jefferies ups NatWest, Smurfit Kappa to 'buy'

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

LONDON MARKET OPEN: Momentum lost as recession worries resurface

(Alliance News) - London shares snapped a two-day winning streak early Wednesday, as investors grew once again cautious over central bank tightening and recession risks, ahead of remarks from the head of the US central bank.

LONDON BRIEFING: UK extends NatWest share sale, as stake down to 48%

(Alliance News) - The UK government will continue to sell down its stake in lender NatWest, extending the trading plan unveiled last July for another year, the Treasury said on Wednesday.

LONDON MARKET CLOSE: Sell-off as ECB joins hawkish central bank chorus

(Alliance News) - Stocks in Europe extended losses on Thursday after the European Central Bank hinted that half-point interest rate hikes may be on the table, making it the latest central bank prepared to act aggressively to tame rampant inflation.

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.