Melrose Share News (MRO)

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.

TOP NEWS: Melrose posts return to growth in Aerospace division

(Alliance News) - Melrose Industries PLC on Thursday recorded a return to growth in its Aerospace division at the start of 2022 but noted that its Automotive and Powder Metallurgy arms are lagging behind, on supply chain issues.

LONDON MARKET OPEN: Mondi and Shell lift FTSE 100 after strong updates

(Alliance News) - Stock prices in London opened sharply higher on Thursday after the US Federal reserve assuaged fears over further aggressive monetary policy tightening, while positive updates from Mondi and Shell boosted the FTSE 100.

LONDON MARKET PRE-OPEN: Shell raises dividend 47% as profit surges

(Alliance News) - Stock prices in London were seen opening higher on Thursday, tracking gains in US equity markets overnight, after the US Federal Reserve played down chances of a large interest rate hike in the near future.

Melrose Industries' aerospace unit delivers continued growth

(Sharecast News) - Investment group Melrose Industries said on Thursday that recent trading has been in line with full-year expectations, with its aerospace division experiencing continued growth.

LONDON BROKER RATINGS: Liberum cuts boohoo to 'hold' from 'buy'

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