LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read morePlaytech PLC - Isle of Man-based gambling software - Says Chief Financial Officer Andrew Smith plans to step down on November 28. Says Chris McGinnis will succeed Andrew as CFO on the same date.
Read more(Sharecast News) - Gambling software specialist Playtech said on Tuesday that its chief financial officer was stepping down.
Read more(Alliance News) - Stock prices in Europe regained some poise going into Thursday afternoon, clawing back some recent losses ahead of September's US inflation reading.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read morePlaytech PLC - Isle of Man-based gambling software - Enters amended EUR277 million revolving credit facility until October 2025, with a further on-year extension option. The company has been reviewing its EUR530 million senior secured notes and its revolving credit facility, both of which mature in the fourth quarter of 2023. Also plans to redeem EUR330 million of the EUR350 million senior secured notes on November 16. Says this will be funded using current cash balance, with the amended revolving credit facility to remain undrawn. Expects this will result in cash interest savings of around EUR12 million in 2023. Adds that the remaining balance will be repaid at maturity, or sooner, taking annualised savings to EUR20 million.
Read more(Sharecast News) - Gambling software maker Playtech said it had agreed an amended €277m revolving credit facility until October 2025, with a further one-year extension option.
Read more(Sharecast News) - Analysts at Deutsche Bank slightly raised their target price on software firm Playtech from 602.0p to 607.0p on Monday after the group delivered a "strong" first-half performance and a "positive assessment" of short and medium-term prospects.
Read more(Alliance News) - European markets suffered steep losses on Thursday, in a day dominated by central bank activity as monetary policymakers across the globe look to get a handle on inflation.
Read more(Alliance News) - Stocks in London were trading in the red at midday on Thursday after the Bank of England raised UK interest rates by half a percentage point to 2.25%.
Read more(Alliance News) - Playtech PLC on Thursday reported a significant decrease in profit, but said results were "ahead of expectations" due to large revenue growth.
Read more(Alliance News) - Stocks in London were trading in the red on Thursday morning as investors digested the latest interest rate hike from the US Federal Reserve and looked ahead to the Bank of England's own decision.
Read more(Alliance News) - Stocks in London are set to open lower on Thursday, ahead of a major interest rate decision by the Bank of England and a day after the US Federal Reserve settled for another three-quarter-point rate hike.
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