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Pin to quick picksTate & Lyle Share News (TATE)

Share Price Information for Tate & Lyle (TATE)

London Stock Exchange
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Share Price: 655.00
Bid: 658.00
Ask: 659.00
Change: -0.50 (-0.08%)
Spread: 1.00 (0.152%)
Open: 643.00
High: 664.00
Low: 643.00
Prev. Close: 655.50
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UPDATE 2-London mid-cap stocks outperform as engineer IMI soars

Mon, 26th Apr 2021 09:44

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window.)

* Pearson rises as demand for online learning boosts Q1
trading

* FTSE 100 up 0.35%, FTSE 250 adds 0.92%
(Updates to market close)

By Devik Jain and Medha Singh

April 26 (Reuters) - London's FTSE-100 rose on Monday as
mining and financial shares benefitted from growing hopes of an
economic recovery, while a surge in shares of engineer IMI
helped the mid-cap index outperform its blue-chip counterpart.

The FTSE-100 added 0.4%, helped by gains in mining
stocks as copper prices hit their highest in over
10 years and prices of other metals also rose.

Glencore shares jumped more than 3% as an
Australian state planning commission approved an extension to
the company's Mangoola coal mine in the Upper Hunter Valley of
New South Wales.

Economy-linked financial stocks added about
1.5%, while travel and leisure shares climbed
more than 1% after a top European Union official said on Sunday
that vaccinated Americans should be able to travel to Europe by
summer.

"Travel stocks soared higher during the London session today
as hopes lifted that a big rescue could now be on the cards for
the summer season, with the introduction of vaccine passports,"
said Susannah Streeter, senior investment and markets analyst at
Hargreaves Lansdown.

The domestically focussed mid-cap FTSE 250 index
added 0.92%, nearing a record high. Engineering firm IMI
jumped 11% to a seven year high after it raised its annual
profit outlook.

World stocks also ticked higher, with U.S. stocks advancing
ahead of earnings from U.S. tech heavyweights this week. Focus
is also on results from big UK banks in the coming days.

The FTSE-100 has gained 7.8% year-to-date as encouraging
economic data on the back of speedy COVID-19 vaccinations and
constant policy support from the government lifted optimism
about a stronger economic recovery.

Goldman Sachs expects the UK economy to grow by a "striking"
7.8% this year, more than the United States, following a nearly
10% slump last year as Britain was hit by longer coronavirus
lockdowns than many of its peers.

Rolls Royce jumped 6% to the top of the FTSE-100
index after it said on Friday it was in constructive talks with
Spain over the sale of its Spanish unit ITP Aero.

Global education group Pearson rose 2.7% after
posting a 5% increase in underlying revenue growth in the first
quarter, helped by strong demand for online learning courses.
(Reporting by Devik Jain and Medha Singh in Bengaluru; Editing
by Uttaresh.V and Mark Potter)

More News
1 Apr 2022 13:43

IN BRIEF: Tate & Lyle completes disposal of stake in Primary Products

Tate & Lyle PLC - London-based food and beverage ingredients provider - Completes the sale of a controlling stake in its Primary Products business in North America and Latin America and its subsidiaries, Primient, to New York-based investment company KPS Capital Partners LP. KPS now holds a 50% interest in Primient and has board and operational control. Tate & Lyle holds the remaining 50% interest in Primient. It intends to return GBP500 million to shareholders through a special dividend and associated share consolidation.

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31 Mar 2022 08:29

Tate & Lyle to buy dietary fibre business in China for USD237 million

(Alliance News) - Food and beverage ingredients maker Tate & Lyle PLC on Thursday said it has agreed to buy a Chinese prebiotic dietary fibre business for USD237 million.

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31 Mar 2022 07:23

Tate & Lyle acquires Chinese prebiotic dietary fibre business

(Sharecast News) - Food and beverage ingredients provider Tate & Lyle said on Thursday that it had agreed to acquire Chinese prebiotic dietary fibre business Quantum Hi-Tech Biological for $237.0m.

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16 Feb 2022 09:31

LONDON BROKER RATINGS: Goldman ups Glencore price target, cuts Pearson

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

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11 Feb 2022 16:53

LONDON MARKET CLOSE: Equities end week unnerved by US rate hike worry

(Alliance News) - Stock prices in Europe ended lower on Friday, as the prospect of a chunkier 50 basis point interest rate lift-off by the US Federal Reserve unsettled global markets at the end of a decent week for equities.

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11 Feb 2022 12:05

LONDON MARKET MIDDAY: Interest rate worries turn investment mood sour

(Alliance News) - Stocks in London were headed for a downbeat end to an otherwise fruitful week, with trepidation setting in on Friday that the Federal Reserve could hike US interest rates even more aggressively than previously expected to counter surging inflation.

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11 Feb 2022 08:44

LONDON MARKET OPEN: Stocks wobble at end of week on inflation worries

LONDON MARKET OPEN: Stocks wobble at end of week on inflation worries

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11 Feb 2022 08:41

Tate & Lyle records third-quarter revenue growth; shares rise

Tate & Lyle records third-quarter revenue growth; shares rise

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11 Feb 2022 07:46

LONDON MARKET PRE-OPEN: UK economy rebounds 7.5% in 2021

LONDON MARKET PRE-OPEN: UK economy rebounds 7.5% in 2021

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11 Feb 2022 07:05

Tate & Lyle lifts guidance for continuing ops as revenues rise

(Sharecast News) - Food products group Tate & Lyle reported a rise in revenues in the final three months of 2021 as it lifted guidance for continuing operations and said it remained on track to create two businesses by the end of March.

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9 Feb 2022 09:51

Tate & Lyle hires Mars executive as new chief financial officer

Tate & Lyle hires Mars executive as new chief financial officer

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9 Feb 2022 07:27

Tate & Lyle taps Dawn Allen for CFO

(Sharecast News) - Food and beverage ingredients supplier Tate & Lyle said on Wednesday that Dawn Allen had been appointed to the position of chief financial officer.

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4 Feb 2022 16:10

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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3 Feb 2022 16:18

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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27 Jan 2022 14:31

Barclays resumes coverage of Tate & Lyle at 'overweight'

(Sharecast News) - Barclays resumed its 'overweight' coverage on Tate & Lyle on Thursday with a 930p price target as it pointed to a "new era" with significant total shareholder return potential.

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