ULE.L Share News (ULE)

LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

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

UK government approves acquisition of Ultra Electronics by Cobham

(Alliance News) - Ultra Electronics Holdings PLC on Thursday said that its acquisition by Cobham Group Holdings Ltd has received all antitrust and regulatory approvals.

EXECUTIVE CHANGES: SDI hires former Ultra Electronics CFO as new CFO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

Defensive stocks lead rebound in FTSE 100

June 24 (Reuters) - UK's FTSE 100 rose on Friday, lifted by defensive stocks at the end of a choppy week that saw investor anxiety over hawkish central banks, weak economic readings and heightened risks of a global recession.

LONDON MARKET CLOSE: Stocks surge as traders bet on slower Fed hikes

(Alliance News) - European equities defied the uncertain global economic outlook and jumped on Friday, posting a first weekly gain in three weeks, as markets begin to price in a slower monetary policy tightening process by the US Federal Reserve.

LONDON MARKET MIDDAY: Stocks rise on US Fed pledge to fight inflation

(Alliance News) - Stock prices in London were higher at midday on Friday as traders and investors pondered remarks by US Fed Chair Powell in two appearances before legislators.

LONDON MARKET OPEN: Ultra Electronics and Energean bookend FTSE 250

(Alliance News) - Stock prices in London opened higher on Friday following a positive lead from Asian equity markets, while Ultra Electronics rose with its takeover set for approval and Energean sank after a share sale.

TOP NEWS: UK government set to green-light Ultra Electronics takeover

(Alliance News) - Ultra Electronics Holdings PLC on Friday noted the UK government is "minded" to accept its takeover by Cobham, moving the deal a step closer to completion.

LONDON MARKET PRE-OPEN: Barclays buys mortgage lender for GBP2 billion

(Alliance News) - Stock prices in London are seen opening higher on Friday following a rally on Wall Street overnight and a positive day in Asia.

Private equity takeover of Ultra Electronics set to be approved

(Sharecast News) - The £2.6bn takeover of British defence manufacturer Ultra Electronics by a US private equity firm looks set to be waved on by the UK government after the Department for Business said it was minded to accept the deal.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Ultra Electronics senior executive lifts stake

Ultra Electronics Holdings PLC - London-based defence and security company - Says Mike Baptist, its president of Intelligence & Communications, buys 3,940 shares at 3,202 pence each on Wednesday in a deal worth GBP126,158.80. Following the transaction, Baptist holds 16,132 shares.

Director dealings: Insig AI chair invests, Ultra Electronics CEO covers tax bill

(Sharecast News) - Insig AI was at the top of the list of buys on Tuesday, after its chairman spent almost £80k on its shares.

LONDON BROKER RATINGS: Next and B&M raised; British Land cut to 'hold'

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

Ultra Electronics records reduced annual profit on revenue dip

(Alliance News) - Ultra Electronics Holdings PLC on Wednesday reported a reduced profit in 2021, due to a one-off loss from disposals in spite of organic revenue growth in two of its businesses.