FTSE 100 closes in the black as Shire surges; tobacco stocks drift lower
Shire shares ended 5.89% up as the group received and rejected a takeover approach from Japan's Takeda Pharma
Company
Associated British Foods PLC
LON:ABF
Associated British Foods is a diversified international food, ingredients and retail group with sales of £10.2 billion and 97,000 employees in 44 countries.
479 stories · page 16 of 24
Ascent Resources climbs as formal sale process started after producing revenues in 2017
Some of the top news-driven risers in London at 3.45pm ...
AB Foods blames weather for drop in like-for-like sales at Primark in the first half
The 'Beast from the East' meant more people stayed at home rather than shopping at Primark stores, AB Foods said
FTSE 100 closes higher as Wall Street surges; sterling eases
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
Archive
Wage growth could be trigger point for Bank of England interest rate hike in May
Day ahead includes the latest UK employment and average earnings data, plus trading updates from Primark owner Associated British Foods and fellow retailer JD Sports
FTSE 100 closes below 7,200 as pound firms and crude weakens
The FTSE 100 closed below the 7,200 level as sterling continues to strengthen against the dollar
Archive
High street issues to the fore as Debenhams, JD Sports, and Primark owner AB Foods provide updates
Week Ahead includes trading statements from Primark owner Associated British Foods, Debenhams, and JD Sports, plus Q1 numbers from Unilever, Reckitt Benckiser and Rentokil Initial
Barclays trims target price for Associated British Foods but remains confident in Primark growth prospects
The bank said it expects Primark's scope for growth to be "considerably greater" than its rival company Inditex
Investments and investor services
IGas Energy advances as Cuadrilla achieves major milestone
A look at some of the biggest risers and fallers in London on Tuesday
Investments and investor services
FTSE 100 closes in red as traders still jittery about macro issues
The pound is up 0.36% against the Euro at the time of writing, while it is up 0.07% against the US dollar
FTSE 100 consolidates gains to close higher but miners weigh
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
Investments and investor services
FTSE 100 plunges 1.23% to below 7,000 after BoE rate decision
In the currency markets, the pound is up 0.13% against the Euro, but down 0.20% against the US dollar.
Investments and investor services
FTSE 100 closes higher as trade war fears ease
The premier UK blue-chip exchange added around 45 points at 7,203, while FTSE 250 also stormed higher, up 193 points at 19,968.
AB Foods expects first-half profit to be in line with last year, held back by fall in sugar revenues
The group said Primark's half-year total sales were expected to be up 7% at constant currency rates, with like-for-like sales down 1% over the first-half but up 1% in the second quarter
FTSE 100 closes higher but below 7,300, as Wall Street heads north
London's blue-chips closed up around 45 points but below the 7,300 level
Archive
Housebuliders step up to the podium in busy week of corporate earnings
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
Investments and investor services
Prospex Oil and Gas boosted by new discovery, Petro Matad pinched by US$16mln placing
A look at some of the top risers and fallers in London today.
Investments and investor services
FTSE 100 closes on a high but latest UK stats weigh on retailers
Turns out it was a blue Christmas for the UK retail sector, with sales data showing a worse than expected December period.
Investments and investor services
Rio Tinto and Glencore rise on Chinese stats
A look at some of the top risers and fallers in London today.
AB Foods delivers mixed Christmas trading with Primark lifting sales
Primark sales rose 9% over the Christmas trading period as the company opened more stores and increased its market share