FTSE 100 closes at new record high as pound firms, US stocks gain
After a record close on Friday, Monday was always likely to get off to a slow start although it has picked up as the day has worn on...
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 18 of 24
Archive
M&S and Sainsbury's take centre stage as BoE interest rate hike excitement dies down
The week ahead includes earnings from M&S, Sainsbury's, ABF, Direct Line, Wetherspoon and AstraZeneca while macro-economic announcements will be thin on the ground
Debenhams battered by Liberum rating downgrade, cautious trading update from high street peer Next
Liberum’s analysts cut their stance for Debenhams to ‘sell’ from ‘hold’ with a reduced target price of 40p, down from 58p, after concluding that the group’s “fundamentals do not appeal"
Archive
Proactive news snapshot: Ergomed , PCF Group, Synairgen …
A glance at some of the day's highlights from the Proactive Investors newswire
Imaginatik lifted by contract win with US investment management company
"We continue to believe that in order for an organisation to build and sustain a business-critical innovation ethos and competency, technology and consultancy need to be implemented in a joined-up way," said Imaginatik
Hardware & electrical equipment
Quartix appoints Daniel Mendis as new CFO
The Oxford graduate and current head of finance at AB Food’s AB Agri division will take up his new role in January
FTSE 100 steadily extends gains
There has been no news flow from FTSE 100 companies to speak of today
Investments and investor services
FTSE 100 closes firmly lower as pound strengthens; Next surges
Sterling surged past US$1.33 shortly after the Bank of England voted in favour of keeping interest rates at 0.25%, with analysts describing the move as a 'hawkish hold'
AB Foods shares weak as grocery cost pressures offset raised full year outlook on strong performance from Primark
The FTSE 100-listed group said Primark had “experienced an even lower level of markdown” in the fourth quarter, helped by favourable weather, which has further improved the group’s full year outlook
FTSE 100 closes almost 36pts up as traders buy back in
The blue chip index closed out almost 36 points higher at 7,413
Archive
Carney & Co in the crosshairs, plus key UK data and updates from Next, Morrisons and Wetherspoon
Week ahead includes latest Bank of England policy meeting, UK data on inflation, unemployment, wages and retail sales, plus corporate updates from Next, Associated British Foods, Wm Morrison Supermarkets, and JD Wetherspoon
FTSE 100 closes 40 points down as retailers weigh
The market chose to interpret Broadbent's comments as a vote for the status quo
Brokers turning more positive on Primark-owner AB Foods following yesterday's upbeat trading statement
Among them, Deutsche Bank has raised its price target for AB Foods to 3,300p, up from 3,200p previously, and repeated a ‘buy’ rating
Primark’s performance once again out of the top drawer for conglomerate AB Foods
Independent retail analyst Nick Bubb said: “Today’s trading update from the sprawling conglomerate ABF is upbeat about the ‘jewel in its crown’, namely mighty Primark”
AB Foods shares jump as underlying trading ahead of forecasts thanks to strong performance from Primark
In a trading update, the FTSE 100-listed firm said group revenue from continuing businesses was 10% ahead of the same period last year at constant currency
FTSE 100 pares losses despite sharp fall in US equities
Lancashire Holdings rose in sympathy with Novae as the Lloyd's specialist insurer sold out to AXIS Holdings
Archive
Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
FTSE 100 closes lower as election worries dent sentiment
The FTSE 100 closed down 6.56, or 0.09% to 7,519...
Fashionable upgrades lift shares in both Next and Primark-owner AB Foods
Investec Securities upped its stance for Next to ‘buy’ from ‘hold’, while raising its target price to 4,750p from 3,900p.
Fruitflow dietary supplement group Provexis gets a boost
A look at some of the biggest London-listed risers and fallers today