Footsie up ahead of close; unrest at ITV hits shares
The bulls could not quite push the top-share index above 7,400. Tomorrow they'll have a harder job with ex-div stocks lopping about 14 points off the Footsie
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 19 of 24
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Osborne to stand down as an MP to concentrate on his other jobs
Theresa May's decision to dodge the televised party leader debates attracts derision while George Osborne's decision to stand down as an MP is front page news in the paper he edits
AB Foods sees profit beat forecasts driven by higher sugar prices and Primark growth
For the 24 weeks to March 4, AB Foods reported a 35% jump in adjusted pre-tax profit to £624mln, as revenue rose to £7.296bn, up 7% at constant currency, and 19% at actual rates
FTSE 100 closes down as May wins MP backing for election
Although it has been an up and down day for the Footsie, it has rarely strayed far from last night's closing level
Iconic cereal Weetabix spooned up by US giant Post Holdings
Post is the third largest cereal company in the US and will add Weetabix to its brands
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Day ahead: Retailers at opposite ends of shopping spectrum in focus
Luxury group Burberry PLC will deliver a pre-close season trading update, while Primark discount clothing chain owner Associated British Foods PLC delivers its first-half results
ABF misses out on Weetabix takeover as cereal brand gobbled up by US firm Post Holdings
Associated British Foods was said to be among the potential bidders for Britain's iconic cereal firm Weetabix
FTSE 100 down 164 points on snap election news; pound hits 10-week high
The UK prime minister has announced a snap general election for 8 June
FTSE 100 seen cautious after mixed US, Asian session on Korea worries
Spread betting firm London Capital Group expects the FTSE 100 index to open around 10 points lower at 7,317, having shed 21.4 points last Thursday
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Primark to keep the ball rolling nicely at Associated British Foods
Week ahead; Associated British Foods , Sky , Unilever Burberry, Reckitt Benckiser...
Jefferies gives AB Foods a boost with an upgrade to 'buy' ahead of next week's interims
The broker's analysts raised their rating for the Primark discount fashion chain to Silver Spoon sugar conglomerate from ‘hold’ with an increased target price of 3,100p, up from 2,450p previously
Investments and investor services
FTSE 100 closes 21 points down ahead of Easter weekend
Yesterday the FTSE 100 briefly rose above 7,400 ... today, a sub-7,300 level beckons
Investments and investor services
FTSE 100 ends little changed as UK lines up on Brexit grid
The druggies and miners were on offer early on – although the movements were barely perceptible on a lacklustre Monday morning.
AB Foods maintains its earnings guidance, with Primark seeing solid sales growth, although margins remain a concern
In a trading update, the FTSE 100-listed firm said that for the half year it expects “excellent progress in adjusted operating profit and adjusted earnings per share for the group.”
Investments and investor services
FTSE 100 rises as rally in Unilever and Bunzl offset slump in motor insurers
At 3.33pm, the index of blue-chip shares was up just over 14 points at 7,257
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Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Investments and investor services
FTSE 100 ends higher as food groups power gains on takeover battle
Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
Prudential shares in demand; Metal Tiger and Falcon Oil & Gas strong gainers
Some of London's largest risers and fallers around 2.30pm included insurer Prudential, and small caps Metal Tiger and Falcon Oil & Gas ...
FTSE 100 closes higher with banks betting on March US rate hike
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March