London close: Stocks turn weaker as US wholesale prices dip
10th Sep 2025 17:58
(Sharecast News) - London stocks ended lower on Wednesday as investors weighed fresh US inflation data and a weak update from Primark owner Associated British Foods.
Read moreAB Foods to 'tread water' but long-term optimism remains, says Shore Capital
10th Sep 2025 10:08
(Sharecast News) - Shares in Associated British Foods tanked on Wednesday after the retail and foods conglomerate reported a mixed trading update - something which may cause the stock to "tread water for a while", according to Shore Capital.
Read moreABF posts resilient H2 as Primark gains market share, US sales surge
10th Sep 2025 07:03
(Sharecast News) - Associated British Foods reported a weaker performance in its sugar division and muted growth at Primark on Wednesday, overshadowing otherwise resilient trading across the board.
Read moreLondon close: Stocks slip ahead of Nvidia earnings
27th Aug 2025 17:26
(Sharecast News) - London stocks slipped on Wednesday as investors awaited quarterly results from US technology giant Nvidia, due after the closing bell on Wall Street.
Read moreLondon close: Stocks fall on fresh US stability jitters
26th Aug 2025 17:30
(Sharecast News) - London equities fell on Tuesday as political turmoil in the US unsettled global markets, with president Donald Trump's move to oust Federal Reserve governor Lisa Cook sparking investor jitters.
Read moreDeutsche Bank downgrades AB Foods, Kingfisher and Wickes
26th Aug 2025 08:37
(Sharecast News) - Deutsche Bank downgraded its stance on Associated British Foods, Kingfisher and Wickes on Tuesday as it took a look at the UK retail sector.
Read moreLondon close: Stocks weaker ahead of Putin-Trump talks
15th Aug 2025 17:53
(Sharecast News) - London stocks ended lower on Friday as investors turned cautious ahead of talks between US president Donald Trump and his Russian counterpart Vladimir Putin in Alaska, aimed at ending the war in Ukraine.
Read moreShore Capital praises AB Foods' actions to turn business around
15th Aug 2025 11:39
(Sharecast News) - Shore Capital has reiterated a 'buy' rating for retail and food conglomerate Associated British Foods, praising the company's recent actions to deal with underperforming parts of the business.
Read moreKingsmill owner AB Foods to buy Hovis from PE firm Endless
15th Aug 2025 07:58
(Sharecast News) - Kingsmill owner Associated British Foods said on Friday that it has agreed to buy Hovis Group from private equity firm Endless for an undisclosed sum.
Read moreLondon close: Stocks rise despite renewed trade tensions
14th Jul 2025 17:45
(Sharecast News) - London stocks closed higher on Monday, buoyed by geopolitical trade developments after US president Donald Trump announced plans to impose 30% tariffs on imports from the European Union and Mexico.
Read morePanmure Liberum ups AB Foods to 'buy', shares spark
14th Jul 2025 10:43
(Sharecast News) - Panmure Liberum upgraded Associated British Foods on Monday to 'buy' from 'hold' and hiked the price target to 2,600p from 1,900p as it said the market underestimates the pace of recovery of Sugar profits.
Read moreAB Foods 'to close' bioethanol plant unless UK govt covers losses
26th Jun 2025 07:04
(Sharecast News) - Associated British Foods has threatened to close its bioethanol plant in Hull unless the British government provides financial support to cover losses as a result of the recent US-UK trade deal.
Read moreRBC Capital downgrades Primark owner AB Foods
14th May 2025 10:27
(Sharecast News) - RBC Capital Markets downgraded Primark owner Associated British Foods on Wednesday to 'sector perform' from 'outperform'.
Read moreLondon close: Stocks reverse losses to finish marginally higher
6th May 2025 15:44
(Sharecast News) - London's stock markets ended marginally higher on Tuesday, with the top-flight index overcoming earlier losses to extend its record winning streak to a 16th consecutive session.
Read moreLondon close: Stocks rise on raft of corporate updates
29th Apr 2025 15:37
(Sharecast News) - London stocks finished higher on Tuesday, buoyed by investor optimism over potential easing of US tariffs on automobiles and a raft of corporate updates.
Read more