Frasers Group lifts stake in Asos
1st Sep 2023 10:42
(Sharecast News) - Mike Ashley's Frasers Group upped its stake in online fashion retailer Asos on Friday.
Read moreDirector dealings: Asos co-founder sells 1m pounds worth of shares
29th Jun 2023 16:15
(Sharecast News) - Asos co-founder Nick Robertson sold shares in the digital fashion retailer.
Read moreMike Ashley's Frasers lifts stake in Asos again to 10.6%
15th Jun 2023 11:42
(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake again in troubled online fashion outlet Asos to 10.6%, the company announced on Thursday.
Read moreAsos returns to profit but Q3 sales fall 14%
15th Jun 2023 07:57
(Sharecast News) - Struggling UK online fashion retailer Asos said third-quarter sales fell 14%, but posted a rise in core earnings as it claimed its turnaround strategy to focus on more profitable items was starting to bear fruit.
Read moreSuppliers pause dealings with Asos - report
7th Jun 2023 10:32
(Sharecast News) - Suppliers to Asos are cutting ties with the fast fashion retailer, it was reported on Wednesday, over credit insurance concerns.
Read moreFrasers Group ups stake in Asos
6th Jun 2023 13:42
(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in online fashion retailer Asos again.
Read moreTurkish online retailer said to have made £1bn approach to Asos
5th Jun 2023 08:23
(Sharecast News) - Asos is reportedly on bid alert after the online fashion retailer received a £1bn approach from a Turkish company backed by Chinese giant Alibaba.
Read moreSunday newspaper round-up: Saudi oil output, Asos, 35-year mortgages
4th Jun 2023 15:28
(Sharecast News) - Saudi unveiled plans at the weekend to reduce its oil output by 1m barrels per day in a surprise unilateral decision. The move was to take effect from July. The decision came as Secretary of State, Anthony Blinken, was due to travel to Saudi Arabia over the following week. It also followed a meeting between members marred by disagreements, although the Russian and UAE energy ministers denied talk of any split with Saudi. OPEC+ meanwhile did agree to prolong the voluntary cuts announced in April until the end of 2024. The cartel and its allies were to meet again in November and plans might change. - The Sunday Telegraph
Read moreLiberum upgrades Asos to 'hold' after equity raise
26th May 2023 10:20
(Sharecast News) - Liberum upgraded Asos on Friday to 'hold' from 'sell', but cut the price target to 470p from 500p, as the risk of an equity raise has now materialised.
Read moreAsos raises £75m through share placing
26th May 2023 10:01
(Sharecast News) - Fast fashion retailer Asos has raised £75m from shareholders, it confirmed on Friday, as it looks to shore up its finances.
Read moreBroker tips: Darktrace, Halfords, Asos
26th May 2023 07:43
(Sharecast News) - Cybersecurity firm Darktrace tumbled on Friday after Bank of America Merrill Lynch initiated coverage of the stock with an 'underperform' rating and a "street-low" price target of 240p, which implies 18% downside potential.
Read moreBroker tips: St James's Place, Asos, Genuit
19th May 2023 14:35
(Sharecast News) - RBC Capital Markets upgraded its stance on St James's Place to 'outperform' from 'sector perform' on Friday and lifted the price target to 1,400p from 1,390p.
Read moreCiti cuts Asos price target, upgrades to 'buy'
19th May 2023 10:58
(Sharecast News) - Citi upgraded online fashion retailer Asos on Friday to 'buy' from 'neutral' as it cut its price target to 600p from 780p.
Read moreAsos shoots higher as Frasers Group ups stake
17th May 2023 11:55
(Sharecast News) - Asos shares shot higher on Wednesday after Mike Ashley's Frasers Group lifted its voting rights to 7.4% from 5.1%.
Read moreLiberum slashes Asos price target after results
10th May 2023 11:45
(Sharecast News) - Liberum slashed its price target on Asos on Wednesday to 500p from 700p after the online fashion retailer's interim results.
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