London close: Stocks mixed after US, Europe inflation data
30th Nov 2023 15:16
(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read moreLondon close: Stocks slip after mountain of broker notes
28th Nov 2023 15:30
(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.
Read moreLondon close: Stocks sink after three days of gains
16th Nov 2023 15:45
(Sharecast News) - London markets ended in negative territory on Thursday, reversing a three-day winning streak.
Read moreJP Morgan sees no upside at B&M after 'unexciting' first half
16th Nov 2023 10:53
(Sharecast News) - JP Morgan has reiterated an 'underweight' rating and 550p target price for discount retailer B&M European Retail after an "unexciting" set of first-half results last week.
Read moreLondon close: Stocks gain as investors await Powell speech
9th Nov 2023 15:02
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read moreLondon close: Retail stocks rise on mixed day for markets
8th Nov 2023 14:59
(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
Read morePoundland set to buy 71 Wilko locations
12th Sep 2023 15:47
(Sharecast News) - Another 71 Wilko stores were set to change nameplates, it emerged on Tuesday afternoon, as Poundland stepped in to acquire the locations.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
Read moreShore Capital upgrades B&M to 'buy' on Wilko deal
6th Sep 2023 09:39
(Sharecast News) - Shore Capital upgraded B&M European Value Retail on Wednesday to 'buy' from 'hold' and lifted the fair value to 640p from 560p on news that the discount retailer will buy up to 51 Wilko stores for £13m.
Read moreBroker tips: B&M, Tesco, Lancashire
5th Sep 2023 15:32
(Sharecast News) - JP Morgan cut its performance rating for UK-listed stocks B&M and Tesco as part of its downgrade of the whole European food retail sector.
Read moreLondon close: Stocks fall on back of weak services data
5th Sep 2023 15:22
(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.
Read moreB&M snaps up 51 Wilko stores for £13m
5th Sep 2023 09:46
(Sharecast News) - Discount retail chain B&M is to buy "up to" 51 stores from collapsed rival Wilko, which fell into administration last month.
Read moreJP Morgan downgrades B&M and Tesco on deflation risks
5th Sep 2023 07:51
(Sharecast News) - JP Morgan has cut its performance rating for UK-listed stocks B&M and Tesco as part of its downgrade of the whole European food retail sector.
Read moreDiscount retailers ABF and B&M to 'outperform', says RBC
21st Aug 2023 07:35
(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.
Read moreLondon midday: Stocks slip as core inflation stays high
16th Aug 2023 11:23
(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
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