New B&M CEO Jegen picks up more than half a million pounds worth of shares
17th Jun 2025 10:09
(Sharecast News) - B&M European Value Retail sparked on Tuesday after the discount retailer's new chief executive picked up more than half a million pounds worth of shares.
Read moreJPMorgan cuts B&M price target, reiterates 'underweight'
5th Jun 2025 09:06
(Sharecast News) - JPMorgan Cazenove cut its price target on B&M European Value Retail on Thursday to 281p from 299p as it reiterated its 'underweight' rating on the shares.
Read moreLondon close: Stocks higher on service data, tariff reprieve
4th Jun 2025 18:04
(Sharecast News) - London equities closed modestly higher on Wednesday, supported by a rebound in the UK services sector and relief that the country avoided increased US tariffs on steel and aluminium.
Read moreB&M shares tank on flat profit outlook amid challenging trade
4th Jun 2025 07:05
(Sharecast News) - Shares in B&M Value tanked by 10% on Wednesday as the discount retailer said profits this year would be flat, according to consensus estimates, adding that 2025 earnings had been hit by poor wage rises for low-paid workers.
Read moreB&M appoints Tjeerd Jegen as CEO
15th May 2025 07:02
(Sharecast News) - Discount retailer B&M on Thursday said it had appointed Tjeerd Jegen as chief executive.
Read moreB&M CEO steps down, search for successor continues
30th Apr 2025 08:57
(Sharecast News) - Variety store B&M European Value Retail said on Wednesday that Alex Russo will step down as chief executive, effective immediately.
Read moreLondon close: Stocks rise on hopes of UK-US trade deal
15th Apr 2025 14:51
(Sharecast News) - London stocks finished higher on Tuesday, lifted by renewed optimism over trade prospects and a measured response to UK labour market data.
Read moreB&M profits above guidance mid-point after solid Q4
15th Apr 2025 07:18
(Sharecast News) - Discount retailer B&M has said that adjusted operating profits should be above the mid-point of its guidance range for the year ended 29 March on the back of productivity gains and a pick-up in underlying sales growth in the fourth quarter.
Read moreTuesday preview: UK employment, B&M European Retail in focus
14th Apr 2025 19:44
(Sharecast News) - Investors' focus on Tuesday will be on the latest UK employment data.
Read moreBerenberg lowers target price on B&M
14th Apr 2025 13:55
(Sharecast News) - Analysts at Berenberg lowered their target price on discount retailer B&M from 630.0p to 590.0p on Monday as it noted a number of near-term catalysts lay ahead.
Read moreLondon close: Stocks slip as US core inflation tops forecasts
28th Mar 2025 14:40
(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.
Read moreCiti reiterates 'buy' on B&M, says de-rating overdone
28th Mar 2025 09:42
(Sharecast News) - Citi reiterated its 'buy' rating on B&M European Value Retail on Friday as it said the stock's de-rating was overdone.
Read moreSunday newspaper round-up: ITV, Tax, B & M
16th Mar 2025 13:35
(Sharecast News) - ITV and All3Media's continue to forge ahead with their plans to create a £3bn British TV production giant. Ultimately, their idea is that the new venture will list on the London Stock Exchange. Although a deal remains far from certain, talks are understood to have reached a very detailed level. ITV's broadcast and streaming business would keep their own share quote, while ITV Studios was merged with All3. - The Financial Mail on Sunday
Read moreCanaccord Genuity lowers target price on B&M following CEO's exit
25th Feb 2025 10:02
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on discount retailer B&M from 545.0p to 495.0p on Tuesday following the surprise announcement of chief executive Alex Russo's departure and a further moderation to FY25 guidance.
Read moreLondon close: Stocks turn lower, Chemring and Wood Group surge
24th Feb 2025 15:22
(Sharecast News) - London stocks ended slightly lower on Monday as investors assessed the outcome of Germany's national election and market movements driven by corporate activity.
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