London close: Stocks higher ahead of UK jobs, inflation data
14th Oct 2024 15:06
(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.
Read moreJPMorgan upgrades Bunzl to 'overweight'
14th Oct 2024 07:40
(Sharecast News) - JPMorgan Cazenove upgraded Bunzl on Monday to 'overweight' from 'neutral' and lifted the price target to 3,980p from 3,660p as it increased its medium-term underlying margin assumptions to reflect greater confidence in a positive trajectory.
Read moreSunday newspaper round-up: Abercrombie & Kent, Bunzl, John Lewis
1st Sep 2024 12:14
(Sharecast News) - Abercrombie & Kent, based in Cheltenham, has started talks with bankers regarding an initial public offering in 18 to 24 months' time. The luxury travel agency's boss, Cristina Levis, thinks the flotation will help the outfit become the LVMH of luxury experiential travel. The company, however, is looking at pursuing a possible listing in New York instead of London. Luxury travel has continued to increase since the pandemic with dramatic growth in demand for destinations such as the Nordics or Japan. In 2022, the company racked up sales of $528m (£402m). - The Sunday Telegraph
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreRBC Capital upgrades Bunzl to 'sector perform'
29th Aug 2024 07:17
(Sharecast News) - RBC Capital Markets upgraded Bunzl on Thursday to 'sector perform' from 'underperform' and lifted the price target to 3,350 from 2,700p as revenue headwinds ease.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreJefferies keeps 'underperform' rating on Bunzl despite strong H1
27th Aug 2024 10:56
(Sharecast News) - Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
Read moreBunzl shares jump on upgraded outlook, share buyback launch
27th Aug 2024 07:18
(Sharecast News) - Bunzl shares were surging on Tuesday morning after it upgraded its full-year guidance and launched a share buyback programme, even after first-half revenue slipped 3.3% to £5.71bn.
Read moreBunzl buys two more distribution firms
11th Jul 2024 07:03
(Sharecast News) - Specialist international distribution and services group Bunzl on Thursday said it had added two more companies to its ever-expanding portfolio.
Read moreLondon close: Stocks rise as UK election enters final hours
4th Jul 2024 15:41
(Sharecast News) - London stocks remained in the green by the close on Thursday, buoyed by optimistic market sentiment as UK voters headed to the polls amid widespread expectation of a Labour party victory.
Read moreLondon close: Stocks mixed ahead of key UK, US data
27th Jun 2024 15:48
(Sharecast News) - London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.
Read moreBunzl upgrades full-year profit guidance
27th Jun 2024 07:17
(Sharecast News) - Bunzl upgraded its profit guidance for the year on Thursday, citing improved margin performance and successful acquisitions.
Read moreBunzl Nisbets purchase cleared by Ireland regulator
28th May 2024 07:02
(Sharecast News) - Bunzl's £339m takeover of UK-based catering equipment provider Nisbets has been cleared by Ireland's competition regulator, the company said on Tuesday.
Read moreLondon close: Stocks mixed as ex-divs drag on FTSE
16th May 2024 16:53
(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.
Read moreLondon close: Stocks finish weaker after earlier gains
24th Apr 2024 15:09
(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.
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