Close Bros loan book flat in 'difficult' UK environment
22nd Jan 2020 08:59
(Sharecast News) - UK merchant bank Close Brothers said its loan book was broadly flat due to a "difficult" domestic economic environment.
Read moreDirector dealings: Close Brothers CEO lowers stake
25th Nov 2019 16:13
(Sharecast News) - Close Brothers revealed on Monday that chief executive Preben Prebensen had sold 150,000 ordinary shares in the FTSE 250-listed merchant banking group.
Read moreClose Brothers sees lower activity levels in Q1
21st Nov 2019 09:09
(Sharecast News) - Merchant bank Close Brothers said on Thursday that trading in the first quarter reflected lower activity levels across its markets.
Read moreFTSE 250 movers: Dunelm dives, CYBG climbs
10th Oct 2019 14:26
(Sharecast News) - London's FTSE 250 was down by 0.29% at 19,115.38 in afternoon trade on Thursday with Dunelm leading the index lower.
Read moreTuesday broker round up
24th Sep 2019 12:56
(Sharecast News) - TUI: UBS upgrades to neutral with a target price of 900p.
Read moreClose Brothers profit drops; CEO to leave
24th Sep 2019 08:26
(Sharecast News) - FTSE 250 merchant bank Close Brothers reported a drop in full-year profit on Tuesday, with a solid performance from the banking division offset by weaker trading in its securities arm, as it announced the departure of chief executive Preben Prebensen.
Read moreWednesday broker round-up
22nd May 2019 13:29
(Sharecast News) - Moneysupermarket Group: UBS upgrades to buy with a target price of 415p.
Read moreClose Bros hails 'solid' Q3, upbeat over full year
22nd May 2019 08:10
(Sharecast News) - Merchanting banking group Close Brothers said on Wednesday that it had delivered a "solid" third-quarter performance as it expressed confidence over the full year.
Read moreLittle upside to current Close Brothers valuation, says RBC Capital
23rd Apr 2019 13:18
(Sharecast News) - RBC Capital Markets initiated coverage of Close Brothers with a 'sector perform' rating and 1,500p price target on Tuesday, highlighting little upside at the current valuation.
Read moreTuesday broker round-up
23rd Apr 2019 12:19
(Sharecast News) - Smurfit Kappa: Goldman Sachs downgrades to sell with a target price of 2,475p.
Read moreClose Brothers finds it 'difficult' in first half
12th Mar 2019 07:35
(Sharecast News) - Merchant banking outfit Close Brothers saw profits slide in the first half of its trading year, partly due to market conditions it called "difficult" for its asset management and brokerage unit.
Read moreClose Brothers' securities arm hit by volatile equity markets
22nd Jan 2019 07:42
(Sharecast News) - FTSE 250 merchant bank Close Brothers said on Tuesday that its performance over the five months to 31 December 2018 was solid overall, but volumes and trading income at its securities arm, Winterflood, were hit by volatile equity markets.
Read moreElizabeth Lee stepping down as Close Brothers head of legal
19th Oct 2018 08:28
(Sharecast News) - Close Brothers Group announced on Friday that Elizabeth Lee, its group head of legal and regulatory affairs, would be retiring from her position as an executive director of the group at the end of the 2019 financial year.
Read moreFriday broker round-up
28th Sep 2018 11:28
(Sharecast News) - Huntsworth: Berenberg reiterates buy with a target price of 150p.
Read moreClose Brothers sees good growth in preliminary results
25th Sep 2018 07:20
(Sharecast News) - Close Brothers reported a "good performance" for the year ended 31 July in its preliminary results on Tuesday, with a 4% increase in adjusted operating profit to £278.6m.
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