Close Brothers CEO Sainsbury takes temporary medical leave
16th Sep 2024 07:16
(Sharecast News) - Close Brothers said on Monday that chief executive Adrian Sainsbury has taken a temporary medical leave of absence from the business.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
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 Close Brothers to 'outperform', shares surge
29th Aug 2024 10:03
(Sharecast News) - Close Brothers surged on Thursday as RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' and hiked the price target to 620p from 375p, citing a number of potential catalysts.
Read moreLondon close: Stocks mixed after barrage of corporate updates
30th Jul 2024 15:32
(Sharecast News) - London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreDeutsche Bank starts Close Brothers at 'buy', shares surge
5th Jul 2024 08:30
(Sharecast News) - Deutsche Bank initiated coverage of Close Brothers on Friday with a 'buy' rating and 610p price target as it said the overhang on the shares has opened "considerable value".
Read moreClose Brothers warns of higher full-year costs
22nd May 2024 08:51
(Sharecast News) - Close Brothers Group reported a steady performance across its divisions in the third quarter on Wednesday, but warned of higher costs for the rest of the financial year.
Read moreLondon close: Stocks finish higher as US inflation tops forecasts
10th Apr 2024 15:00
(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.
Read moreDirectors dealings: Close Brothers Group non-exec picks up some shares
22nd Mar 2024 14:57
(Sharecast News) - Sally Williams, a non-executive director at Close Brothers Group, picked up some shares in the UK merchant banking group.
Read moreLondon close: Stocks mixed ahead of Fed, BoE decisions
20th Mar 2024 16:53
(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.
Read moreBerenberg lifts Close Brothers target as regulatory risks reduce
20th Mar 2024 09:31
(Sharecast News) - Shares in Close Brothers Group continued to surge on Wednesday after the merchant bank's first-half results in which the company eased investors' concerns about an upcoming regulatory probe, with Berenberg providing an extra boost after lifting its target price for the stock.
Read moreLondon close: Stocks mixed as Japan ends negative rate policy
19th Mar 2024 16:23
(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.
Read moreClose Brothers shares surge on £400m capital plan
19th Mar 2024 07:58
(Sharecast News) - Merchant banking group Close Brothers saw shares surge on Tuesday after it announced a raft of measures - including the suspension of dividends - to strengthen its capital position as it prepares for the conclusion of a regulatory probe into motor finance.
Read moreTuesday preview: Bank of Japan, Close Brothers's Group in focus
18th Mar 2024 17:27
(Sharecast News) - All eyes will be on the Bank of Japan with some traders banking on an end to its policy of negative interest rates and yield curve control.
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