London close: Stocks slip ahead of central bank decisions
18th Mar 2024 15:33
(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Read moreCurrys lifts FY guidance as trading improves
18th Mar 2024 07:04
(Sharecast News) - UK electrical retailer Currys lifted guidance as it reported stronger-than-expected sales since the busy Christmas period.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreCurrys tanks as China's JD.com says it won't make an offer
15th Mar 2024 14:04
(Sharecast News) - Currys slumped on Friday as it said Chinese ecommerce giant JD.com does not plan to make an offer for the London-listed electricals retailer.
Read moreLondon close: Stocks mixed as investors look to US inflation data
11th Mar 2024 14:48
(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.
Read moreElliott pulls from Currys takeover talks
11th Mar 2024 07:03
(Sharecast News) - Shares in Currys slumped on Monday as US private equity firm Elliott Advisors pulled from the race to take over the UK electrical retailer after "multiple attempts" to discuss an offer were rebuffed.
Read moreLondon close: Stocks mixed as US payrolls paint varied picture
8th Mar 2024 15:02
(Sharecast News) - London markets ended the trading session on a mixed note on Friday, as investors digested a faster-than-expected rise in non-farm payrolls in the US.
Read moreCurrys gets green light for sale of Greek business
8th Mar 2024 07:02
(Sharecast News) - Currys said regulators had approved the sale of its Greek and Cypriot retail business Kotsovolos to Public Power Corporation for an enterprise value of €200m (£175m).
Read moreJO Hambro fund urges Currys to accept £1bn takeover valuation
5th Mar 2024 14:24
(Sharecast News) - A shareholder of Currys was urging the company to seriously consider a takeover bid valuing the electricals retailer at over £1bn, it emerged on Tuesday.
Read moreLondon close: Stocks little changed as investors look to US data
27th Feb 2024 16:05
(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.
Read moreElliott Advisors said to have sweetened offer for Currys to £750m
27th Feb 2024 11:42
(Sharecast News) - Currys confirmed on Tuesday that it had received and rejected a sweetened takeover approach from US investment firm Elliott Advisors.
Read moreElliott Advisors said to have sweetened offer for Currys to £750m
27th Feb 2024 11:42
(Sharecast News) - Investment firm Elliott Advisors has reportedly returned with a second offer for electricals retailer Currys amid investor hopes of a rare bidding war for a London-listed company.
Read moreLondon close: Stocks manage gains on globally quiet day
19th Feb 2024 15:59
(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.
Read moreElliott confirms bid approach for UK retailer Currys
19th Feb 2024 07:02
(Sharecast News) - Shares in Currys surged more than 35% on Monday after US private equity firm Elliott Advisors and China ecommerce giant JD.com on Monday confirmed they were considering separate bids for struggling British electrical retailer.
Read moreSunday newspaper round-up: Currys, Barclays, Homebuilders
18th Feb 2024 23:26
(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph
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