Johnson Matthey hits back as activist investor ups pressure

8th Jan 2025 10:31

(Sharecast News) - Johnson Matthey insisted on Wednesday it remained "resolute" in its bid to improve shareholder value, as it responded to mounting pressure from US activist Standard Investments.

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London close: Stocks weaker ahead of key central bank decisions

16th Dec 2024 15:35

(Sharecast News) - London stocks ended lower on Monday as investors adopted a cautious stance ahead of a week filled with major central bank policy decisions.

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Standard Investments calls for strategic review of Johnson Matthey

16th Dec 2024 07:19

(Sharecast News) - Johnson Matthey's largest shareholder has called for a strategic review into the chemicals firm that could result in the sale of "part or all" of the group.

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Berenberg lowers target price on Johnson Matthey

29th Nov 2024 10:08

(Sharecast News) - Analysts at Berenberg lowered their target price on diversified chemicals Johnson Matthey from 1,650.0p to 1,500.0p on Friday following the group's H125 results.

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Director dealings: Johnson Matthey CEO snaps up shares

28th Nov 2024 14:53

(Sharecast News) - Johnson Matthey revealed on Thursday that chief executive Liam Condon had acquired 10,000 ordinary shares in the FTSE 250-listed firm.

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London close: Stocks still positive after US inflation reading

27th Nov 2024 15:06

(Sharecast News) - London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October.

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'Challenging' conditions hit earnings at Johnson Matthey

27th Nov 2024 07:40

(Sharecast News) - Johnson Matthey posted a drop in sales and profits on Wednesday, weighed down by the "challenging" macroeconomic backdrop.

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Berenberg lowers target price on Johnson Matthey

3rd Oct 2024 08:56

(Sharecast News) - Analysts at Berenberg lowered their target on chemicals firm Johnson Matthey from 1,800.0p to 1,650.0p on Thursday but acknowledged management has avoided missteps and "righted the ship" following the announcement of the company's exit from battery materials.

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Johnson Matthey CFO to join Croda

1st Jul 2024 07:03

(Sharecast News) - Croda International on Monday said it had appointed Johnson Matthey chief financial officer Stephen Oxley to the same role at the chemicals company.

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London close: Stocks slip on UK election, US jobless claims

23rd May 2024 16:46

(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.

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Johnson Matthey profit hit by lower PGM prices

23rd May 2024 07:55

(Sharecast News) - Johnson Matthey posted a fall in full-year underlying profit on Thursday as it was hit by lower metals prices.

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Berenberg hikes target price on Johnson Matthey

9th Apr 2024 09:51

(Sharecast News) - Analysts at Berenberg raised their target price on diversified chemicals business Johnson Matthey from 1,650.0p to 1,800.0p on Tuesday but said the performance of its shares will likely depend on three factors.

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London 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.

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Johnson Matthey sells medical parts unit for $700m

20th Mar 2024 07:08

(Sharecast News) - Johnson Matthey is selling its medical device components business to Montagu Private Equity for $700m (£550m), the company said on Wednesday.

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Director dealings: Johnson Matthey CEO makes share purchase

6th Dec 2023 16:30

(Sharecast News) - Johnson Matthey revealed on Wednesday that chief executive Liam Condon had acquired 15,000 ordinary shares in the FTSE 250-listed speciality chemicals firm.

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