London close: Stocks slide amid big global selloff
5th Aug 2024 16:46
(Sharecast News) - London's stock markets ended sharply lower on Monday, as part of a broader global market downturn.
Read moreSector movers: Defensives gain on mixed day, investors gird for BoE, Big Tech
29th Jul 2024 16:21
(Sharecast News) - FTSE 350 stocks trade mixed at the start of the week with Defensive issues on the rise whilst geopolitics and concerns around economic growth overseas weighed on Travel and Personal Goods.
Read moreLondon close: Stocks finish mixed at start of busy week
29th Jul 2024 15:35
(Sharecast News) - London stocks closed with mixed results on Monday, reflecting a cautious market sentiment ahead of a busy week of earnings reports and crucial policy announcements from major central banks on both sides of the Atlantic.
Read moreReckitt Benckiser tumbles on litigation woes
29th Jul 2024 09:19
(Sharecast News) - Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.
Read moreLondon close: Stocks pare some losses as UK private sector expands
24th Jul 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
Read moreReckitt unveils plans to slim down portfolio
24th Jul 2024 07:35
(Sharecast News) - Consumer goods giant Reckitt said it was slimming down its portfolio to focus on core businesses and offloading several home care brands.
Read moreReckitt Benckiser sees sales hit as US warehouse knocked out by tornado
17th Jul 2024 07:04
(Sharecast News) - Multinational consumer goods group Reckitt Benckiser on Wednesday forecast a short-term hit to sales in the US after a said a key warehouse for its Mead Johnson Nutrition business was put out of action by a tornado on July 9 which caused "significant" damage.
Read moreBerenberg lowers target price on Reckitt Group
25th Apr 2024 12:47
(Sharecast News) - Analysts at Berenberg lowered their target price on household goods manufacturer Reckitt Group from 5,800.0p to 5,100.0p on Thursday, citing limited visibility going forward.
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.
Read moreReckitt on track to deliver FY targets as Q1 LFL sales rise
24th Apr 2024 07:07
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.
Read moreJefferies upgrades Reckitt Benckiser to 'hold'
23rd Apr 2024 09:54
(Sharecast News) - Jefferies upgraded Reckitt Benckiser to 'hold' from 'underperform' on Tuesday and lifted the price target to 4,400p from 4,100p.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreLondon 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 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 moreReckitt Benckiser tumbles on baby formula compensation woes
15th Mar 2024 13:14
(Sharecast News) - Reckitt Benckiser tumbled on Friday amid concerns about baby formula compensation.
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