DS Smith to sell two packaging firms to Intl Paper for €63m
17th Apr 2019 07:23
(Sharecast News) - DS Smith said it had reached agreement for the proposed sale of two packaging businesses in North Western France and Portugal to International Paper €63m (£54m).
Read moreMonday broker round-up
25th Mar 2019 08:26
(Sharecast News) - Wood Group: Jefferies downgrades to underperform with a target price of 480p.
Read moreDS Smith to sell plastics division, says trading remains 'strong'
6th Mar 2019 07:14
(Sharecast News) - DS Smith said on Wednesday that trading since 1 November has continued to be strong and in line with its expectations, as it announced the sale of its plastics division to Olympus Partners for an enterprise value of $585m (around £450m).
Read moreBerenberg plucks winners from shift in consumer habits
15th Feb 2019 11:41
(Sharecast News) - As part of a cross-sector report on Friday, Berenberg highlighted the big shift in consumer demanded for purchased items to come to them, something analysts believe will put several UK mid-cap outfits in a position to take advantage of emerging structural trends.
Read moreDS Smith de-rating 'overdone', says JPM Cazenove
29th Jan 2019 14:34
(Sharecast News) - DS Smith shares have underperformed peers over the past 12 months and after the paper and packaging maker completed its European acquisition, JPMorgan Cazenove believes the de-rating has been "overdone".
Read moreTuesday broker round-up
29th Jan 2019 13:10
(Sharecast News) - CVS: Berenberg downgrades to hold with a target price of 550p.
Read moreDS Smith acquires remaining 1pc of Europac
25th Jan 2019 08:00
(Sharecast News) - DS Smith announced on Friday that the conditions for it purchasing the remaining shares of Europac on a compulsory basis had now been met.
Read moreFTSE 100 movers: Morrisons slumps; Melrose boosted by broker note
8th Jan 2019 15:10
(Sharecast News) - London's FTSE 100 was up 1.1% to 6,882.80 in afternoon trade on Tuesday, buoyed by optimism over Sino-US trade talks.
Read moreSector movers: Oil services and packaging makers lead rise
4th Jan 2019 15:22
(Sharecast News) - Oil-related and mining companies were again leading the charge in London on Friday, while supermarkets were one of the few sectors in the red.
Read moreDS Smith plans sale of plastics arm as interim profits rise
6th Dec 2018 07:14
(Sharecast News) - Packaging company DS Smith grew profits 27% in the first half of the year and said it was exploring the potential sale of its plastics division.
Read moreThursday preview: Barrage of US data, Parliament and OPEC+ all ahead
5th Dec 2018 13:46
(Sharecast News) - Investors on both sides of the Atlantic will struggle to digest the heavy flow of economic reports that are set for release on Thursday.
Read moreSector movers: Damaged packages, telecoms called up
10th Oct 2018 14:42
(Sharecast News) - Telecoms stocks were ringing up gains on Wednesday, while packaging companies were dented.
Read moreTuesday broker round-up
25th Sep 2018 12:57
(Sharecast News) - Wetherspoons: Peel Hunt downgrades to hold with a target price of 1,325p.
Read moreDS Smith 'excited' as it continues to expand
4th Sep 2018 07:28
(Sharecast News) - DS Smith updated the market on its trading for the period since 1 May on Tuesday, saying it continued to be "excited" by its prospects.
Read moreSector movers: Market chatter stocks gains in Wood Group, Paper Packaging
22nd Aug 2018 13:25
(Sharecast News) - Cyclicals are pacing gains on a quiet day of summer trading on Wednesday, with analyst chatter dictating market moves, with what traders are left about in the City for the most part opting to sit on their hands ahead of tomorrow's expected conclusion, for now, of two days of trade talks between China and the US, even as they mull over the potential implications of the political storm unfolding over Capitol Hill.
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