London close: Stocks slip as US core inflation tops forecasts
28th Mar 2025 14:40
(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.
Read moreWH Smith sells high street stores to Modella Capital for £76m
28th Mar 2025 07:03
(Sharecast News) - WH Smith has sold its UK high street business to Modella Capital for an enterprise value of £76m on a cash and debt-free basis in a deal that will see the chain rebranded as TGJones.
Read moreWH Smith set to pick buyer of high street chain - report
27th Mar 2025 13:22
(Sharecast News) - WH Smith will reportedly decide the fate of its high street chain within days, as it holds final discussions with the two remaining bidders for the business.
Read moreWH Smith completes refinancing
25th Mar 2025 08:05
(Sharecast News) - WH Smith said it had completed a £200m issue of US private placement notes and a bank term loan of £120m.
Read moreBerenberg reiterates 'buy' rating on WH Smith
3rd Mar 2025 11:08
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 1,600.0p target price on retailer WH Smith on Monday as it said the group's potential high street exit looked "sensible".
Read moreLondon close: Stocks mixed ahead of US Fed decision
29th Jan 2025 15:22
(Sharecast News) - London's financial markets finished in a mixed state on Wednesday, as investors looked to the latest policy announcement from the US Federal Reserve and awaited key earnings reports from major American technology firms.
Read moreWH Smith hails strong momentum in travel business as revenues rise
29th Jan 2025 07:21
(Sharecast News) - WH Smith posted a 4% jump in revenue for the 21 weeks to 25 January on Wednesday as it hailed strong momentum in the travel business, while high street sales fell as expected.
Read moreLondon close: Stocks mixed as investors look to Fed
27th Jan 2025 15:48
(Sharecast News) - London stocks ended Monday with a mixed performance as investors braced for a week dominated by key interest rate decisions and major corporate earnings.
Read moreHigh street sale would remove a reason not to buy WH Smith shares, says RBC
27th Jan 2025 14:57
(Sharecast News) - A potential sale of WH Smith's high street business would remove a reason not to buy the shares and make it a more attractive "pure-play", RBC Capital Markets said in a note on Monday.
Read moreLondon midday: Stocks stay down after weak China data
27th Jan 2025 10:18
(Sharecast News) - London stocks remained in negative territory by midday on Monday as investors turned their attention to a pivotal week featuring interest rate decisions from the US Federal Reserve and the European Central Bank, alongside earnings reports from several major US technology companies.
Read moreWH Smith confirms it is looking to sell high street stores
27th Jan 2025 07:04
(Sharecast News) - WH Smith confirmed it was looking at potential strategic options for its high street stores, including a possible sale of the "profitable and cash-generative" unit after media speculation over the weekend.
Read moreLondon close: Stocks rise as dip buyers enter the fray
14th Nov 2024 15:50
(Sharecast News) - London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.
Read moreWH Smith hails strong UK travel performance as FY profits rise
14th Nov 2024 07:18
(Sharecast News) - WH Smith reported a jump in full-year profit and revenue on Thursday as it hailed a particularly strong performance from the UK travel business and over the summer.
Read moreLondon close: Stocks slip as US CPI slows, UK GDP stagnates
11th Sep 2024 16:51
(Sharecast News) - London's stock markets closed weaker on Wednesday, reflecting caution among investors following weaker-than-expected inflation data from the US and economic stagnation in the UK.
Read moreStrong fourth quarter boosts WH Smith
11th Sep 2024 08:46
(Sharecast News) - WH Smith reiterated its full-year outlook and unveiled a £50m share buyback on Wednesday, sending shares soaring in early trading, after a buoyant fourth quarter.
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