Sunday newspaper round-up: Twitter, M&S, TalkTalk
17th Apr 2022 17:10
(Sharecast News) - Elon Musk has begun discussions with possible partners for a bid on Twitter after the iconic social media outfit put in place a so-called 'poison pill' in an attempt to thwart a mooted £33bn takeover. That stratagem was preceded by Twitter's rejection of an offer from Musk last Friday worth $54.20 a share. The pill would be activated should Musk take his own stake over the 15% threshold. - Sunday Times
Read moreTHG names Charles Allen as chairman
22nd Mar 2022 08:47
(Sharecast News) - British retailer The Hut Group has tapped Charles Allen to take over as independent non-executive chairman, with immediate effect.
Read moreTelegraph forced to apologise over THG allegations
10th Mar 2022 12:14
(Sharecast News) - The Telegraph has been forced to apologise after alleging that skincare company Dermalogica was among brands that had been restricting the flow of stock to ecommerce group THG on concerns it was discounting too aggressively to hit sales targets.
Read moreTHG says Dermalogica not restricting stock supply
22nd Feb 2022 07:53
(Sharecast News) - THG said on Tuesday that skincare brand Dermalogica has not restricted supplies to the e-commerce group's beauty business.
Read morePrivate equity firms said to be circling THG, shares surge
4th Feb 2022 15:46
(Sharecast News) - THG shares surged on Friday afternoon following a report that private equity firms Advent International, Leonard Green Partners and Apollo were circling the e-commerce company.
Read moreRBC Capital ups rating on THG to 'outperform'
25th Jan 2022 12:12
(Sharecast News) - RBC Capital Markets upgraded THG on Tuesday, arguing that it saw "fundamental value" in the shares.
Read moreLiberum cuts THG price target but reiterates 'buy'
18th Jan 2022 09:54
(Sharecast News) - Liberum cuts its price target on THG on Tuesday to 700p from 750p after the online retailer warned that its profit margins for the year will miss analysts' forecasts and revenue growth will slow.
Read moreTHG warns over FY profit margins, shares slide
18th Jan 2022 09:10
(Sharecast News) - THG was under the cosh on Tuesday after the online retailer warned that its profit margins for the year will miss analysts' forecasts and revenue growth will slow.
Read moreTHG rallies as The Analyst withdraws short recommendation
20th Dec 2021 10:22
(Sharecast News) - THG shares rallied on Monday, bucking the overall trend, after The Sunday Times reported that research firm The Analyst had withdrawn its short recommendation on the stock.
Read moreBarclays downgrades Boohoo on profit warning
17th Dec 2021 07:48
(Sharecast News) - Barclays has cut its rating on Boohoo Group after the fast-fashion retailer surprised with a profits warning.
Read moreNumis said to have referred itself to FCA over THG note
17th Nov 2021 17:01
(Sharecast News) - Investment bank Numis has reportedly referred itself to the Financial Conduct Authority after an employee circulated a bearish note to institutional clients last week accusing online beauty and nutrition retailer THG of "a lack of clarity" and casting doubt over its Ingenuity division.
Read moreSunday newspaper round-up: IAG, The Hut Group, Nvidia
14th Nov 2021 17:10
(Sharecast News) - A cash call would be the quickest way for IAG to tackle its €12.3bn of debt and begin paying a dividend again, HSBC aviation analyst Andrew Lobbenberg said. If not, then the carrier would have to resort to its cash flows. Any decision on a rights issue would likely be taken by the company's new bos, Nicholas Cadbury, when he started early the following year. Lobbenberg had already said in September that plans to raise cash for IAG might follow positive news such as the reopening of travel to the US. - Financial Mail on Sunday
Read moreTHG CEO Moulding suggests he could take business private again
8th Nov 2021 11:20
(Sharecast News) - THG shares rallied on Monday after chief executive officer Matt Moulding appeared to suggest he could take the company private.
Read moreDirector dealings: THG director ups stake
5th Nov 2021 14:10
(Sharecast News) - The Hut Group revealed on Friday that senior independent director Zillah Byng-Thorne had acquired 32,291 ordinary shares in the London-listed e-commerce company.
Read moreBlackRock preparing to sell 58m THG shares
2nd Nov 2021 08:15
(Sharecast News) - BlackRock is reportedly preparing to sell nearly half of its stake in THG, sending shares in the e-commerce business sliding.
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