London close: Stocks fall as US inflation pressures ease

28th Jun 2024 17:23

(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.

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Quanex makes increased final offer for Tyman

28th Jun 2024 07:19

(Sharecast News) - Quanex Building Products has announced a revised and final proposal for its acquisition of Tyman, increasing the cash component of the deal.

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Revenue slips further amid tough market for Tyman

16th May 2024 09:02

(Sharecast News) - Window and door components supplier Tyman reported a 5% decrease in group revenue for the period from 1 January to 30 April on Thursday, to £205m, reflecting a 4% decline on a like-for-like basis.

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London close: Stocks rise as US payrolls come in weaker

3rd May 2024 16:52

(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.

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London close: Stocks jump on weaker sterling, easing geopolitics

22nd Apr 2024 14:54

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

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Quanex to buy Tyman in £788m deal

22nd Apr 2024 07:04

(Sharecast News) - Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.

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London close: Stocks finish firmer as US jobless claims rise

7th Mar 2024 15:29

(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.

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Tyman sees 'challenging' markets as profits fall 19%

7th Mar 2024 08:19

(Sharecast News) - Door and window parts maker Tyman said it expected a "challenging" market outlook this year as the building sector continued to struggle amid high interest rates and inflation, reflected in a 19% fall in 2023 profits.

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Tyman appoints Rutger Helbing as CEO

27th Nov 2023 07:44

(Sharecast News) - Tyman said on Monday that it has appointed Rutger Helbing as chief executive officer with effect from 2 January 2024.

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Tyman trades in line despite 'continued challenging market conditions'

16th Nov 2023 09:30

(Sharecast News) - Building products manufacturer Tyman said on Thursday that full-year adjusted operating profits would be in line with market expectations, despite experiencing "continued challenging market conditions" year-to-date.

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Tyman trades in line despite 'continued challenging market conditions'

16th Nov 2023 09:30

(Sharecast News) - Building products manufacturer Tyman said on Thursday that full-year adjusted operating profits would be in line with market expectations, despite experiencing "continued challenging market conditions" year-to-date.

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Berenberg ups Tyman to 'buy', says stock is cheap

26th Jul 2023 13:53

(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.

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Broker tips: Tyman, AO World

26th Jul 2023 07:56

(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.

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Tyman sees FY results at top end despite profit fall

25th Jul 2023 07:39

(Sharecast News) - Windows and doors components maker Tyman on Tuesday said it expected full-year adjusted operating profit at top end of market expectations despite a fall in interim profits driven by a "significant" reduction in volumes.

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Tyman to buy US-based Lawrence for up to $69.5m

12th Jul 2023 17:08

(Sharecast News) - Tyman said on Wednesday that it has agreed to buy US-based Lawrence, a designer, manufacturer and retailer of high-performance composite hardware for sliding and hung windows, for up to $69.5m.

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