Risers and fallers, including Xcite Energy and TechFinancials
Xcite Energy saw its share price plummet after it announced a debt-for-equity swap that would dilute the interests of current shareholders
Company
Associated British Foods PLC
LON:ABF
Associated British Foods is a diversified international food, ingredients and retail group with sales of £10.2 billion and 97,000 employees in 44 countries.
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Plunging pound boosts profits at Associated British Foods
Retailer and food producer says annual earnings per share would be slightly ahead of those a year ago
Investments and investor services
London shares close lower as Fed Lockhart comments boost US rate hike risk
London shares ended lower on Monday after comments from Fed official Dennis Lockhart added to the chorus of central bankers calling US rates higher next week
PREVIEW: Primark in focus as investors await Associated British Foods Plc trading update
Monday’s update will fill the gaps for the whole year, ending September 10, following July’s statement covering the 40 weeks to June 18 (with the odd date cut-offs tailored to Primark, the clothing retail subsidiary).
Next and Associated British Foods in vogue with Goldman
Broker upgrades Next and Primark owner ABF to 'neutral' from 'sell'
Archive
Petrofac at an inflection point, says Barclays
A look at some of the major broker upgrades and downgrades on the day
Archive
ABF not just about Primark, says Deutsche
A look at some broker moves - upgrades and downgrades - on August 1
Archive
Potential for Primark in US, says Investec, which repeats 'buy' on ABF
South African bank Investec repeats a 'buy' rating and targets 3,750p on ABF
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Numis hands big upgrade to Melrose PLC after Nortek buy
A look at some early broker ratings on Thursday morning
Builders and building materials
London stocks gain after buoyant UK data
London’s FTSE100 closed higher on Thursday after a session spent in positive territory from the very beginning, thanks to a clutch of measuredly positive UK data
Investments and investor services
Upbeat economic news buoys FTSE 100 Index
Housebuilders drove the Footsie 73.14 points higher to 6536.73 as house prices surprised on the upside
TRENDING: The power of Primark
It's an ill wind and all that ... AB Foods said that thanks to sterling's collapse, it no longer expects a decline in adjusted EPS this year
Associated British Foods benefits from plunging pound
Shares in the Primark owner rose 141p, or 5.5%, to 2694p in early trading
Investments and investor services
Housebuilders drive FTSE 100 Index higher
Housebuilders were in the money after Halifax reported higher property prices in June
Preview: M&S and Sports Direct to test investors' patience
Investors in Marks & Spencer PLC (LON:MKS) will hope for news of a long-awaited upturn in the retailer’s clothing business when it updates on trading on Thursday.
Week Ahead: Housebuilders and retailers to face referendum grilling
Reports have suggested the EU referendum result is likely to depress house prices
London stocks edge higher ahead of EU Referendum Judgement Day
London’s stocks edged higher on Wednesday after a see-saw session one day ahead of polling in a historic referendum on the country’s future relations with the European Union
FTSE 100 advances in face of EU referendum uncertainty
Remain held in a narrow lead in the polls, but Brexit risk remains.
Associated British Foods boosts profits but currencies weigh
ABF said adjusted pre-tax profit in the 24 weeks to February 27 rose 4% to £466mln
PREVIEW: Utilitywise and big miners
A summary of today's major corporate announcements in the UK
Week Ahead: Cash collection in focus at Utilitywise
Utilitwise is keen to align supplier commercial terms to improve cash conversion
Ascent Resources Plc soars amid possible takeover, Small Caps broadly edge up
Ascent Resources topped the small cap leader boards amid confirmation of a possible merger with Ukraine focussed Cadogan Petroleum.
Investments and investor services
Petrofac downgraded as Citi sees ‘anaemic’ contract outlook
Petrofac, Soco International, Associated British Food, Cobham, Barclays, and Vesuvius are all in Friday’s broker spotlight.
Archive
Most followed: BoJo, JerCorb, British Airways, Challenger..
Boris Johnson is massively popular, and his pronouncement on Britain's continued membership of the EU has hit the pound hard this morning. Jeremy Corbyn is also massively popular ... in certain circles at least.
Associated British Foods raises guidance as sterling wilts
Sterling's recent weakness has been a boon for the diversified holding company
Week Ahead: Banking season arrives
It's a heavy week for trading updates, with the banks to the fore
Retail winners & losers: Tesco, Home Retail, B&M, Asos...
Tesco reported its first group like-for-like sales increase for more than four years
Associated British Foods hit by strength of sterling
The diversified food and clothing group left its full-year outlook unchanged after a solid start to its new financial year
Thursday's agenda: Food deflation on Tesco and BoE minds
With food prices in decline, supermarkets are finding it hard to grow like-for-like sales, but it means the Bank of England is in no hurry to raise interest rates to combat inflation
Week Ahead: Supermarket sweep
The twin perils of food deflation and the hard discounters continue to threaten the supermarkets, while the warmish weather has caught firms on the hop
Perk up your portfolio
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.
Dixons Carphone set for progress in 2016
Canadian broker RBC Capital Markets has made Dixons its general retail top pick for 2016,
Investments and investor services
Risers & Fallers: Immupharma, Kenmare, Pinnacle and more
Below are the main news-driven share price movements at 4pm.
Investments and investor services
Risers & Fallers: AB Foods, Berkeley Group, Debenhams, IG Group, Ophir Energy, Pearson
Berkeley Group's pledge to return a whole wodge of cash to shareholders is doing wonders for the share price
Investments and investor services
Brokers: Goldman warns online is cannibalising store sales
Primark owner AB Foods, Debenhams, Next are among those in Thursday’s broker spotlight, along with RBS, Morgan Advanced Materials, Kingspan and Spire Healthcare.
John Lewis to expand into the Netherlands
What's Dutch for middle class? The "never knowingly undersold" retailer is to become the "Netherlands knowingly undersold"
FTSE 100 closes out Tuesday slightly higher
The FTSE 100 Index subsided 6.12 points to 6355 by lunchtime
Investments and investor services
Market rises as traders brush off downbeat company data
FTSE 100 Index lifts 15.6 points to 6377 in the first hour of trading
Associated British Foods earmarks cash for Primark expansion
There is little doubt that Primark is the jewel in Associated British Foods' crown
Associated British Foods and the Boston tea party
Results are due out on Tuesday and the performance of Primark's Boston branch will be of keen interest, as will the continued revival of teas vendor Twinings
Tuesday's agenda: BAT break-up rumours to overshadow Imperial results
Investors will get a chance to quiz Imperial Tobacco on rumours of a potential British American deal and subsequent break-up.
Week ahead: Marks aims to emulate Next's success
Marks reports on Wednesday, while a host of other companies report alond with a slew of economic data.
Archive
Deutsche upbeat on European airlines
Deutsche says it expects strong third quarter numbers from the European airlines...
Archive
Clothes retailers fashionable among City analysts
Next, ASOS and Primark owner ABF were all upgraded, while Premier Farnell, Genus, Kaz Minerals, EnQuest and Wolseley were also in the broker spotlight
Archive
City broker eyes upside from ABF’s Primark push stateside
Associated British Food, Soco, Rotork, Premier Oil, Kaz Minerals and BHP Billiton were in Friday's broker spotlight
Archive
Primark’s European roll-out under appreciated, says Barclays
The focus has been on discount retailer Primark's US expansion, say analysts at banking giant Barclays..
Investments and investor services
FTSE 100 ends higher as miners surge ahead
The FTSE 100 ended 30 points to the good at 6,074 with miners storming ahead.
Associated British Foods' forex hit increases
The foods & clothing group said it is set to take a £30mln hit from unhelpful FX rates in the current financial year
Investments and investor services
FTSE 100's advance led by miners
London has taken its lead from firmer Asian markets, with mining stocks leading the advance.
FTSE 100 makes a small gain thanks to the miners
The FTSE 100 ended 30 points to the good at 6,074 with miners storming ahead.
Broker spotlight: Shoppers' delight
Consumers have never had it so good, says UBS, which is not necessarily good news for retailers.
ABF all bought up ahead of Primark’s US launch, says UBS
ABF, Sophos, Legal & General, Ferrexpo, TUI and Poundland are all in Thursday’s broker spotlight
Halfords' cycling business is expected to disappoint
Halfords, Associated British Foods, Breedon, Fidessa and Vedanta were all in Tuesday’s broker spotlight
Falkland farm-out too difficult given low oil price, says Numis
Borders and Southern, Premier Oil, Rentokil and ABF are all in Wednesday’s broker spotlight
Investments and investor services
FTSE 100 surges on hopes of a Greek deal
The top-share index came close to notching up a three figure gain as hopes rose of a settlement in the interminable Greek debt negotiations.
Archive
London market rises on talk of new Greek reforms
Reports of Greek plans for tax rises and spending cuts cheer traders
Investments and investor services
Most followed: China crisis, Budget, Barratt Developments, AB Foods, Gulf Keystone, Bargain Booze
They have a different take on 'efficient market theory' in China. Closer to home, George Osborne is accused of stealing Labour's clothes which, possibly, it got from Primark.
Archive
Shares rise on hopes of Greek debt deal
Greek premier Alexis Tsipras is finalising another set of reform proposals
Investments and investor services
Risers and Fallers: Cyan Holdings, APR Energy, 7digital, Beowulf Mining, Vast Resources, Optiobiotix
Primark's growth makes Associated British Foods' name more of a misnomer year-by-year
UPDATE - Primark sales help ABF but currency volatility weighs
ABF said Primark stores in Spain, Portugal and Ireland performed very strongly
FTSE surges on renewed hopes of a Greek deal
A recovery in Shanghai and hopes of a deal for Greece have raised spirits
Archive
Thursday’s agenda – Barratt is next housebuilder in focus
The fall-out from Wednesday’s Budget will clearly be a big topic on Thursday but also in focus will be a trading statement from Barratt.
Week Ahead: House builders to provide clarity after conflicting signals
We had conflicting messages from the housing sector last week, so trading updates from Bovis, Barratt and Taylor Wimpey might provide more clarity.
Broker spotlight – Sports Direct, ABF Foods, Hayward Tyler ...
Sports Direct looks better value now versus its peers, RBC says
Investments and investor services
FTSE 100 nears three figure losses, profit warnings hit Scisys and Pressure Technologies
A pair of profit warnings meant IT contractor Scisys and high pressure product manufacturer Pressure Technologies were the biggest fallers on a disappointing day for equities.
Broker spotlight – AB Foods, Ophir Energy, Enquest, Premier Oil, BHP Billiton, Rio Tinto
Primark owner Associated British Food rose to the top of the FTSE 100 risers thanks to an upgrade from Goldman Sachs
US launch of Primark could add £720mln to Associated British Foods reckons Goldman
Shares in Primark owner Associated British Foods were on the rise today after heavyweight broker Goldman Sachs released a bullish statement on the company.