Eric Cunha

1 week ago | marketscreener.com | Eric Cunha

(Alliance News) - Consumer goods firm Reckitt Benckiser Group PLC's home care brands up for sale could fetch a lower price than hoped, Bloomberg reported on Friday. Citing people familiar with the matter, Bloomberg reported possible suitors, including Lone Star Funds and Advent International, put valuations at a range of GBP3 billion to GBP4 billion. This is lower than the GBP6 billion eyed, Bloomberg reported. The sale process also includes Apollo Global Management Inc, Bloomberg added.

1 week ago | in.marketscreener.com | Eric Cunha

(Alliance News) - European stocks ended mixed on Friday, with the FTSE 100 shining as tariff worries kept a lid on enthusiasm on the mainland, while US banks traded mixed after a contrasting response to earnings. The FTSE 100 index rose 50.93 points, 0.6%, at 7,964.18. The FTSE 250 fell just 2.56 points at 18,514.85, and the AIM All-Share rose 2.86 points, 0.4%, at 647.83. For the week, the FTSE 100 lost 1.1%, the 250 added 0.8% and the AIM All-Share rose 1.1%.

2 weeks ago | uk.marketscreener.com | Eric Cunha

(Alliance News) - Shein has a green light from the UK Financial Conduct Authority for a planned initial public offering in London, Reuters reported on Friday. Citing two sources familiar with the process, Reuters reported that the FCA has approved Shein's UK IPO. Referencing the same sources, Reuters reported that fast fashion firm Shein also needs approval from Chinese watchdogs for the London Stock Exchange listing.

3 weeks ago | uk.marketscreener.com | Eric Cunha

(Alliance News) - European stocks were lower on Wednesday afternoon, as investors moved with trepidation ahead of an announcement on reciprocal US tariffs. The FTSE 100 index was down 74.44 points, 0.9%, at 8,560.36. The FTSE 250 lost 139.64 points, 0.7%, at 19,451.22, and the AIM All-Share slipped 3.61 points, 0.5%, at 684.77. The Cboe UK 100 fell 0.8% at 854.21, the Cboe UK 250 shed 0.9% to 16,926.38, but the Cboe Small Companies was up 0.1% at 15,225.95.

3 weeks ago | uk.marketscreener.com | Eric Cunha |Tom Waite

(Alliance News) - Alphawave IP Group PLC on Wednesday asked its shareholders to take no action, following the announcement by US semiconductor maker Qualcomm Inc on Tuesday that it is mulling a takeover offer for the London listing. Shares in the high-speed connectivity solutions firm had closed up more 40% in London on Tuesday but had slipped 1.9% back before its own announcement late Wednesday morning. Following the announcement, the stock was down 0.2% at 136.73 pence.