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Elementis Shares News & Articles

Market report: Boohoo sparkles, McBride warns on profits, Gambling Commission bans use of credit cards

UK stocks opened slightly lower today with the FTSE 100 off 0.17% at 7,600.4 while the FTSE 250 index was flat at 21,720. Gambling stocks were on the back foot following the banning of credit cards which comes into effect on April 14. GVC (GVC) was trading off 0.24%, William Hill (WHM) was 2% lower while Flutter Entertainment (FLTR) shares were 0.8% softer. Online fashion retailer Boohoo ...

Market report: Boohoo’s latest upgrades raise smiles, pothole epidemic dents AA

London's FTSE 100 softens by 2.9 points to 7,505 and the FTSE 250 weakens 32.8 points to 20,428 in a muted start for UK and European markets on Wednesday, although online fashion purveyor Boohoo (BOO:AIM) puts smiles on investors’ faces with a 9% share price gain to 208.7p as it raises full year sales guidance. Boohoo is drawing confidence from a record first half to August for sales and ...

Elementis strikes new Mondo deal - saves potential $100m so why are the shares down?

Chemicals giant Elementis (ELM) has struck revised terms for its proposed takeover of Mondo Minerals. The new deal will see the UK chemicals company pay $500m for the business on a cash/debt neutral basis instead of the $600m initially agreed at the end of June. Mondo Minerals is a producer of industrial talc additives and operator of four talc mines in Finland. The new deal will also ...

Market report: Esure sold for £1.2bn, Royal Mail facing hefty fine and copper output squeezed

UK insurer Esure (ESUR), the firm behind the Sheila’s Wheels brand, has agreed to be bought out by Bain Capital Private Equity in a £1.21bn deal. This is confirmation after news of talks broke late morning on Monday, sending the stock soaring more than 30%. That caps interest in financial figures, also out on Tuesday, which show a hefty fall in pre-tax profit for the six months to 30 ...
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