Associated British Foods PLC (ABF.L)
15 Feb 2019
British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, stretching from "Black Friday" on Nov. 23 to early January clearance sales.
LONDON Leaving the European Union at the end of March without a deal would be "reckless" for Britain, the finance chief of Primark owner Associated British Foods , said on Thursday.
* Shares rise as much as 6.7 pct (Recasts with FD, analyst comment, shares)
Jan 17 Britain's FTSE 100 index is seen opening 24 points lower at 6,839 on Thursday, according to financial bookmakers, with FTSE 100 futures down 0.49 percent ahead of the cash market open. * WHITBREAD: British hotel owner Whitbread Plc on Thursday reported a 2.4 percent increase in third-quarter sales and expects 2019 results to be in-line with expectations, as the expansion of its Premier Inn chain pays off. * SAGE: British software company Sage said it had made a strong start to
LONDON, Jan 17 Primark owner Associated British Foods maintained its full-year earnings guidance on Thursday, reporting revenue growth in the Christmas quarter in all of its businesses apart from sugar.
UK shares ended a wobbly session in the red as weak U.S. factory data piled on worries over the world's economy that were triggered by smartphone giant Apple's rare revenue cut, taking the shine off a positive Christmas update from retailer Next.
* Sector M&A boosts AstraZeneca, GSK (Adds company news items, analyst comment, updates share moves)
Jan 3 A rare revenue warning from smartphone giant Apple triggered a new wave of selling in UK shares on Thursday as investors' fears of slowing global growth were confirmed and miners, oil, and luxury stocks fell.
UK shares fell on Thursday to their lowest in over two years, with the mid-cap index closing just shy of confirming a bear market, as global economy fears snuffed out cheer from Wall Street, where strong U.S. data had driven a dramatic rebound.
* Plus500 gains after trading update (Adds and updates share moves)
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