Abrdn Share News (ABDN)

UK dividends calendar - next 7 days

PRESS: abrdn plans up to GBP500 million in shareholder returns in 2022

(Alliance News) - abrdn PLC will return an additional GBP400 million to GBP500 million to shareholders before the end of 2022, with cash raised from selling down holdings in other companies, the Financial Times reported on Friday, citing "people with knowledge of the situation".

LONDON MARKET MIDDAY: Stocks lower as US rate hike fears intensify

(Alliance News) - Stocks in London were lower at midday on Wednesday, with investors continuing to mull over a higher-than-expected US inflation print which has reignited rate hike fears from the Federal Reserve.

LONDON BROKER RATINGS: Stifel downgrades IAG, easyJet and Ryanair

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET OPEN: UK inflation cools while US CPI stokes Fed fears

(Alliance News) - Stocks in London opened lower, as the sell-off prompted by Tuesday's hotter-than-expected US inflation data persisted into Wednesday's session.

Deutsche Bank downgrades Abrdn to 'sell'

(Sharecast News) - Deutsche Bank downgraded Abrdn to 'sell' from 'hold' on Wednesday and cut the price target to 135p from 175p, as it argued that accelerating stake sales won't offset wider headwinds.

IN BRIEF: abrdn sells stake in HDFC Life Insurance for GBP262 million

abrdn PLC - Edinburgh-based investment company - Says wholly owned subsidiary abrdn (Mauritius Holdings) 2006 Ltd, or amH06, sells 43.0 million shares in HDFC Life Insurance Co Ltd, representing 2.0% stake, for around GBP262 million.

LONDON BRIEFING: UK unemployment rate posts surprise decline

(Alliance News) - Stocks in London are set to open on a subdued note ahead of an eagerly awaited US inflation print.

Abrdn sells 2% stake in Indian insurer HDFC Life

(Sharecast News) - Asset manager Abrdn said on Tuesday that it has sold a stake of around 2% in Indian insurer HDFC Life.

LONDON BROKER RATINGS: Barclays cuts AB Foods to 'equal weight'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON MARKET CLOSE: FTSE regains poise despite ECB, hawkish Powell

(Alliance News) - Stocks in Europe largely overcame some early afternoon weakness to end higher on Thursday, after the European Central Bank enacted a historic interest rate hike.

AssetCo shares soar in nod to Parmenion stake sale rumours

(Alliance News) - AssetCo PLC shares jumped on Thursday morning after it confirmed it is in talks to sell some or all of its stake in Parmenion Capital Partners LLP.

PRESS: Blow for abrdn as former unit may fetch premium - Sky News

(Alliance News) - A large stake in one-time abrdn PLC unit Parmenion may be sold in a deal which values it a significant premium to what the London listing sold it for last year, Sky News reported on Wednesday.

IN BRIEF: abrdn CFO Stephanie Bruce buys GBP99,000 worth of shares

abrdn PLC - Edinburgh-based investment company - Chief Financial Officer Stephanie Bruce, and close associate, buy 66,709 shares at 147.99 pence average price, for an approximate total of GBP98,723, on Monday in London.

LONDON MARKET CLOSE: US jobs report reassures, send stocks higher

(Alliance News) - Stocks on both sides of the Atlantic were given a much needed boost on Friday afternoon, with the FTSE 100 adding nearly 2% following as a well-received US jobs report overcame a disappointing day for UK housebuilders.