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Pin to quick picksClose Bros Share News (CBG)

Share Price Information for Close Bros (CBG)

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Share Price: 426.40
Bid: 426.40
Ask: 427.20
Change: 5.80 (1.38%)
Spread: 0.80 (0.188%)
Open: 430.80
High: 432.60
Low: 422.80
Prev. Close: 420.60
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LONDON MARKET PRE-OPEN: Gatwick Drone Hits easyJet Passengers Numbers

Tue, 22nd Jan 2019 07:46

LONDON (Alliance News) - Stock prices in London are set to open lower on Tuesday following a downbeat global economic outlook by the IMF and ahead of the latest UK average earnings and employment data release.In early UK company news, easyJet guided for its full-year performance to be in line with market expectations but passenger numbers were held back by the drone incident at Gatwick airport over Christmas. Dixons Carphone reported "good" Christmas sales, in line with expectations, which saw the mobile phone and consumer electronics retailer produce record sales against a "tough backdrop".IG says futures indicate the FTSE 100 index of large-caps to open 26.39 points or 0.4% lower on Tuesday at 6,944.20. The FTSE 100 index closed up 2.26 points at 6,970.59 on Monday.Stock markets in the US were closed on Monday for Martin Luther King Jr Day and will re-open on Tuesday.In Asia on Tuesday, the Japanese Nikkei 225 index closed down 0.5%. In China, the Shanghai Composite closed down 1.2%, while the Hang Seng index in Hong Kong is down 1.1% in late trade."With no lead from the US, which was closed for the Martin Luther King public holiday, Asian markets dropped lower overnight. The latest report from the IMF confirming the markets' fears over slowing global growth gave traders few reasons to cheer," said Jasper Lawler, head of research at London Capital Group.Lawler added: "The latest IMF report cut global growth to the slowest level in three years, citing the slowing Chinese economy and Brexit as causes for concern. The fund also pointed to weakness in Japan and the eurozone and warned over the impact of trade tensions. The IMF report comes hot on the heels of China reporting the slowest annual economic growth since 1990."In its World Economic Outlook on Monday, the International Monetary Fund cut its estimate for global growth in 2019, highlighting US-China trade tensions and the risk of a no-deal Brexit in Europe.The report estimated global growth in 2018 at 3.7%, in line with the forecast made in October. However, signs of a slowdown in the second half of 2018 are expected to carry over to coming quarters.Global growth is projected to grow 3.5% in 2019, before picking up slightly to 3.6% in 2020. In October, global growth had been seen at 3.7% in 2019 and 3.7% in 2020.In the economic calendar on Tuesday are UK average earnings and unemployment rate, both due at 0930 GMT.Average earnings for the three months to January are expected to rise 3.3% on an annual basis, while the jobless rate is forecast to remain steady at 4.1%.Sterling was quoted at USD1.2870 early Tuesday ahead of the data, lower than USD1.2899 at the London equities close on Monday.easyJet's first-quarter revenue was up 14% on a year before to GBP1.30 billion with passenger revenue up 12% to GBP1.03 billion.The budget airline's passenger numbers in the quarter increased 15% to 21.6 million, which easyJet said was driven by an increase in capacity of 18% to 24.1 million. Passenger numbers and capacity were both "slightly" below easyJet's expectations. The lower numbers were attributed to the drone incided in late December which shut London Gatwick for several days, as well as the late arrival of A321 deliveries from Airbus.Easyjet's load factor in the quarter decreased by 2 percentage points to 89.7%. Total revenue per seat decreased by 4.2%.Blue chip miner BHP Group reported a number of operational difficulties during its first half, though it upgraded copper production guidance nonetheless.For the six months to December, BHP's copper output fell 1% year-on-year to 825,000 tonnes. For the second quarter, production was down 3% year-on-year but up 2% quarter-on-quarter to 416,000 tonnes. Copper guidance for the year ending June has been increased to between 1.65 million tonnes and 1.74 million tonnes, from 1.62 million tonnes and 1.71 million tonnes before.BHP said copper production was helped by "record" production at Cerro Colorado and higher volumes at Spence, though expected lower grades at Escondida did hurt volumes. All three are in Chile. Dixons Carphone's like-for-like sales in the 10 weeks ended January 5 were up 1%, with reported revenue flat. The FTSE 250-listed retailer said like-for-like UK & Ireland electrical sales were up 2%, but mobile sales in the region were down 7%.Like-for-like International sales were up 5%, with reported revenue growth of 4%."Peak trading was solid and in line with expectations, producing record sales against a tough backdrop. We continued to grow our leading electrical market positions in all territories, online and in-store. In UK mobile, performance was as expected. Overall, our Peak trading was disciplined and well-executed, with stable gross margins," said Chief Executive Officer Alex Baldock.Dixons Carphone reiterated its full-year profit target of GBP300 million.A "significant" change in regulation saw IG Group's first-half profit decrease.IG Group reported an interim pretax profit decrease of 17% to GBP113.0 million from GBP136.2 million a year before. The firm's net trading revenue decreased 6% to GBP251.0 million from GBP268.4 million.IG CEO June Felix said: "IG has experienced significant change and will continue to do so in the future. Change will be driven by regulation, by shifting patterns of wealth, and by the continued development of financial markets around the world."IG reiterated its intention to maintain a 43.2 pence annual dividend.Merchant bank Close Brothers said its first-half performance was solid notwithstanding the "difficult trading conditions" in its sector.Close Brothers said its loan book grew 3.1% in the period to GBP7.5 billion and its Banking division continued to perform well, in line with expectations.Negative market movements decreased Close Brothers' assets under management as at December 31 by 3% to GBP10.0 billion.Primary care property investor and developer Assura said, at December 31, it now owns 553 medical centres with a total annualised rent of GBP99.8 million, up from GBP97.0 million at September 30.CEO Jonathan Murphy said: "We are pleased to provide another positive trading update on our business, with GBP67 million of additions to the portfolio in the last three months helping grow our rent roll to GBP99.8 million. Meanwhile we continue to replenish our pipeline of acquisitions and developments which currently stands at GBP170 million."As a result of its "successful growth" in the quarter, Assura is increasing its dividend by 5% to 0.685 pence per quarter, starting from January. UK Prime Minister Theresa May faces fresh clashes in the House of Commons over launching a second Brexit referendum and blocking a no-deal.Labour wants Parliament to be given the option to back a national poll on Brexit when MPs vote on the government's EU exit stance next week.An amendment to the prime minister's Brexit motion calls for a vote on backing Labour's plan for a customs union with the EU, and whether to legislate "to hold a public vote on a deal or a proposition" supported by a Commons majority.The move came is it was understood that Work & Pensions Secretary Amber Rudd had urged Downing Street to allow Tory MPs a free vote on moves aimed at preventing a no deal, amid fears that dozens of ministers could otherwise resign.Meanwhile, the Daily Telegraph reported that Tory HQ has been effectively put on a snap general election "war footing" due to the Brexit situation in Parliament.Elsewhere in the economic calendar on Tuesday, Germany's ZEW economic sentiment survey is at 1000 GMT, while the eurozone ZEW survey is due out at the same time. The World Economic Forum continues in Davos on Tuesday.

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21 Jul 2022 11:08

Close Brothers records "solid" performance as loan book grows 5%

(Alliance News) - Close Brothers Group PLC on Thursday said it performed well in the first 11 months of its financial year, mainly due to growth in its Banking arm.

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21 Jul 2022 09:54

Close Brothers posts 'solid performance' in first 11 months

(Sharecast News) - Merchant banking group Close Brothers reported a "solid performance" in the first 11 months of its financial year on Thursday.

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14 Jul 2022 16:41

UK earnings, trading statements calendar - next 7 days

Friday 15 July 
Burberry Group PLCQ1 Results
Premier Miton Group PLCQ3 Results
Monday 18 July 
Audioboom Group PLCHalf Year Results
CentralNic Group PLCTrading Statement
Tortilla Mexican Grill PLCTrading Statement
Tristel PLCTrading Statement
Tuesday 19 July 
Arbuthnot Banking Group PLCHalf Year Results
Begbies Traynor Group PLCFull Year Results
BHP Group LtdTrading Statement
City of London Investment Group PLCTrading Statement
Herald Investment Trust PLCHalf Year Results
In The Style Group PLCFull Year Results
IntegraFin Holdings PLCQ3 Results
Kier Group PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Photo-Me International PLCHalf Year Results
TPXimpact Holdings PLCFull Year Results
Wise PLCTrading Statement
Wednesday 20 July 
Abcam PLCTrading Statement
Alliance Pharma PLCTrading Statement
Antofagasta PLCQ2 Production Results
Centamin PLCQ2 Production Results
Centaur Media PLCHalf Year Results
Costain Group PLCTrading Statement
PayPoint PLCQ1 Results
Petropavlovsk PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Foods PLCQ1 Results
Royal Mail PLCQ1 Results
Thursday 21 July  
AJ Bell PLCQ3 Results
Anglo American PLCQ2 Production Results
Brewin Dolphin Holdings PLCTrading Statement
Britvic PLCQ3 Results
Close Brothers Group PLCTrading Statement
Diploma PLCQ3 Results
Dunelm Group PLCTrading Statement
DWF Group PLCFull Year Results
Euromoney Institutional Investor PLCQ3 Results
Frasers Group PLCTrading Statement
Fulham Shore PLCFull Year Results
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCQ1 Results
Ocado Group PLCHalf Year Results
PensionBee Group PLCTrading Statement
Polymetal International PLCQ2 Production Results
Qinetiq Group PLCTrading Statement
Redcentric PLCFull Year Results
Seraphine Group PLCFull Year Results
SSE PLCQ1 Results
Workspace Group PLCQ1 Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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14 Jun 2022 11:59

RBC sees 'good entry point' into Close Brothers Group, upgrades shares

(Sharecast News) - Analysts at RBC Capital Markets upgraded their recommendation for shares of Close Brothers Group from 'sector perform' to 'outperform'.

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14 Jun 2022 09:33

LONDON BROKER RATINGS: Berenberg and HSBC upgrade Wizz Air

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

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14 Jun 2022 08:17

LONDON BRIEFING: BoE dilemma as basic UK pay falls 2.2% in real terms

(Alliance News) - Average pay in the UK is failing to keep up with rampant inflation, though the country's jobless rate remains at nearly a 50-year low, posing a conundrum for the Bank of England when it meets this week.

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20 May 2022 09:27

Close Brothers loan book grows, but trade is "volatile" at Winterflood

(Alliance News) - Close Brothers Group PLC said on Friday it performed well in the three months to April 30, with good momentum across its lending businesses and robust demand in its core markets.

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20 May 2022 07:44

LONDON MARKET PRE-OPEN: M&C Saatchi accepts Next Fifteen takeover bid

(Alliance News) - Stocks in London were looking to end another rocky week on a strong note as sentiment got a boost from an interest rate cut in China.

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20 May 2022 07:09

Close Brothers loan book grows in Q3 despite 'heightened uncertainty'

(Sharecast News) - Merchant banking group Close Brothers said on Friday that it had "performed well" in the third quarter of its trading year.

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13 May 2022 15:59

UK earnings, trading statements calendar - next 7 days

Monday 16 May  
Diploma PLCHalf Year Results
Finsbury Growth & Income Trust PLCHalf Year Results
Greggs PLCTrading Statement
Petropavlovsk PLCFull Year Results
Ryanair Holdings PLCFull Year Results
Tuesday 17 May 
accesso Technology Group PLCTrading Statement
Benchmark Holdings PLCHalf Year Results
Big Yellow Group PLCTrading Statement
Britvic PLCHalf Year Results
C&C Group PLCFull Year Results
DCC PLCFull Year Results
Fresnillo PLCTrading Statement
Imperial Brands PLCHalf Year Results
Lamprell PLCFull Year Results
Land Securities Group PLCFull Year Results
Micro Focus International PLCTrading Statement
Renew Holdings PLCHalf Year Results
Shoe Zone PLCHalf Year Results
Smartspace Software PLCFull Year Results
Sureserve Group PLCHalf Year Results
TI Fluid Systems PLCTrading Statement
Tremor International LtdTrading Statement
Tritax EuroBox PLCHalf Year Results
TwentyFour Select Monthly Income Fund LtdHalf Year Results
Velocys PLCFull Year Results
Victorian Plumbing Group PLCHalf Year Results
Vitec Group PLCTrading Statement
Vodafone Group PLCFull Year Results
Watkin Jones PLCHalf Year Results
Zytronic PLCHalf Year Results
Wednesday 18 May  
Assura PLCFull Year Results
Aviva PLCTrading Statement
British Land Co PLCFull Year Results
Burberry Group PLCFull Year Results
Dev Clever Holdings PLCFull Year Results
Experian PLCFull Year Results
Future PLCHalf Year Results
Marston's PLCHalf Year Results
Mitchells & Butlers PLCHalf Year Results
N Brown Group PLCFull Year Results
Ninety One PLC and LtdFull Year Results
Polarean Imaging PLCFull Year Results
Premier Foods PLCFull Year Results
TBC Bank Group PLCQ1 Results
Watches of Switzerland Group PLCTrading Statement
Thursday 19 May  
Atalaya Mining PLCQ1 Results
Auction Technology Group PLCHalf Year Results
Bank of Cyprus Holdings PLCQ1 Results
Countryside Partnerships PLCHalf Year Results
Dialight PLCTrading Statement
easyJet PLCHalf Year Results
Ecofin Global Utilities & Infrastructure Trust PLCHalf Year Results
Essentra PLCTrading Statement
Euromoney Institutional Investor PLCHalf Year Results
Fevertree Drinks PLCTrading Statement
Gamma Communications PLCTrading Statement
Great Portland Estates PLCFull Year Results
Idox PLCTrading Statement
Inspecs Group PLCFull Year Results
Investec PLCFull Year Results
JPMorgan Japanese Investment Trust PLCHalf Year Results
National Grid PLC Full Year Results
Purplebricks Group PLCTrading Statement
Qinetiq Group PLCFull Year Results
Royal Mail PLCFull Year Results
S&U PLCTrading Statement
Smart Metering Systems PLCTrading Statement
Friday 20 May  
Bloomsbury Publishing PLC Full Year Results
Close Brothers Group PLCTrading Statement
Ediston Property Investment Co PLCHalf Year Results
Gattaca PLCTrading Statement
JPMorgan Asia Growth & Income PLCHalf Year Results
JPMorgan China Growth & Income PLCHalf Year Results
Old Mutual LtdTrading Statement
Quartix Technologies PLCFull Year Results
Schroder AsiaPacific Fund PLCHalf Year Results
Unbound Group PLCFull Year Results
Wincanton PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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20 Apr 2022 16:06

UK dividends calendar - next 7 days

Thursday 21 April 
abrdn Asian Income Fund Ltdex-dividend date
Antofagasta PLCex-dividend date
Arbuthnot Banking Group PLCex-dividend date
BAE Systems PLCex-dividend date
Bodycote PLCex-dividend date
Breedon Group PLC ex-dividend date
Essentra PLCex-dividend date
Genuit Group PLCex-dividend date
Gresham Technologies PLCex-dividend date
Highcroft Investments PLCex-dividend date
Hunting PLCex-dividend date
John Wood Group PLCex-dividend date
JPMorgan American Investment Trust PLCex-dividend date
JPMorgan China Growth & Income PLCex-dividend date
JPMorgan Mid Cap Investment Trust PLCdividend payment date
Jupiter Fund Management PLCex-dividend date
Just Group PLCex-dividend date
Legal & General Group PLCex-dividend date
McColl's Retail Group PLCdividend payment date
Micro Focus International PLCex-dividend date
Montanaro UK Smaller Companies Investment Trust PLCex-dividend date
MP Evans Group PLCex-dividend date
Petrofac Ltdex-dividend date
PRS REIT PLCex-dividend date
Rathbones Group PLCex-dividend date
Rio Tinto PLCSpecial dividend payment date
Rio Tinto PLCdividend payment date
Robert Walters PLCex-dividend date
RPS Group PLCex-dividend date
Schroder BSC Social Impact Trust PLCex-dividend date
Schroder European Real Estate Investment Trust PLCex-dividend date
SCS Group PLCex-dividend date
Secure Trust Bank PLCex-dividend date
Spirax-Sarco Engineering PLCex-dividend date
TClarke PLCex-dividend date
Twentyfour Income Fund Ltdex-dividend date
Unite Group PLCex-dividend date
Vitec Group PLCex-dividend date
Weir Group PLCex-dividend date
Wickes Group PLCex-dividend date
Friday 22 April 
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Henderson Eurotrust PLCdividend payment date
Monday 25 April 
abrdn Smaller Cos Income Trust PLCdividend payment date
Tuesday 26 April 
Anglo American PLCdividend payment date
Anglo American PLCspecial dividend payment date
Invesco Asia Trust PLCdividend payment date
Wednesday 27 April 
Close Brothers Group PLCdividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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1 Apr 2022 13:55

Liberum upgrades Close Brothers to 'buy'

(Sharecast News) - Liberum upgraded Close Brothers to 'buy' from 'hold' on Friday, arguing that the recent share price fall was overdone.

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17 Mar 2022 16:29

UK dividends calendar - next 7 days

Friday 18 March  
Aberdeen Standard Equity Income Trust PLCdividend payment date
CC Japan Income & Growth Trust PLCdividend payment date
Dunelm Group PLCspecial ex-dividend date
Momentum Multi-Asset Value Trust PLCdividend payment date
Pershing Square Holdings Ltddividend payment date
Witan Investment Trust PLCdividend payment date
Monday 21 March 
no events scheduled 
Tuesday 22 March 
Unilever PLCdividend payment date
Wednesday 23 March 
no events scheduled 
Thursday 24 March 
British American Tobacco PLCex-dividend date
Close Brothers Group PLCex-dividend date
CLS Holdings PLCex-dividend date
Craneware PLCex-dividend date
Ferguson PLCex-dividend date
Greggs PLCspecial ex-dividend date
IDOX plcex-dividend date
Jersey Electricity PLCdividend payment date
Mid Wynd International Investment Trust PLCex-dividend date
Nichols PLCex-dividend date
OSB Group PLCex-dividend date
Palace Capital PLCex-dividend date
Pearson PLCex-dividend date
Prudential PLCex-dividend date
Schroders PLCex-dividend date
Volution Group PLCex-dividend date
XP Power Ltdex-dividend date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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17 Mar 2022 14:16

DIRECTOR DEALINGS: Purplebricks chair and Close Bros AM chief buy

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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16 Mar 2022 09:46

LONDON BROKER RATINGS: SocGen cuts Reckitt; UBS upgrades DS Smith

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

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