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Pin to quick picksTate & Lyle Share News (TATE)

Share Price Information for Tate & Lyle (TATE)

London Stock Exchange
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Share Price: 602.50
Bid: 602.00
Ask: 602.50
Change: -9.50 (-1.55%)
Spread: 0.50 (0.083%)
Open: 613.50
High: 615.00
Low: 601.00
Prev. Close: 612.00
TATE Live PriceLast checked at -

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London midday: Stocks lower as MPC holds rates, investors await ECB

Thu, 07th Nov 2013 11:17

- MPC votes to maintain rates, QE- ECB meeting in focus, rate cut eyed- US GDP, jobless claims on tap this afternoontechMARK 2,649.04 -0.17%FTSE 100 6,725.81 -0.24%FTSE 250 15,423.36 +0.13%UK stocks were trading in the red on Thursday morning as investors adopted a cautious approach ahead of the European Central Bank (ECB) meeting this afternoon.Many are expecting to see a reduction in interest rates in response to last week's announcement of a sharp fall in inflation from 1.1% to 0.7% across the euro area in October."To an extent, a 25 basis point rate cut was priced in, in the 48 hours following the release of the October inflation figure," said Market Analyst Craig Erlam from Alpari. "Since then, doubts have been raised about whether the ECB will in fact rush into this, or take its time and see whether the figure was a one-off."Financial stocks were weighing on London's FTSE 100 by midday after fund manager Schroders underwhelmed with its third-quarter results. Banking peers RBS, Lloyds and HSBC were also providing a drag.As expected, Britain's Monetary Policy Committee voted to hold off from injecting more stimulus into the economy, keeping its asset purchase programme unchanged at £375bn. The Bank Rate meanwhile was maintained at 0.5%.Over in the States, stock futures were pointing to a similarly weak start on Wall Street as eyes turn to a barrage of US economic data, including the initial estimate of third-quarter gross domestic product growth, personal consumption figures and the initial jobless claims report. Makrets are also awaiting the all-important non-farm payrolls numbers due out on Friday which are expected to show a sharp slowdown in employment growth in October.Gold miners gain, Schroders slumpsGold miner Randgold Resources was a high riser in London this morning after recording a 80% quarter-on-quarter profit increase in the third quarter after a strong performance by its flagship Loulo-Gounkoto complex in Mali. The bottom-line growth came despite a 3% drop in the average gold price over the period.Sector peer Centamin was rebounding after its own third-quarter results yesterday as Investec lifted its target price from 50p to 54p and recommended investors to 'buy' the shares. Precious metals counterpart Fresnillo was also higher.Heading the other way was fund manager Schroders as it underwhelmed with a sharp rise in third-quarter profits. However, analysts at Canaccord Genuity downgraded the stock to 'hold', saying that the company needs to show "stronger growth to justify upgrades".Food and sweetener company Tate & Lyle edged higher despite saying half-year profits slipped 6% after a soft beverage season in the US overshadowed growth in Speciality Food Ingredients and progress in emerging markets.Coca-Cola HBC, the world's second-largest bottler of Coca-Cola, was more or less flat after a dip in revenues in the third quarter as volumes were hit by tough economic conditions in Europe. Auto and bike parts retailer Halfords surged after a better-than-expected increase in first-half profits following a strong Retail performance.Satellite operator Inmarsat was lower after recording a small fall in revenues in the third quarter and saying that delayed launches will "apply some downward pressure on operating profits during the year 2014".FTSE 100 - RisersRandgold Resources Ltd. (RRS) 4,944.00p +7.36%Fresnillo (FRES) 1,016.00p +2.63%Tate & Lyle (TATE) 807.50p +1.76%Marks & Spencer Group (MKS) 505.50p +1.22%Admiral Group (ADM) 1,286.00p +1.18%Babcock International Group (BAB) 1,284.00p +0.86%Bunzl (BNZL) 1,385.00p +0.80%Reckitt Benckiser Group (RB.) 4,828.00p +0.65%Reed Elsevier (REL) 882.00p +0.57%Next (NXT) 5,565.00p +0.54%FTSE 100 - FallersSchroders (SDR) 2,519.00p -3.30%Mondi (MNDI) 1,047.00p -2.15%Travis Perkins (TPK) 1,767.00p -2.05%Croda International (CRDA) 2,333.00p -1.97%Vedanta Resources (VED) 1,070.00p -1.74%Persimmon (PSN) 1,169.00p -1.43%Glencore Xstrata (GLEN) 337.00p -1.43%International Consolidated Airlines Group SA (CDI) (IAG) 345.50p -1.23%Centrica (CNA) 349.10p -1.16%Standard Life (SL.) 348.00p -1.16%FTSE 250 - RisersHalfords Group (HFD) 477.00p +13.92%Centamin (DI) (CEY) 52.10p +7.87%Grainger (GRI) 211.00p +7.11%Ferrexpo (FXPO) 207.20p +4.65%Kazakhmys (KAZ) 280.50p +4.63%African Barrick Gold (ABG) 213.20p +4.41%Beazley (BEZ) 236.80p +3.81%Cable & Wireless Communications (CWC) 48.25p +3.76%Polymetal International (POLY) 595.50p +3.12%Wetherspoon (J.D.) (JDW) 740.00p +2.78%FTSE 250 - FallersInmarsat (ISAT) 683.50p -4.27%Dairy Crest Group (DCG) 526.00p -2.41%Telecity Group (TCY) 684.00p -2.36%Daejan Holdings (DJAN) 4,082.00p -1.99%3i Infrastructure (3IN) 132.90p -1.92%Ashmore Group (ASHM) 387.70p -1.90%Smith (DS) (SMDS) 296.50p -1.76%NMC Health (NMC) 352.30p -1.73%Kentz Corporation Ltd. (KENZ) 529.00p -1.67%Domino Printing Sciences (DNO) 671.00p -1.61%BC
More News
27 Jun 2024 19:29

EARNINGS AND TRADING: Fenikso in profit; Tate & Lyle completes sale

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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21 Jun 2024 10:27

Berenberg keeps Tate & Lyle at 'buy', says recent falls were overdone

(Sharecast News) - The negative reaction to Tate & Lyle's proposed tie-up with US food ingredients group CP Kelco was "too extreme", according to Berenberg, which kept a 'buy' rating on the UK food and beverages group following the announcement.

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20 Jun 2024 17:04

LONDON MARKET CLOSE: European markets rise as BoE leaves rates

(Alliance News) - Stock prices in London closed mostly higher on Thursday after the Bank of England left its interest rates unchanged, a day after inflation cooled to the central bank's target.

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20 Jun 2024 16:16

London close: Stocks rise as BoE holds interest rates

(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.

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20 Jun 2024 09:20

TOP NEWS: JM Huber takes big stake as Tate & Lyle buys CP Kelco

(Alliance News) - Tate & Lyle PLC on Thursday announced a deal to acquire nature-based ingredients company CP Kelco US Inc.

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20 Jun 2024 08:57

LONDON MARKET OPEN: FTSE 100 climbs before BoE takes centre-stage

(Alliance News) - Stock prices in London largely opened higher on Thursday, in somewhat confident trade ahead of a Bank of England interest rate decision, which comes in the wake of the UK inflation rate returning to target.

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20 Jun 2024 07:50

LONDON BRIEFING: Sainsbury's sells core banking arm to NatWest

(Alliance News) - London's FTSE 100 is set to trade higher in morning dealings, before focus on Thursday afternoon turns to an expected interest rate hold by the Bank of England.

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13 Jun 2024 16:15

UK dividends calendar - next 7 days

Friday 14 June 
AEW UK REIT PLCdividend payment date
Aptitude Software Group PLCdividend payment date
Aquila European Renewables PLCdividend payment date
Burford Capital Ltddividend payment date
FRP Advisory Group PLCdividend payment date
James Halstead PLCdividend payment date
Midwich Group PLCdividend payment date
Mincon Group PLCdividend payment date
Ocean Wilsons Holdings Ltddividend payment date
Pershing Square Holdings Ltddividend payment date
Petershill Partners PLCdividend payment date
PetroTal Corpdividend payment date
Seplat Energy PLCdividend payment date
Town Centre Securities PLCdividend payment date
Town Centre Securities PLCspecial dividend payment date
Monday 17 June 
Churchill China PLCdividend payment date
Inchcape PLCdividend payment date
Princess Private Equity Holding Ltddividend payment date
Tuesday 18 June 
no events scheduled 
Wednesday 19 June 
BlackRock Greater Europe Investment Trust PLCdividend payment date
Centamin PLCdividend payment date
Fintel PLCdividend payment date
Henderson Eurotrust PLCdividend payment date
MP Evans Group PLCdividend payment date
Thursday 20 June 
3i Group PLCex-dividend payment date
Airtel Africa PLCex-dividend payment date
Animalcare Group PLCex-dividend payment date
Arbuthnot Banking Group PLCspecial dividend payment date
Aurora Investment Trust PLCdividend payment date
AVI Global Trust PLCex-dividend payment date
Baillie Gifford China Growth Trust PLCex-dividend payment date
Barings Emerging EMEA Opportunities PLCex-dividend payment date
British Land Co PLCex-dividend payment date
Castings PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Experian PLCex-dividend payment date
Fidelity China Special Situations PLCex-dividend payment date
Fidelity Special Values PLCdividend payment date
Flowtech Fluidpower PLCex-dividend payment date
Gamma Communications PLCdividend payment date
GB Group PLCex-dividend payment date
Gooch & Housego PLCex-dividend payment date
Henderson Opportunities Trust PLCdividend payment date
Inspired PLCex-dividend payment date
Maven Income & Growth VCT PLCex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Mitie Group PLCex-dividend payment date
Patria Private Equity Trust PLCex-dividend payment date
Persimmon PLCex-dividend payment date
RWS Holdings PLCex-dividend payment date
S&U PLCex-dividend payment date
Science Group PLCex-dividend payment date
Scottish American Investment Co PLCdividend payment date
Tate & Lyle PLCex-dividend payment date
Templeton Emerging Markets Investment Trust PLCex-dividend payment date
Touchstar PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
Vianet Group PLCex-dividend payment date
VP PLCex-dividend payment date
Wynnstay Properties PLCex-dividend payment date
Yu Group PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com 
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved. 

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24 May 2024 09:23

LONDON BROKER RATINGS: HSBC cuts Aviva; Deutsche Bank cuts Ryanair

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

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23 May 2024 10:53

Tate & Lyle profit jumps 48% despite dampened consumer demand

(Alliance News) - Tate & Lyle on Thursday reported strong profit growth and announced the sale of its remaining stake in its primary product business.

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23 May 2024 10:07

Tate & Lyle reports solid year, completes Primient exit

(Sharecast News) - Tate & Lyle reported a robust full-year financial performance driven by strong profit and cash metrics on Wednesday, as it also announced the sale of its stake in American firm Primient.

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23 May 2024 07:47

LONDON BRIEFING: National Grid plans GBP7 billion capital raise

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, with focus on interest rate policy in the UK and US.

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16 May 2024 15:45

UK earnings, trading statements calendar - next 7 days

Friday 17 May 
Land Securities Group PLCFull Year Results
XLMedia PLCFull Year Results
Monday 20 May 
Kainos Group PLCFull Year Results
Likewise Group PLCFull Year Results
Nexxen International LtdQ1 Results
Ryanair Holdings PLCFull Year Results
Union Jack Oil PLCFull Year Results
Tuesday 21 May 
Assura PLCFull Year Results
Atalaya Mining PLCQ1 Results
Avon Protection PLCHalf Year Results
Caledonia Investments PLCFull Year Results
Calnex Solutions PLCFull Year Results
Cranswick PLCFull Year Results
Diaceutics PLCFull Year Results
FD Technologies PLCFull Year Results
Greencore Group PLCHalf Year Results
Ixico PLCHalf Year Results
Kingfisher PLCTrading Statement
Pennon Group PLCFull Year Results
Smiths Group PLCTrading Statement
SSP Group PLCHalf Year Results
Topps Tiles PLCHalf Year Results
Wednesday 22 May 
4imprint Group PLCTrading Statement
British Land Co PLCFull Year Results
Close Brothers Group PLCTrading Statement
Hardide PLCHalf Year Results
HICL Infrastructure PLCFull Year Results
Marks & Spencer Group PLCFull Year Results
Regional REIT LtdTrading Statement
RS Group PLCFull Year Results
Severn Trent PLCFull Year Results
SSE PLCFull Year Results
STS Global Income & Growth Trust PLCFull Year Results
Thursday 23 May 
AJ Bell PLCHalf Year Results
Argo Blockchain PLCQ1 Results
Aviva PLCTrading Statement
Bloomsbury Publishing PLCFull Year Results
Braemar PLCFull Year Results
Energean PLCTrading Statement
Essentra PLCTrading Statement
Great Portland Estates PLCFull Year Results
Headlam PLCTrading Statement
Helical PLCFull Year Results
Hill & Smith PLCTrading Statement
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
Johnson Matthey PLCFull Year Results
National Grid PLCFull Year Results
Petershill Partners PLCTrading Statement
Picton Property Income LtdFull Year Results
Qinetiq Group PLCFull Year Results
Tate & Lyle PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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

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24 Apr 2024 09:15

Haleon appoints Tate & Lyle's finance chief as CFO from November

(Alliance News) - Haleon PLC on Wednesday said it has appointed Tate & Lyle PLC's Dawn Allen as chief financial officer.

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