(Alliance News) - GCP Infrastructure Investments Ltd on Friday said that it has disposed of an interest in loan notes secured against Blackcraig Wind Farm, generating net cash proceeds of around GBP31 million. Read More
(Alliance News) - Senior PLC on Friday said first-quarter trading was in line with expectations with a strong performance in its Aerospace unit offsetting a slight decline in Flexonics. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Ahead of its annual general meeting on Friday morning, Kingspan Group PLC said it had a "reasonable" first quarter, despite a "sluggish start to the year due in part to seasonal factors." Read More
(Alliance News) - Redde Northgate PLC on Friday said it plans to change its name to Zigup PLC, saying the "more modern brand" reflects its new focus on providing "mobility solutions across the vehicle lifecycle, through an integrated platform". Read More
(Alliance News) - Pearson PLC on Friday said it is "on track" to achieve 2024 guidance amid an as-expected first quarter result and growth momentum for the second half. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - Shares in NatWest Group PLC rose on Friday as first quarter profit surpassed City forecasts, despite falling sharply from the year before. Read More
(Alliance News) - Darktrace PLC on Friday said it has agreed to an all-cash takeover offer worth USD5.32 billion from funds managed by private equity firm Thoma Bravo LP. Read More
(Alliance News) - Stock prices in London opened higher on Friday, as investors shook off nerves ahead of US inflation data this afternoon. Read More
J Sainsbury PLC - London-based supermarket chain - Begins share buyback programme of up to GBP200 million to be completed by the end of its financial year on March 1, 2025. Says the first tranche will be for a maximum of GBP150 million in shares, ending on or before November 1. Sainsbury's confirmed on Thursday it would begin the programme, first announced in February, when it announced its annual results. Revenue rose 3.8% to GBP32.70 billion in the financial year that ended March 2 from GBP35.16 billion in financial 2023. The increase in revenue was offset by cost of sales rising 3.1% to GBP30.3 million from GBP29.4 million and administrative expenses rising 27% to GBP1.9 million from GBP1.5 million. Pretax profit fell by 15% to GBP277 million from GBP327 million. Despite the falling bottom-line, Sainsbury's declared a final dividend of 9.2 pence, taking its full-year total dividend to an unchanged 13.1p compared to a year earlier. Read More
Mast Energy Developments PLC - developer of reserve power generation plants - Receives official confirmation that its 9-megawatt Pyebridge flexible power plant has passed its "satisfactory performance days" requirements under its current existing T-1 capacity market contract. This means that Pyebridge will retain the current capacity market contract's associated annual gross profit margin income of GP308,000, which is paid and received monthly in arrears. Read More
(Correcting days to Friday and Thursday.) Read More
(Alliance News) - Stocks in London are called to open higher on Friday, ahead of key US inflation data Read More
(Alliance News) - Anglo American PLC on Friday said its board has "unanimously" rejected an "opportunistic" offer from larger peer BHP Group Ltd, on grounds that it "significantly undervalues" the London-based miner. Read More