(Alliance News) - HSBC Holdings PLC on Friday said the sale of its business in Canada to Royal Bank of Canada has received approval from the Canadian minister of finance, enabling the deal to proceed. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled. Read More
(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined. Read More
Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share. Read More
(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed. Read More
(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon. Read More
(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year. Read More
(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday. Read More
(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government. Read More
(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities. Read More
(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark. Read More
LXi REIT PLC - FTSE 250 London-based commercial real estate investment trust - Agrees extension to existing GBP60 million loan facility with HSBC, part of HSBC Holdings PLC from December 2024 to December 2026, extending weighted average term from 5.1 years to 5.2 years. The HSBC facility was LXi's earliest maturing debt and was originally extended to December 2024 in early March. It retains its existing 2.05% per year above the sterling overnight indexed average, or Sonia, benchmark and has a 2.50% interest rate cap until December next year. LXi expects to hedge the facility's cost during the additional term to expiry in due course. Read More
Vanquis Banking Group PLC - Bradford, England-based lender - Confirms that David Watts joined the board on Wednesday as Vanquis Banking's new chief financial officer and executive director, following a prior announcement on September 27. Watts will also join the board of Vanquis Bank Ltd following regulatory approval. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Stocks in London fought back on Monday, after hitting two-month lows on Friday, although a fall in HSBC shares kept a lid on further progress. Read More