(Alliance News) - Mergers between real estate investment trusts could help build a "more investible future" for the UK property sector, according to analysts, after two FTSE 250-listed firms agreed a merger on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stock prices in London closed up on Wednesday amid a host of strong PMI data from around the world, while bank measures in China boosted blue-chip miners. Read More
(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth. Read More
(Alliance News) - abrdn PLC on Wednesday announced it plans to slash around 500 jobs, and said it will kick off a transformation programme to generate annual savings of GBP150 million by the end of 2025. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China. Read More
(Alliance News) - Stocks in London are expected to open higher on Wednesday, following a largely positive performance in New York. Read More
(Alliance News) - abrdn PLC plans to cut "hundreds" of jobs from its workforce, Sky News reported on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - Raw Charging Group Ltd on Thursday said that it launches an ultra rapid charging hub at two sites for UK Commercial Property REIT Ltd. Read More
(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions. Read More
(Alliance News) - AJ Bell PLC said on Tuesday that it will be enacting a package of pricing changes, which it believes will benefit customers by "around GBP14 million" a year, hours after a warning from the UK Financial Conduct Authority. Read More
(Alliance News) - The FTSE 100 in London were higher at midday Tuesday, despite investors cautiously eyeing a trio of interest rate decisions, as well as a US inflation reading on Tuesday afternoon. Read More
(Alliance News) - Shares in London-listed investment platforms suffered losses early Tuesday, after the UK Financial Conduct Authority set out concerns on the treatment of retained interest on customers' cash balances. Read More
Picton Property Income Ltd - UK commercial property-focused real estate investment trust - Still vouches for merger with UK Commercial Property REIT, despite the latter's largest shareholder not supporting a merger which lead to discussions between the two companies being terminated in November. UK Commercial's largest shareholder Phoenix Life Ltd has a holding of about 43% in UK Commercial Property. Phoenix does not support the deal "on the terms proposed", both companies said last month. Picton Property says on Tuesday it "continues to believe that there are strategic and financial benefits to combining complementary businesses to enhance scale, diversification and efficiency within an internal management structure. Picton will continue to be proactive in pursuing opportunities that would add value for shareholders and build on the company's long-term track record of outperformance against the MSCI UK Quarterly Property Index since its launch in 2005. FTSE 250-listed UK Commercial Property is managed by abrdn PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More