LONDON BROKER RATINGS: Citi and Jefferies say buy Astra after tumble
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - At least one bank has started a process to appoint debt specialists who will look over Henry Boot PLC's finances, Sky News reported on Tuesday afternoon. Read More
Harbour Energy PLC - oil and gas operator with operations in the UK, Norway, Argentina, Germany, Egypt and the Gulf of Mexico - Washington DC-based buyout fund Potomac View Investments LP, managed by EIG Management Co LLC, sells 54.8 million Harbour shares, a 3.5% stake, in a placing with institutional investors by Barclays Bank PLC. The placing is priced at 205 pence per share in an accelerated bookbuild, raising GBP112 million for Potomac and leaving it with no remaining holding in Harbour Energy. The placing was first announced after the London market close on Thursday. The fund sold a 3.8% interest in Harbour Energy in March at 255p per share. Potomac was one of the founding backers of Harbour Energy, with EIG providing initial funding as early as 2014. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Barclays PLC has acquired the long-term leasehold interest in its global headquarters at One Churchill Place in east London from Canary Wharf Group, securing control of the building beyond its current lease, the companies said on Tuesday. Read More
(Alliance News) - Chrysalis Investments Ltd reported a sharp fall in net asset value in the first half of its financial year, as weaker valuations for key portfolio holdings amid volatile equity markets more than offset continued operational progress across its investments. Read More
Barclays PLC - London-based universal bank - US subsidiary passes the Federal Reserve's annual stress test of US banks. Barclays notes that the projected capital ratios for Barclays US LLC remains above the regulatory minimum across all nine quarters of the test. Barclays US is both an investment bank serving institutional customers and a consumer bank providing credit cards, personal loans and payment services. The US arm's common equity tier 1 capital ratio is projected to never go below 9.4% over the nine quarters from the fourth quarter of 2025 even in the case of rising US unemployment, declining economic output, falling property prices, and other stresses set by the US central bank test. This compares to the regulatory minimum of 4.5%. Major US banks, including JPMorgan Chase & Co, Goldman Sachs Group Inc, Morgan Stanley and Wells Fargo & Co similarly passed the Fed stress test and announced plans on Wednesday to increase dividends as a result. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The FTSE 100 rose on Monday, and the pound made headway, as UK Prime Minister Keir Starmer confirmed he was stepping down and as talks between the US and Iran appeared to make progress. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Stocks posted modest gained on Wednesday, after better-than-hoped inflation data, and as investors eye interest rate decisions in the US and UK. Read More
(Alliance News) - Stock prices in London were little changed at midday on Wednesday, with investors digesting easing oil prices and steady UK inflation, while awaiting the Federal Reserve's interest rate decision later in the day. Read More
(Alliance News) - The FTSE 100 made strong progress on Tuesday as oil fell further amid growing confidence in the US-Iran peace process. Read More
(Alliance News) - The FTSE 100 ended the week on the front foot as Iran claimed a deal with the US has "never been closer", while investors were glued to dealing screens as trading in SpaceX kicked off. Read More
(Alliance News) - Stock prices in London were sharply higher at midday Friday, with airline stocks leading gains after reports of progress towards a deal to reopen the Strait of Hormuz sent oil prices tumbling and boosted risk appetite across global markets. Read More
(Alliance News) - Barclays PLC on Friday said it will acquire the money management platform GoHenry Ltd, whose target market is children aged six to 18. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - The UK economy contracts 0.1% in April, Flutter Entertainment says it will delist from the London Stock Exchange in August, while Alternative Income REIT's largest shareholder makes a takeover bid. Read More