(Alliance News) - European stocks were higher at midday on Monday, following reports of accelerated business activity in the eurozone for a third consecutive month, and investor hopes for a more targeted approach from US tariffs. Read More
Conygar Investment Co - London-based property investment and development firm - Restructures debt facility in connection with development loan from Barclays PLC to its subsidiary. Says the restructuring extends the final repayment date of the loan to December 23 from Sunday. This enables further letting and stabilisation of Winfield Court, which it says was provided as security for the loan. Adds that the total facility amount reduces to GBP46.6 million from GBP47.5 million, with the interest rate margin payable falling to 2.0% from 3.25%. Says this will be offset by inclusion of a GBP500,000 exit fee. Read More
(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024. Read More
(Alliance News) - Pfizer Inc disposed of its entire residual stake in Haleon PLC, selling 662 million shares in the consumer health firm through a placing with institutional investments and a share buyback by Haleon. Read More
(Alliance News) - Pfizer Inc on Tuesday said it will sell its entire residual stake in Haleon PLC, offloading approximately 662 million shares in the consumer health firm through a secondary offering and a share buyback agreement with Haleon. Read More
(Alliance News) - European stocks were in the green at midday on Tuesday, with risk appetite "tentatively returning" ahead of a slew of central bank decisions later this week. Read More
(Alliance News) - The UK Financial Conduct Authority on Tuesday said it is no longer planning a further update on its review into past use of motor finance discretionary commission arrangements in May. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch retailer - Launches GBP25 million share buyback programme on Monday. The buyback will be conducted by Barclays Bank PLC and be completed December 3. Watches of Switzerland doesn't pay a dividend. It says it prioritises "investment for growth through showroom elevation, new projects and acquisitions" ahead of shareholder returns; however, it notes that, following a debt refinancing in December, it has GBP50 million liquidity headroom on its bank facility and surplus capital. Read More
(Alliance News) - Barclays PLC could pay out up to GBP12.5 million in compensation to customers affected by technology outages over the last two years, a new letter to MPs has revealed. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London opened mostly higher on Wednesday, ahead of composite purchasing managers' index reads from the UK and other regions and after China's beat consensus forecasts. Read More
(Alliance News) - International Workplace Group PLC on Tuesday reported "record" earnings for 2024, supported by demand for flexible workspaces, while maintaining a cautious outlook amid global uncertainty. Read More
(Alliance News) - CK Infrastructure Holdings Ltd is in talks with potential advisors to study a potential bid for UK waste management firm Viridor Ltd, Bloomberg reported on Saturday. Read More
(Alliance News) - Nationwide Building Society and First Direct have both confirmed issues with their online banking systems on Friday morning, leaving many customers without access to funds on payday. Read More
(Alliance News) - Stocks in London closed higher on Wednesday, led by gains in financials, despite a drop in BP as a much-awaited strategy update underwhelmed. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The FTSE 100 faded into the close on Friday, ending little changed, as US markets fell amid soft economic data. Read More
(Alliance News) - Stocks in Europe started the day mixed on Friday, with the FTSE 100 set for a weekly decline, in largely lifeless trade to kick off the final day of the week as eyes turn to PMI readings in Europe and beyond. Read More
Associated British Foods PLC - London-based retailer and food maker - Starts on Friday the GBP250 million second tranche of a GBP500 million share buyback programme launched in November. The second tranche will be run by Barclays Capital Securities Ltd, while the first was conducted by UBS AG. It will be completed by August 21, AB Foods says. Read More