LONDON BROKER RATINGS: RBC cuts Endeavour Mining; JPM raises easyJet
(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) - The FTSE 100 fell on Thursday despite well-received earnings, but mid-caps extended their recent gains, lifted by advances by WPP and easyJet. Read More
Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics properties in the UK and managed by Tritax Management - Raises GBP350 million gross, as planned, from the equity offer the company announced on Wednesday. Tritax Big Box sells 213.4 million new shares, 7.9% of its total prior to the raise, at 164 pence per share in a placing, direct subscription and retail offer. Retail investors buy 6.4 million of these shares. Trot Holdings Ltd, which held an 8.6% stake prior to the raise, subscribes for GBP30 million worth of new shares but is scaled back to GBP3 million worth, Tritax Big Box says, to provide "new and existing high-quality investors further access to new shares". The share placing is run by Jefferies International Ltd, JP Morgan Cazenove, and Banco Santander SA. Read More
(Alliance News) - Stock prices in London were higher at midday on Thursday, with strong earnings from Diageo helping the FTSE 100 overcome pressure from a number of heavyweight stocks trading ex-dividend. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday. Read More
(Alliance News) - Persimmon reports higher first-half profit and completions despite challenging housing market conditions, while Metlen Energy & Metals posts record interim results and reaffirms guidance. Harworth, meanwhile, receives a GBP582.9 million cash takeover offer from Peel Holdings. Read More
(Alliance News) - Tritax Big Box REIT PLC on Wednesday announced a GBP350 million equity raise and left its second quarter dividend unchanged, as it reported a rise in first half rental income. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday. Read More
Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics properties in the UK and managed by Tritax Management - Six-week judicial review of the planning consent for the Manor Farm data centre development concludes successfully, Tritax says, allowing the company to move ahead on the 74-acre site in the 'Slough availability zone', near Heathrow airport. In addition to the planning consent, Tritax says it has secured an "accelerated pathway to power delivery", without providing specifics, saying this is a key differentiator for the 100 megawatt project, since power supply is a major constraint to data centre development. Once operational, the data centre is expected to provide a 9.3% yield on cost, the company says. Read More
(Alliance News) - The FTSE 100 closed higher on Wednesday as gains in property stocks and housebuilders offset a slump in mining stocks as metals prices fell. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(Alliance News) - Tritax Big Box REIT PLC on Friday said it had secured planning permission for the second phase of a logistics facility in the East Midlands. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(Alliance News) - Tritax Big Box REIT PLC on Wednesday reported a development management agreement with Tritax Management LLP to deliver a 125-megawatt data centre scheme at Chelmsford in Essex. Read More
(Alliance News) - UK consumer price inflation held steady in May while producer input inflation accelerated to its highest level in more than three years. On the corporate front, Tritax Big Box REIT agreed terms for a data centre project in Essex, and AO World proposed a further GBP20 million shareholder return after annual profit more than doubled. Read More
(Alliance News) - The FTSE 100 made steady progress on Wednesday, outperforming US and European peers, despite ongoing tension in the Middle East and accelerating US inflation. Read More
(Alliance News) - Tritax Big Box REIT PLC on Wednesday said the UK secretary of state for Housing, Communities & Local Government has approved its proposed data centre development near Heathrow Airport. Read More
(Alliance News) - Tritax Big Box REIT PLC on Wednesday noted a delay in receiving a UK government decision on its data centre plan. Read More
(Alliance News) - WH Smith lowers its profit guidance for a second time, Workspace Group cuts its dividend and swings to a full-year loss while Vodafone agrees to form a fibre joint venture in Greece. Read More