(Alliance News) - Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data across the pond, as falls in oil majors BP and Shell weighed. Read More
(Alliance News) - European equities pushed higher on Friday, with eyes on a US inflationary gauge published in the afternoon, as investors expect the Federal Reserve to cut next month. Read More
Big Yellow Group PLC - Bagshot, Surrey-based self-storage site operator - Alternative asset manager Blackstone Inc confirms it does not plan to make an offer for Big Yellow, which on Thursday had said talks with a Blackstone unit over a possible bid had ended. Big Yellow had said Blackstone Europe, part of the New York-based private equity investment manager, had updated the company on the status and valuation level of a possible offer. Big Yellow said after consideration, it has concluded that there is no basis for continuing discussions with Blackstone, adding the put-up or shut-up deadline of December 8 will not be extended. Read More
(Alliance News) - Stock prices in Europe opened in the green on Friday, but much like New York overnight, trade in London lacked a spark as investors look ahead to next week's US Federal Reserve decision. Read More
(Alliance News) - BAT has generated GBP315 million in proceeds from the sale of shares in an investee, Unilever's ice cream arm is to debut on the stock exchange next week, while Ocado is to receive a one-off payment from partner Kroger which last month announced warehouse closures. Read More
(Alliance News) - Big Yellow Group PLC on Thursday said talks with Blackstone Europe LLP regarding a possible bid had ended. Read More
(Alliance News) - Big Yellow Group PLC on Wednesday said it expects its annual rates bill to jump by nearly GBP2 million following a new business rates system announced in the UK government budget. Read More
(Alliance News) - Blackstone Inc is close to withdrawing its interest in Big Yellow Group PLC, as a bid deadline looms, Sky News reported on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Big Yellow Group PLC on Monday reported a modest increase in half-year revenue supported by higher rental income while cost savings helped drive adjusted profit upwards. Read More
Big Yellow Group PLC - Bagshot, Surrey-based self-storage site operator - Agrees to extend the deadline for funds managed by Blackstone Europe LLP to announce a firm intention to make a takeover offer to December 8 from end-of-day Monday. The later put-up-or-shut-up date pushes the decision after the presentation of the UK government budget on November 26. This is expected to include a variety of tax increases to close the central government deficit. Big Yellow says the private equity investment manager, part of New York-based Blackstone Inc, is only at a "preliminary stage" of evaluating an offer. Among factors it is considering is "the macro-economic environment including the potential impact of the upcoming UK budget as it relates to the self-storage sector", Big Yellow says on Monday repeating comments made when Blackstone first confirmed its interest last month. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Anglo American expects to meet 2025 guidance, Barclays buys a US personal loan origination platform, while C&C Group's interim profit rises. Read More
(Alliance News) - The FTSE 100 recouped some of Friday's hefty losses, while gold soared once more, as Donald Trump dialled down his rhetoric in the trade spat between the US and China. Read More
(Alliance News) - Big Yellow Group PLC said it has held meetings with "a small number of parties" that could lead to a takeover offer, as Blackstone Europe LLP confirmed it is a potential bidder. Read More
(Alliance News) - Blackstone Europe LLP on Monday confirmed it is considering a cash takeover offer for Big Yellow Group PLC, as Tritax Big Box REIT PLC said it has agreed to buy a large UK logistics warehouse portfolio from Blackstone. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Big Yellow Group PLC on Monday said it has bought a freehold property for GBP10.8 million, with plans to develop a new East London storage facility. Read More
(Alliance News) - BT announces representatives from Bharti have been added to its board amid a "relationship agreement", AO World will kick off its first buyback and S4 Capital reduced its outlook again. Read More