(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans. Read More
(Alliance News) - Clipper Logistics PLC on Tuesday said the acquisition by GXO Logistics Inc is complete, following the sanction of the scheme by the High Court of Justice in England & Wales on Friday. Read More
Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Says the High Court of Justice in England & Wales sanctioned the scheme for its takeover by Clipper by GXO Logistics Inc, leading to the cash and share offer from GXO being implemented. Says the scheme will become effective but remains conditional on the delivery of the court order to the Registrar of Companies. Expects this to take place on Tuesday next week. Read More
Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - GXO Logistics Inc waives clearance by the UK Competition & Markets Authority as a condition for its takeover offer for Clipper to complete. GXO notes that the CMA has issued an initial enforcement order to ensure that Clipper continues to be run independently from GXO until the watchdog's review of the acquisition has been completed. Read More
GXO Logistics Inc - Connecticut, US-based warehousing and distribution firm - Says the president of the Polish Office of Competition & Consumer Protection decided to approve the acquisition of Clipper Logistics PLC on terms "reasonably satisfactory" to GXO. Adds that the approval is unconditional. Notes that the completion of the acquisition remains dependent on the remaining conditions set out in the scheme document. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review. Read More
Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Agrees to takeover by Connecticut, US-based warehousing and distribution firm GXO Logistics Inc for GBP965 million in cash and shares. Read More
(Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next week's quarterly UK index review, airline easyJet PLC could once again fly into the FTSE 100 index, with veterinary products company Dechra Pharmaceuticals PLC bumped out in the process. Read More
(Alliance News) - Worries over Ukraine dominated once more at the start of the week, with the FTSE 100's morning gains giving way to risk-off trade in the afternoon on doubts over a summit between Russia and the US. Read More
(Correcting that BATM Advanced Communications shares did not hit 12-month high on Monday and are 60% off the 12 month high.) Read More
(Alliance News) - Stock prices in London turned lower at midday on Monday after conflicting statements about plans for a US-Russia summit to discuss Ukraine, dousing an earlier wave of optimism. Read More
(Alliance News) - Clipper Logistics on Monday said it has agreed to be acquired by Connecticut, US-based warehousing and distribution company GXO Logistics Inc for GBP941 million in cash and shares. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
TRADING UPDATES: Seraphine and Clipper's momentum builds as sales rise Read More
TRADING UPDATES: Somero ups guidance; Dev Clever wins China contract Read More
UK earnings, trading statements calendar - next 7 days Read More
Clipper Logistics to acquire CE Repair for up to EUR17.5 million Read More