(Alliance News) - Stock prices in Europe were lower on Tuesday afternoon, as sentiment continues to to-and-fro between risk-on and risk-off, with remarks from central bankers in focus. Read More
(Alliance News) - Digital 9 Infrastructure PLC on Monday said it was launching a strategic review after announcing the sale of its stake in the Verne Group for up to USD575 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading. Read More
(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price. Read More
Digital 9 Infrastructure PLC - invests in infrastructure of internet, including subsea and terrestrial fibre, data centres, and wireless networks - Says the board is considering divesting its entire stake in the Verne Global Ltd group of companies, following a shareholder consultation looking to maximise value for its shareholders. Says it has received indicative offers from interested parties to syndicate a majority stake in Verne Global to an unnamed "strategic capital partner", with executed terms expected to be announced in the fourth quarter of 2023. Says compared with the syndication, the board believes the proposed transaction would enable the company to "accelerate its balance sheet deleveraging, deliver the cash resources necessary for the company and group to strengthen their position, and further maximise shareholder value". Says it will provide a further update in "due course". Read More
(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Friday, as investors wait for a key US inflation reading. Read More
(Alliance News) - Equities in London ended higher on Tuesday, outperforming European peers as interest rate sensitive stocks shone after favourable UK wage data took some pressure off the Bank of England. Read More
(Alliance News) - London's FTSE 100 higher was higher around midday, though it was defensive stocks such as utilities and pharmaceuticals which led the charge, suggesting there is still lingering discomfort in markets amid tensions in the Middle East. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, buoyed by an improvement in wider market sentiment amid potential diplomatic developments in the Middle East, as well as encouraging signs wage inflation pressures are easing in the UK. Read More
Digital 9 Infrastructure PLC - invests in infrastructure of internet, including subsea and terrestrial fibre, data centres, and wireless networks - Retains Goldman Sachs International as a financial adviser to support the development of "a set of actions focused on maximising shareholder value". Says the move follows a consultation with shareholders after some had given feedback about the company's dividend policy and "future direction". Says a further announcement will be made "in due course". Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - London's FTSE 100 managed to push into the green on Thursday, though it fell short of the more convincing gains by European peers, which recovered some poise after a difficult week so far. Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday as elevated oil prices added fuel to inflationary fears and supported the higher for longer narrative around global interest rates. Read More
(Alliance News) - Digital 9 Infrastructure PLC on Thursday withdrew its dividend target as it turned to an interim loss, citing soft UK consumer confidence and high inflation. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Digital 9 Infrastructure PLC on Tuesday said its portfolio continues to meet expectations and reported progress on its attempts to remedy its share price discount, "optimise the capital structure" and strengthen its balance sheet. Read More
Digital 9 Infrastructure PLC - London-based investor in digital infrastructure - Sixth Street Partners LLC and DGP Capital Management Ltd confirm they do not intend to make an offer for Digital 9. Sixth Street made announcement on behalf of certain affiliated investment funds or vehicles, and in response to "recent market speculation". Read More