(Alliance News) - London stocks were set to open higher on Wednesday morning, with UK Prime Minister Keir Starmer flying to the US for talks with Donald Trump. Read More
(Alliance News) - Coca-Cola Europacific Partners PLC and THG PLC are set to join the FTSE 100 and FTSE 250, after both changed listing arrangements, while John Wood Group PLC's share price slump means an exit from the mid-cap index is likely. Read More
(Alliance News) - Essentra PLC on Tuesday said it expects to post a decline in both profit and revenue for 2024, as it contended with "softening" end-market activity and unfavourable foreign exchange rates. Read More
Essentra PLC - Oxford, England-based manufacturer and distributor of plastic injection moulded, vinyl dip moulded and metal components - Confirms that former Chief Financial Officer Jack Clarke stepped down from the board on December 31. Clarke was succeeded in the CFO role by Rowan Baker in November, who was formerly CFO of Laing O'Rourke PLC and McCarthy Stone PLC. Read More
Essentra PLC - Oxford, England-based manufacturer and distributor of plastic injection moulded, vinyl dip moulded and metal components - Group revenue falls 2.3% at constant currency in the group's third quarter that ended September 28, whilst like-for-like revenue falls 5.8%. Like-for-like revenue was offset by a 3.5% positive revenue contribution from the BMP SRL acquisition completed in October 2023. Revenue fell due to "softening trading conditions" in Europe, the Middle East & Africa, whilst the US saw "slower than originally anticipated levels of recovery". The Asia-Pacific region delivered "modest levels of growth, driven by a number of commercial business wins in faster-growing end-markets from our China export business to the rest of Asia and the Middle East". Read More
Capita PLC - London-based outsourcing and professional services company - Announces that the outgoing chief financial officer of Oxford, England-based components company Essentra PLC, Jack Clarke, has joined its board on Wednesday as non-executive director. Clarke will step down as Essentra CFO in March, Capita says. From 2014 until 2021, Clarke served as CFO of Yorkshire, England-based landscaping products maker Marshall's PLC. Read More
Essentra PLC - Oxford, England-based components company - Chair Designate & Non-Executive Director Steve Good acquires 70,000 shares at 142.6 pence on Wednesday in London, for GBP99,820 in total. At the same time Chief Executive Officer Scott Fawcett bought 10,479 shares at 142.3p for around GBP14,912, and Chief Financial Officer Jack Clarke bought 8,710 at 142.64p for approximately GBP12,425. Read More
(Alliance News) - London's FTSE 100 climbed on Tuesday as hopes grew for a jumbo-sized interest rate cut across the pond, and data showed the US economy continues to hold up well. Read More
(Alliance News) - Stock prices in Europe were solidly higher on Tuesday, with the growing belief that the Federal Reserve will enact a 50 basis point rate cut putting markets firmly in a risk-on mood. Read More