(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Fermi Inc on Wednesday said three Siemens Energy AG natural gas turbines have arrived at the Port of Houston for its Project Matador development in Texas, marking a milestone in the build-out of what it expects to become the largest combined-cycle natural gas project in the US. Read More
Fermi Inc - Texas-based real estate investment trust, focused on data centres - Prices USD375 million in convertible senior notes due 2031 with a 5.00% coupon. The buyers of the notes, which Fermi calls qualified institutional buyers under US law, also will be given the option to buy up to an additional USD56.3 million in notes. The initial conversion price of the notes into shares is set at USD9.52, a premium to Fermi's market price. Fermi also notes that the effective conversion price will be USD14.64, as a result of options agreements it has entered with financial institutions that cover the shares underlying the convertible notes. This will limit the dilution to existing shareholders from the convertible note issue, Fermi says. The company will use the proceeds from the convertible note offer to pay the cost of these "capped call" option contracts and for "general corporate purposes". Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with takeover activity lifting Vodafone and easyJet, while investors continued to monitor developments in the Middle East after shipping traffic through the Strait of Hormuz slowed sharply. Read More
(Alliance News) - Fermi Inc on Tuesday said that former Chief Executive Toby Neugebauer's "proxy campaign" to call a special meeting had ended, and that the company's priorities remained on track. Read More
(Alliance News) - Fermi Inc on Tuesday said it has selected Primoris Energy Services, of Primoris Services Corp, for "balance of plant" engineering and construction on the facility powering its Project Matador campus. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - Fermi Inc on Monday claimed former Chief Executive Officer Toby Neugebauer has made "more false claims and inaccurate statements" as it urged investors reject his consent solicitation. Read More
(Alliance News) - Fermi Inc on Monday urged its shareholders to stand by its board as it works to regain commercial momentum and customer engagement, in response to former Chief Executive Officer Toby Neugebauer's attempt to take control. Read More
(Alliance News) - Fermi Inc on Monday said it has filed a preliminary consent revocation statement in response to a challenge by co-founder and former chief executive officer Toby Neugebauer. Read More
(Alliance News) - Fermi Inc on Thursday said tenant engagement has improved and active discussions are ongoing regarding its energy and data centre campus, Project Matador. Read More
(Alliance News) - Fermi Inc on Wednesday responded to two SEC filings from its former chief executive Toby Neugebauer, noting the proposals represent an attempt to take control of the board and company. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday: Read More
(Alliance News) - The FTSE 100 was called higher on Wednesday, after US President Donald Trump paused his 'Project Freedom', the military operation to escort ships through the Strait of Hormuz, and said that "great progress has been made toward a complete and final agreement" with Iran. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Toby Neugebauer on Wednesday called the company's decision to remove him from the board "completely misguided," after he stepped down as chief executive last week. Read More
(Alliance News) - Fermi Inc on Friday said it has terminated the contract of co-founder and former chief executive Toby Neugebauer, due to conduct which violated its terms. Read More
(Alliance News) - UK house price growth accelerated in April, while NatWest reported stronger first-quarter profit and income, and Santander completed its acquisition of TSB to expand its position in the domestic market. Read More
(Alliance News) - Fermi Inc on Monday appointed a new chair as it noted that both Chief Executive Toby Neugebauer and Chief Financial Officer Miles Everson are stepping down from their roles. Read More
The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More