LONDON BROKER RATINGS: Berenberg ups miners; UBS ups Phoenix, cuts M&G
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices across Europe opened higher on Monday, as markets head into a busy week for central bank decisions. Read More
(Alliance News) - HSBC Holdings PLC on Monday received support for its planned buy out of minority investors in Hong Kong lender Hang Seng Bank Ltd. Read More
(Alliance News) - Hikma Pharmaceuticals announces the departure of its chief executive, while Elementis completes a GBP40 million buyback and Filtronic secures a major defence contract. Building society Nationwide forecasts steadier UK house price growth in 2026. Read More
Chesnara PLC - Preston, England-based life and pensions consolidator - Says it has secured UK regulatory approval for its proposed GBP260 million acquisition of HSBC Life (UK) Ltd. The deal was first announced in July and is now expected to complete at the end of January 2026. The company says work will progress toward closing the transaction following the approval. Read More
(Alliance News) - Stock prices in London were higher midday on Friday, after the UK's Office for National Statistics announced that the economy shrank in October. Read More
(Alliance News) - HSBC UK has extended its "branch promise", guaranteeing its 327 branches will stay open until at least 2027. Read More
(Alliance News) - The FTSE 100 outperformed European peers on Wednesday as markets weigh future interest rate expectations ahead of the Federal Reserve's decision later in the day. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London opened largely flat on Wednesday and lagged a rally in Europe, as J Sainsbury was hit after the Qatari sovereign wealth fund sold some of its stake. Read More
(Alliance News) - HSBC promotes its interim chair to the permanent position, Smiths Group agrees to sell Smiths Detection at an enterprise value of GBP2.0 billion and Paragon Banking raises its total dividend. Read More
(Alliance News) - Stocks in London are set to open marginally higher on Wednesday, after HSBC Holdings PLC promoted its interim chair to the permanent position after a long search process. Read More
(Alliance News) - Brendan Nelson has been appointed group chair of HSBC Holdings PLC, the banking firm said. Read More
(Alliance News) - Stock prices in London were mixed at midday on Tuesday, with bank gains helping to steady the market. Read More
(Alliance News) - Stock prices in London opened slightly higher on Tuesday, with bank shares offering early support as European markets nudged upward. Read More
(Alliance News) - The Bank of England on Tuesday lowered its estimate of how much capital UK banks require after the country's seven largest lenders passed its latest stress test. Read More
(Alliance News) - UK house price inflation eases in November but edges higher month-on-month, Nationwide says, while Endeavour Mining sets a five-year target to discover up to 15 million ounces of new resources. Read More
HSBC Holdings PLC - London-based bank focused on Asia - HSBC receives a series of consents from the Hong Kong government required to complete its proposed acquisition of the remainder of subsidiary Hang Seng Bank Ltd. Back in October, HSBC offered to buy out minority shareholders in the Hong Kong-listed lender. HSBC offered HKD155, around USD19.92, per share for the 37% of Hang Seng Bank it does not already own. The offer values Hang Seng Bank at HKD290.31 billion, and HSBC's holding at HKD106.16 billion, or USD13.62 billion. Hang Seng Bank shares closed at HKD152.00 on Thursday. The consents relate to dealings in structured products, agency securities lending, market-making in Hang Seng Bank shares, management of passive index-tracking funds, and dealings as executor and discretionary trustee of a deceased's estate. HSBC separately says the scheme document for the acquisition will be issued by December 17. Read More
Harworth Group PLC - Rotherham, South Yorkshire-based regenerator of land for sustainable development - Signs a new GBP275 million revolving credit facility with existing lenders, replacing its existing GBP240 million facility. It includes an uncommitted accordion option that would take the RCF to GBP325 million, notes Harworth. It says it holds an improved margin of 200 basis points over the sterling overnight index average, or Sonia, and possesses an initial four-year term which can be extended to five years. Harworth notes the syndicate includes its existing relationship banks, NatWest Group PLC, Banco Santander SA and HSBC Holdings PLC, with the potential to add more lenders. Adds that the new facility extends its debt maturity by around two and a half years. Read More