LONDON BROKER RATINGS: Deutsche Bank, Deutsche Numis raise GlobalData
1st May 2025 09:33
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The FTSE 100 extended its winning run to twelve on Tuesday despite mixed earnings and more weak US economic data. Read More
(Alliance News) - Stocks were called higher on Tuesday, while new UK reports showed that UK food price inflation accelerated in April, retail HR directors expect a new Employment Rights bill to dent hiring, and rents both in and outside London continue to rise. Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, ahead of the pending US trade and consumer confidence data. Read More
(Alliance News) - HSBC Holdings PLC on Tuesday reported a drop in profit for the first quarter and announced a new share buyback programme while slashing its dividend. Read More
NCC Group PLC - Manchester, England-based cybersecurity company - Agrees a new four-year GBP120 million multi-currency revolving credit facility with a GBP50 million uncommitted accordion option, provided by a syndicate of National Westminster Bank PLC, HSBC UK Bank PLC, Barclays Bank PLC and Santander UK PLC. This replaces NCC's previous GBP162.5 million facility, which was due to expire December 22, 2026. The new facility will expire April 28, 2029. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The FTSE 100 extended its winning streak to nine days, its best run since 2019, as investors weighed earnings and the latest developments in global trade talks. Read More
(Alliance News) - The FTSE 100 closed higher on Wednesday, as hopes rose that an all-out trade war between the US and China could be avoided. Read More
(Alliance News) - Three quarters of UK manufacturing and logistics firms are bracing for a hit from US tariffs, with many putting the brakes on investment plans in a blow to the government's growth ambitions, new data reveals. Read More
(Alliance News) - Helical PLC on Friday said it has agreed the forward sale of 100 New Bridge Street in London for GBP333 million and reported "significant activity" across its portfolio ahead of full-year results next month. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Manolete Partners PLC - Buckinghamshire, England-based insolvency litigation financing firm - Signs new revolving credit facility with HSBC UK Bank PLC for the same level of GBP17.5 million as its previous arrangement, but with a reduced margin charged. Says the margin charged on the new RCF is 4.0% over the Sterling Overnight Index Average. Previously this was 4.7%, says Manolete. Notes that the new facility has a reduced non-utilisation fee of 1.40%, down from 1.88%. Adds that it is a 3.25-year facility with an initial maturity of June 27, 2028, with the option to extend by a year. Chief Executive Steven Cooklin says: "We are delighted to have secured a new long-term commitment to the business from HSBC, which is testament to the strong partnership we have established since 2018. The improved terms of the facility demonstrate confidence in the Manolete business." Read More
(Alliance News) - Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
WH Smith PLC - Swindon, England-based retailer - Completes issue of GBP200 million US private placement notes and secures a three-year, GBP120 million bank term loan. Says it issued USSP notes on investment grade terms, with maturity of 7, 10 and 12 years. Notes that its bank term loan has 2 uncommitted extension options, which could see it extend to four and five years. Adds that it is being provided by a syndicate of lenders including Fifth Third Bank National Association, HSBC UK Bank PLC, Banco Santander SA and Skandinaviska Enskilda Banken AB. Also retains existing GBP400 million revolving credit facility which matures in 2029, with one-year extension option. Chief Financial Officer Max Izzard says: "We are pleased to have successfully completed our refinancing, which includes our first US Private Placement and a new bank term loan. The refinancing strengthens our balance sheet, extends our debt maturity profile, and diversifies our capital structure. It also gives the group access to a new debt investor base in the future, and we are pleased to have the continuing support of our banking partners." Read More