(Alliance News) - London's FTSE 100 ended little changed on Thursday, outperforming European peers, as investors weighed an as expected interest rate cut by the European Central Bank. Read More
(Alliance News) - Bakkavor PLC on Friday said it has granted suitor Greencore PLC an extension to the deadline for it to make a firm takeover offer, as the convenience food making peers discuss a possible GBP1.2 billion bid. Read More
(Alliance News) - LondonMetric Property PLC on Thursday said it has acquired a long-let Marks & Spencer Group PLC logistics warehouse for a total of GBP74.0 million. Read More
J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury's annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director. Read More
(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
AEW UK REIT PLC - Leeds, England-based real estate investment trust - Announces completion of its purchase of a freehold high-street retail asset in Hitchen, an "affluent commuter town" north of London, for GBP10.0 million. Says the price reflects an "attractive" 8.31% net initial yield and a GBP213 per square foot capital value. Property provides 46,905 square feet of space across 12 retail units and an office building. AEW says the retail units "are fully let to a strong line-up of 12 tenants, with recent leasing activity evidencing the strength of the location". Tenants include Marks & Spencer PLC, Next Holdings Ltd and Vodafone Ltd. AEW says the acquisition demonstrates its "swift and ongoing redeployment of sale proceeds from the recent disposal of Central Six Retail Park in Coventry, with a significant amount of the remaining proceeds also under exclusive negotiation". Read More
(Alliance News) - Law Debenture PLC on Wednesday said its investments in Rolls-Royce Holdings PLC and Marks & Spencer Group PLC performed well last year, as the investment trust's net asset value grew strongly. Read More
(Alliance News) - New post-Brexit labelling rules could see "gaps on shelves" in Northern Ireland by July, a Westminster committee has heard. Read More
(Alliance News) - The FTSE 100 faded into the close on Friday, ending little changed, as US markets fell amid soft economic data. Read More
(Alliance News) - Stocks in London traded lower around Friday lunchtime, with the blue-chip FTSE 100 Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Mulberry Group PLC on Thursday said festive trade was "satisfactory", despite a sales decline, as it appointed a new finance chief and announced a "brand refresh". Read More
(Alliance News) - London's FTSE 100 is called to open a touch higher on Thursday, ahead of a European Central Bank decision, and as investors digest a Federal Reserve pause. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stock prices in London opened mostly higher on Friday, amid reports that UK Chancellor Rachel Reeves plans to soften the government's proposed tax regime on 'non-doms'. Read More
(Alliance News) - The FTSE 100 reversed early falls to close higher on Thursday, buoyed by strong housebuilders which helped offset weak retailers after soft trading at Puma and Primark owner, AB Foods. Read More
(Alliance News) - LondonMetric Property PLC on Wednesday said it sold a number of non-core assets across the UK, as it looks to invest in higher-quality properties. Read More
(Alliance News) - Stock prices in London were in the green at midday on Tuesday ahead of producer price inflation data from the US, due out at 1330 GMT. Read More
(Alliance News) - Ocado Group PLC on Tuesday said it is confident to continue "market-leading" sales growth and volume momentum in the new financial year, as revenue for its joint venture with Marks & Spencer Group PLC, climbed comfortably in the fourth quarter of its financial year that ended in December. Read More