LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'
2nd Dec 2022 09:38
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - London's FTSE 100 is set to round off a quiet week with a marginal rise on Friday, as traders in New York return to desks for an abbreviated session. Read More
(Alliance News) - NextEnergy Solar Fund Ltd on Monday said it was optimistic about the performance of its portfolio in the context of residual headwinds from a volatile domestic energy market. Read More
(Alliance News) - The UK's autumn budget confirmed the government will slash its tax surcharge on the banking sector to 3% from 8%. Read More
(Alliance News) - London's FTSE 100 made a stellar recovery in the final hours of trading after suffering early afternoon malaise in the wake of the Chancellor's autumn statement. Read More
Permanent TSB Group Holdings - Dublin-based personal and small business bank - Says wholly-owned subsidiary Permanent TSB PLC completes acquisition of Ulster Bank Ireland DAC's performing non-tracker residential mortgage business. Portfolio acquired comprises loans with value of EUR6.2 billion. EUR5.2 billion to be migrated on Monday. Remaining EUR1 billion expected to migrate in second quarter of 2023, no later than fourth quarter of 2023. Permanent TSB will receive around 56,000 mortgage customers connected to around 36,000 accounts. The transaction has increased the size of Permanent TSB's mortgage book by approximately 40%. Read More
NatWest Group PLC - Edinburgh-headquartered bank - Completes pricing of USD1.50 billion 7.472% senior callable fixed-to-fixed reset rate notes due 2026. Says proceeds of USD1.50 billion, before expenses and underwriting discounts, to be used to fund general banking business. Offer scheduled to close next Thursday. Read More
(Alliance News) - Ireland's Central Bank Governor has indicated that it could take measures to delay the withdrawal of two banks from the Irish market as customers face difficulties in making the switch to new providers. Read More
(Alliance News) - Accsys Technologies PLC on Wednesday said it had acquired full ownership of Tricoya Entities in return for company shares, following a restructuring prompted by considerable delays at the Hull construction site. Read More
(Alliance News) - London's FTSE 100 ended solidly higher on Monday, closing out the month strongly despite trepidation elsewhere in global markets, as investors look forward to a key week for monetary policy. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - Stocks in London closed in the red on Friday, but clung on for week gains, as interest rate decisions from the Bank of England and the US Federal Reserve move into focus. Read More
(Alliance News) - NatWest Group PLC shares were rocked on Friday in London as the high-street bank upset investors with a sizable impairment for an expected uptick in bad loans. Read More
(Alliance News) - Stocks in Europe were attempting to reclaim some positivity in midday trade on Friday, while it remained a bleak picture on Wall Street after Amazon became the latest tech firm to upset investors. Read More
Allergy Therapeutics PLC - West Sussex-based commercial biotechnology company - Says it will resume production at Freeman facility in Worthing, UK on November 14. This follows a short-term voluntary pause as it reviewed its operating processes. Says the pause was planned, to help improve "robustness" of quality systems and build capacity. It was then accelerated when the firm realised capacity could not cope with commercial demand. "The pause in manufacturing occurred during a period of peak production prior to the start of the pollen season in the spring," it says. Consequently, it estimates revenue will be around 13% to 18% lower than market expectations of around GBP80 million, for the year to June 30. Read More
(Alliance News) - It was a tough start to the day on Friday for equities in Europe, taking a lead from a dire session in Asia, as continued disappointing tech earnings in the US tested investor sentiment. Read More
(Alliance News) - NatWest Group PLC on Friday reported strong income growth in the third quarter, boosted by both increased lending and higher interest rates, but the bank warned it is keeping a close on eye on any change in behaviour from its customers. Read More
(Alliance News) - Stocks in London look set to end the week on the back foot on Friday, following an as-expected rate hike from the European Central Bank but better-than-expected economic growth in the US. Read More
(Alliance News) - Barclays PLC will issue its third quarter figures next Wednesday, with investors keen to hear from the lender amid the increased political volatility the UK which has set the country on course for a recession and decades-high inflation. Read More