(Alliance News) - Edinburgh Investment Trust PLC on Tuesday said it benefited from strong performances by NatWest Group PLC, Tesco PLC and Baltic Classifieds Group PLC over the past six months, as UK consumer-exposed stocks performed "strongly". Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - London's FTSE 100 closed higher on Monday as gains in UK high street banks helped halt a recent run of losses. Read More
(Alliance News) - Stock prices in London were higher midday on Monday as concerns about the impact of Donald Trump's tariff policies receded. Read More
NatWest Group PLC - Edinburgh, Scotland-based bank - NatWest buys back GBP1 billion worth of its shares from HM Treasury, as the UK government continues to sell down its stake in the lender. NatWest buys 262.6 million shares, a 3.2% stake, at 380.8 pence each, the stock's closing price on Friday in London. The government now has a 12% stake in NatWest, having owned 84% following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, HM Treasury held a 62% stake in NatWest, but it has been selling this down progressively since. NatWest said it will cancel all the repurchased shares. It continues to target a CET1 ratio of 13% to 14%. Read More
(Alliance News) - J Sainsbury PLC on Thursday said profit dropped more than 70% in the first half of its most recent financial year, due to divisional restructuring costs. Read More
(Alliance News) - London's FTSE 100 clung onto modest gains on Monday, closing well below early highs, as investors eye the US election and central bank decisions this week. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - European equities were weaker on Thursday, with the mood uncertain following the UK budget, underwhelming earnings from both sides of the Atlantic and ahead of a US inflation reading in the afternoon. Read More
NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 14.8% on Wednesday from just under 16%, NatWest says in a stock-market filing on Thursday. The lower stake follows the UK Treasury's sale of 98.8 million NatWest shares, worth about GBP365 million, since its last notification on October 9. The share sales are part of the trading plan that has been in place for the past three years. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since. Read More
(Alliance News) - J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for GBP720 million, creating a partnership with buyer NewDay Group. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - London's FTSE 100 fell on Friday as fears that a car finance probe may cost more than thought threw a spanner in the works at Lloyds Banking Group, Barclays and Close Brothers. Read More
(Alliance News) - The FTSE 100 posted modest losses around midday on Friday as investors adopted a wait-and-see approach ahead of next week's budget. Read More
(Alliance News) - London's FTSE 100 tread water in early trade, despite some impetus from NatWest, which rose after it lifted annual guidance. Read More
(Alliance News) - NatWest Group PLC on Friday lifted its annual guidance, and its third-quarter earnings beat consensus. Read More
(Alliance News) - London's FTSE 100 is called to open slightly higher on Friday, but is still set for a weekly loss as equities have been held back by US interest rate and election uncertainty, as well as some pre-UK budget nerves. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More