AIM WINNERS & LOSERS: Gear4music plans upgrade to full-year guidance
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - European stocks opened higher on Friday, as average UK house prices reach a record high and UK retail sales improved despite the looming autumn budget causing consumer uncertainty. Read More
(Alliance News) - Peel Hunt Ltd shares jumped on Friday as it said it expects to deliver full year results ahead of market expectations. Read More
(Alliance News) - London's FTSE 100 opened slightly higher on Friday, as a UK retail sales reading outperformed market expectations and UK average house prices reached a new record high. Read More
Peel Hunt Ltd - London-based investment bank and stock broker - Reports "strong start" to its financial year that began on April 1, as market conditions improve. Peel Hunt is holding its annual general meeting on Thursday afternoon in London. It tells shareholders that first-quarter revenue was "comfortably ahead" of a year before, which it notes was a strong comparison period. "We have seen higher revenue generation in our Institutional and notably our Execution Services businesses, together with a significant contribution from M&A transactions," Peel Hunt says. It has a "strong pipeline" of merger and acquisition transactions that should complete in the second half of its financial year, which ends March 31 next year, "should market conditions be supportive". The broker says that, while it remains to be seen whether there is a pick-up in equity issuance and initial public offerings in London, "investor confidence appears to be increasingly resilient". Peel Hunt says it is set to open an office in Abu Dhabi, adding to offices in New York and Copenhagen, to increase its international distribution network. Read More
(Corrects the index for Peel Hunt, which is AIM-listed.) Read More
(Alliance News) - Stock prices in London were in the green at midday on Monday, as the conflict between Iran and Israel continues to drive oil prices higher. Read More
(Alliance News) - Peel Hunt Ltd on Monday announced an increased loss amid a low number of companies admitting their shares on the London Stock Exchange via an initial public offering. Read More
(Alliance News) - European blue chips remained in the green at midday on Friday, as the EU remains committed to reaching a trade deal with the US and investors look to a US core personal consumption expenditures reading in the afternoon. Read More
Peel Hunt Ltd - London-based broker and investment bank - Announces that Chief Financial & Operating Officer Sunil Dhall has informed the board of his decision to leave the company after 16 years in the role. Dhall will stand down from the board at the annual general meeting on July 3, and remain in place until then to "ensure a smooth handover of duties". Also at the AGM, Peel Hunt says Chief Corporate Officer & General Counsel Michael Lee will join the board as chief operating officer, and Group Head of Finance Billy Neve will also be appointed to the board as group finance director. Read More
Peel Hunt Ltd - London-based broker and investment bank - Set to raise up to GBP4.5 million in an equity offer led by Augmentum Fintech PLC. Peel Hunt says the amount includes a GBP500,000 raise announced last month. It says GBP3.1 million of the raise already has been completed, with most of the remainder awaiting only regulatory approval. Peel Hunt won't take part in the raise, so its stake in RetailBook Holdings Ltd will fall below 50%, in line with its plan for RetailBook to be an independently owned and managed "industry utility". RetailBook gives retail investors access to new share issues by London-listed companies. Read More
(Alliance News) - Peel Hunt Ltd on Tuesday said it expects to post an annual loss smaller than market expectations, despite a challenging second half of its financial year due to sluggish UK market conditions. Read More
(Alliance News) - London's FTSE 100 is called to open higher, recovering some lost ground on the eve of a key day as far as US tariffs go. Read More
Keller Group PLC - London-based geotechnical engineering firm - Begins multi-year share buyback programme with an initial tranche of GBP25 million, split equally between Investec PLC and Ltd and Peel Hunt Ltd. Says programme follows strong 2024 performance and balance sheet strength, with net debt being reduced by 80% year-on-year to GBP29.5 million. Buyback will run through September and complements a 10% dividend increase for 2024. Chief Executive Officer Michael Speakman says the share buyback reflects the "attractive capital allocation options" available to the group. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Kingfisher PLC - London-based home improvement products retailer - Hires Lucinda Riches to be non-executive director from January 1. She is the current chair of Greencoat UK Wind PLC and of Peel Hunt Ltd. Greencoat UK Wind is an investor in wind farms, while Peel Hunt is a broker and investment bank. Kingfisher says Riches will be stepping down from one of her other positions with listed companies during 2025, but it doesn't say which one. Riches is a non-executive director at Ashtead Group PLC, and the industrial equipment rental provider this week said it will move its primary listing to New York from London. Read More
(Correcting spelling of Steven Fine) Read More
(Alliance News) - Stock prices in London were a touch higher on Friday, with the FTSE 100 more or less treading water, as trade lacked conviction on a combination of end of month calm and a lack of impetus from New York as markets there only re-open for a shortened trading day. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More