(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 little changed as investors digested geopolitical developments around UK-China relations and heavy flow of European economic data, while Asian markets closed lower. Read More
(Alliance News) - AstraZeneca unveils an up-to-USD3.5 billion obesity-drug collaboration with CSPC, and LSEG signs a strategic cooperation pact with ICBC during UK Prime Minister Keir Starmer's visit to China, while Airtel Africa posts strong nine-month growth. Read More
McBride PLC - Manchester, England-based private-label products manufacturer - Starts on Monday the GBP20 million share buyback it announced late last month. McBride says a GBP10 million first tranche of the buyback will be completed by April 30. The first half of the tranche will be run by Investec Bank PLC and the second by Peel Hunt LLP. Up to 8.7 million shares will be purchased, and all of these will be cancelled. Read More
(Alliance News) - Peel Hunt Ltd on Monday said overall activity remains "significantly" below historical averages despite reporting a markedly improved half-year financial performance. Read More
(Alliance News) - London Stock Exchange Group PLC Chief Executive Officer David Schwimmer is leading an industry call for Chancellor Rachel Reeves to introduce new incentives in the upcoming budget to boost pension fund investment in UK equities, Sky News reported on Thursday. Read More
Hiscox Ltd - Bermuda-based insurance provider - Completes first tranche of share buyback programme, spending USD137.5 million to repurchase 8.2 million shares between February 27 and this past Friday. The second USD137.5 million tranche of the USD275 million programme begins on Monday and will be completed by the end of the first quarter of 2026. The first tranche of the buyback was run by Peel Hunt LLP, and the second tranche will be run by Citigroup Global Markets Ltd. Read More
Peel Hunt Ltd - London-based investment bank and stockbroker - Revenue in the six months that ended on Tuesday is about GBP73.8 million, up 37% from GBP53.8 million a year before, as Peel Hunt grows its FTSE 350-listed client base to 57 companies from 32 at the time of its initial public offering in London in 2021. Peel Hunt also cites its investment in distribution capabilities and technology. At the same time, a reduction of fixed costs will be "reflected in the profitability of the group over this financial year". Peel Hunt will release its full interim results on December 1. Read More
WAG Payment Solutions PLC - London-based firm known as Eurowag providing payments and mobility platform for the European commercial road transport industry - Bock Capital EU Luxembourg WAG Sarl, an affiliate of TA Associates Management LP, sells 61.0 million Eurowag shares at GBP0.92 each, worth GBP56.1 million, a little more than the GBP50 million offering announced after the London market close on Wednesday. The shares sold represent an 8.8% stake in Eurowag, reducing TA Associates' holding to 17.1% from 25.9%. The remaining shares are subject to a 90-day lock-up. Peel Hunt LLP ran the accelerated bookbuild for institutional investors as sole bookrunner. Eurowag will receive no proceeds as it was a sale of existing shares. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: 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