(Alliance News) - The UK's competition watchdog on Tuesday launched a formal investigation into the veterinary sector warning pet owners may be overpaying for medicines and prescriptions. Read More
(Alliance News) - Stock prices in London opened largely higher on Tuesday, in confident trade ahead of a US inflation reading, while the pound came under a bit of pressure after numbers showed the UK jobless rate picked up and wage growth slowed. Read More
MediaZest PLC - Surrey, England-based audiovisual solutions provider - Swings to pretax loss of GBP553,000 in the financial year ended September 30, from a profit of GBP12,000 a year prior. Revenue falls 17% to GBP2.3 million from GBP2.8 million. Looking ahead, says demand in three core sectors of retail, automotive, and corporate offices continues to grow. Further, notes rise in incoming opportunities after the financial year ended amid increased marketing activity. Says that longer term client projects are set to continue in the current financial year 2024. Whilst noting that the company is disappointed about the results of financial 2023, Chief Executive Officer Geoff Robertson says: "Following the uptick in activity in Q4, we believe we are well-positioned moving into the next financial year. Ongoing long term project roll outs with existing customers including Hyundai [Motor Co], Pets at Home [Group PLC] and Lululemon [athletica Inc], in Europe in particular, have continued into FY24 with further installations already completed and additional projects forthcoming." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stocks in London are set to follow New York into the red, after the US Federal Reserve quashed hopes of a March cut to interest rates and ahead of the Bank of England interest rate decision. Read More
(Alliance News) - Pets at Home Group PLC on Tuesday said quarterly sales "didn't quite hit" anticipated levels, as the company forecasts its full year results at the lower end of expectations. Read More
Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - European equities closed off session lows during a mixed day on Tuesday, while stocks in New York went into the afternoon in the green, as comments from Federal Reserve officials cemented expectations that the US central bank has already enacted its last hike of the cycle. Read More
(Alliance News) - Pets At Home Group PLC on Tuesday reported lower profit in a half-year when it focused on transitioning stores to its new distribution centre in Stafford. Read More
Voyager Life PLC - Perth, Scotland-based CBD and hemp business with operations in Scotland and Poland - Celebrates as several products are stocked by Pets At Home Group PLC, a pet supplies retailer. Four products are now available to purchase from the Pets at Home website, which earns Voyager the distinction of being the brand "with the widest range of hemp seed oil based products on that site". Adds that if initial sales progress "satisfactorily", it is Voyager's expectation to be stocked in store. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More