(Alliance News) - London stocks opened mostly lower on Wednesday, with defence firms in the green following US President Donald Trump's comments on the Ukraine-Russia war at the UN on Tuesday. Read More
(Alliance News) - Pinewood Technologies Group PLC on Wednesday expressed confidence in the scale of the market opportunity for the business, as it introduced an "ambitious" medium-term earnings target. Read More
(Alliance News) - Stock prices in London closed mostly lower on Monday, as markets mainly price in an interest rate cut from the US Federal Reserve, and a hold from the Bank of England, this week. Read More
Pinewood Technologies Group PLC - Birmingham-based provider of software to the automotive retailing sector - Joins London's FTSE 250 index with effect from Tuesday. "This milestone reflects the significant success that Pinewood.AI has experienced since becoming a standalone software business in 2024. In that time the Company has made strong progress in winning new contracts, expanding into AI solutions, developing its technology and preparing for its expansion into new markets, most notably North America," says Pinewood. The company is due to report its half-year results on September 24. Read More
Pinewood Technologies Group PLC - Birmingham-based provider of software to the automotive retailing sector - Completes on Friday its acquisition of software-as-a-service business Pinewood Dealer Management System from Motify Group, which Pinewood Technologies agreed via its wholly-owned South African subsidiary at the beginning of July for a total of GBP2.5 million. "The acquisition will enable Pinewood.AI to fully control its sales and customer service functions in its markets in Southern Africa and to drive continued growth in the region," says Pinewood Technologies. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Pinewood Technologies Group PLC on Monday said it has agreed to acquire software-as-a-service business Pinewood Dealer Management System for a total of GBP2.5 million. Read More
(Alliance News) - European blue-chip stocks ended largely higher on Friday, growing in confidence after a stronger-than-expected US nonfarm payrolls reading. Read More
(Alliance News) - Pinewood Technologies PLC on Tuesday said has won a five-year contract with car maker Volkswagen AG in Japan. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and Tuesday, and not separately reported by Alliance News: Read More
Pinewood Technologies Group PLC - Birmingham-based provider of software to the automotive retailing sector - Agrees to buy the outstanding 91% of Seez, an automotive AI & ML SaaS platform, that it does not already own for GBP33.3 million. Around GBP22.8 million is to be paid in cash to certain sellers, GBP3.9 million on completion and GBP6.6 million via a share issue. The acquisition is expected to be significantly earnings accretive by financial 2026, the first full year under Pinewood's ownership. Chief Executive Bill Berman says: "Since making our strategic investment in Seez in September 2024, we have made strong progress together and the full acquisition of the business is a compelling opportunity to build on this early success." Read More
(Alliance News) - Pinewood Technologies Group PLC on Friday said it has won a five-year contract with Global Auto Holdings PLC, and that it expects profit for its latest financial year to come in ahead of the current market consensus. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More