(Alliance News) - IG Group Holdings PLC and Tritax Big Box REIT PLC are set to replace easyJet PLC and Rightmove PLC in the FTSE 100, according to indicative index changes published by FTSE Russell late Tuesday. Read More
(Alliance News) - Stock prices in London closed mixed on Monday after a day of thin trading due to a holiday in the US, while banking and defence stocks buoyed the blue-chip index. Read More
Pinewood Technologies Group PLC - Birmingham, England-based firm software provider for automotive sellers - Chief Financial Officer Oliver Mann buys 25,045 shares priced at 306.80 pence each for a total of GBP76,838 on Monday. This follows a sharp drop in the stock's value, after former suitor Apax Partners LLP on Friday said it no longer intends to make an offer for Pinewood, due to "prevailing challenging market conditions". Pinewood shares have fallen more than 30% from Friday's closing price of 441 pence. Back in January, Pinewood had said it was in talks with Apax for a possible cash offer of 500 pence per share. On Monday, it reaffirmed confidence in its "positive long-term prospects" and income targets through to 2028. Read More
(Alliance News) - Stock prices in London were higher midday on Monday, as investors increasingly expect US interest rates to stay higher for longer, and with defence stocks giving the FTSE 100 a boost as Keir Starmer calls for Europe to "step up" on security. Read More
(Alliance News) - Pinewood Technologies Group PLC on Monday saw its shares plummet after former suitor Apax Partners LLP said it no longer intends to make an offer for Pinewood. Read More
Pinewood Technologies Group PLC - Birmingham, England-based provider of software to the automotive retailing sector - Apax Partners LLP confirms that it does not intend to make an offer for Pinewood. Pinewood previously confirmed on January 29, responding to press speculation, that it was in discussions with Apax regarding a possible cash offer of 500 pence per share, following multiple earlier approaches. Apax says its decision is "In light of the prevailing challenging market conditions". Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: 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) - Stock prices in London were mixed on Thursday, as the FTSE 100 missed out on a European rally amid weakness in SSE and National Grid after Ofgem approved a GBP28 billion investment. Read More
(Alliance News) - Rio Tinto says earnings could rise by up to 50% by 2030, SSE and National Grid welcome Ofgem's approval of GBP28 billion of energy investment and SSP swings to a loss. Read More
(Alliance News) - WPP PLC is set to make way for a returning British Land Co PLC on the FTSE 100, as the advertising agency's more than 60% share price slump this year leaves it set for a festive index relegation. Read More
(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