Mercantile Investment praises Serco, faces private credit pressure
(Alliance News) - Mercantile Investment Trust PLC on Friday reported growth in its net asset value, but a lower return than its benchmark in financial 2026. Read More
(Alliance News) - Mercantile Investment Trust PLC on Friday reported growth in its net asset value, but a lower return than its benchmark in financial 2026. Read More
(Alliance News) - The following London-listed shares received analyst recommendations since Thursday morning: Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Ofir Chudin, chief executive officer of Plus500CY Ltd, sells 30,000 shares at 4,118 pence each for GBP1.2 million in two transactions, one of 16,945 shares followed by the remaining 13,055, on Thursday in London. Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Chief Regulation Officer Yevgeni Shtuckmeyster sells 22,240 shares at GBP41.50 to GBP42.00, worth GBP924,837, on Tuesday, Wednesday and Thursday this week. Chief Technology Officer Al Yaros sells 20,000 shares at GBP41.62, worth GBP832,400, on Tuesday last week. Earlier last month, Chief Executive Officer David Zruia, Chief Financial Officer Elad Even-Chen and Chief Marketing Officer Nir Zats sold 1.5 million shares in total, worth GBP66.7 million. Read More
(Alliance News) - Stock prices in London opened mostly higher on Tuesday, while in Europe Germany's annual inflation rate increased as expected and UK unemployment exceed expectations. Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Three top executives sell 1.5 million existing shares at GBP44.78 per share, worth about GBP66.7 million, to Goldman Sachs International, part of New York-based investment bank Goldman Sachs Group Inc. The shares represent a 2.1% stake in Plus500. The sale, first announced after the London market close on Monday, is intermediated by broker Panmure Liberum Ltd. Goldman Sachs may or may not onward sell the shares, Plus500 says. Read More
(Alliance News) - Stocks were called lower on Tuesday, while the Office for National Statistics reported that UK unemployment came in higher than expected for the latest quarter. Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Three top executives will sell 1.5 million existing shares, worth about GBP70.7 million, to Goldman Sachs International, part of New York-based investment bank Goldman Sachs Group Inc. The shares represent a 2.1% stake in Plus500. The sale will be intermediated by broker Panmure Liberum Ltd. Goldman Sachs may or may not onward sell the shares, Plus500 says. Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Starts on Monday a new share buyback programme worth up to USD100 million. The buyback will be run by brokers Panmure Liberum Ltd and will be completed by the time of Plus500's results announcement for 2026, meaning around February next year. The new share buyback was first announced with Plus500's 2025 results earlier this month. It follows a USD90 million programme that was started in August of last year. Also with its earnings, Plus500 announced USD87.5 million in cash dividends to be paid during 2026. Plus500 returns 50% of net profit to shareholders, with half of this through buybacks and the other half through cash dividends. All the repurchased share will be held in treasury. Read More
(Alliance News) - The FTSE 100 was called higher on Monday, as Beazley extends its deadline for Zurich Insurance to make an acquisition offer. Read More
(Alliance News) - Stock prices in London closed higher on Monday, as pressure continues to mount on the UK prime minister after the Scottish Labour leader called for his resignation. Read More
(Alliance News) - Stock prices in London opened higher on Monday as strength in mining stocks offset weakness among banks, while European markets took cues from a strong finish on Wall Street and a rally across Asia after Japan's election of Sanae Takaichi as prime minister. Read More
(Alliance News) - Plus500 Ltd on Monday said it is starting 2026 with "significant" momentum and now expects the full year ahead to beat current market expectations, as the trading platform provider reported small increases in revenue and profit in 2025. Read More
(Alliance News) - NatWest unveils a GBP2.7 billion takeover of Evelyn Partners alongside a new GBP750 million buyback, as Centrica completes over GBP80 million of asset sales and Vodafone's African subsidiary Vodacom secures additional spectrum in Egypt. Read More
(Alliance News) - The FTSE 100 closed lower on Tuesday as a rally in mining stocks was offset by hefty falls in software, data analytics and advertising companies amid perceived AI threats. Read More
(Alliance News) - Plus500 Ltd on Tuesday announced the launch of a US prediction markets platform with a regulated business-to-consumer offering. Read More
(Alliance News) - Stock prices in London opened higher, as the FTSE 100 hit a new intraday higher, amid a rebound in metal prices which buoyed miners. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More