LONDON MARKET CLOSE: FTSE 100 hits high; oil jumps on US-Iran tension
(Alliance News) - The FTSE 100 outperformed European and US peers on Friday, ending a record-breaking week at another new high. Read More
(Alliance News) - The FTSE 100 outperformed European and US peers on Friday, ending a record-breaking week at another new high. Read More
(Alliance News) - Advent International Ltd on Friday confirmed that it is considering a possible takeover offer for Senior PLC, a Hertfordshire, England-based maker of components and systems for aerospace, defence, land vehicle, power and energy customers. Read More
(Alliance News) - Senior PLC on Friday postponed a GBP40 million buyback programme, amid negotiations for a possible takeover of the company. Read More
(Alliance News) - Stock prices in Europe opened mixed on Friday, though share price progress for miners helped the FTSE 100 outperform. Read More
(Alliance News) - British Airways parent IAG reports better-than-expected annual profit, Melrose also beats consensus, while Senior says it has received M&A interest. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The FTSE 100 made modest progress on Thursday after Donald Trump walked back on threats to impose tariffs, but underperformed European peers amid soft mining, energy and defence stocks. Read More
(Alliance News) - Senior PLC on Thursday said it expects full year adjusted pretax profit to be "comfortably above previous expectations," boosting guidance for the second time in three months. Read More
(Alliance News) - Stock prices in London were mostly higher at midday on Monday, supported by defence and mining stocks after the US struck Venezuela and captured the country's leader Nicolas Maduro. Read More
Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace and defence, land vehicle, and power and energy customers - Completes sale of its Aerostructures business to Sullivan Street Partners on December 31. Says disposal marks a key step in its strategy to focus on becoming a global fluid conveyance and thermal management specialist. Confirms initial net proceeds will be used to reduce net debt and fund a GBP40 million share buyback programme, expected to start after the closed period ends with full-year results on March 2, 2026. Chief Executive David Squires says: "Senior is well positioned to deliver above-market growth, increasing margins, and enhanced returns on capital with strong operating cash flow generation. We remain confident in our ability to create sustainable long-term value for our shareholders as we execute against our strategy." Read More
(Alliance News) - Stock prices in London closed in the red on Wednesday, at the end of a shortened trading day, but the FTSE 100 index ended the year close to a new record despite a slight retreat on Wednesday. Read More
Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace and defence, land vehicle, and power and energy customers - Prepares to start GBP40 million share buyback programme as it completes the sale of its Aerostructures business to Sullivan Street Partners. The disposal of the division to the London-based mid-market buyout firm was first announced back in July. Senior will receive an initial GBP150 million consideration, with the remaining GBP50 million expected in the first half of 2026, depending on the 2025 earnings performance of Aerostructures. Read More
Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace & defence, land vehicle, and power & energy customers - Wins "multi-year" contract with aircraft maker Airbus SE to design and manufacture 'aerospace standard' parts for fluid conveyance applications. Senior doesn't provide any financial details of the contract. It says delivery will begin in the first quarter of next year from Senior's facilities in Europe. Initial production will supply components for both dual and single aisle commercial aircraft platforms, Senior says, with further potential in the spares and repairs markets. Read More
Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace & defence, land vehicle, and power & energy customers - Chair Ian King buys 75,000 shares at GBP1.74, worth GBP130,403, on Wednesday. King now has 989,297 shares. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Senior PLC on Thursday said full-year results will come in "comfortably above" previous expectations after "strong" trading across its Aerospace and Flexonics divisions in the first 10 months of 2025. Read More