LONDON BROKER RATINGS: Goldman Sachs lifts Admiral and Hiscox to 'buy'
2nd Jul 2025 09:37
(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 Wednesday morning and on Tuesday: Read More
(Alliance News) - London's stocks were mostly a notch lower at midday on Tuesday, dragged down by housebuilders after a soft UK house price reading, and as industrial firms brace for the introduction of a new business rates levy. Read More
(Alliance News) - National Grid PLC and SSE PLC on Tuesday pledged to continue to work with Ofgem after the industry regulator published its draft determination for price controls and spending between 2026 to 2031. Read More
(Alliance News) - London stocks opened in the green on Tuesday, as a vote looms on Labour's proposed welfare cuts and a data reading shows average UK house prices slipped in June. Read More
(Alliance News) - London's FTSE 100 is set to open broadly flat on Tuesday, ahead of a vote in Parliament on Labour's proposed welfare cuts and following a delay in the decision on post-Brexit EU food labelling. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
SSE PLC - Perth, Scotland-based electricity generator - Launches EUR1.30 billion dual tranche issue of hybrid capital securities, a financial instrument which is subordinate to all senior creditors. The dual tranche issue comprises: a perpetual non-call 5.25 year note at EUR800 million with a yield of 4.075% and a coupon of 4.0%; and a perpetual non-call 8.0 year note at EUR500 million with a yield of 4.55% and coupon of 4.5%. Plans to use the proceeds to replace SSE's GBP600 million hybrid capital security issued in 2020, which has a first coupon reset date of April 14 2026. The three-month issuer par call on this hybrid means it can be called from January 14 2026. The issue increases SSE's total outstanding hybrids by around GBP500 million to GBP2.4 billion, Chief Financial Officer Barry O'Regan says: "SSE is at the heart of the clean energy transition and these new hybrids will contribute towards funding our portfolio of premium investment options as part of our GBP17.5 billion investment plan to March 2027." Notes the new hybrids were "well received at four times oversubscribed, offering yet another attractive SSE proposition to investors looking to channel finance into green infrastructure." 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 following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - European stocks declined after the opening bell on Thursday, after US fiscal concerns send stocks in New York tumbling overnight. Read More
(Alliance News) - SSE PLC on Wednesday reported a decline in profit during its most recent financial year, as wider market uncertainty weighs on its top line. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury's annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - SSE PLC on Wednesday narrowed its full-year guidance for earnings per share reflecting variable weather conditions. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, hours before US President Donald Trump takes centre-stage on 'liberation day'. Read More
(Alliance News) - The FTSE 100 outperformed as equities struggled on Friday, with tariff and inflation worries keeping enthusiasm to a minimum. Read More
(Alliance News) - SSE PLC on Friday named company insider Martin Pibworth as chief executive, starting in July. Read More