(Alliance News) - Stock prices in Europe were sharply lower on Wednesday afternoon, as widening bond yields and a soaring oil price in the face of continued Middle East tensions unnerved investors. Read More
Galliford Try Holdings PLC - London-based building and infrastructure construction under Galliford Try and Morrison Construction brands - Galliford's Environment division is appointed to a GBP110 million contract for Severn Trent Water, part of Severn Trent PLC. The contract is to the deliver the River Mease improvement project in the English Midlands. This involves building a 23 kilometre pipeline for waste water as part of the Water Industry National Environment Programme in the UK. Read More
(Alliance News) - M&G swings to a first-half pretax loss attributable to equity holders as short-term investment fluctuations weigh on statutory results, while LondonMetric Property announces GBP105 million of investment activity. Elsewhere, Jet2 says trading remains strong and announces plans to move from AIM to London's Main Market. Read More
(Alliance News) - Stock prices in London closed higher on Friday, joining a broader rally across European and US equities, while Federal Reserve Chair Kevin Warsh's inflation warning boosted expectations for higher US interest rates. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday. Read More
(Alliance News) - United Utilities Group PLC and Pennon Group PLC on Thursday said they welcomed the UK water regulator's decision to allow providers to further increase bills. Read More
(Alliance News) - UK Prime Minister Andy Burnham has warned water companies against treating customers like "a blank cheque" after the regulator provisionally allowed them to unexpectedly further raise bills. Read More
(Alliance News) - Stricken Thames Water is among five water firms given the provisional go-ahead by the industry watchdog to hike bills further as part of plans allowing suppliers to spend an extra GBP3.39 billion, below the GBP4.29 billion the companies had requested. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - National Grid unveiled a streamlined operating model aimed at improving execution, while easyJet extended the deadline for rival bidder Castlelake to make a takeover offer. AstraZeneca was also linked to a potential USD400 billion merger with US peer Bristol Myers Squibb, according to a media report. Read More
(Alliance News) - London's FTSE 100 outperformed global peers on Friday, as markets were hurt by technology sector jitters, with chip shares among the worst hit, while events in the Middle East also continued to keep a lid on enthusiasm. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - Severn Trent PLC on Thursday said it continues to "build on our momentum" as operational and financial performance at the start of the financial year was in line with expectations. Read More
(Alliance News) - Centrica secures a 20-year regulated contract to extend the life of the Sizewell B nuclear power station, Severn Trent says trading remains in line with expectations, while Computacenter upgrades its annual profit outlook after strong first-half trading. Read More
(Alliance News) - Severn Trent PLC will face no financial penalty, despite "serious failings in its duties to deal effectively with wastewater and sewage", the company and the UK's water industry regulator said on Wednesday. Read More
(Alliance News) - IG Group proposes a new Jersey holding company while retaining its London listing, Vistry backs full-year profit guidance despite a first-half loss and the departure of its chief financial officer, and Jet2 launches a GBP250 million share buyback after reporting record annual revenue despite lower pretax profit. Read More
Essentra PLC - Oxford, England-based manufacturer and distributor of plastic-injection-moulded, vinyl-dip-moulded and metal components - Hires Sharmila Nebhrajani as non-executive director, joining the board on June 29 and replacing Mary Reilly as senior independent director on January 1. Nebhrajani worked at the BBC for 13 years, finishing as chief operating officer for BBC Future Media & Technology where she managed the bbc.co.uk business and the launch of iPlayer. Nebhrajani currently is a non-executive director of water utility Severn Trent PLC, safety products maker Halma PLC and television broadcast ITV PLC. Read More