Ceres Power shares hit as Grizzly slams "flawed business model"
(Alliance News) - Shares in Ceres Power Holdings PLC fell heavily on Thursday after a scathing attack from activist short-seller Grizzly Research. Read More
(Alliance News) - Shares in Ceres Power Holdings PLC fell heavily on Thursday after a scathing attack from activist short-seller Grizzly Research. Read More
Trustpilot Group PLC - Copenhagen-based consumer review platform - Chief Executive Officer Adrian Blair buys 95,296 shares at GBP1.57, worth GBP149,202, on Tuesday. Last week, Non-Executive Chair Zillah Byng-Thorne bought 108,116 shares and Chief Financial Officer Hanno Damm bought 50,000. The purchases come after Trustpilot's share price dropped by nearly a third on Thursday last week when short-seller Grizzly Research LLC accused the company of "mafia-style extortion campaigns against non-paying businesses". Read More
Trustpilot Group PLC - Copenhagen-based consumer review platform - Short-seller Grizzly Research LLC accuses the company of "mafia-style extortion campaigns against non-paying businesses". In its report, Grizzly says its "opinions are held in good faith" and its analysis is based on public information collected "in a manner that any person could have done if they had been interested in doing so". Trustpilot denies Grizzly's claim that it creates unsolicited review profiles to sell subscriptions. Says "Over 97% of businesses on the platform do not pay for a subscription. Consumers and businesses create profiles for free. 70% of reviews on free profiles are 5 stars." Also rejects claims that fake reviews are managed differently for paying and free businesses. "All businesses - whether free or paid - must comply with the same guidelines and are held to the same moderation principles," it says. Also denies that it has "traded the integrity of reviews for revenue". "We have c.200 people focused on ensuring trust and integrity across our platform and have removed 6.7 million reviews from the platform so far this year. We have successfully brought lawsuits against bad actor businesses and review sellers," it says. Read More
(Alliance News) - Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data across the pond, as falls in oil majors BP and Shell weighed. Read More
(Alliance News) - European equities pushed higher on Friday, with eyes on a US inflationary gauge published in the afternoon, as investors expect the Federal Reserve to cut next month. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in Europe opened in the green on Friday, but much like New York overnight, trade in London lacked a spark as investors look ahead to next week's US Federal Reserve decision. Read More
(Alliance News) - The FTSE 100 closed higher on Thursday, despite downbeat construction data, amid growing conviction of a US interest rate cut next week. Read More
(Alliance News) - Trustpilot Group PLC on Thursday afternoon rejected a report published by short seller Grizzly Research LLC. Read More
(Alliance News) - Trustpilot Group PLC shares fell on Thursday, after short seller Grizzly Research LLC accused the Copenhagen-based consumer review platform of "mafia-style extortion campaigns against non-paying businesses". Read More
(Alliance News) - Stock prices in London were higher at midday on Thursday, though data showed that in November UK construction activity fell at the fastest pace since the pandemic. 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 Monday morning and on Friday: Read More
(Alliance News) - HSBC sets aside USD1.1 billion for a Luxembourg court ruling related to the Bernard Madoff fraud case, while the UK competition regulator asks for remedies to approve the Greencore-Bakkavor merger. Read More
Trustpilot Group PLC - Copenhagen-based consumer review platform - Chief Executive Adrian Blair buys 49,623 shares at GBP2.00 per share, worth GBP99,369, on Tuesday. On Wednesday, CEO Blair buys a further 74,300 shares at GBP2.01, worth GBP149,217. This brings his total purchases this week to GBP248,587. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - European blue-chips traded lower on Tuesday afternoon, with equity market sentiment on the continent wavering before the start of the Federal Reserve meeting, but across the Atlantic, stocks are expected to push even higher after a record close at the start of the week. Read More
(Alliance News) - Trustpilot Group PLC on Tuesday said it was confident in delivering sustainable growth in line with its mid-teens guidance, as it reported a surge in interim profit. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More