(Alliance News) - Trustpilot Group PLC on Monday said it "strongly" disagrees with the findings of an Italian Competition Authority investigation, which resulted in an EUR4 million penalty. Read More
(Alliance News) - Italy's Competition & Market authority on Monday said it has jointly imposed a EUR4 million fine on Trustpilot Group PLC and its Danish and Italian entities for engaging in unfair commercial practices. Read More
Trustpilot Group PLC - Copenhagen, Denmark-based consumer review platform - Non-Executive Director Peter Muhlmann sells 53,000 shares at GBP2.17, worth GBP114,904, on Tuesday and 359,000 shares at GBP2.39, worth GBP858,659, on Wednesday. Chief Financial Officer Hanno Damm exercises warrants for 200,000 shares and sells all of them at GBP2.09 and GBP2.10, worth GBP419,492, on Tuesday. Trustpilot on Tuesday reported better-than-forecast annual results, saying it is benefiting from artificial intelligence adoption. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, as the FTSE 100 strengthened despite ongoing uncertainty around the conflict in the Middle East and the high price of oil. Read More
(Alliance News) - Stock prices in London opened mixed on Tuesday, as the FTSE 100 was helped by oil majors to outperform European peers, while Trustpilot shares jumped on strong profit growth. Read More
(Alliance News) - Trustpilot Group PLC on Tuesday announced a new share buyback as annual earnings beat expectations, supported by rising volume from artificial intelligence searches. Read More
(Alliance News) - Trustpilot says its profitability in 2025 is ahead of expectations, Close Brothers moves its cost savings target forward, and Travis Perkins lowers its dividend as earnings fall. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, despite ongoing jitters over the impact of the latest artificial intelligence developments, as Beazley, DCC and GSK helped the FTSE 100 reach a fresh record. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London were mixed at midday on Wednesday, as gains among miners lifted the FTSE 100. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Trustpilot Group PLC on Tuesday said it is extending its share buyback programme as it forecast full-year earnings will be ahead of expectations. Read More
(Alliance News) - Stock prices in London opened little changed on Tuesday, with the FTSE 100 holding steady as weakness in mining and defence stocks offset gains elsewhere following recent advances. Read More
(Alliance News) - Games Workshop posts record half-year earnings, Whitbread delivers quarterly sales growth and updates guidance, while Persimmon reports higher 2025 completions and expects underlying profit at the top end of forecasts. 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