(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024. Read More
(Alliance News) - WH Ireland Group PLC on Wednesday said its loss widened substantially as revenue dropped in its latest financial year. Read More
(Alliance News) - Stock prices in London opened in the green on Wednesday, as hopes for US interest rate cuts in the new year continued to propel global equities higher. Read More
(Alliance News) - Stocks in London were expected to make gains at Wednesday's market open, as investors continued to pin their hopes on US interest rate cuts. Read More
(Alliance News) - Lifesafe Holdings PLC on Thursday said it had raised GBP400,000 through a placing and subscription of 2.5 million new shares. Read More
(Alliance News) - AMTE Power PLC announced on Tuesday that it intends to appoint administrators after failing to raise funds to continue trading. Read More
(Alliance News) - WH Ireland Group PLC on Thursday said it has appointed a new non-executive chair and non-executive director, allowing three independent non-executive directors to leave as previously announced at the end of July. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - WH Ireland Group PLC on Friday said it raised GBP4.9 million from a share placing and will use the fresh cash to fund a cost-cutting exercise and retention bonuses, as well as to meet regulatory capital requirements. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
WH Ireland Group PLC - London-based stock broker and wealth manager - Says trading in second half of financial year was below previous management expectations, amid a "lack of transactional activity across capital markets throughout 2022, which has continued into 2023". WH Ireland now expects to report an underlying loss before tax "in excess of" GBP2.2 million for the financial year that ended on Friday, on about GBP26 million in revenue. In financial 2022, WH Ireland reported a pretax profit of just GBP8,000 on GBP32.0 million in revenue. Read More
(Alliance News) - Stocks in London closed the week in the red on Friday, as disappointing economic data weighed on a market mood already bruised by interest rate hikes during the week. Read More
(Alliance News) - WH Ireland Group PLC on Friday said it swung to a half-year loss due to "very testing" market conditions. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More
WH Ireland Group PLC - London-based broker and wealth manager - Pretax profit all but evaporates, shrinking to just GBP8,000 in the financial year that ended March 31 from GBP1.0 million the year before. Revenue rises by 11% to GBP32.0 million from GBP28.7 million, but administrative expenses grow by even more, up 16% to GBP33.1 million from GBP28.4 million. While WH Ireland books double the net gains on investments, up to GBP1.6 million in financial 2022 from GBP818,000 in financial 2021, finance expense multiplies to GBP511,000 from GBP96,000. More positively, underlying pretax profit slips only slightly to GBP1.4 million from GBP1.5 million. Proposes no dividend, unchanged. Read More
WH Ireland Group PLC - London-based broker and wealth manager - Creates new Debt Capital Markets business which will sit alongside its existing Equity Capital Markets and Private Growth Capital units. WH Ireland says it recently completed its first DCM transaction, as joint lead manager to EnQuest PLC following the launch of its sterling denominated 9% guaranteed retail eligible notes, which successfully raised GBP133 million. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News: Read More