LONDON MARKET OPEN: FTSE 100 retreats from high as oil firms fall
(Alliance News) - Stock prices in London opened lower on Wednesday, as the FTSE 100 retreated from a record high, as oil firms BP and Shell weighed on the blue-chip index. Read More
(Alliance News) - Stock prices in London opened lower on Wednesday, as the FTSE 100 retreated from a record high, as oil firms BP and Shell weighed on the blue-chip index. Read More
(Alliance News) - Kingspan Group PLC on Wednesday said it plans to retain ownership of its advanced building systems unit Advnsys, cancelling plans for a proposed initial public offer. Read More
(Alliance News) - GSK PLC on Wednesday reported positive developments with its shingles vaccine and its potential treatment for chronic hepatitis B, as it secured a presentation approval and announced positive data. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Wednesday confirmed it intends to return around GBP1.6 billion to shareholders through a special dividend following the completion of the sale of the Essential Home business to Advent International LP. Read More
Great Portland Estates PLC - London-based commercial real estate developer and landlord - Acquires new 155-year leasehold interest in 10 South Crescent, WC1 for GBP51 million or GBP708 per square foot on the current net internal area. Says the price reflects a 6.8% net yield and projected 7.1% running yield once the vacant retail unit is let. The property "will be repositioned to create a best-in-class, decarbonised HQ office and retail building, with premium amenities and enlarged roof terraces," Great Portland says. Adds that the offices are single-let for four years "at a highly reversionary rent" of GBP67 per square foot. It joins an existing group of Great Portland Estates buildings around Alfred Place, providing "a high-quality mix of Grade A HQ and fully managed space in an amenity-rich West End location." Read More
(Alliance News) - Reckitt Benckiser proposes a GBP1.6 billion special dividend, Great Portland Estates buys a long-term central London lease and Topps Tiles reports higher sales. Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday, after the FTSE 100 reached another record close on Tuesday amid ongoing geopolitical uncertainty. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. 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) - 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
Versarien - Gloucestershire-based advanced materials group - FTSE Russell reports deletion of Versarien shares from the FTSE AIM All-Share index, effective from this week Friday. Earlier on Tuesday, the company confirmed the appointment of administrators. Shares in Versarien have been suspended in London since early December. Read More
(Alliance News) - Compagnie de Saint-Gobain SA on Tuesday said it has decided to delist from the London Stock Exchange, following a review of its listings. Read More
(Alliance News) - Quantum Data Energy PLC on Tuesday said its Pyebridge flexible generation asset delivered record electricity output and revenues in 2025, driven by strong demand for dispatchable power amid intermittent renewable supply. Read More
(Alliance News) - Blue chips continued their strong start to the year on Tuesday with the FTSE 100 hitting a new record led by gains in retailer Next and drug stocks, GSK and AstraZeneca. Read More
(Alliance News) - Kefi Gold & Copper PLC on Tuesday said its Tulu Kapi gold project in Ethiopia remains on track for commissioning in late 2027 and full production in 2028, as the company confirmed the formal launch of development and progress on key contracting and financing milestones. Read More