LONDON MARKET OPEN: Stocks rise, Hunting pleases with Rival sale
3rd Mar 2025 08:53
(Alliance News) - Stock prices in London opened higher on Monday, ahead of the UK manufacturing PMI and following like releases from other regions. Read More
(Alliance News) - Stock prices in London opened higher on Monday, ahead of the UK manufacturing PMI and following like releases from other regions. Read More
(Alliance News) - Stocks were called higher on Monday morning as investors digest news of greater-than-expected acceleration in China's manufacturing sector, while Japan's saw a softer deterioration than forecast. Read More
(Alliance News) - Keir Starmer is expected to return to the Commons on Monday for the first time since his blitz of high-stakes diplomatic action across the Atlantic and in London. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, ahead of UK and US manufacturing PMI data scheduled for release today. 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) - An asthma drug has shown positive results when used to treat nasal polyps, researchers have said. Read More
(Alliance News) - Train fares in England and Wales will rise by around 4.6% from Sunday, while railcards become more expensive, despite record low reliability of services. Read More
(Alliance News) - Tui AG intends to expand "flexibility" deals to sell more seats on other airlines' aircraft, the Financial Times reported on Sunday. Read More
(Alliance News) - European leaders will gather in London on Sunday to forge a common position on ending the war in Ukraine, before the country's premier heads off to meet the King. Read More
(Alliance News) - CK Infrastructure Holdings Ltd is in talks with potential advisors to study a potential bid for UK waste management firm Viridor Ltd, Bloomberg reported on Saturday. Read More
(Alliance News) - WH Smith PLC is set to disappear from UK high streets by name as the process to offload that business continues, The Sunday Times reported on Saturday morning. Read More
International Consolidated Airlines Group SA - London and Madrid-based airline operator - Launches EUR500 million first tranche of up to EUR1.00 billion share buy back programme, which was announced earlier Friday. Goldman Sachs Bank Europe SE and Morgan Stanley Europe SE have been engaged to implement the programme. Qatar Airways Group agrees to participate in the programme on a pro rata basis so as to maintain its current aggregate stake in IAG of just over 25%. Therefore, the first tranche will include EUR374 million for purchases from market participants and EUR126 million for purchases from Qatar Airways. The first tranche will start on March 5 and run until May 30 at the latest. Read More
Diversified Energy Company PLC - Alabama, US-based oil and gas production company - Completes USD42 million acquisition of operated natural gas properties and related midstream pipeline infrastructure located within Virginia, West Virginia, and Alabama from Summit Natural Resources. Says the bolt-on acquisition increases coal mine methane environmental credit cash flow, expands midstream infrastructure, and enhances southern Appalachia prices. Says the Appalachian assets overlap existing operations providing synergies for increased cash margins while strategic midstream pipeline assets facilitate capability to enhance commodity realizations. In addition, company strikes USD530 million asset backed securitization. Says the ABS is significantly oversubscribed - 6.5 times - with orders from 20 unique investors. "The ABS transaction will also benefit from an improved hedging profile, creating enhanced margins and cash flows. Additional proceeds from this refinancing will be used to reduce outstanding borrowings and for general corporate purposes," company adds. Read More
Saga PLC - Kent, England-based provider of services to people aged 50 and over - Redeems outstanding senior unsecured notes, maturing July 2026, following receipt of funds under new credit facilities that were announced in January. Further says GBP75.0 million drawings under the GBP85.0 million loan facility provided by Roger De Haan, maturing April 2026, have been repaid and, as such, the facility has been cancelled in full. Also, says the existing GBP50.0 million revolving credit facility has been cancelled in full. Read More
(Alliance News) - Fiske PLC shares fell more than 10% on Friday, despite reporting that profit more than doubled in the first half of its current financial year. Read More