BAE Systems to nearly halve stake in Kazakhstan airline Air Astana
(Alliance News) - BAE Systems on Tuesday said it plans to nearly halve its holding in Kazakhstan airline, Air Astana JSC. Read More
(Alliance News) - BAE Systems on Tuesday said it plans to nearly halve its holding in Kazakhstan airline, Air Astana JSC. Read More
(Alliance News) - Oberon Investments Group PLC on Tuesday reported a widened interim loss, despite revenue increasing, as it said it invested "significantly" in new systems and tools. Read More
(Alliance News) - The FTSE 100 fell on Tuesday, weighed down by falls in defence and oil stocks, and after mixed economic data in the UK and US. Read More
(Alliance News) - Wellnex Life Ltd on Tuesday said earnings have improved on a year-to-date basis as the company continues to execute its turnaround strategy. Read More
(Alliance News) - Shell PLC on Tuesday said it its subsidiary Shell Offshore Inc has taken a final investment decision on a waterflood project at its Kaikias field in the US Gulf of Mexico. Read More
(Alliance News) - Touchstar PLC on Tuesday said it expects revenue to be below market expectations with profit hurt by exceptional charges and customer hesitancy. Read More
(Alliance News) - Four large London-listed growth stock investment trusts on Tuesday said their net asset values got a boost from a raised valuation for Elon Musk's Space Exploration Technologies Corp. Read More
(Alliance News) - Oxford BioDynamics PLC on Tuesday said it is fully committed to creating sustainable shareholder value for all shareholders as it posted a narrowed annual loss amid higher revenue and lower operating costs. Read More
(Alliance News) - Investment firm H2 Equity Partners Ltd on Tuesday said it does not intend to make a takeover offer for Inspecs Group PLC, after Inspecs accepted an offer from a vehicle of entrepreneurs Luke Johnson, chair of private equity house Risk Capital Partners LLP, and Ian Livingstone. Read More
Haydale Graphene Industries PLC - Carmarthenshire, Wales-based developer of materials using graphene and other nanomaterials - Raises GBP5.8 million in total from equity offer at 0.5 pence per share. Raises GBP4.7 million from a share placing, GBP540,000 from direct subscriptions from the company, and GBP500,000 from a retail share offer. Haydale will issue 941.2 million new shares for the placing, 108.8 million for the subscription, and 100.0 million for the retail offer. It also will issue 1.86 billion new shares for the first tranche of its recently announced all-share acquisition of Intelligent Resource Management Ltd, an end-to-end energy efficiency solutions provider that trades as SaveMoneyCutCarbon. Total consideration for the SMCC will be up to GBP17.1 million in shares, of which GBP11.2 million worth will be paid on completion. As a result, Haydale's share total will rise to 7.77 billion from 4.74 billion. It calls a general meeting for January 6 to approve the deals. Read More
(Alliance News) - Tavistock Investments PLC on Tuesday celebrated a court ruling in its favour. Read More
(Alliance News) - Watkin Jones PLC on Tuesday reported a widened full-year loss after being hit with impairment charges, while it reassured that it entered the current financial year with "encouraging visibility". Read More
(Alliance News) - Jersey Electricity PLC on Tuesday reported decreased profit but higher revenue for its latest 12 months. Read More
PPHE Hotel Group Ltd - Guernsey-registered operator of Park Plaza and art'otel hotels - Refinances debt facility for Park Plaza Victoria London hotel. The new GBP88 million facility has been arranged by lenders Santander UK PLC and ABN Amro Bank NV. It has a five-year term and a floating interest rate that has been hedged at 3.9%. This compares to 3.4% under the previous facility. Read More
(Alliance News) - Van Elle Holdings PLC on Tuesday said trading in the first half of its financial year was resilient in challenging market conditions, and there are reasons for optimism moving forward. Read More