Ireland's unemployment rate ticks down to 4.3% in August
4th Sep 2024 11:38
(Alliance News) - The unemployment rate in Ireland came down in August, data published by the Central Statistics Office showed Wednesday. Read More
(Alliance News) - The unemployment rate in Ireland came down in August, data published by the Central Statistics Office showed Wednesday. Read More
(Alliance News) - Pollen Street Group Ltd on Wednesday celebrated an increase in assets under management and profit, as it anticipated continued growth. Read More
Coats Group PLC - London-based manufacturer of industrial thread and footwear components - The trustee of the Coats UK Pension Scheme buys a GBP1.3 billion bulk annuity policy, de-risking the remaining 80% of the scheme's liabilities. Back in December 2022, it had bought an annuity policy for the first 20% of liabilities. Coats says the agreement with Pension Insurance Corp PLC means that all financial and demographic risks for its pension schemes are now fully hedged. Coats expects to be required to provide up to an additional GBP100 million in funding to the scheme, comprised of GBP70 million in upfront cash, plus a GBP30 million loan. As a result, the company's debt leverage will increase in 2024 but remain within its target range. However, USD30 million per year in deficit repair contributions to the scheme, which had been paused at the beginning of this year, will now end permanently. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Dalata Hotel Group PLC on Wednesday announced a lower profit as increasing costs outpaced revenue growth, as it noted strong demand from corporate and international visitors. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - CAB Payments Holdings PLC on Wednesday reported weaker half-year earnings and the company announced a "renewed focus on strategic execution" to boost dwindling profit. Read More
(Alliance News) - Resolute Mining Ltd said on Wednesday that it had signed a senior debt facility of up to USD140 million to strengthen its liquidity and expand growth opportunities. Read More
(Alliance News) - Hilton Food Group PLC on Wednesday said it has hired the current chair of soft drinks maker AG Barr PLC to be its own chair, as it reported half-year results, boosting its interim payout. Read More
(Alliance News) - Cairn Homes PLC on Wednesday said it increased the interim dividend as earnings surged following a "record" first-half performance amid "favourable market conditions". Read More
(Alliance News) - The recovery of the UK's service sector gained momentum in August, as data from S&P Global on Wednesday showed that the post-election upturn in business activity was sustained from July. Read More
(Alliance News) - Direct Line Insurance Group PLC on Wednesday restored the dividend and returned to profit in the first half of 2024 as it reported strong premium growth. Read More
(Alliance News) - Barratt Developments PLC said on Wednesday that its profit had fallen by more than three-quarters this year as the UK housing market is hit by high mortgage rates and inflation. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
Apax Global Alpha Ltd - closed-ended investment company providing access to the private equity funds of investment adviser Apax Partners LLP - Will invest EUR12 million on a look-through basis in the New York-based provider of safety services Altus Fire & Life Safety. The investment will be via the Apax XI fund. "The investment in Altus draws on the Apax funds' experience in the services density-based business models vertical from previous investments such as [Safety-Kleen Systems Inc] and SavATree [LLC]. The investment thesis is to support Altus' growth by investing in sales and marketing, increasing recurring service revenue and expanding geographically," Apax Global Alpha says. Read More