LONDON BROKER RATINGS: JPMorgan cuts easyJet; Barclays raises Reckitt
1st Dec 2025 09:49
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - UK mortgage approvals were higher than expected in October, but fell from September, numbers on Monday showed. Read More
(Alliance News) - Plus500 Ltd on Monday said it has been appointed as the clearing partner for the CME and FanDuel's new event-based contracts platform. Read More
(Alliance News) - Shell PLC and Equinor ASA on Monday said they have completed the formation of Adura, a new joint venture that will become the UK's largest independent North Sea producer. Read More
(Alliance News) - Melrose Industries PLC on Monday said Chief Financial Officer Matthew Gregory will step down next year. Read More
(Alliance News) - Stock prices in London opened slightly lower on Monday, with defence shares under pressure after US President Donald Trump sounded optimistic about a potential Ukraine peace deal, while political scrutiny continued to build around UK Chancellor Rachel Reeves following last week's pre-budget speech. Read More
(Alliance News) - Renewables Infrastructure Group Ltd and HICL Infrastructure PLC on Monday said they will no longer proceed with their proposed combination, as HICL withdraws from the deal. Read More
(Alliance News) - Budget air carriers easyJet PLC and Wizz Air Holdings PLC on Monday reported no flight cancellations after "precautionary" software updates were needed on some of their Airbus fleet. Read More
(Alliance News) - Shell completes the creation of Adura with Equinor as HICL and TRIG scrap their proposed merger, while Melrose sets out its CFO succession plans. Read More
(Alliance News) - Stocks in London are set to open lower on Monday, starting the week under pressure amid renewed political scrutiny of Chancellor Rachel Reeves in Westminster and a mixed start to trading in Asian markets. 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) - Ireland's manufacturing activity expanded in November, with firms also expressing an optimistic outlook for the next year, S&P Global reported Monday. Read More
(Alliance News) - The FTSE 100 shook off hefty falls in Premier Inn owner Whitbread to end the week in positive territory, with gains elsewhere in Europe and the US too. Read More
(Alliance News) - Satsuma Technology PLC on Friday reported a widened loss, with one-off loss on derivatives and cryptocurrencies, for its first half. Read More
Tern PLC - internet-of-things focused investor - Determines that it has insufficient funds to meet capital calls by Sure Valley Ventures Enterprise Capital Fund LP. Says it has exhausted what it considers to be "all reasonable mitigation measures, including salary reductions, open offer fundraising, shareholder engagement, and collaborative effort with SVV2 to identify a replacement investor". In June, shareholders rejected a resolution to give Tern directors authority to disapply pre‑emption rights when allotting shares for cash. Then, an open offer to shareholders in October for up to GBP642,486 only delivered proceeds of GBP151,136. As a result, Tern has requested relief from its funding obligations to SVV2 and will be classified as a defaulting investor. Remedies available under the limited partnership agreement include forfeiture of existing capital or the compulsory transfer of Tern's interest in SVV2. If Tern's existing paid‑in capital is not required to be forfeited, and no other SVV2 Ltd partner elects to assume Tern's commitment, Tern's paid‑in capital will remain invested within SVV2 until the cessation of the fund, at which point any residual value will be returned in accordance with the LPA, "although defaulting investor status may reduce Tern's rights to distributions during the life of the fund and could limit Tern's recovery compared to non-defaulting investors," company notes. Read More