SMALL-CAP WINNERS & LOSERS: Gulf Marine wins contract
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
Wickes Group PLC - Watford, England-based home improvement retailer - Completes GBP20 million buyback scheme announced back in March. Repurchases 9.4 million shares for cancellation at an average price of 213.3 pence per share. This represents around 3.9% of the company's total. Wickes adds that any update on future plans relating to buybacks will be detailed with the release of its full-year results in March next year. Read More
(Alliance News) - Barclays PLC and NatWest Group PLC are through to the second round of bidding for wealth management group Evelyn Partners, Sky News reported late Tuesday. Read More
Pennpetro Energy PLC - London-based developer of "strategic traditional and transition energy projects" in Ukraine, US and Canada - Shareholders at a general meeting on Tuesday narrowly approve board proposals to issue shares but a proposal to waive pre-emption rights fails due to its higher hurdle. Shareholders vote 53% to 47% in favour of both proposals, passing the first. However, the second required a 75% majority. The positive vote on share allotments allows Pennpetro to issue new shares to meet various obligations. Pennpetro shares have been suspended from trading in London since August 2024, and the board last week had said support for the meeting resolutions will "help us accelerate the return to trading - something that we all want". Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London opened modestly lower on Wednesday, during a shortened trading session ahead of the Christmas holiday break. Read More
(Alliance News) - Tungsten West PLC on Wednesday reported a widened interim loss as the company focused on restarting production at Hemerdon, with project funding completion targeted for the first quarter of 2026. Read More
(Alliance News) - BP PLC on Wednesday said it will receive proceeds of around USD6 billion from the sale of a 65% stake in its lubricants brand Castrol to private equity firm Stonepeak Partners LP. Read More
Beeks Financial Cloud Group PLC - Glasgow, Scotland-based cloud computing and connectivity provider for financial markets - Chief Executive Officer Gordon McArthur sells 200,000 shares at 232.1 pence, worth GBP464,200, on Tuesday. McArthur retains 20.9 million shares, a 30.7% stake. Read More
Coca-Cola Europacific Partners PLC - Uxbridge, London-based soft drinks bottler, which operates in over 30 markets including Australia, Germany, Great Britain and Spain - Chief People and Culture Officer Veronique Vuillod sells 2,000 shares at USD92.29, worth USD184,580, on Monday this week. Read More
Mirriad Advertising PLC - London-based provider of virtual product placement - Receives GBP346,000 research and development tax credit from UK tax collector HMRC. The tax credit, which Mirriad had flagged in a trading update on Friday last week, relates to 2024. Mirriad says its cash position now is GBP1.3 million. Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Wins contract for one of its large-class vessels in the Middle East. Gulf Marine Services doesn't name the customer or provide financial details. It says the contract is for two years with options to extend. It says recent contract awards have added 2,354 days to its backlog of booked vessels. Read More
(Alliance News) - BP's sale of its Castrol lubricants business for USD10 billion headlines a shortened trading session on Wednesday, as the London Stock Exchange closes early at 12:30 GMT for Christmas Eve and remains shut on Thursday and Friday for the holiday break. Read More
(Alliance News) - Stocks in London were set to open lower on Wednesday, on what is expected to be a quiet session after blowout US gross domestic product data on Tuesday, with trading activity thinned by the looming Christmas holiday period. Read More
(Alliance News) - The following companies are due to release earnings reports or trading statements at 0700 GMT: Read More