LONDON MARKET MIDDAY: Stocks down as US tech worry becomes "contagion"
(Alliance News) - Stock prices in Europe suffered on Tuesday as tech nerves from New York continued to weigh on equity market enthusiasm across the globe. Read More
(Alliance News) - Stock prices in Europe suffered on Tuesday as tech nerves from New York continued to weigh on equity market enthusiasm across the globe. Read More
(Alliance News) - TT Electronics PLC on Tuesday agreed to a new takeover bid by Cicor Technologies Ltd, after the company raised its offer to 150 pence a share, all in cash. Read More
(Alliance News) - The UK's competition watchdog on Tuesday opened a public consultation on Greencore Group PLC's proposed divestment of its Bristol chilled soups and sauces site, a remedy it had previously said it was willing to consider "in principle". Read More
(Alliance News) - Ireland's Finance Minister Paschal Donohoe is to leave his role in government and take up a position with the World Bank. Read More
(Alliance News) - Pollen Street Group Ltd on Tuesday reported third-quarter growth in assets under management, driven by fundraising momentum and deployment across both its private credit and private equity businesses. Read More
3i Group PLC - London-based private equity investor - Non-Executive Director Peter McKellar buys 25,000 shares at GBP34.46, worth GBP861,500, on Friday last week. 3i previously had said that associate Karen McKellar bought 4,000 shares on Friday. Finance Director James Hatchley buys 15,000 shares at GBP33.97, worth GBP509,550, on Monday. 3i directors and managers have bought a total of GBP3.7 million in shares since Thursday last week. Read More
Goodwin PLC - Stoke-on-Trent, Staffordshire-based mechanical and refractory engineering - Goodwin confirms that Goodwin family members involved in the business now own 53.0% of the company, following their sale of 99,458 shares at 190 per share, worth GBP18.9 million, reducing their combined stake to 4.0 million shares. The Goodwin concert party, including Goodwin family members not involved in the business, has a 53.7% stake. Read More
(Alliance News) - Great Portland Estates PLC on Tuesday reported profit and revenue growth, as the company hailed its leasing performance in the first half. Read More
(Alliance News) - Mining company BHP can be held "strictly liable" for a deadly dam collapse in Brazil, the High Court has ruled. Read More
Vast Resources PLC - copper and polymetallic miner in Romania, Tajikistan, and Zimbabwe. - Vast says it has "no current intention" to conduct an equity raise to satisfy a debt repayment due on December 31. The comment comes as part of response by Vast to questions from shareholders to the company and posted on investor foruwhichms. Vast Resources had USD12.0 million in debt as of its most recent financial year-end on April 30. One of its lenders started a process to enforce the security given to it by a Vast shareholder. Back in October, Vast raised GBP2.0 million from the placing of 1.11 billion shares at 0.18p. The fresh equity was used to repay USD1 million in debt, as well as for work to resuming operations at the Baita Plai mine and reopening the Manaila mine, both in Romania. On Tuesday, it says that, "assuming the right sales conditions", the proceeds from the sale of a diamond parcel alone will be sufficient to repay its outstanding debt. Otherwise, it will draw upon "alternative funding measures", though not an equity placing. The parcel includes 126,677 carats of stones. Read More
(Alliance News) - A trade union has urged the chancellor not to "sacrifice" oil and gas workers and ease the windfall tax at the budget this month. Read More
(Alliance News) - Bodycote PLC on Tuesday reported improving trading momentum across most of its end markets in the four months to October 31, although group revenue growth remained held back by ongoing plant closures under its restructuring programme. Read More
(Alliance News) - Softcat PLC on Tuesday reported "encouraging" progress in its financial first quarter, with growth broad-based across the business. Read More
(Alliance News) - FirstGroup PLC on Tuesday reported increased first half profit boosted by acquisitions, but cautioned the loss of the South Western Railway national rail contract will lead to "marginally" lower revenue in First Rail. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More