Smiths News profit falls on restructuring costs; hails contract wins
(Alliance News) - Smiths News PLC on Wednesday celebrated contract wins but reported a decline in annual profit. Read More
(Alliance News) - Smiths News PLC on Wednesday celebrated contract wins but reported a decline in annual profit. Read More
(Alliance News) - Lion Finance Group PLC on Wednesday reported improved third quarter profit and it upped its payout. Read More
(Alliance News) - Axies Ventures PLC on Wednesday began trading on London's AIM market. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, with banking stocks rallying, while investors digested a sweeping Democratic victory in the US midterm elections and economic data showing accelerating inflation in the eurozone. Read More
(Alliance News) - Lancashire Holdings PLC on Wednesday said it remained on track to deliver a return on equity in the high teens for 2026, leaving the group well positioned for next year. Read More
(Alliance News) - Shares in Weir PLC fell on Wednesday morning in London, after the engineering firm said orders fell in one of its business lines and warned about short-term headwinds against its financial performance. Read More
(Alliance News) - JD Wetherspoon PLC on Wednesday said it targets opening up to 25 new pubs in the current financial year after reporting higher sales in the first quarter. Read More
Funding Circle Holdings PLC - London-based lender to small and medium businesses - Appoints Rob Straathof as chief executive officer, subject to regulatory approval, succeeding Lisa Jacobs, who announced her intention to step down in September. Straathof is expected to join the UK small business lending platform in the first half of 2027, with his appointment date to be confirmed. He currently serves as chief executive of Berlin-based technology subscription platform Grover Group GmbH and previously spent a decade leading small business lender Liberis. Jacobs will remain in her role to oversee the transition before stepping down no later than September 2027. Read More
(Alliance News) - Ireland's unemployment rate came in below 5% for October, data published by the Central Statistics Office showed Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - Trainline PLC on Wednesday said sales and ticket growth stalled in the first half of the financial year in the face of "multiple headwinds". Read More
Barclays PLC - London-based bank - Completes one share buyback and immediately starts another on Wednesday. Barclays buys back 213.0 million shares at an average price of 469.40 pence for a GBP1.00 billion in total in the buyback that it announced at the end of July. On Wednesday, it starts a new GBP500 million buyback, which it will complete by April 16 next year. The new buyback will be run by JP Morgan Securities PLC, while the previous one was run by Citigroup Global Markets Ltd. All repurchased shares will be cancelled to reduce share capital. Read More
(Alliance News) - AIB Group PLC increased its annual guidance across several metrics after the Dublin-based bank said it delivered "another strong quarter" through September. Read More
BP PLC - London-based oil and gas company - Appoints chemical engineer Emma Lewis as executive vice president to lead its Downstream business. Lewis, who most recently led Shell PLC's chemicals business, will join BP on January 4. Until then, Richard Harding, interim vice president since July, will continue in the role. Chief Executive Meg O'Neill says: "Downstream plays a strategically important role in BP's success, and I look forward to working with Emma [Lewis] as we continue to strengthen performance and grow value for our shareholders." The Downstream segment encompasses the refining, terminals & pipelines, mobility & convenience, aviation, and bioenergy businesses. Read More
(Alliance News) - Growth in the UK services sector accelerated to an eight-month high in October, supported by stronger demand and an increase in employment, although rising cost pressures added to expectations of further Bank of England interest rate hikes, survey data from S&P Global showed on Wednesday. Read More