WINNERS & LOSERS: Broker downgrade hits Admiral; PPHE bid collapses
19th Jun 2026 09:38
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - JPMorgan European Discovery Trust PLC on Friday expressed optimism around the prospects for European small caps, as it outperformed its benchmark in its latest financial year, with performance buoyed by Germany's fiscal stimulus package. Read More
(Alliance News) - PPHE Hotel Group Ltd suitor Fattal Hotels Ltd confirmed Friday it does not plan to make an offer for the London listing, after its proposal was opposed by a key shareholder. Read More
(Alliance News) - Stock prices in London opened lower on Friday as investors weighed a rise in UK government borrowing, stronger-than-expected retail sales data and fresh political uncertainty following Andy Burnham's victory in the Makerfield by-election. Read More
Barratt Redrow PLC- Leicestershire, England-based housebuilder - Names Rebecca Napier as its new chief financial officer, with Napier joining the company on August 3. Notes that Napier is an experienced business leader, having most recently been CFO at Britvic PLC until its acquisition by Carlsberg Group last year. Adds that Napier also spent 17 years at International Consolidated Airlines Group SA, and was CFO of British Airways. Read More
(Alliance News) - PPHE Hotel Group Ltd on Friday said it a takeover proposal from Fattal Hotel Group is unlikely to materialise, as the London listing's 33% shareholder is opposed to bid. Read More
(Alliance News) - UK government borrowing rose more than expected in May, while Barratt Redrow named a new finance chief and LBG Media bought Gen Z-focused agency Uncovered for GBP26.8 million. Read More
(Alliance News) - UK government borrowing rose more than expected in May, as debt interest costs hit a record for the month, while separate figures showed retail sales rebounded on warm weather and promotional activity. Read More
(Alliance News) - Watkin Jones PLC on Thursday noted that its Refresh segment had secured work on a purpose-built student accommodation scheme in Reading. Read More
(Alliance News) - Stocks in London are set to open lower on Friday, as investors assess the political fallout from Labour's Makerfield by-election result and continued debate over the US-Iran peace agreement. Read More
(Alliance News) - Andy Burnham said Labour had a "final chance to change" after his decisive win in the Makerfield by-election set up a showdown with UK Prime Minister Keir Starmer. Read More
(Alliance News) - Veteran UK Labour politician Andy Burnham won a historic by-election on Friday, securing a parliamentary seat and clearing the way for a widely expected leadership challenge against beleaguered Prime Minister Keir Starmer. Read More
(Alliance News) - Polls closed late Thursday in a historic UK by-election which could determine embattled Prime Minister Keir Starmer's future, as a Labour rival eyeing a leadership bid vies for a parliamentary seat. Read More
Lion Finance Group PLC - Tbilisi-based lender in Georgia and Armenia, formerly known as Bank of Georgia - Armenian banking subsidiary, Ameriabank CJSC, completes the placement of USD50 million 8.0% perpetual subordinated callable additional tier 1 capital notes. The placement was conducted in the domestic market in accordance with local regulations and represents the second tranche of a USD100 million issuance programme. The first tranche was placed in February. Hovhannes Toroyan, Ameriabank's chief financial officer comments: "Following the success of the first tranche, the second tranche of AT1 notes was also fully allocated well ahead of the planned timeline, further demonstrating Ameriabank's strong franchise value and the high level of investor trust in the bank. The second tranche was placed at a yield to maturity 50 basis points lower than the first tranche, reflecting robust investor demand. By further strengthening our capital position, this transaction enhances our financial resilience and provides greater capacity to support our growth." Read More