(Alliance News) - BlackRock Frontiers Investment Trust PLC on Thursday said it outperformed its benchmark and raised its half-year interim dividend, as it maintained a positive view on frontier markets amid global uncertainty. Read More
(Alliance News) - Capital Gearing Trust PLC on Thursday lifted its annual payout by more than 30%, thanks to the distribution of interest income, as its total return beat UK inflation. Read More
(Alliance News) - Finsbury Growth & Income Trust PLC on Thursday reported that its share price discount shrank during the first half, though overall performance was lukewarm. Read More
(Alliance News) - Jardine Matheson Holdings Ltd on Thursday said it has appointed Lincoln Pan as chief executive officer from December, succeeding John Witt who will retire at the end of November. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - HarbourVest Global Private Equity Ltd announced an improvement in net asset value total return, but continued to underperform against its benchmark which is boosted by the well-performing Magnificent 7. Read More
Keller Group PLC - London-based geotechnical engineering company - Completes initial GBP25 million tranche of a multi-year share buyback programme, launched at the end of March. Keller says it bought 1.7 million shares at an average price of 1,473.77 pence each. The shares will be held in treasury, Keller says. Read More
Foresight Environmental Infrastructure Ltd - Guernsey-registered environmental infrastructure investment fund with a portfolio of assets located across the UK and Europe - Declares a final quarterly dividend of 1.95 pence per share. The total dividend for the 12 months to the end of March is 7.80 pence, up 3.0% from 7.57p a year ago and in line with its dividend target. The quarterly dividend will be paid on June 27. Read More
(Alliance News) - Foresight Solar Fund Ltd on Thursday said it has extended and reduced its revolving credit facility and therefore generated fee savings. Read More
(Alliance News) - Inspired PLC suitor Regent Acquisitions Ltd on Wednesday said acceptances for its bid increased slightly, a day after the AIM listing received a rival takeover proposal. Read More
(Alliance News) - Hollywood Bowl Group PLC shares fell on Thursday as it reported lower profit despite higher revenue in the first half of the year, and it noted a short-term hit from recent sunny weather in the UK that kept people out of bowling alleys. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Hikma Pharmaceuticals PLC - London-based drug maker with operations in Jordan - Notes that credit rating firm Fitch has upgraded Hikma's long-term issuer default rating and senior unsecured rating to BBB from BBB- with a stable outlook. The rating affects Hikma Finance USA LLC's USD500 million in debt notes. "I am pleased that now both Fitch and S&P have upgraded Hikma to BBB, reinforcing our investment grade rating," says Chief Financial Officer Khalid Nabilsi. S&P raised Hikma to BBB earlier this month. Hikma had USD1.12 billion in net debt as of December 31, up from USD976 million a year before. It had a net debt to core earnings ratio of 1.4 times. Read More
(Alliance News) - BP PLC on Thursday said first gas has been delivered from the Mento project off the southeast coast of Trinidad. Read More
Hiscox Ltd - Bermuda-based specialist insurer - Taps Peter Clarke to be its next chair, joining the board on Sunday and replacing Colin Keogh as chair on July 1. Clarke is a former chief executive officer and chief financial officer of investment manager Man Group PLC, leaving in 2013. Since then, Clarke has served on a string of boards, including as chair of fellow insurer Lancashire Holdings PLC for seven years. "Peter joins us at an exciting moment in the development of Hiscox, as we pursue ambitious expansion plans," says CEO Aki Hussain. Read More