LONDON MARKET OPEN: Europe rises as yields cool and oil price falls
(Alliance News) - Stock prices in Europe opened higher on Wednesday, with London's FTSE 100 supported by miners, before focus turns to US data in the afternoon. Read More
(Alliance News) - Stock prices in Europe opened higher on Wednesday, with London's FTSE 100 supported by miners, before focus turns to US data in the afternoon. Read More
(Alliance News) - Gemfields Group Ltd reported on Wednesday that its interim loss deepened as it grappled with challenges at its ruby mine in Mozambique and booked impairment charges. Read More
(Alliance News) - Greggs has lifted its annual profit view and proposed cuts to around 700 jobs in a manufacturing review, while Saga says it will meet its medium-term aims earlier than expected. Read More
(Alliance News) - The UK economy grew at a stronger pace than expected in the second quarter of the year, according to data from the Office for National Statistics on Wednesday. Read More
First Class Metals PLC - Ontario-focused mining company - Pretax loss for the half year ended June 30 is GBP1.2 million, widened from GBP931,314 a year earlier. The loss was reflected in administrative expenses of GBP1.2 million rising 24% from GBP939,700 a year earlier. First Class Metals is at the pre-revenue phase, unchanged year-on-year. Cash and cash equivalents stood at GBP1.17 million at June 30, up from GBP77,398 at December 31. Executive Chair James Knowles says it approached the remainder of 2026 "with considerable confidence", noting the "highly supportive" gold market and company's position. First Class Metals says its Sunbeam project remains a priority, with 11 of 12 holes at the Roy prospect intersecting the targeted structure, including one returning 5.1 metres at 4.14 grammes of gold per tonne. It also completed the Kerrs agreement with nGRND Inc, covering an initial 77,293 ounces for indicative consideration of about USD10.64 million. Read More
Mortgage Advice Bureau Holdings PLC - Derby, England-based mortgage broker - Says Chief Financial Officer Designate Jo Stent will be appointed chief financial officer on Thursday, replacing Emilie McCarthy, who leaves the board on Wednesday. Stent has been working alongside McCarthy since July to ensure "an orderly transition of responsibilities". Previously, Stent has served on the boards of Frontier IP Group PLC and Argentex Group PLC. Mortgage Advice Bureau also announces the departure of Nathan Imlach as non-executive director effective Wednesday. Read More
(Alliance News) - Stocks in London are set to open higher on Wednesday, supported by strong trade in Asia, before eyes turn to US data in the afternoon. Read More
(Alliance News) - Andy Burnham has acknowledged he could go "all the way" and propose rejoining the EU as he considers the UK's future relationship with Brussels. Read More
(Alliance News) - American Airlines Group Inc on Tuesday announced its intention for Alaska Airlines Inc to join its Atlantic and Pacific joint businesses. Read More
WeCap PLC - London-based investor whose main holding is e-commerce and social media platform WeShop Holdings Ltd - Says WeShop mobile app will launch in the US on November 16, "timed for holiday season shopping". Read More
Harworth Group PLC - Rotherham, South Yorkshire-based property regeneration company - Says Peel Pepper (UK) Ltd's revised offer of 187 pence per share has become unconditional as it has received valid acceptances in respect of 52.06% of Harworth's issued share capital. Peel also has agreed to purchase a further 49.2 million shares at 187 pence or less, with settlement expected by October 1, which would take its and its concert parties' holding to 219.5 million shares, or 67.11%. Harworth urges shareholders to accept the offer as soon as possible if they have not already done so. The final offer will remain open for acceptance until further notice, Harworth says, adding that BidCo will give at least 14 days' notice by an announcement before the offer is closed for acceptances. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday, and not separately reported by Alliance News: Read More
(Alliance News) - Niox Group PLC on Tuesday reported lower revenue but increased profit for its first half, and announced plans to return up to GBP12.5 million to shareholders through a tender offer. Read More
(Alliance News) - Prime Minister Andy Burnham promised greater public control over essential services Tuesday as he vowed to reverse decades of privatisation during an emotional first speech to his Labour party's annual gathering as leader. Read More