WINNERS & LOSERS: Airtel Africa falls; Softcat funds US deal
(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) - Stock prices in London opened lower on Friday, despite stronger-than-expected UK retail sales, as weakness in Airtel Africa weighed on the FTSE 100. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Harworth Group PLC on Friday rejected another takeover approach from Peel Pepper UK Ltd, as it said the revised offer continued to significantly undervalue the company. Read More
(Alliance News) - boohoo Group PLC on Friday said Iain McDonald has returned to the board as chair just seven months after he stepped down as a director, replacing Tim Morris with immediate effect. Read More
(Alliance News) - Softcat PLC on Friday said it raised GBP354 million in equity to help fund the USD1.05 billion acquisition of GDT Topco LP in the US that it announced after the London market close on Thursday. Read More
(Alliance News) - Investec PLC and Ltd reported on Friday its financial performance for the first five months of its financial year was "stable" and indicated it was on track to meeting its annual guidance. Read More
(Alliance News) - AstraZeneca PLC on Friday said the US Food & Drug Administration granted a 'priority review' designation for efzimfotase alfa, an investigational enzyme replacement therapy. Read More
(Alliance News) - Thames Water's rescue deal by lenders should be rejected and the government should take it back into public control after the stricken supplier has been left in a damaging "doom loop", according to an influential group of MPs. Read More
(Alliance News) - UK Chancellor John Healey will press EU finance ministers not to shut the UK out of a plan to protect the bloc's industries from unfair competition as he meets counterparts in Dublin on Friday. Read More
(Alliance News) - UK retail sales rebound in August and beat market expectations. AstraZeneca's efzimfotase alfa receives 'Priority Review' in the US for the treatment of hypophosphatasia, while Softcat raises GBP354 million to help fund its USD1.05 billion acquisition of GDT. Read More
(Alliance News) - UK retail sales rebounded in August, while sales also increased over the latest three-month period, figures from the Office for National Statistics showed on Friday. Read More
Manx Financial Group PLC - Douglas, Isle of Man-based financial services firm - Says on Thursday it starts the merger of three of its UK subsidiaries into a single brand called Triskel Finance Ltd. The units involved are The Business Lending Exchange Ltd, Manx Collections Ltd and Blue Star Business Solutions Ltd. The merger is expected to drive higher earnings through workforce reductions, the removal of duplicated overheads and improved revenue, says Manx. Triskel Finance pretax profit is expected to increase to GBP1.1 million in 2028 from GBP0.1 million in 2025. Chief Executive Officer Douglas Grant says: "This project is another example of Manx Ventures improving profitability as well as creating embedded future value for the Group and its shareholders." Read More
(Alliance News) - Stocks in London are set to open marginally higher on Friday after the Bank of England held interest rates while signalling a more hawkish outlook, with investors also digesting the Bank of Japan's latest rate increase. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday, and not separately reported by Alliance News: Read More