(Alliance News) - CQS Natural Resources Growth & Income PLC will conduct a tender offer and the investor in mining and resource-focused equities will boost its dividend going forward, Saba Capital Management LP said on Wednesday, as it hailed a "standstill agreement" between the duo. Read More
(Alliance News) - Creo Medical Group PLC on Wednesday said it reached a milestone for reimbursement of patients in the US receiving its procedures, highlighting that more patients are set to benefit from safer and more effective treatment options via endoscopic submucosal dissection procedures. Read More
(Alliance News) - GSK PLC on Wednesday said it will stop a late-stage trial early for an investigational oral antibiotic to treat complicated urinary tract infections, or cUTIs, after the treatment showed positive results in an interim analysis. Read More
(Alliance News) - JPMorgan Global Growth & Income PLC on Wednesday said its merger with Henderson International Income Trust PLC, also known as HINT, is set to complete on Thursday, with new shares in JPMorgan due to be admitted to trading that morning. Read More
Elementis PLC - London-based chemicals maker - Begins share buyback programme of up to GBP40 million, or USD50 million equivalent, starting Wednesday. The majority of shares repurchased will be cancelled, with a small portion held in treasury to satisfy obligations under the employee share scheme. Buyback to be conducted by broker Numis Securities Ltd under authority granted at its annual general meeting on April 29 and to run until no later than April 28, 2026. Read More
(Alliance News) - London stocks were mixed at midday on Wednesday ahead of policy meeting minutes from the US Federal Reserve at 1900 BST, and as oil prices begin to rise in the wake of potential US sanctions on Russia. Read More
Great Portland Estates PLC - London-based property company - Exchanges contracts to sell Challenger House, also known as Corner Hotel, in Whitechapel, east London, along with adjoining land, for GBP42.0 million to Yoomata Aldgate Property Ltd, a joint venture between Paris-based real estate firms Euragone Investment Management and Mata Capital. Sale price is marginally ahead of book value, Great Portland Estates says. Challenger House was originally acquired alongside the Hickman office building in 2017 for GBP49.6 million. GPE says sale proceeds will be reinvested into its development pipeline. Read More
(Alliance News) - Frontier Developments PLC on Wednesday reported an optimistic outlook, with full-year revenue expected ahead of forecasts. Read More
(Alliance News) - Fast fashion retailer Shein is now looking to list in Hong Kong, after plans for an initial public offering in London did not get the backing of regulators in China, Reuters reported on Wednesday. Read More
(Alliance News) - Irish retail sales volumes increased in April, driven by gains in department stores and specialised food retailers, though core activity excluding motor trades dipped slightly, figures from the Central Statistics Office showed on Wednesday. Read More
(Alliance News) - Schroder AsiaPacific Fund PLC on Wednesday reported a negative return for the first half of its financial year, slightly underperforming its benchmark, as cautious positioning in China and broader geopolitical risks weighed on results. Read More
(Alliance News) - Avingtrans PLC on Wednesday said it anticipates annual adjusted earnings for its financial year to be higher than market expectations, citing its Advanced Engineering Systems division. Read More
(Alliance News) - Cobalt Holdings PLC on Tuesday announced the price for its initial public offering in London and confirmed its first day of unconditional dealings on the London Main Market will be on June 10. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Softcat PLC on Wednesday lifted its full-year operating profit guidance, highlighting larger solutions projects. Read More