(Alliance News) - Wholesale electricity prices in Ireland surged in September, while manufacturing producer price inflation accelerated, figures from the Central Statistics Office showed on Tuesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - Shoe Zone PLC on Tuesday said it expects trading conditions to remain subdued, citing a slower than expected start to the autumn and winter period. Read More
(Alliance News) - The level of businesses facing financial distress has hit a record high, as calls grow for the UK chancellor to alleviate cost pressures on the eve of his government budget statement on Wednesday, new research showed on Tuesday. Read More
(Alliance News) - Vistry Group PLC on Tuesday said it has hired the chief financial officer of Severn Trent PLC to be its own new CFO. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Informa PLC on Tuesday retained full-year earnings guidance but said sales growth will be lower than expected due to disruption to events in the Middle East. Read More
Pennon Group PLC - Exeter, England-based water utility - Receives acceptances from existing shareholders for 94% of its GBP550 million rights issue, a total of 207.5 million new shares. Pennon launched the 7-for-15 rights issue at 250 pence per share on October 7, offering a total of 220.3 million new shares. Underwriters Barclays Bank PLC and Morgan Stanley & Co will seek subscribers for the remaining 12.7 million shares, or subscribe for any shares not placed themselves. The fresh funds will be used by Pennon for capital investment in its regulated water businesses over the five-year regulatory period that began in 2025 and runs to 2030. Investment during asset management period 8, AMP8, is now expected to be GBP3.6 billion, around GBP1 billion more than Pennon's original plan. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, dragged down by sharp losses for HSBC and Reckitt Benckiser, as investors looked ahead to the UK government's budget and the start of the US Federal Reserve's monetary policy meeting. Read More
AstraZeneca PLC - Cambridge, England-based pharmaceutical maker - Says Enhertu, developed with Daiichi Sankyo Co Ltd, has been approved in the EU to treat adults with HER2-positive early breast cancer who have residual invasive disease following treatment before surgery. AstraZeneca says the European Commission approval follows results from the DESTINY-Breast05 phase III trial, presented in 2025, which showed Enhertu reduced the risk of invasive disease recurrence or death by 53% compared with T-DM1. Following approval, AstraZeneca will pay Daiichi Sankyo USD75 million as a milestone payment. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Tuesday lowered its annual guidance as third-quarter sales missed expectations due to an unexpected slowdown in the US. Read More
(Alliance News) - Severn Trent's chief financial officer Helen Miles is set to leave the water utility to join housebuilder Vistry, while Informa lowers its full-year revenue growth outlook following further disruption in Saudi Arabia. Reckitt Benckiser adjusts its annual revenue growth guidance amid manufacturing constraints and slower demand in China. Read More
Primary Health Properties PLC - London-based healthcare facility investor - Increases the target size of its existing joint venture with Universities Superannuation Scheme Ltd to GBP400 million from GBP250 million. Subject to additional approval, the investment has the potential to grow to GBP800 million over time, PHP says. The venture has also exchanged contracts to transfer GBP67 million of assets into the vehicle, with a further pipeline of assets expected to follow. The 20:80 joint venture will continue to support investment into essential National Health Service community healthcare buildings, it says. PHP unit Assura PLC established a GBP250 million joint venture with USS in May last year. Read More
(Alliance News) - The government has promised to end a cliff edge in benefits faced by unpaid carers as part of a cost-of-living package announced on the eve of the Budget. Read More