(Alliance News) - Hammerson PLC said on Thursday it had raised GBP189 million through an equity issue to partly fund a major property acquisition in Manchester, England. Read More
(Alliance News) - The FTSE 100 posted a new record high on Thursday, but ended lower as investors weighed a barrage of earnings and interest rate holds on either side of the Atlantic. Read More
(Alliance News) - Anglo American PLC will occupy the top executive posts at Anglo Teck PLC upon completion of Anglo's merger with Teck Resources Ltd. Read More
Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Says auction revenue rises 72% to USD102.9 million for the six months that ended June 30, from USD60 million a year earlier. Notes that its Montepuez Ruby Mining Ltda in Mozambique continues to experience weak premium-grade ruby recovery. But Zambian-based Kagem Mining Ltd maintains "healthy" premium emerald production, while higher fuel prices, exchange rate pressures and increased mining activity impacted operating costs. Read More
(Alliance News) - Bank of England Governor Andrew Bailey said the domestic "disinflation process is in place", with eyes now on whether the energy price shock leads to second round effects. Read More
Land Securities Group PLC - London-based commercial property developer - Chief Executive Mark Allan sells 53,273 shares at GBP7.06, worth GBP375,942, on Tuesday. Allan also Tuesday exercises options for 268,531 shares and sells 126,463 of these at the same price of GBP7.06, worth GBP892,701, to cover the resulting tax liability. Chief Financial Officer Vanessa Simms exercises options for 164,474 shares, also on Tuesday, and sells 77,458 of them at GBP7.06, worth GBP546,775, to cover tax. Allan now has 724,723 shares worth GBP5.1 million and Simms has 407,194 worth GBP2.9 million. Read More
Vodafone Group PLC - Berkshire, England-based telecommunications provider - Completes the buyout of the 49% stake in UK telecoms joint venture VodafoneThree from partner CK Hutchison Holdings Ltd. Vodafone is paying the Hong Kong-based conglomerate GBP4.3 billion for its holding in the JV, which is the product of the merger last year of the UK mobile and broadband businesses of Vodafone and Hutchison's Three. Vodafone on Thursday says the acquisition is fully funded from its existing cash resources, and it expects to capture GBP700 million in annual cost and capital expenditure synergies by financial 2030. Read More
Whitbread PLC - Dunstable, England-based operator of Premier Inn and other hospitality chains - Simon Ewins, managing director of UK Hotels & Restaurants, together with Tracey Ewins, sells 3,000 shares at GBP24.85, worth GBP74,550, on Tuesday. Read More
(Alliance News) - Drax Group PLC on Thursday said it is actively developing options for more renewable energy production, including the proposed takeover of Bluefield Solar Income Fund Ltd, as it posted lower profit amid challenging UK weather conditions. Read More
(Alliance News) - Primary Health Properties PLC on Thursday delivered a strong interim financial performance, as the healthcare facility investor remained focused on integrating Assura PLC. Read More
(Alliance News) - Hammerson PLC on Thursday announced plans to raise GBP190 million through an equity offering to partly fund a major property acquisition in Manchester, England, as the city-centre shopping centre landlord posted a decline in interim profit. Read More
(Alliance News) - Chemring Group PLC on Thursday said it has hired a 17-year veteran of fellow defence contractor Babcock International Group PLC to be it next chief executive. Read More