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Lastest Finance News

Irish Taoiseach Harris likes Friday elections but no polling date yet

22nd Oct 2024 10:31

(Alliance News) - Taoiseach Simon Harris has hinted that the upcoming Irish general election will be held on a Friday, narrowing the possible dates it will take place. Read More

SMALL-CAP WINNERS & LOSERS: Pinewood wins deal; Halfords motors higher

22nd Oct 2024 10:30

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

Alphawave shares surge as new bookings jump on-year in third quarter

22nd Oct 2024 10:17

(Alliance News) - Alphawave IP Group PLC reported a comfortable climb in new bookings in the third quarter, with the company hitting a milestone. Read More

IN BRIEF: Sound Energy gets government approval for Moroccan disposal

22nd Oct 2024 10:17

Sound Energy PLC - gas development projects in Morocco - Secures Moroccan government approval for the sale of its Moroccan assets to local company Managem SA. Sound Energy on Monday confirms it has received formal approval from the minister of Energy Transition & Sustainable Development for the sale of Sound Energy Morocco East Ltd, the holder of the assets. The approval allows the subsidiary to continue as the operator of the Tendrara exploitation concession and of the Anoual and Grand Tendrara exploration permits following its transfer to Managem. The deal for USD45.2 million was first announced back in June. Sound Energy will continue to hold 20% of the Tendrara production concession and just under 28% working interests in each of the Anoual and Grand Tendrara exploration permits. Some deal conditions remain, and Sound Energy says it will make further announcements. Read More

IN BRIEF: Drax readies second part of GBP300 million share buyback

22nd Oct 2024 10:03

Drax Group PLC - Yorkshire, England-based power generator - Confirms it will go ahead of the second tranche of its GBP300 million share buyback programme. Like the first tranche, the second will be worth up to GBP75 million. So far under the first tranche, begun in July, Drax has bought back 9.0 million shares for GBP59 million. The buyback will continue to be run by RBC Europe Ltd, and the second tranche will begin as soon as the first is completed, Drax says. Read More

Halfords backs annual outlook as sales growth stalls in first half

22nd Oct 2024 09:47

(Alliance News) - Halfords Group PLC on Tuesday said it was focused on "controlling the controllables", given a cautious consumer environment. Read More

LONDON BROKER RATINGS: UBS trims Hiscox price target, raises Beazley's

22nd Oct 2024 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More

Sabre Insurance shares fall as notes prices softened during summer

22nd Oct 2024 09:35

(Alliance News) - Sabre Insurance Group PLC on Tuesday said it thinks insurance rates will have to increase to reflect current levels of claims inflation, as gross written premiums climbed despite growing price competition. Read More

IN BRIEF: Tesco picks Citi for next part of GBP1 billion share buyback

22nd Oct 2024 09:34

Tesco PLC - Welwyn Garden City, England-based supermarket chain - Contracts with Citigroup Global Markets Ltd to run the third tranche of Tesco's GBP1 billion share buyback. The third tranche will be worth GBP400 million. It will be completed by April next year. The second tranche of the buyback, which was run by Goldman Sachs International, was completed on Friday last week. In total, since the programme began in April, Tesco has bought back 188.3 million shares worth GBP600 million. All shares repurchased will be cancelled to reduce capital. Read More

IN BRIEF: Genus CFO Alison Henriksen to leave in July next year

22nd Oct 2024 09:17

Genus PLC - Basingstoke, Hampshire-based animal genetics - Chief Financial Officer Alison Henriksen will retire from Genus to return to Australia at the end of July next year, having been in post for five years. Genus says it has started the search for a successor as CFO. Read More

TOP NEWS: Morgan Sindall shares up as results to beat expectations

22nd Oct 2024 09:17

(Alliance News) - Morgan Sindall Group PLC on Tuesday provided an upbeat outlook despite trading being subdued in its Mixed Use Partnerships segment, with its Property Services remediation plan on track. Read More

TOP NEWS: Hunting shares fall 16% as cuts guidance as US stays slow

22nd Oct 2024 09:02

(Alliance News) - Hunting PLC on Tuesday cut its annual profit guidance, as a recent decline in oil and US natural gas pricing has hit sector sentiment. Read More

IN BRIEF: Workspace confirms November start date for new CEO Hutchings

22nd Oct 2024 09:02

Workspace Group PLC - London-based provider of flexible workspace - Says Lawrence Hutchings will take up the role of chief executive officer and join the board on November 18, succeeding Graham Clemett. The appointment was announced in May. Clemett will leave Workspace on January 31, 2025, at which time he will step down from the board. Read More

LONDON MARKET OPEN: FTSE 100 opens lower; SAP surges in Frankfurt

22nd Oct 2024 09:01

(Alliance News) - Stock prices in London opened lower on Tuesday, as Federal Reserve interest rate expectations steadily turn more hawkish, while UK government borrowing data gave the chancellor food for thought ahead of next week's budget. Read More

Lords committee urges UK government to begin talks with EU over data

22nd Oct 2024 08:57

(Alliance News) - The UK government has been urged by a House of Lords committee to begin early talks with the European Commission on securing a new data adequacy agreement to ensure the economy is not hit by extra costs and red tape. Read More

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