SMALL-CAP WINNERS & LOSERS: Ferro-Alloy rises; Zotefoams revenue falls
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
London Stock Exchange Group PLC - London-based exchange operator and data provider - Commences share buyback programme worth up to GBP1.00 billion, effective immediately. Repurchases will end no later than February 25. LSEG has entered an irrevocable agreement with Citigroup Global Markets Ltd, and instructed Citi to buy the shares on its behalf. The repurchased shares will be cancelled upon settlement. LSEG says the repurchases will be executed on the London Stock Exchange and/or on Turquoise Equities Trading. Read More
Patria Private Equity Trust PLC - Edinburgh, Scotland-based investment company managed by Patria Capital Partners LLP - Estimated net asset value per share rises 1.0% to 821.7 pence at September 30 from 813.4p at a month earlier. Estimated NAV improves to GBP1.22 billion from GBP1.21 billion. Credits the advancement to gains arising from a 0.7% appreciation in the euro against sterling in September. Notes it paid GBP26.8 million of drawdowns during the month, and received GBP12.4 million of distributions. Reports outstanding commitments of GBP761.0 million at September 30, with the manager believing that approximately GBP93.0 million are unlikely to be drawn. Adds that it drew down GBP31.2 million in September from its GBP400.0 million syndicated revolving credit facility. This increased the total drawn balance to GBP226.5 million, leaving GBP173.5 million undrawn. Read More
(Alliance News) - Fermi Inc on Tuesday said its Matador project has been granted preliminary approval for over half of the natural gas-based power generation of its projected campus. Read More
(Alliance News) - Kore Potash PLC announced on Tuesday that it has received takeover approaches from two suitors operating in the potash industry. Read More
Resolute Mining Ltd - Africa-focused gold miner - Reports "minimal disruption" at its Syama mine in the south of Mali, with the asset continuing to "operate normally", as the company acknowledges articles pertaining to events in the country. AFP reported on Friday of a fuel blockade, as instability causes supply challenges within the region. Resolute Mining says it is "addressing the supply chain challenges, namely with delivery of fuel and explosives, by diversifying its supplier-base and logistics routes." However, it says that the situation "continues to be unpredictable". The company adds that permits for the Syama operation and exploration activities are in good standing, with employee safety a top priority. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Domino's Pizza Group PLC on Tuesday backed annual guidance after third quarter sales increased despite a drop in orders. Read More
(Alliance News) - International Workplace Group PLC on Tuesday reported stable group revenue in the third quarter, as it said "the evolution of occupancy and pricing" positions it well for further growth. Read More
(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Tuesday said they carried more passengers last month than a year before. Read More
(Alliance News) - Associated British Foods PLC on Tuesday said it is considering separating its Primark retail business and its Food operations as part of a review into the group's structure. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, amid a broad global selloff, while the UK chancellor refused to rule out tax rises in the forthcoming budget. Read More
(Alliance News) - Rachel Reeves put the country on notice that tax rises are coming in her Budget, saying "each of us must do our bit". Read More
(Alliance News) - AIB Group PLC on Tuesday lifted its annual guidance after a "strong" third quarter, despite rate cuts hitting net interest income. Read More
(Alliance News) - BP PLC on Tuesday said it continued to make good progress in the third quarter as it delivered better-than-expected profit and announced a new share buyback. Read More