Rockwood Strategic optimistic despite lower first-half return
(Alliance News) - Rockwood Strategic PLC on Thursday reported weaker performance in its first half, but maintained hopes of "positive progress" for the remainder of the year. Read More
(Alliance News) - Rockwood Strategic PLC on Thursday reported weaker performance in its first half, but maintained hopes of "positive progress" for the remainder of the year. Read More
(Alliance News) - Gaming Realms PLC on Thursday said it extended its licensing agreement with Light & Wonder Inc. Read More
(Alliance News) - Lloyds Banking Group PLC is set to scrap its wealth management tie-up with Schroders PLC and take control of the unit amid efforts to sharpen its focus on more affluent customers. Read More
NB Distressed Debt Investment Fund Ltd - fund focused on distressed, stressed and special situation credit, with a focus on senior debt backed by hard assets - Sells remaining commercial mortgage asset at a realised valuation below the investments carrying value. Says the investment consisted of a commercial mortgage in the Netherlands, with sale proceeds totalling EUR7.8 million. Adds that it consisted of a defaulted term loan expiring May 31 this year, with an interest rate of 4.36%. Notes no impact from the sale on the companies net asset value of the ordinary share class. Adds that following this sale, it does not anticipate making further distributions in respect of any share class prior to the company's liquidation. Read More
(Alliance News) - International Biotechnology Trust PLC on Thursday said it has partnered with Schroders Capital to access more investees in the earlier stages of development. Read More
(Correcting that CFO Clifford Abrahams purchased shares, not sold) Read More
(Alliance News) - Avation PLC on Thursday reported a "year of consolidation", as it posted revenue gains but saw its bottom line hurt by unrealised losses. Read More
(Alliance News) - Kooth PLC on Thursday reported the renewal of its contract with the US state of New Jersey for an additional year, with it continuing to provide mental health services through its Soluna platform, Read More
(Alliance News) - Pacific Assets Trust PLC on Thursday reported "disappointing" performance in the first half, alongside plans to address this via lower management fees and a future tender offer. Read More
(Alliance News) - Kenmare Resources PLC on Thursday reported that a fatal incident involving a police officer took place in the early hours of Tuesday. Read More
(Alliance News) - Stock prices in London were higher at midday on Thursday in choppy trading, after Tesco's interim results were welcomed by investors. Read More
(Alliance News) - Gore Street Energy Storage Fund PLC on Thursday saw it shares climb higher as it reported a special dividend and an accelerated board refreshment plan. Read More