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Lastest Finance News

Synectics makes interim Chief Executive Officer Larnder permanent

18th Nov 2024 12:32

(Alliance News) - Synectics PLC said on Monday that it has appointed Amanda Larnder as its permanent chief executive officer with immediate effect. Read More

IQE eyes yearly profit climb as starts strategic review

18th Nov 2024 12:23

(Alliance News) - IQE PLC on Monday said it is confident in its long-term prospects due to its position in providing advanced compound semiconductors, as it launched a strategic review. Read More

IN BRIEF: ValiRx notes subsidiary's shipment of patient derived cells

18th Nov 2024 12:21

ValiRx PLC - Hatfield Heath, England-based life sciences company focused on early-stage cancer therapeutics and women's health - Says subsidiary Inaphaea BioLabs Ltd has made the first customer shipment of its first batch of patient derived cells, which are provided as part of its new range of assay ready reagents. ValiRX says, though the order value is immaterial, it endorses the group's product offering and potential revenue source. Chief Executive Officer Mark Eccleston says: "This first sale of our new product range is a major milestone for our commercialisation efforts." Read More

IN BRIEF: Tate & Lyle issues shares to complete purchase of CP Kelco

18th Nov 2024 12:18

Tate & Lyle PLC - London-based provider of ingredients to food and beverage producers - Completes acquisition of CP Kelco from the US's JM Huber Corp. Tate & Lyle in June agreed to buy nature-based ingredients firm CP Kelco. The USD1.8 billion takeover of the Atlanta, Georgia-based company consisted of USD1.15 billion in cash, plus USD645 million from the issue of 75 million new Tate & Lyle shares, giving a value of USD8.60 per Tate & Lyle share. The new shares are admitted to trading in London on Monday, increasing the total to 476.7.6 million, including shares in treasury. Read More

Cerillion ups dividend following record year of trading

18th Nov 2024 12:17

(Alliance News) - Cerillion PLC on Monday said revenue and profit reached new heights and it raised its payout. Read More

Begbies Traynor expects profit growth despite increased wage costs

18th Nov 2024 12:16

(Alliance News) - Begbies Traynor Group PLC on Monday said it expects to report profit in line with market expectations for the first half of its current financial year, despite a hike in employment costs from increased national insurance contributions. Read More

LONDON MARKET MIDDAY: UK stocks mixed, gold price continues climbing

18th Nov 2024 11:58

(Alliance News) - London's FTSE 250 fell into the red by midday on Monday, while across the Channel official figures showed significant growth in the eurozone's trade surplus. Read More

IN BRIEF: Avation declares first dividend since Covid pandemic

18th Nov 2024 11:52

Avation PLC - Singapore-based commercial passenger aircraft leasing - Declares 0.5 pence per share final dividend for the financial year that ended on June 30. It will be Avation's first annual dividend since financial 2020, when it paid 10.6 US cents per share. "We are pleased to return to paying a dividend to reward our shareholders," says Executive Chair Jeff Chatfield. "We will continue to consider the payment of dividends in the future as and when the performance of the company permits." Avation will hold its annual general meeting on December 19 in Singapore. Read More

Judges Scientific shares fall as company expects lower 2024 earnings

18th Nov 2024 11:48

(Alliance News) - Judges Scientific PLC said on Monday that delays and deferrals in orders have prompted the company to lower its expectations for adjusted basic earnings per share for the year. Read More

Polar Capital assets under management increase amid investor demand

18th Nov 2024 11:44

(Alliance News) - Polar Capital Holdings PLC on Monday said assets under management increased in the first half of its current financial year, amid profit growth and "strong investor demand". Read More

IN BRIEF: GCP Asset Backed Income Fund completes capital distribution

18th Nov 2024 11:43

GCP Asset Backed Income Fund Ltd - investor in UK-based asset backed loans that is currently in a managed wind-down - Completes compulsory redemption of shares on Friday. Redeems 50.4 million shares, 19% of its total, at 89.34 pence each, worth GBP45.0 million. GCP Asset Backed Income Fund now has 215.6 million shares in issue. The company's second compulsory redemption was first announced earlier this month, when it also declared a dividend of 1.58p per share for the third quarter. The redemption price was the fund's net asset value per share on June 30 of 90.92p, less that quarterly payout. Read More

Resolute Mining agrees USD180 million settlement with Mali government

18th Nov 2024 11:17

(Alliance News) - Resolute Mining on Monday said it has executed a memorandum of understanding with the Mali government amid a tax row and employee safety concerns. Read More

IN BRIEF: Mears Group completes GBP20 million share buyback

18th Nov 2024 11:16

Mears Group PLC - Gloucestershire-based provider of services to UK housing sector - Completes on Friday the GBP20 million share buyback programme that it started in late August. Mears buys back 5.4 million shares, about 5.6% of its total, at average 372.8 pence. The shares will be cancelled. Read More

Transense Technologies in tyre management solutions tie-up

18th Nov 2024 11:13

(Alliance News) - Transense Technologies PLC on Monday said it has launched a tyre management system partnership with German software platform Tiretask GmBH. Read More

SMALL-CAP WINNERS & LOSERS: Pod Point passes charge point "milestone"

18th Nov 2024 11:09

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

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