Lloyds Banking Group PLC - Edinburgh-based lender - Completes GBP2.0 billion share buyback programme on Wednesday. Since starting purchases back in February, Lloyds buys back 3.69 billion shares. Read More
(Clarifies that the S&P/ASX200 closed up 0.4%.) Read More
(Alliance News) - Stocks in London are set to open slightly lower on Thursday, with a freshly Republican US Congress handing Donald Trump easy legislative power and the outlook still uncertain for other countries awaiting his tariff decisions. Read More
(Alliance News) - Ten Lifestyle Group PLC on Wednesday said profit fell more than 50% in its most recent financial year despite "record" earnings, as the company's expenses increased. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - The UK housing market showed signs of strengthening in October, with buyer activity picking up, according to surveyors. Read More
(Alliance News) - UK pension "megafunds" are set to be created to help unlock billions of pounds of investment in businesses and infrastructure. Read More
(Alliance News) - Boohoo Group PLC on Wednesday called on shareholders for GBP39.3 million to bolster its balance sheet as it seeks to fend off the unwanted attentions of shareholder Frasers Group PLC. Read More
(Alliance News) - Stocks in London closed mixed on Wednesday amid continuing uncertainty in Europe and as figures showed progress in cutting US inflation has stalled. Read More
(Alliance News) - Great Western Mining Corp PLC on Wednesday celebrated "positive" results from soil and grab sampling at its West Huntoon porphyry copper prospect. Read More
Capital & Regional PLC and NewRiver REIT PLC says in separate filings their respective shareholders have approved a proposed deal that will see NewRiver acquire Capital & Regional. The two companies held general meetings of their shareholders on Wednesday. In September, Capital & Regional accepted the offer from NewRiver, valuing Capital & Regional at GBP147 million. Capital & Regional and NewRiver say the proposed transaction is subject to sanctioning at the court hearing expected on December 6, with the deal becoming effective on December 10. Capital & Regional expects to delist from the Johannebsurg Stock Exchange on April 30, 2025. Read More
(Alliance News) - Sovereign Metals Ltd on Wednesday said that it has started backfilling the pit at Kasiya, following a successful mining trials stage at the programme. Read More
(Alliance News) - The UK government is set to lay out its plans this week for a regulated stock exchange for private companies in a bid to support UK equity markets, City AM reported on Wednesday. Read More
OTAQ PLC - London-based marine technology company - Expects revenue for 2024 to be below current market forecasts. It explains that some order have taken longer to convert and are now not expected to be completed until 2025. While its Offshore unit is continuing to work on several new orders and will meet management expectations for 2024, OTAQ's Aquaculture division has seen new sales prospects defer the decision to place firm orders. Meanwhile, the company is evaluating further potential cost savings after it has taken action to restructure the business over the recent weeks. Read More
XLMedia PLC - London-based sports digital media company - Says it has completed the disposal of its North America business to Sportradar AG, having received USD20 million of the USD30 million transaction value. XLMedia has therefore become an AIM rule 15 cash shell, focused on distributing disposal proceeds among shareholders, as promised when it agreed to the North America disposal in late October. Sportradar is a St Gallen, Switzerland-based sports technology solution provider. XLMedia previously sold its Europe and Canada assets to Gambling.com Group Ltd for USD42.5 million. Plans to continue trading on AIM until final consideration payments from both transactions are received. Expects trading in ordinary shares to be suspended on or around May 13, after which it will take steps to effect cancellation. Read More