EARNINGS: Cobra Resources swings to profit; African Pioneer loss falls
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
abrdn Property Income Trust Ltd - Guernsey-registered investor in UK real estate - Announces its 2025 results on Tuesday. Reports a 3.2 pence net asset value per share as at December 31, down 60% from 8.0p one year prior. Of the NAV, 1.7p per share relates to its final holding, land in the Cairngorms known as 'Far Ralia'. Share price total return is 5.5% for the year, compared with 11.9% from the FTSE All-Share Real Estate Investment Trusts index and 24.0% from the FTSE All-Share index. The company is in the process of a formal liquidation. Notes that 59.9p per share has been distributed to shareholders to date. "The board remain cognisant that the company no longer has any income-producing assets (excluding interest on cash holdings) and the costs of running the company are now eroding shareholder funds by approximately GBP600,000 per annum (net of interest on cash holdings) based on current projections," says Chair Mike Balfour. "The board and investment manager are, therefore, focused on minimising expenditure." Read More
(Alliance News) - The FTSE 100 closed down on Friday, but above early lows, while the oil price fell amid reports that Iran has made a new proposal amid stalled US peace talks. Read More
3i Infrastructure PLC - Jersey-based infrastructure investor - Board approves the appointment of Andrew Sykes to succeed Richard Laing as chair, the company announces on Wednesday. Sykes, who spent 26 years at Schroders PLC and is currently senior independent director of Intermediate Capital Group PLC (ICG), will join the board as an independent non-executive director & chair designate on July 23. He will be officially appointed chair, effective January 1, when Laing will step down, 3i Infrastructure says. Company further notes that Sykes served as interim chair of ICG from March, 2022 to February, 2023. He will step down from ICG's board at the end of March next year. Read More
(Alliance News) - Parts of the UK's latest manufacturing PMI data "make grim reading", but overall the report contributed to a "remarkably" positive picture of the economy, according to analysts. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - First Class Metals PLC on Friday reported optimistically on the outlook for the metals sector, as it posted a slightly narrower loss in 2025. Read More
(Alliance News) - RM Infrastructure Income PLC shares fell on Friday as it said it has completed a GBP12.4 million tender offer as part of its ongoing managed wind-down. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Scottish Oriental Smaller Cos Trust PLC on Friday reported a half-year total return lagging far behind wider market indices. Read More
(Alliance News) - Stock prices in London were lower at midday on Friday, as hopes of diplomatic progress in the Middle East, and a batch of domestic data, failed to lift sentiment in holiday-thinned trade. Read More