(Alliance News) - IP Group PLC on Tuesday reported increased net asset value amid a "supportive" investment climate, and said it commences its second half with "growing momentum". Read More
(Alliance News) - Princes Group PLC on Tuesday announced a higher interim profit as revenue for its Italian Products unit surged, while Fish revenue was down a notch due to lower raw tuna prices. Read More
(Alliance News) - Schroder Asian Total Return Investment Co PLC on Tuesday reported a strongly positive first half of the year during which the trust outperformed its reference index, ahead of its agreed merger with peer Pacific Assets Trust PLC. Read More
(Alliance News) - Stock prices in London were on the decline on Tuesday, after US yields hit near-two-decade highs in the run-up to Wednesday's Federal Reserve decision, while New York equity market futures were lower even after Monday's declines prompted by artificial intelligence worries. Read More
(Alliance News) - Pollen Street Group Ltd on Tuesday reaffirmed its full-year guidance after reporting "strong and consistent" first-half results, including double-digit assets under management growth. Read More
Glenveagh PLC - Kildare, Ireland-based housebuilder - Teleios Capital Partners LLC sells a EUR46 million stake in the housebuilder, cutting its holding to just under 11%. Teleios is a Zug, Switzerland-based specialist investment manager and activist hedge fund. It sells 20.6 million Glenveagh shares at EUR2.23 each, worth EUR46.0 million in total. The shares represent a 4.1% stake in Glenveagh, and following the sale, Teleios continues to own 10.6%. Glenveagh itself buys back EUR20 million of the shares on offer, 9.0 million shares, just under half, as part of its share buyback programme. Jefferies International Ltd, the sole global coordinator and sole bookrunner, had announced the share sale after the London market close on Monday. Read More
(Alliance News) - Kier Group PLC on Tuesday reported increased earnings and forecast future results at the top end of guidance, as well as setting out "clear strategic priorities" to strengthen the business going forward. Read More
(Alliance News) - Wickes Group PLC on Tuesday said it is on course to meet full-year profit expectations after reporting a "significantly" improved trend so far in its third quarter. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - People in the UK relying solely on the full new state pension are on course to breach the personal tax allowance for the first time after official earnings data put some pensioners in line for a potential rise of nearly GBP500 a year from next April. Read More
(Alliance News) - Trustpilot Group PLC on Tuesday delivered in-line results but shares fell as a couple of accounting discrepancies took some of the gloss off what it called a "strong" first-half. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - GSK PLC on Tuesday said it has agreed to buy "a potential best-in-class" T cell-engager aimed at treating multiple myeloma from China-based clinical-stage biotechnology company Chimagen Biosciences for up to USD750 million. Read More
(Alliance News) - Stock prices in Europe opened lower on Tuesday, with elevated bond yields, a lofty oil price and underwhelming China data combining to keep sentiment subdued, on the eve of the next Federal Reserve decision. Read More