Wizz Air Holdings PLC - Budapest-based budget airline - Carries 5.3 million passengers in January, up 8.5% from 4.9 million a year before. However, capacity is increased by 11%, so load factor slips to 84.4% from 86.0%. On a rolling 12 month basis, Wizz carries 69.0 million passengers, up 9.8% from 62.9 million a year before. Capacity is up 10%, so load factor edges down to 90.9% from 91.1%. Read More
(Alliance News) - AstraZeneca PLC on Tuesday reported mixed news with progress for its cancer treatment Datroway, while US regulatory authorities requested more information on autoimmune disease drug Saphnelo before progressing its application. Read More
(Alliance News) - UK grocery sales rose in January while inflation eased, according to new data from Wordpanel by Numerator on Tuesday, as own label spending climbed to a record level as customers looked to manage their budgets. Read More
(Alliance News) - AG Barr reports revenue growth and buys soft drink brands Fentimans and Frobishers, while Filtronic expects to meet market expectations despite lower interim earnings. Read More
Tharisa PLC - Cyprus-headquartered platinum miner - Says Chief Finance Officer Michael Jones will retire, with effect from July 31. Jones became the CFO in January 2013. Notes that it will commence the process to find a suitable replacement, evaluating both internal and external candidates. "Michael will assist the group during the process and provide support to ensure a seamless handover of responsibilities," Tharisa says. Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, with the FTSE 100 set to marginally extend its gains from Monday's record finish. 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) - Ireland's manufacturing sector saw a slower start to the year, though firms remained upbeat about the outlook, S&P Global reported Tuesday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 shrugged off a weak start, and further volatility in metals and oil prices, to hit new highs on Monday, amid optimism in the manufacturing sector on either side of the pond. Read More
(Alliance News) - Drugs firm GSK PLC is axing up to around 350 research and development jobs across the US and UK as part of an ongoing overhaul of the division. Read More
(Alliance News) - GCP Infrastructure Investments Ltd on Monday said it has continued to assess the level of constraint for two onshore wind projects in Northern Ireland that participate in the Irish single electricity market, as it posted a small decline in net asset value during its first financial quarter. Read More
(Alliance News) - CAB Payments Holdings PLC on Monday rejected an increased possible offer by the Helios consortium. Read More
Legal & General Group PLC - London-based insurer - Completes the sale of its US protection and US Pension Risk Transfer businesses, together its US insurance entity, to Japan's Meiji Yasuda Life Insurance Co for equity value of USD2.3 billion, with net proceeds of GBP1.8 billion. Also establishes a long-term partnership with Meiji Yasuda, which will acquire a 5% economic interest in L&G. Says the two firms offer a highly compelling US PRT proposition. Legal & General reports a solvency II capital generation of GBP1.2 billion and expects the proforma 2025 solvency II coverage ratio to increase by around 7 percentage points, allowing for an expected GBP1 billion share buyback from the sale proceeds. This brings its total planned share buyback value to GBP1.2 billion for 2026. Expects group IFRS profit exceeding GBP1.3 billion, reflecting the difference between sale proceeds and the US entity's adjusted carrying value in its balance sheet. Read More