SMALL-CAP WINNERS & LOSERS: Record reports first-quarter assets rise
25th Jul 2025 10:14
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Jupiter Fund Management PLC on Friday reported a small rise in assets under management in the first half of 2025, though net flows remained slightly negative and profit declined. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Law Debenture Corp PLC on Friday reported a boost to net asset value during the first half of 2025, setting total returns ahead of the firm's benchmark. Read More
(Alliance News) - John Wood Group PLC on Friday said it has agreed to sell its 50% stake in RWG Repair & Overhauls Ltd to joint venture partner Siemens Energy AG for USD135 million in cash, as part of the oil field services company's drive to pay down its debt. Read More
(Alliance News) - Britain and Australia said Friday they will sign a 50-year commitment to their nuclear-powered submarine pact with the US, seeking to bolster a deal that Washington has thrown into doubt. Read More
(Alliance News) - London stocks opened lower on Friday, as UK retail sales rebounded in June but still underperformed expectations, and after the UK and Australia on Friday inked a 50-year commitment to its submarine deal with the US. Read More
(Alliance News) - Rightmove PLC on Friday said developers of new homes in the UK remain optimistic, as the property selling website reported a climb in profit, revenue and a higher interim dividend. Read More
Close Brothers Group PLC - London-based merchant bank - Agrees to sell City broker Winterflood Securities, to London-based Marex Group PLC for GBP103.9 million in cash. The deal is expected to complete in early 2026 and is subject to regulatory approval. "This transaction marks another important step in simplifying the group to focus on our core specialist lending business, following the sale of [Close Brothers Asset Management] in February 2025," says Close Brothers Chief Executive Officer Mike Morgan. Close Brothers expects the sale proceeds to benefit its CET1 ratio by around 30 basis points, increasing it to 14.3% from 14.0%. This is based on a tangible net asset value of GBP88.9 million and assumes an immediate reduction in market and credit risk-weighted assets associated with Winterflood. Close Brothers anticipates further CET1 ratio benefits of up to around 25 basis points from a reduction in operational risk RWAs currently associated with Winterflood "in due course". A goodwill impairment loss of roughly GBP15 million will be taken in the company's 2025 accounts. Read More
(Alliance News) - NatWest Group PLC on Friday raised its full-year guidance, and boosted its dividend, after a strong first half which saw loans and deposits grow. Read More
(Alliance News) - GSK PLC on Thursday said its Blenrep blood cancer treatment has been approved in Europe, as it awaits a final decision from the US regulator. Read More
(Alliance News) - London stocks are called higher on Friday, as a UK retail data reading shows a rise in sales in June that fell short of expectations. Read More
(Alliance News) - UK retail sales improved in June following record-setting warm weather but fell short of expectations, the Office for National Statistics reported on Friday. Read More
Flutter Entertainment PLC - New York-based gambling operator - Prices USD1.27 billion in senior secured notes due 2031. The offer consists of USD625 million of 5.875% notes and EUR300 million of 4.0% notes, both issued at par, and GBP250 million of 6.125% notes, issued at 100.125%. The funds will be used to buy Boyd Gaming Corp's 5% stake in FanDuel, giving Flutter 100% ownership of the US sports betting operator. Flutter is paying USD1.76 billion for Nevada-based Boyd's holding, giving FanDuel a valuation of USD31 billion. Flutter first acquired a controlling stake in FanDuel in 2018 and increased its ownership to 95% in a USD4.1 billion deal in 2020. Read More
(Alliance News) - London's FTSE 100 is set to open lower on Friday, as new data shows UK consumer confidence sank further in July. Read More