IN THE KNOW: Jefferies affirms Mondi for now; Panmure Liberum upbeat
(Alliance News) - Jefferies on Thursday maintained its share price target for Mondi PLC, despite disappointing third-quarter performance. Read More
(Alliance News) - Jefferies on Thursday maintained its share price target for Mondi PLC, despite disappointing third-quarter performance. Read More
(Alliance News) - The following is a round-up of earnings reports and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 outperformed global peers on Thursday, encouraged by domestic economic data and lower bond yields, benefiting from a lower exposure to technology stocks, which continued to be volatile. Read More
(Alliance News) - Norcros PLC on Thursday gave an upbeat review of first-half trading, with European sales softening the blow of lower UK demand, and backed full-year market expectations, though it predicted challenging conditions to come. Read More
Gana Media Group PLC - Mexican online betting operator - Says registrations reached 87,523 on October 15, while third-quarter registrations rose to 58,770 from 21,296 in the second quarter. First-time depositors increased to 9,681 from 852, while conversion of registrations to first-time depositors improved to 16.5% from 4.0% in the second quarter. The conversion rate reached 23.9% in September and 26.6% in October to date. Aggregate monthly active users rose to 28,688 from 3,086 in the second quarter. Betting turnover increased to MXN170.6 million, equivalent to about USD9.9 million, from MXN35.8 million, or about USD2.1 million. Gross gaming revenue surged to MXN34.6 million in the third quarter, equivalent to about USD2.0 million, from MXN2.5 million, or about USD144,500. The gross gaming revenue margin improved to 20.3% from 6.9%. Chief Executive Officer Mark Epstein says: "Our ambition was to build a sportsbook around the needs of Mexican players, with local payment methods, relevant content and a strong understanding of the sports they follow. We are now seeing that approach deliver results. Read More
(Alliance News) - UK Culture Secretary Lisa Nandy has announced she may intervene following the GBP1.6 billion deal for Sky to take over ITV PLC's media and entertainment arm and could bring in new streaming legislation. Read More
(Alliance News) - Proven VCT PLC and Proven Growth & Income VCT PLC on Thursday both reported a decline in net asset value during the first half, though they said their portfolio value had grown, when taking dividend payments into account. Read More
(Alliance News) - South32 Ltd said on Thursday its shareholders have endorsed its plan to sell its aluminium business, allowing the diversified base metals producer to embark on its "next phase of growth". Read More
Gulf Keystone Petroleum Ltd - oil producer focused on the Kurdistan region - Says first cargo "was recently lifted" after Iraq's State Oil Marketing Organisation allocated additional barrels, to compensate Gulf Keystone and other parties to the tripartite interim export agreements. Says the top-up barrels reconcile export sales in the fourth quarter of 2025 to international prices. They also start repayments of Gulf Keystone's outstanding top-up receivables. Read More
Safestore Holdings PLC - London-based self-storage operator - Senior Independent Non-Executive Director Jane Bentall buys 17,000 shares at 508 pence, for GBP86,360 in total, on Wednesday in London. Read More
(Alliance News) - The Bank of England's deputy governor has said she was "surprised" by how well the economy has swallowed the latest energy price shock caused by the conflict in the Middle East. Read More
(Alliance News) - Kenmare Resources PLC on Thursday lowered its annual production and shipments guidance despite reporting higher third-quarter output at its Moma Titanium Minerals Mine in Mozambique. Read More
British American Tobacco PLC - London-based cigarette and nicotine product maker - Non-Executive Director Karen Guerra buys 6,000 shares at GBP42.54 each, for GBP255,269 in total, on Wednesday in London. Read More
(Alliance News) - Smiths News PLC on Thursday said it has secured a new long-term exclusive distribution contract with Telegraph Media Group Holdings Ltd, extending its partnership through to September 2036. Read More