(Alliance News) - Prudential PLC on Thursday said it has agreed to increase its majority interest in Malaysian subsidiary Prudential Assurance Malaysia Berhad to 70% from 51%. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Tritax Big Box REIT PLC on Thursday announced "strong" occupational interest across logistics and data centres, as it reported occupier demand for well-located, power-enabled sites. Read More
Fresnillo PLC - gold and silver miner in Mexico, Peru and Chile - Completes acquisition of Probe Gold Inc, having received all shareholder and regulatory approvals. The deal, first announced at the end of October, sees Fresnillo pay CAD770 million, about USD555 million, in cash for the Toronto Stock Exchange listing. Fresnillo notes that Probe represents its entry into Canada, as Probe is the 100% owner of the Novador gold project and the early-stage Detour gold project, both in the province of Quebec. Fresnillo notes these projects add 10 million ounces to its gold resource base, with Novador alone capable of producing 200,000 ounce a year for over a decade. "We are excited that our first project outside of Mexico is in Canada, an outstanding mining jurisdiction with a global reputation for responsible development, and in the Val d'Or region with its proud history of mining," says Fresnillo Chief Executive Officer Octavio Alvidrez. Read More
Associated British Foods PLC - London-based food processing and clothing retailing business - Issues a trading update for the 16 weeks to January 3. Revenue is "in line" with the previous year at actual currency, totalling GBP6.76 billion, but is down 0.9% at constant currency. This compares to the 1% rise at actual currency and 1% fall at constant currency estimated earlier this month. Retail revenue increases 4.2% or 1.5% at constant currency to GBP3.50 billion, while grocery revenue is flat at GBP1.39 billion, or up 0.7% at constant rates. Revenue is GBP667 million from Ingredients, down 2.9% at actual rates, GBP675 million from Sugar, down 4.3%, and GBP521 million from Agriculture, down 4.1%. At retailer Primark, sales decline by 2.7% on a like-for-like basis but rise 1% in total. UK & Ireland total sales are up 2%, but sales in Europe are down 1%. US sales are up 12%. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - B&M European Value Retail SA on Thursday cut its outlook, due to "investments in pricing and clearance" which it believes will benefit the firm in the long-term but cause a short-term hit. Read More
(Alliance News) - Senior PLC on Thursday said it expects full year adjusted pretax profit to be "comfortably above previous expectations," boosting guidance for the second time in three months. Read More
(Alliance News) - AJ Bell PLC on Thursday said the retail investment platform market presents significant long-term growth opportunities as it reported an increase in assets under management and customer numbers. Read More
(Alliance News) - Computacenter PLC on Thursday said it delivered a strong second half, with performance during the fourth quarter and the financial year as a whole ahead of expectations. Read More
(Alliance News) - Beazley PLC on Thursday rebuffed the latest takeover approach from Zurich Insurance Group AG, arguing it "materially undervalues" the Beazley and its long-term prospects. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Thursday morning and on Wednesday: Read More
(Alliance News) - Stock prices in London opened in the green on Thursday, after the UK reported lower-than-expected government borrowing, and US President Donald Trump announced he will no longer impose additional tariffs on European countries who were resisting his quest to acquire Greenland. Read More
(Alliance News) - London stocks were called higher on Thursday morning, after US President Donald Trump said he had reached a framework for a deal over Greenland following a meeting with Nato Secretary General Mark Rutte. Read More
(Alliance News) - UK public sector net borrowing rose in December, the Office for National Statistics reported on Thursday. Read More