Softcat shares climb as annual view hiked after "terrific" half-year
(Alliance News) - Softcat PLC on Wednesday lifted its yearly profit guidance, after a first half that beat expectations. Read More
(Alliance News) - Softcat PLC on Wednesday lifted its yearly profit guidance, after a first half that beat expectations. Read More
(Alliance News) - Diploma PLC on Wednesday said trading remains "very strong" as it announced a "significant" increase to full-year guidance. Read More
(Alliance News) - Permanent TSB Group Holdings PLC on Wednesday said Bawag Group AG is among its suitors, as the Dublin-based lender's formal sale process continues. Read More
(Alliance News) - Diploma raises its guidance, Softcat reports higher earnings for the first half of the year and also lifts its guidance, while Moonpig says it will start a new share buyback programme. Read More
(Alliance News) - Stocks in London are set to open higher on Wednesday, following a rise in Asian markets, as investors focus on developments in the Middle East and look ahead to the Federal Reserve rate decision later. Read More
Sage Group PLC - Newcastle, England-based enterprise accounting software - Chief People Officer Amanda Cusdin buys 36,000 shares at average GBP8.37, worth GBP301,378, on Monday. Cusdin now has 151,624 shares. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The European Union is planning to overhaul its merger rules to curb national powers to block corporate takeovers in a bid to help European companies build the scale to compete with US and Chinese rivals, the Financial Times on Tuesday reported. Read More
CVC Income & Growth Ltd - investor in senior secured loans and other sub-investment grade corporate credit - Notes recent decline in its share price amid recent geopolitical developments and energy market volatility. The company's investment vehicle manager notes: "The outlook for 2026 was fairly benign at the start of the year, which was reflected in credit spreads. Since then, markets have repriced software risk in both public equity and public credit markets given the fast-paced developments we've seen in artificial intelligence. After the recent developments in the Middle East, markets have also started to price in higher for longer oil prices which could result in a slowdown in growth, but also higher inflation, potential supply chain issues and a reduction in consumer confidence. At this point, it's impossible to say where the conflict is heading. The portfolio continues to generate income in line with expectations, but the marks on the underlying assets move on a daily basis reflecting sentiment around the conflict and global growth. Both public equity and credit markets have repriced since the start of the year, resulting in a small negative NAV performance year to date. This shows that public credit markets are functioning." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The UK chancellor has told entrepreneurs looking to build new artificial intelligence products to "come to the UK" after announcing plans to create a new economics institute focused on the technology and a GBP500 million fund. Read More
Active Energy Group PLC - London-based, biomass-focused renewable energy developer - Agrees terms to acquire a new non-operational energised grid connection infrastructure asset in Abu Dhabi, comprising a 1.5 megavolt-ampere grid connection and providing approximately 1.275 megawatts of available load, for total consideration of GBP850,000. This includes GBP450,000 in Active shares at 0.1 pence each, and GBP400,000 in deferred cash over a one-year period. Says the connection only requires modest upgrade works prior to the deployment of digital infrastructure. Plans to deploy its modular digital infrastructure layer following completion and minor upgrade works. This asset purchase follows Active Energy's signing binding heads of terms last week to acquire the Ghummud Site, a 3.5 MVA live grid connection asset, also in Abu Dhabi. Active on Tuesday says these two newly secured grid connections will provide approximately 5 MVA of energised capacity available for digital infrastructure deployment, leaving it with approximately 13 MVA of energised power infrastructure in total. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Petrol prices in the UK are now 10 pence higher than before the Iran war escalated, and diesel costs have shot up by 20p a litre, according to new figures. Read More
(Alliance News) - President Donald Trump said UK Prime Minister Keir Starmer has made a "big mistake" in his response to US calls for support in the war with Iran as he suggested the "good" trade deal he struck with the UK "probably wasn't appreciated". Read More