(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
(Alliance News) - Ninety One PLC and Ltd and Sanlam Ltd said on Monday NinetyOne's acquisition of Sanlam Investment Management Pty Ltd has cleared all hurdles. Read More
(Alliance News) - Genus PLC on Monday said it has successfully formed its Chinese porcine joint venture, seeing the move as the "the best platform" to drive growth at PIC China. Read More
Begbies Traynor Group PLC - Manchester, England-based company insolvency and restructuring and real estate advisory - Plans to change its name to BTG Consulting PLC to reflect its development into a "broad-based financial and real estate advisory business" from the company's origins in insolvency and restructuring. BTG will be used as a common brand throughout the company, with the insolvency arm called BTG Begbies Traynor and the real estate advisory called BTG Eddisons. The company will start trading under the new name and BTG exchange ticker once the name is certified by Companies House. Read More
Hilton Food Group PLC - Huntingdon, England-based food packaging company - Executive Chair Mark Allen buys 42,500 shares, at GBP4.68, worth GBP198,900, on Friday. After the purchase, Allen holds 48,450 shares, says Hilton Food. Read More
(Alliance News) - Stock prices in London were mixed at midday on Monday, as the FTSE 100 recovered from its earlier fall as the decline in metal prices eased. Read More
(Alliance News) - AEP Plantations PLC on Monday announced that its production of palm oil and palm kernel climbed in 2025, alongside prices. Read More