(Alliance News) - BP expects to report a boost from stronger refining margins, while Whitbread reports a half-year profit fall but says Premier Inn is outperforming in the UK & Ireland unit. Read More
ECR Minerals PLC - Australia-focused gold exploration and development company - Recovers multiple gold nuggets from the Brothers Mining licence, North Queensland. In a 2,100 metre north-south zone, the gold nuggets were recovered from 26 sites ranging and ranged from 0.1 grams to 12.3 grams. The company says the results "provide an encouraging early indication of the alluvial potential surrounding the Brothers Mining licence area and at the mining licence itself and supports the company's plans to undertake more systematic trial processing in the area, focusing within the granted mining licence area". Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, shaking off pressure on tech shares in New York and Asia, as focus heads to the US for the start of the banking earnings season this afternoon. Read More
(Alliance News) - UK households are set to face a sharper rise in inflation than previously forecast as the conflict in the Middle East propels food and energy costs higher, according to the International Monetary Fund. Read More
(Alliance News) - Jardine Matheson Holdings Ltd on Tuesday said it now has full ownership of Gammon Construction and lifted its guidance for full-year 2026. Read More
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train, and managed by Lindsell Train Ltd, that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - Announces results of the tender offer at 637.29 pence per share, being 95% of its net asset value per share on October 9. 6.5 million shares are validly tendered, representing 32.5% of its issued share capital. The maximum number of shares available to be acquired under the tender offer was 4.0 million. Following a scale-back exercise, shareholders who validly tendered a number of shares greater than their basic entitlement are to have a number of shares equal to their basic entitlement purchased in full plus 20.89% of their excess applications None of the independent directors nor the investment manager founders have participated in the tender offer. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Baillie Gifford US Growth Trust PLC - US growth stock-focused investment trust, whose investees include Space Exploration Technologies Corp - Says voting experts Glass Lewis, Institutional Shareholder Services Inc and Pensions & Investment Research Consultants Ltd recommend shareholders vote against three resolutions proposed by activist investor Saba Capital Management LP at its general meeting on October 23. Saba holds nearly 30% of Baillie. The activist investor's resolutions are to appoint as directors representatives Jason Chen and Thomas McGlade, as well as UK managing director James Waterlow. In late September, the Association of Investment Companies warned that Baillie shareholders must "make their voices heard" at the meeting if they wish to stop Saba from taking control. Baillie's experts advise shareholders to vote in favour of four resolutions to reappoint existing directors. Last week, Sky News reported that Baillie Chair Tom Burnet wrote to Douglas Alexander, secretary of state for Scotland, and City Minister Lucy Rigby, "urging [them] to plead for an overhaul of the City rulebook," as it confronts what he calls the "threat" from Saba against it and the wider UK investment trust sector. Read More
(Alliance News) - Iran on Monday denied any involvement in an incident at Britain's RAF Fairford airbase, which has been used by the US in its war with the Islamic republic. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Volution Group PLC - Crawley-based supplier of ventilation products - Rowenna O'Brien, the spouse of Chief Financial Officer Andy O'Brien, sells 180,000 shares at 673.70 pence, for GBP1.2 million in total, on Friday outside a trading venue. Read More
(Alliance News) - H&M has said it is investigating claims it was targeted by a cybercriminal last week, it has been reported. Read More
(Alliance News) - The FTSE 100 made a strong start to the week on Monday, as investors shrugged off rising oil prices and eyed key earnings and economic data later in the week. Read More
(Alliance News) - UK Prime Minister Andy Burnham said Monday that Britain's current relationship with the EU was "not good enough", as officials confirmed a UK-EU summit will take place on November 20. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More