LONDON BROKER RATINGS: RBC ups Rio Tinto; Berenberg says buy Domino's
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Stock prices in Europe opened higher on Tuesday, making a positive start as oil prices ease and government bond yields cool. Read More
(Alliance News) - Informa PLC on Tuesday said it was raising GBP940 million to fund the GBP2.24 billion acquisition of Clarion Events, and hive-off its Academic business, Taylor & Francis, as it focuses on its business-to-business operation. Read More
(Alliance News) - The organisation responsible for balancing Britain's electricity system has issued a notice to the market to encourage more back-up power generation for Tuesday evening. Read More
(Alliance News) - Informa has announced a more than GBP2 billion acquisition, part-funded by a placing, and it has also set out an aim to separate a unit. Clarkson says it has traded strongly in recent months, while Kenmare reveals it received takeover interest. Read More
Petra Diamonds Ltd - South Africa and Tanzania-focused diamond miner - Appoints Questco Corporate Advisory (Pty) Ltd as financial advisor to manage its strategic review. The review was announced Friday, together with the resignation of Chair Jose Manual Vargas. On Friday, Petra Diamonds said the review "will include the consideration of all potential paths to address liquidity needs of the business...including but not limited to a potential sales process in relation to the company's assets." Read More
First Development Resources - Northern Territory-focused exploration company - Commences soil-sampling programme at Northern Territory, Australia. First Development says 620 Priority 1 field stations are planned across Red Handed, Red Hackle and part of Giles. Soil assays will be assessed with geology and geophysics, including gold and associated elements such as arsenic and antimony, to guide future exploration across targeted areas. The company also announces that eight reverse circulation drill holes totalling 1,593 metres have been completed, confirming gold mineralisation in bedrock at Red Handed. One hole, 26LWR08, intersected 7 metres at 0.40 grammes of gold per tonne from 50 metres downhole, including 2 metres at 0.98 grammes per tonne. Stage II preparations are progressing, with drilling to follow up the most prospective Stage I intersections along strike and down dip. The drilling programme is independent of the soil results and will be funded from existing cash resources. Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, after promising trade in Asia, defying lofty government bond yields. 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
(Alliance News) - AstraZeneca PLC on Monday announced the opening of its newest global strategic research and development centre, in Massachusetts. Read More
Hercules PLC - Cirencester, England-based labour supply company for the UK infrastructure and construction sectors - Construction Services division has, during the fourth quarter of the year ended September 30, won new contracts worth approximately GBP5 million combined "to deliver Civils Projects work for its clients in the UK water sector." Hercules says most of these started in financial 2026, and it expects to complete them "in the next six months." Says they comprise a range of civil engineering and infrastructure works supporting the UK water sector's ongoing AMP8 regulatory investment programme. Notes that regulator Ofwat has committed more than GBP104 billion to water utility companies between 2025 and 2030. Says the contracts "reflect Hercules' expertise within the UK water sector and reflect the continued development of the Civil Projects business, including its growing capability to self-deliver infrastructure projects." Read More
(Alliance News) - Ryanair Holdings PLC on Monday said it "will vigorously oppose" lobby group ENAA's claim against it in Ireland's High Court, saying it is "trying to misuse" EU ownership rules. Read More
(Alliance News) - Stocks in Europe ended Monday mixed, with the FTSE 100 outperforming as political and fiscal worries put France's CAC 40 on the back foot. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - J Sainsbury PLC held discussions on a potential merger with grocery peer Morrisons earlier this year, Sky News reported on Monday. Read More