(Alliance News) - MJ Gleeson PLC on Tuesday said that three land sales, representing more than half of its expected plot sales in the current financial year are being delayed and won't complete until the following year. Read More
(Alliance News) - GSK PLC on Tuesday said it has agreed to US-based cancer drug developer Nuvalent Inc for USD10.6 billion. Read More
(Alliance News) - Bellway PLC on Tuesday backed full-year profit guidance but noted the outlook beyond the current financial year remains uncertain, while customer demand has moderated in recent weeks. Read More
Relx PLC - London-based provider of business, scientific and legal information - Commences a new share buyback scheme worth GBP200 million, and runs until June 26. This follows the GBP150 million programme completed on Monday, with both forming part of the GBP2.25 billion to be deployed on buybacks, as initially reported back in February. Says ABN AMRO Bank NV will manage the programme, adding that the purpose of the scheme is to lower its share capital. Read More
(Alliance News) - AstraZeneca PLC on Monday announced positive results from the Vista and Solstice phase IIb trials of elecoglipron, an oral small molecule GLP-1 receptor agonist. Read More
(Alliance News) - GSK agrees to buy US cancer treatment firm Nuvalent for USD10.6 billion, AstraZeneca advances its own weight-loss treatment while Bellway reports an "increasingly challenging" housing market. Read More
Jubilee Metals Group PLC - London-based metal processing company operating in Zambia - Says run-of-mine deliveries from its Molefe copper mine in Zambia to its Sable refinery in that country have re-started. This follows the expansion of pit two at Molefe mine. Jubilee says Molefe mine remains on track to increase ore deliveries to about 6,000 tonnes this month, increasing to around 8,500 tonnes by August, and targeting steady-state of 10,000 tonnes per month delivered to Sable plant by October. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Tuesday, after Iran and Israel said they would end recent hostilities that had threatened peace talks. Read More
(Alliance News) - The world's biggest banks together increased their fossil fuel financing by 8% in 2025, an analysis has found. Read More
(Alliance News) - UK economic growth is set to falter and unemployment will worsen as the conflict in the Middle East and rising energy costs weigh on consumers and firms, new forecasts have warned. Read More
(Alliance News) - Ireland's construction activity returned to growth in May, driven by the commercial sub-sector, S&P Global reported Tuesday. Read More
Pensana PLC - London-based mineral developer - Notes construction of its Longonjo Mine in Angola is 22% complete, having spent USD36 million of its USD250 million development project budget. The Longonjo Mine "will extract, concentrate, calcine and chemically refine the free dig material to produce high-value mixed rare earth carbonate (MREC) to be railed 273 km to the Atlantic port of Lobito for export," says Pensana. The company notes a rare earth target production of over 122 tonnes per year of dysprosium and terbium. "We are delighted with the progress by the team on site... Detailed design has progressed well and resulted in securing the bulk of the procurement programme and consequent fabrication processes, thus significantly reducing possible capital overruns," adds Tim George, chief executive officer of Pensana. The company says the programme is on target and on budget for commissioning in 2027. Read More
Smith & Nephew PLC - Watford, England-based medical devices maker - Announces the completion of the first clinical cases performed using the next generation CORI XT Handheld Robotics Platform. Calls this an "important milestone" in the clinical introduction of its latest handheld robotics technology. Read More
(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 edged higher on Monday on a mixed day for stocks in London, as US markets recouped some of Friday's hefty falls and investors weighed another day of uncertainty in the Middle East. Read More