Ricardo to fund growth plans with funds from touted defence arm sale
21st Oct 2024 10:22
(Alliance News) - Ricardo PLC on Monday announced plans to sell its defence business as part of a strategic revamp unveiled in May 2022. Read More
(Alliance News) - Ricardo PLC on Monday announced plans to sell its defence business as part of a strategic revamp unveiled in May 2022. Read More
(Alliance News) - Midwich Group PLC on Monday reported subdued demand for mainstream products in Germany, especially in the education and corporate markets, meaning profit will decline in 2024. Read More
Yellow Cake PLC - Jersey-based uranium investor - Value of uranium holdings declines by 4.4% to USD1.77 billion as of September 30 from USD1.85 billion on June 30. This is due to an equivalent slide in the uranium spot price to USD81.75 per pound from USD85.50. Since the start of October, the price has recovered partially to USD83.25 a pound, Yellow Cake says. The uranium price will be supported in the near-term by supply issues in Kazakhstan. These have prompted producer Kazatomprom to signal that a further downgrade in production guidance for 2025 may occur, Yellow Cake says. Read More
Tesco PLC - Welwyn Garden City, England-based supermarket chain - Gerry Mallon, chief executive of Tesco Bank, sells 598,169 shares at GBP3.54 and GBP3.55, worth GBP2.1 million, on Wednesday last week. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Elixirr International PLC on Monday edged full-year sales guidance higher after securing another US deal. Read More
(Alliance News) - Cerillion PLC on Monday celebrated a robust back-order book as it anticipates its annual profit will comfortably beat the market consensus. Read More
(Alliance News) - FirstGroup PLC on Monday said it has bought Anderson Travel for an undisclosed price, aimed at expanding its coach services in and around London. Read More
(Alliance News) - Equities in London opened higher on Monday, with an interest rate cut in China boosting miners, and a rampant gold price lifting precious metal diggers. Read More
Pollen Street Group Ltd - London-based asset manager - Says Lucy Tilley stepped down as chief financial officer and from the board on Friday "by mutual agreement". Gives no reason for Tilley's departure. She joined Pollen Street as CFO only on June 24, her hiring from Mortgage Advice Bureau Holdings PLC having been announced in January. At Mortgage Advice Bureau, Tilley had been CFO since 2019. "We wish Lucy well for the future," Pollen Street Chair Robert Sharpe says, adding: "The board is carefully considering a future appointment and will update the market in due course." Read More
(Alliance News) - Hollywood Bowl Group PLC on Monday raised its full-year outlook after reporting strong demand, particularly in Canada. Read More
(Alliance News) - A senior minister in the UK has declined to rule out extending the freeze on income tax thresholds as speculation about possible tax increases in the budget continued to mount. Read More
(Alliance News) - AstraZeneca PLC on Monday said its Wainzua treatment has been been recommended for EU approval to treat adult patients with polyneuropathy associated with hereditary transthyretin-mediated amyloidosis. Read More
(Alliance News) - BHP Group Ltd confirmed on Monday that negotiations to settle claims linked to the Fundao dam disaster in 2015 continue in Brazil. Read More
(Alliance News) - London's FTSE 100 is called to open largely flat on Monday, in a tentative start to the week, despite rate cuts in China. Read More