UPDATE: Castlelake welcomes easyJet's "constructive engagement"
(Alliance News) - Castlelake LP on Thursday said it welcomes easyJet PLC's "constructive engagement" after the Luton-based airline rejected a fourth bid plan. Read More
(Alliance News) - Castlelake LP on Thursday said it welcomes easyJet PLC's "constructive engagement" after the Luton-based airline rejected a fourth bid plan. Read More
(Alliance News) - Real Estate Credit Investments Ltd on Thursday maintained its dividend despite "challenging times for the listed investment company sector" as its net asset value fell. Read More
(Alliance News) - Chemring Group PLC on Thursday reported two US Department of War contract awards, enabling it to resume sustained manufacturing operations at its Philadelphia-based business, Alloy Surfaces Co Inc. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Thursday said its stake in Space Exploration Technologies Corp helped it outperform its benchmark index in the past six months. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday. Read More
(Alliance News) - May saw UK vehicle production rise for the first time in 2026, according to an industry report published on Thursday. Read More
(Alliance News) - Serco Group PLC on Thursday reiterated its full-year profit guidance after reporting a "resilient" first-half performance, supported by growth in the UK and Europe, improving margins and a growing contract pipeline despite continued procurement delays in North America. Read More
Barclays PLC - London-based universal bank - US subsidiary passes the Federal Reserve's annual stress test of US banks. Barclays notes that the projected capital ratios for Barclays US LLC remains above the regulatory minimum across all nine quarters of the test. Barclays US is both an investment bank serving institutional customers and a consumer bank providing credit cards, personal loans and payment services. The US arm's common equity tier 1 capital ratio is projected to never go below 9.4% over the nine quarters from the fourth quarter of 2025 even in the case of rising US unemployment, declining economic output, falling property prices, and other stresses set by the US central bank test. This compares to the regulatory minimum of 4.5%. Major US banks, including JPMorgan Chase & Co, Goldman Sachs Group Inc, Morgan Stanley and Wells Fargo & Co similarly passed the Fed stress test and announced plans on Wednesday to increase dividends as a result. Read More
(Alliance News) - Construction work has begun at the site of the UK's new GBP750 million national supercomputer which will be around 50 times more powerful than the current one. Read More
Balfour Beatty PLC - London-based infrastructure construction - Secures a two-year contract worth GBP325 million from Scottish & Southern Electricity Networks, which is part of Perth, Scotland-based utility SSE PLC, to deliver the Netherton Hub in Aberdeenshire, Scotland. Balfour says the contract builds on its appointment last year to deliver enabling works at the site and notes the hub will enhance the UK's national grid and enable Scottish renewable energy to be transmitted efficiently to demand centres nationwide. Balfour Beatty says it will deliver earthworks and civil infrastructure under the contract. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Moonpig Group PLC on Thursday reiterated guidance for the current financial year, and set out mid-term aspirations, after reporting annual sales growth and profit ahead of expectations. Read More
(Alliance News) - Volex PLC on Thursday upped its dividend and expressed optimism around trading in its new financial year, as it posted a 45% rise in annual profit. Read More
(Alliance News) - Halfords Group PLC on Thursday reported higher annual profit and sales, beating market expectations, as margin expansion and strong growth across its motoring businesses helped offset cost pressures. Read More
(Alliance News) - Stock prices in London opened mostly lower on Thursday, ahead of US gross domestic product and other data releases, and as markets keep eyes on the latest developments in the Middle East. Read More