LONDON MARKET EARLY CALL: FTSE 100 seen up after Fed hold rates
(Alliance News) - Stocks in London are set to open higher on Thursday, following the US Federal Reserve's latest policy decision and a fresh surge in gold prices. Read More
(Alliance News) - Stocks in London are set to open higher on Thursday, following the US Federal Reserve's latest policy decision and a fresh surge in gold prices. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - The FTSE 100 fell on Wednesday, and the oil price climbed, amid fresh geopolitical uncertainty, while the S&P 500 briefly topped 7,000 for the first time ahead of tech earnings and the US rate call. Read More
(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Britain's competition watchdog proposed on Wednesday that websites be allowed to opt out of having content used by Google's 'AI Overviews' feature as it tackles the technology giant's dominance in online search. Read More
Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Appoints Valerie Lawlor as a non-executive director, with immediate effect. Lawlor is a partner at McCann FitzGerald LLP since 2004, and she heads the firm's energy group. Read More
Ovoca Bio PLC - copper exploration in Morocco - Dublin-based Ovoca Bio is readmitted to trading on AIM in London on Wednesday, after its shareholders on Tuesday approve its all-share reverse takeover of Bristol, England-based Tadeen International Ltd, a holder of mineral exploration permits in Morocco. The new company, to be renamed Talisman Metals PLC, will be around 40% owned by Tadeen shareholders. As part of the reverse takeover and relisting, Ovoca conducted a three-into-one share consolidation and raised GBP1.2 million in equity at 7.7 pence per share. The enlarged company will have 64.2 million shares in issue, giving it a market capitalisation of GBP4.9 million at the issue price, though shares were quoted down at 5.50p each on Wednesday afternoon in London. Talisman Metals begins life with GBP2.3 million in cash resources. It will focus on the Tizert and Argana projects in Morocco. Read More
Alliance Witan PLC - Dundee, Scotland-registered investment trust founded in 1888 and managed by Willis Tower Watson - Declares fourth interim dividend of 7.08 pence per share, up 5.2% on 6.73p a year before. This brings the FTSE 100 constituent's total payout for 2025 to 28.32p, up 6.1% on 2024. Alliance Witan notes that this is its 59th consecutive annual dividend increase, which it says is one of the longest such track records in the investment trust industry. "With substantial reserves, the board is confident that it can go on increasing dividends well into the future," Alliance Witan says. Read More
Rosslyn Data Technologies PLC - London-based data analytics company - Pretax loss is broadly unchanged on-year at GBP1.5 million in the six months to October 31. Revenue climbs 8.7% to GBP1.5 million from GBP1.4 Million. Administrative costs increase 5.8% to GBP1.7 million from GBP1.6 million. Looking ahead, Rosslyn Data says: "The achievements during the year to date mean that the group remains on track to become cash flow generative in financial year 2027. In order to continue to meet this target and to ensure that the group has sufficient working capital at all times, the board continues to monitor the group's cost base closely and assess the group's various funding options on an ongoing basis." Further, the firm says it expects to report growth for the current financial year ending on April 30, with a slight rise in year-on-year revenue and an uptick in annual recurring revenue over 15%. Further, it anticipates that it will deliver a reduction in adjusted loss before interest, tax, depreciation and amortisation of 25% for financial 2026. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Hargreaves Services PLC on Wednesday announced that Chief Executive Officer Gordon Banham intends to step down from his role after over 20 years as CEO, as the company announced higher profit, revenue and a chunkier dividend. Read More
(Alliance News) Franchise Brands PLC on Wednesday said it achieved "record" System sales in 2025, up 2%, despite a challenging macroeconomic backdrop. Read More
Greencoat UK Wind PLC - investor in operating UK wind farms whose investment manager is Schroders Greencoat LLP - Declares 2.59 pence interim dividend for the fourth quarter, meeting its target of 10.35p for all of 2025. The announcement comes as Greencoat UK Wind reports net asset value of 136.1p per share as of December 31, down 3.3% from 140.7p on September 30. Total NAV on December 31 is GBP2.94 billion, down from GBP3.07 billion. Greencoat UK Wind says it will hold off on confirming its target dividend for 2026 until the UK government completes its consultation on indexation of the renewables obligation scheme, which provides financial support for renewable electricity generation. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - PayPoint PLC on Wednesday said it expects to report "record profits" for its full year, although net revenue slightly decreased in the third quarter. Read More