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Lastest Finance News

IN BRIEF: CyanConnode receives formal letter of award for Goa contract

12th May 2025 20:31

CyanConnode Holdings PLC - Cambridge, England-based developer of narrowband radio frequency mesh networks - receives formal letter of award from the Government of Goa's Electricity Department for the contract announced in April. The GBP70 million contract was awarded to its Indian subsidiary, DigiSmart Networks Pvt Ltd and is for the deployment of around 750,000 smart meters. Read More

IN BRIEF: Carnival redeems USD1.0 billion 2026 senior unsecured notes

12th May 2025 19:36

Carnival PLC & Corp - Miami, Florida-based cruise operator - Starts a private offering of new senior unsecured notes for amount of USD1.0 billion, expected to mature in 2031, to refinance the company's USD993 million 7.625% senior unsecured notes due 2026. As a result, Carnival expects to reduce interest expenses and manage its future debt maturities. Carnival will issue a conditional notice of redemption for the entire outstanding principal amount of the 2026 unsecured notes to be redeemed on or about May 22, at a redemption price equal to 100.0% of the principal amount of the 2026 unsecured notes to be redeemed. Carnival expects to fund the redemption using the net proceeds from the notes offering. Read More

Wellnex Life expects growth to continue through year as revenue surges

12th May 2025 18:28

(Alliance News) - Wellnex Life Ltd on Monday said it expects growth to continue for the rest of the year and into next year as it reported higher revenue in the quarter. Read More

TheraCryf partners with Pharmaron to develop addiction programme

12th May 2025 18:23

(Alliance News) - TheraCryf PLC on Monday said it has signed a master service agreement with Pharmaron UK Ltd to progress development of its Orexin-1 addiction programme. Read More

IN BRIEF: Gerresheimer boosts competitiveness with improved Lohr site

12th May 2025 17:06

Gerresheimer AG - Dusseldorf, Germany-based manufacturer of drug packaging and delivery systems - Completes investment of around EUR100 million in its state-of-the-art glass production facility at its Lohr site in Germany. Completes the modernisation and expansion of the site following over two years of planning and construction. Notes that the project was focused on upgrading two glass melting furnaces with state-of-the-art oxy-hybrid replacements. These offer greater capacity and consume less electricity, says Gerresheimer. Noted that the investment represents one of its largest investments in moulded glass in recent years. Adds that the project strengthens its competitive position as an innovative systems and solutions provider, and as a "future-proof" employer in the region. Read More

LONDON MARKET CLOSE: Stocks up, pound down, on US-China trade progress

12th May 2025 16:51

(Alliance News) - Stocks in London climbed, while the pound sank against the dollar, after the US and China struck a better-than-hoped trade deal. Read More

Kinovo "minded to recommend" GBP56.4 million Sureserve takeover offer

12th May 2025 16:13

(Alliance News) - Kinovo PLC on Monday said it would be "minded to recommended" a takeover proposal from Sureserve Ltd that values it at around GBP56.4 million. Read More

AltynGold expects strong performance as gold production, sales climb

12th May 2025 15:37

(Alliance News) - AltynGold PLC on Monday said it is "on track to deliver a strong performance in 2025" as it reported increased production and revenue in the first quarter. Read More

Capita wins three-year extension to NHS England primary care contract

12th May 2025 15:06

(Alliance News) - Capita PLC on Monday said it has agreed a three-year extension to its contract with National Health Service England to deliver the Primary Care Support England contract. Read More

Virgin Media O2 strikes tie-up with Daisy to form GBP1.4bn business telecoms giant

12th May 2025 14:39

(Alliance News) - Virgin Media O2 has agreed a merger deal of its business customer operation with Daisy Group in a tie-up that will create a "powerhouse" telecoms company with around GBP1.4 billion in sales. Read More

UK shareholder meetings calendar - next 7 days

12th May 2025 14:24

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UK dividends calendar - next 7 days

12th May 2025 14:24

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UK earnings, trading statements calendar - next 7 days

12th May 2025 14:24

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Cobra Resources completes sonic drilling at Boland project

12th May 2025 14:22

(Alliance News) - Cobra Resources PLC on Monday said it has completed a ten-hole 423 metre sonic core drilling programme at its Boland project in South Australia. Read More

IN BRIEF: European Green secures licence extension to June 2029

12th May 2025 14:06

European Green Transition PLC - developing green economy assets in Europe, such as a copper-graphite and rare earth mining projects in Sweden - Receives four-year extension for the Olserum no 21 licence at the Olserum rare earth elements project in Sweden by Bergsstaten, the Swedish Mining authority. The licence now runs to June 2029. Read More

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