(Alliance News) - Stock prices in London opened higher on Friday, amid renewed hope for a deal between the US and Iran, which is reportedly awaiting the nod from President Donald Trump. Read More
(Alliance News) - Ocado Group PLC on Friday announced a deal to develop supermarket Asda Store Ltd's online business across the UK with the Ocado Smart Platform, providing a welcome bit of good news for Ocado after recent blows to its technology outsourcing business. Read More
(Alliance News) - Ocado Group strikes a deal with UK supermarket Asda, an AstraZeneca drug wins US approval to treat bladder cancer and Serabi Gold's first quarter profit more than doubles. Read More
Van Elle Holdings PLC - Nottinghamshire, England-based engineering contractor - Shareholders at court and general meetings on Thursday overwhelmingly approve Van Elle's acquisition by Austrian construction firm Strabag. The proposal gets more than 99% approval from both sets of shareholders. Strabag UK Ltd, a subsidiary of Vienna-based Strabag SE, back in April offered to buy Van Elle for 52.3 pence per share, valuing the company's equity at GBP58.8 million. The deal now is expected to be completed in June. In announcing the vote, Van Elle warns that "challenging trading conditions" persisted throughout its financial year that ended in April, resulting in its financial performance being "weaker than anticipated". Adjusted pretax profit for the recent year was below the company's previous expectations, it says. Read More
(Alliance News) - Stocks in London are set to open largely flat on Friday, following reports that an agreement between the US and Iran is just awaiting US President Donald Trump's approval. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 closed lower on Thursday with hopes for peace between the US and Iran hanging in the balance as new reports of deal progress followed renewed hostilities between the two countries. Read More
Jubilee Metals Group PLC - London-based metal processing company operating in Zambia - Says it has obtained a USD1.5 million unsecured convertible loan note investment for the accelerated development of the greater Molefe region in Zambia. Jubilee owns Molefe copper mine in Zambia. Capstone Copper, the investor, holds a track record in the development of various copper projects. Says it requires shareholder approval to issue shares for convert any securities into shares. Says it continues discussions with Capstone Copper for a further USD10 million staggered investment. Read More
(Alliance News) - Ultimate Products PLC on Thursday said it expects full-year revenue to be slightly ahead of market consensus despite continued subdued consumer demand. Read More
(Alliance News) - DP Poland PLC on Thursday reported increased pretax losses in 2025 despite strengthened trading towards the end of the year. Read More
Nuformix PLC - London-based developer of treatments for fibrosis and oncology - Pretax loss narrows to GBP346,577 in the six months ended March 31, from GBP376,668 a year prior. Looking ahead, Nuformix says: "The company continues to advance and exploit the current assets within the portfolio through the research & development and business development activities as set out above. The strategy of the group is to continue to increase the value of its existing assets while maintaining tight control of costs, including conducting business development/licensing activities using a structured and data-driven approach, with the goal of seeking global licensing deals." Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday said it has signed sale and purchase agreements for two pipeline projects totalling 297 megawatts or 540 megawatt hours. Read More
(Alliance News) - Blackrock Frontiers Investment Trust PLC on Thursday said it underperformed its benchmark during the interim period, but noted the combination of favourable structural trends, ongoing economic reform and attractive valuations supports opportunities in frontier and smaller emerging markets. Read More
(Alliance News) - Property Franchise Group PLC on Thursday said strong levels of recurring income provide "good visibility" over future earnings, offsetting the shorter-term movements in the housing market. Read More