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Lastest Finance News

Global Ports finishes process to start operation of three cruise ports

9th Aug 2022 11:41

(Alliance News) - Global Ports Holding PLC said its 80%-owned joint venture Global Ports Canary Islands SL has completed the request for proposal process to take over operations of three cruise ports in the Canary Islands. Read More

IN BRIEF: Supreme to buy trade and assets of two vaping firms

9th Aug 2022 11:40

Supreme PLC - Manchester-based battery, lighting and vaping manufacturer and distributor - Agrees to buy the trade and assets of vaping manufacturer Cuts Ice Ltd and e-liquid developer and regulatory compliance business Flavour Core Ltd, for undisclosed sums. Says the acquisition is in line with its strategy to support a "tobacco free society by offering both credible and safer alternatives for nicotine consumption". Supreme also says the purchase will be immediately earnings enhancing at an adjusted earnings before interest, tax, depreciation and amortisation level for the company. Read More

IN BRIEF: Ten Lifestyle wins contract extensions with two clients

9th Aug 2022 11:30

Ten Lifestyle Group PLC - London-based lifestyle and travel services - Wins two technology development projects with existing clients. The first project, for a "major global client", will develop and enhance Ten's proprietary digital platforms with the objective of increasing user engagement of its cardholders in the US. The contract extension is worth between GBP250,000 and GBP2 million and will be delivered in its financial year to August 31, 2023. The second project extension is also with a "major global client" and is worth under GBP250,000, deliverable in financial year 2023. Says it will enhance the communication integration of Ten's proprietary digital platforms and user experience. Read More

Invinity Energy Systems shares surge 10% on US climate bill progress

9th Aug 2022 11:14

(Alliance News) - Invinity Energy Systems PLC on Tuesday said the climate legislation passed by the US Senate on Sunday supports its corporate strategy. Read More

Kropz shares sink on further delay at Elandsfontein project

9th Aug 2022 11:07

(Alliance News) - Kropz PLC shares plummeted on Tuesday as it reported further delays in the ramp-up of operations at Kropz Elandsfontein (Pty) Ltd. Read More

SIG swings to interim profit on more than 20% revenue increase

9th Aug 2022 11:05

(Alliance News) - SIG PLC on Tuesday reported a surge in profit and revenue in the first half of 2022, as a result of price increases and increased sales, and said its outlook for full-year results remains in line with expectations. Read More

AIM WINNERS & LOSERS: Kropz and Nexus Infrastructure hit by delays

9th Aug 2022 11:01

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: Curtis Banks hires former Aviva UK CEO as executive chair

9th Aug 2022 10:50

Curtis Banks Group PLC - Bristol-based self-invested personal pension provider - Says it has hired David Barral as the new executive chair. Says he has over 40 years of experience in financial services, having previously been the chief executive officer of Aviva UK & Ireland Life, the largest business unit of FTSE 100 insurer Aviva PLC. Meanwhile, Will Self has stepped down as chief executive officer with immediate effect after being in the position since 2019. Curtis Banks says the search for a successor has begun. Read More

Just Group interim loss widens but seeks larger DB de-risking deals

9th Aug 2022 10:48

(Alliance News) - Just Group PLC on Tuesday reported a sharply widened loss in the first half, and even seen its written premiums fall, but reiterated its confidence in meeting its growth targets as it eyes larger DB de-risking deals. Read More

Zotefoams shares rise on interim profit surge and revenue rise

9th Aug 2022 10:47

(Alliance News) - Zotefoams PLC on Tuesday reported a surge in interim profit and as a result the firm said it expects its full-year underlying profit to be ahead of current market expectations. Read More

Cordel shares rise on five-year hardware contract with Angel Trains

9th Aug 2022 10:45

(Alliance News) - Shares rose in Cordel Group PLC on Tuesday on the winning of a five-year contract with London-based stock rolling firm Angel Trains for the installation of automated hardware on passenger trains. Read More

TOP NEWS SUMMARY: Taiwan accuses China of planning invasion

9th Aug 2022 10:45

(Alliance News) - The following is a summary of top news stories Tuesday. Read More

TI Fluid Systems posts drop in interim profit; cuts payout by 48%

9th Aug 2022 10:44

(Alliance News) - TI Fluid Systems PLC on Tuesday reported a drop interim profit due to inflation and cost pressures, as it expects margins to recover in the second half of 2022. Read More

IN BRIEF: TBC Bank subsidiary signs loan agreement with Dutch bank

9th Aug 2022 10:42

TBC Bank Group PLC - Tbilisi, Georgia-headquartered lender - Says its subsidiary JSC TBC Bank signs loan agreement with Dutch development bank FMO NV. Read More

Crestchic shares rise as annual expectations raised on solid trading

9th Aug 2022 10:37

(Alliance News) - Shares rose in Crestchic PLC on Tuesday as a continuation in the group's strong trading momentum led to a significant increase in its profit expectations for the year as a whole. Read More

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