LONDON BROKER RATINGS: Morgan Stanley 'equal-weight' on Standard Life
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Keir Starmer on Friday insisted he will carry on as prime minister despite Labour suffering disastrous local election losses. Read More
(Alliance News) - Rightmove PLC on Friday affirmed its annual outlook and said it has seen an increase in membership so far in 2026. Read More
Smith & Nephew PLC - Watford, England-based medical devices maker - S&N hires Merrill Lynch International to run the USD250 million first tranche of the USD500 million share buyback that it announced with first-quarter results on Wednesday. The tranche begins on Friday and will be completed by September 7. The shares bought back will be cancelled or held in treasury for employee share awards. On Wednesday, S&N said the buyback plan reflects "confidence in 2026 performance and strong balance sheet and free cash flow generation", which it guided as USD840 million this year. Read More
(Alliance News) - Stock prices in London opened lower on Friday, after news that UK house price growth decelerated in April and the governing Labour party is suffering heavy local election losses. Read More
Barclays PLC - London-based bank - Completes on Thursday the GBP1 billion share buyback started in February, buying back 234.9 million shares at average 425.80 pence. The buyback was run by JP Morgan Securities PLC. All the shares will be cancelled. Starts on Friday new GBP500 million buyback announced at the end of last month with first-quarter results. Read More
(Alliance News) - International Consolidated Airlines Group SA on Friday said that soaring fuel costs will mean lower than expected full-year profit as it deals with the fall-out of the Middle East crisis. Read More
(Alliance News) - Airtel Africa PLC on Friday reported an annual profit surge and announced the Middle East conflict has pushed back the timing of its mobile money unit's stock market listing. Read More
(Alliance News) - Intertek Group PLC on Friday said it rejected the latest takeover approach from EQT Fund Management Sarl, believing it "significantly undervalues" its prospects. Read More
Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Net asset value per share rises 0.5% to 99.5 euro cents on March 31 from 99.0 cents on December 31, 2025, but is down 5.3% from 105.1 cents a year before. Greencoat declares a dividend of 1.7025 euro cents for the first quarter, flat compared to the same period a year earlier. The investment trust says its portfolio's ability to capture near-term power price increases helps offset generation underperformance in first quarter. Disposals are progressing as planned, with proceeds expected to be primarily allocated to debt repayment, Greencoat says. Read More
(Alliance News) - Stocks were called lower on Friday, as British Airways parent International Consolidated Airlines posted higher quarterly profit but was less optimistic about the full year, while Rightmove stood by its 2026 guidance. Read More
(Alliance News) - UK Prime Minister Keir Starmer finds himself under pressure following disastrous local election results, as Nigel Farage claimed Reform UK is on course to win the next general election. Read More
(Alliance News) - Halifax on Friday reported that house prices in the UK "remained broadly stable" in April. Read More
(Alliance News) - Stocks in London are set to open lower on Friday, ahead of the latest UK house price data and following attacks that cast fresh doubt on the US and Iran's fragile ceasefire. Read More
(Alliance News) - UK Labour appeared to be haemorrhaging council seats in local elections across England as initial results pointed towards Reform UK gains. Read More