LONDON MARKET MIDDAY: Europe mixed as FTSE 100 underperforms
(Alliance News) - Stock prices in Europe were mixed on Thursday, with a US holiday removing some impetus from markets as the week draws to a close. Read More
(Alliance News) - Stock prices in Europe were mixed on Thursday, with a US holiday removing some impetus from markets as the week draws to a close. Read More
HSBC Holdings PLC - London-based bank focused on Asia - HSBC receives a series of consents from the Hong Kong government required to complete its proposed acquisition of the remainder of subsidiary Hang Seng Bank Ltd. Back in October, HSBC offered to buy out minority shareholders in the Hong Kong-listed lender. HSBC offered HKD155, around USD19.92, per share for the 37% of Hang Seng Bank it does not already own. The offer values Hang Seng Bank at HKD290.31 billion, and HSBC's holding at HKD106.16 billion, or USD13.62 billion. Hang Seng Bank shares closed at HKD152.00 on Thursday. The consents relate to dealings in structured products, agency securities lending, market-making in Hang Seng Bank shares, management of passive index-tracking funds, and dealings as executor and discretionary trustee of a deceased's estate. HSBC separately says the scheme document for the acquisition will be issued by December 17. Read More
(Alliance News) - Global banking firm JPMorgan Chase & Co has unveiled plans to build a new tower in London's Canary Wharf in an estimated GBP10 billion boost to the City. Read More
(Alliance News) - Partners Group Private Equity Ltd on Thursday announced the sale of Convex Group, a specialty property and casualty insurer. Read More
(Alliance News) - Team PLC on Thursday announced it will buy WH Ireland Group PLC, expected to become effective in the first quarter of 2026. Read More
Capita PLC - London-based outsourcing company - Says it has secured a three-year contract extension worth GBP33 million with a leading UK financial services provider. Commencing in January 2026, Capita will provide contact centre services under the agreement. Read More
(Alliance News) - Wheaton Precious Metals Corp on Thursday said it has completed a USD300 million gold stream agreement with Carcetti Capital Corp, supporting the latter's acquisition of the Hemlo gold mine from Barrick Mining Corp. Read More
(Alliance News) - Halfords Group PLC on Thursday reported broadly stable performance in its first half, as revenue edged up slightly, while profit fell a little below the previous year's level. Read More
(Alliance News) - Marshalls PLC on Thursday kept its full-year expectations unchanged, as it reported that Chief Executive Matt Pullen is stepping down with immediate effect. Read More
(Alliance News) - Safestore Holdings PLC on Thursday said it was "encouraged" by fourth quarter growth in revenue and increased occupancy as it maintained full-year earnings expectations. Read More
(Alliance News) - Greatland Resources Ltd on Thursday said it continues work to expand the West Dome Underground project, reporting "excellent drilling results". Read More
(Alliance News) - UK Chancellor Rachel Reeves shied away from meaningful reforms which could "move the dial" on economic growth, a leading think tank has said. Read More
(Alliance News) - Pan African Resources PLC on Thursday said a feasibility study on its Soweto cluster tailings storage facilities has confirmed the potential for significant long-term production growth at the Mogale tailings retreatment complex. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More