(Alliance News) - ITM Power on Friday said it has been chosen by Stablegrid Group as the technology partner and supplier for two energy infrastructure projects in Germany. Read More
(Alliance News) - Babcock International Group PLC on Friday boosted its interim dividend and backed full-year targets, after trading improved first half. Read More
HgCapital Trust PLC - provides access to private equity investments of manager Hg - Hg makes full exit from Intelerad Medical Systems Inc, selling its majority stake to GE Healthcare Technologies Inc in a deal that values Intelerad at USD2.3 billion. Minority shareholders TA Associates and Ardan Equity also exit. Raleigh, North Carolina-based Intelerad provides medical imaging software for radiologists and clinicians. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
FW Thorpe PLC - Redditch-based lighting systems maker - Says results to date are in line with last year's amid market challenges. In an announcement on Thursday ahead of the company's annual general meeting, Chair Mike Allcock said "the group is finding it challenging to take a step forward in its revenues". For the financial year ended June 30, 2025, FW Thorpe achieved a revenue of GBP175.2 million, having fallen 0.3% from the year before, and a pretax profit of GBP31.6 million. The company said that despite lighting market challenges "the business is in decent shape, and performance is good". Read More
(Alliance News) - PPHE Hotel Group Ltd on Friday launched a strategic review and formal sale process that could result in the acquisition of the company. Read More
(Alliance News) - Asos PLC on Friday said its annual loss narrowed, despite falling sales, as margins improved reflecting a "higher full-price sales mix and lower markdown activity". Read More
(Alliance News) - European markets struggled, while Asian equities slumped after a reversal in sentiment in New York overnight saw stocks there end sharply in the red. Read More
Frasers Group PLC - Shirebrook, England-based owner of multiple retailers - Buys Braehead shopping centre in Glasgow, Scotland. In an announcement after the London market close on Thursday, the company notes that Braehead has an annual footfall of over 15 million visitors and totals over one million square feet, serving the UK's largest retail spend catchment outside of London. Frasers doesn't provide the purchase price or any other financial details. Read More
(Alliance News) - Jubilee Metals Group PLC reported on Friday its copper production surged in the first quarter of its financial year as its open-pit copper mine expanded and plants operated a full capacity. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes its acquisition of a business park in Feldkirchen, Munich, for EUR43.7 million. Feldkirchen business park generates EUR3.4 million of annualised rent roll per annum and is 94% occupied. The purchase terms reflect an EPRA net initial yield of 7.8%. The asset is anchored by Excelitas, a designer and manufacturer of high-performance optical and photonic solutions for defence, aerospace, medical and industrial applications. Sirius first announced this deal last month. Following this transaction, Sirius has acquired around EUR340 million of income-producing assets across the UK and Germany so far in 2025. Read More
(Alliance News) - Babcock reports a rise in half-year earnings, Asos says lower markdown activity helped narrows its annual loss, while PPHE has kicked off a strategic review. Elsewhere, Inspecs has received bid interest. Read More
(Alliance News) - UK household energy bills are set to rise by 0.2% from January 1 after Ofgem increased its next price cap. Read More
(Alliance News) - UK public sector borrowing was higher than expected last month, numbers on Friday showed, ahead of next week's government budget. Read More
HC Slingsby PLC - Shipley, West Yorkshire-based distributor of industrial and commercial equipment - Calls general meeting of shareholders for December 15 to approve the company's proposal to cancel its listing on the AIM market in London, saying it is in the "best interests of the company and its shareholders". HC Slingsby, which was founded in 1893, says the plan already has support from shareholders representing 73% of the total. The proposal needs 75% approval to pass at the GM. Read More