(Alliance News) - Shell PLC on Thursday left its buyback unchanged but reported weaker earnings than forecast due to reduced oil prices and a softer contribution from its marketing business. Read More
(Alliance News) - Shell reports lower fourth quarter earnings and launches a USD3.5 billion share buyback programme, while Anglo American cuts its copper production guidance. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, after the FTSE 100 closed at a new record high on Wednesday, ahead of interest rate decisions in the UK and Europe. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - Ireland's private sector activity slowed slightly in January, as both services and manufacturing cooled but remained in growth territory, S&P Global reported Thursday. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 surged to a fresh high on Wednesday, spurred by strong trading updates and as insurer Beazley said it has accepted a possible GBP8.0 billion bid. Read More
(Alliance News) - BlackRock American Income Trust PLC on Wednesday said the outlook for the US economy remains "broadly positive", as it posted full-year gains in its net asset value per share. Read More
Strix Group PLC - Isle of Man-based supplier of kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Begins a buyback programme worth up to GBP10 million. Says brokers, Zeus Capital Ltd and Stifel Nicolaus Europe Ltd will conduct the scheme on its behalf. Notes the scheme is being conducted in accordance with the authority granted by shareholders back in July last year. Explains that the programme will continue until either the authority expires or the company has spent the maximum amount allowed, unless Strix decides to end it sooner. Read More
(Alliance News) - Cizzle Biotechnology Holdings PLC on Wednesday said the Canadian intellectual property office has granted protection to medical testing methods that use the CIZ1B lung cancer biomarker. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Gulf Keystone Petroleum Ltd - Bermuda-registered oil producer focused on the Kurdistan region of Iraq - Intends to complete its listing on the Euronext Growth Oslo, while keeping its listing in London. The firm says it has applied for listing of its shares in Oslo and expects the first day of trading to be on or about February 18. It adds: "The company is pursuing the listing as part of ongoing efforts to increase the liquidity of its issued share capital, attract new institutional and retail shareholders and improve its access to capital markets. Following the private placement and the listing, the company plans to implement arrangements to enable cross-border transfers of the company’s shares between Euronext Growth Oslo and the London Stock Exchange." Read More
Pensana PLC - London-based developer focused on developing a mine-to-magnet rare earth supply chain - Says the final tranche of USD25 million financing has been received by subsidiary Ozango Minerais SA as part of the Longonjo mine finance. Back in May, Pensana reported a USD25 million equity tranche would be deployed into Ozango by the Angolan Sovereign Wealth Fund. Says the financing has been received and is currently being fully deployed towards the Longonjo main construction workstreams. Owing to the receipt of funds, Pensana says its stake in Ozango should fall to 68.4% from 84%. Adds that the effective ownership is expected to face further change as a result of the USD100 million strategic investment announced in December. "Pensana's ownership is expected to increase and this will be communicated to the market accordingly in due course," the company says. Read More