(Alliance News) - Close Brothers Group PLC on Tuesday said it will slash around 20% of its workforce by the end of its next financial year, "to structurally lower" costs, though it added it is well-placed to "absorb" any more motor finance turmoil. Read More
Hunting PLC - London-based provider of equipment and engineering services to oil and gas industry - Starts on Tuesday the USD40 million share buyback programme announced with its annual results earlier this month. Hunting says the buyback will be run by Canaccord Genuity Ltd and completed by March 2028. The USD40 million programme follows the completion of a USD60 million buyback that had been started in August last year. All shares repurchased will be cancelled to reduce equity. Read More
(Alliance News) - Travis Perkins PLC on Tuesday cut its dividend as losses widened amid a subdued housing market. Read More
(Alliance News) - Trustpilot Group PLC on Tuesday announced a new share buyback as annual earnings beat expectations, supported by rising volume from artificial intelligence searches. Read More
(Alliance News) - Tritax Big Box REIT PLC on Tuesday pushed back its timing for practical completion of a UK data centre site, as it now only expects a decision on planning permission around the summer. Read More
(Alliance News) - Trustpilot says its profitability in 2025 is ahead of expectations, Close Brothers moves its cost savings target forward, and Travis Perkins lowers its dividend as earnings fall. Read More
(Alliance News) - Stocks in London are set to open slightly lower on Tuesday, as investors continue to focus on developments in the oil market as the war in the Middle East continues. Read More
(Alliance News) - Old Mutual Ltd on Tuesday reported sharply higher annual profit, and announced the retirement of its Chair Trevor Manuel. Read More
(Alliance News) – BHP Group Ltd on Tuesday announced it has submitted its Escondida New Concentrator project to Chile's Environmental Assessment System as part of its long‑term investment plans for the Escondida mine. Read More
(Alliance News) - BHP Group Ltd and Rio Tinto PLC on Tuesday announced that Resolution Copper, their joint venture in Arizona, has completed a federal land exchange with the US Forest Service. Read More
Buccaneer Energy PLC - Texas-focused exploration company, previously known as Nostra Terra Oil & Gas - Completes acquisition of 100% working interest in Carlisle-1 well in the Fouke area of the Pine Mills field in east Texas. For the company it means the immediate production of about 25 barrels of oil per day, increasing the company's production to about 155 bopd. The well has about 51,000 barrels of proved reserves according to a third-party estimate, Buccaneer Energy says. The acquisition increases Buccaneer's interest in the proposed Fouke waterflood unit to greater than 50% from around 33%. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Thames Water has confirmed an improved rescue bid has been tabled by creditors for the troubled supplier but said talks are ongoing over the proposals. Read More
(Alliance News) - Close Brothers Group PLC on Monday denied a report by short seller Viceroy Research, who said the company has "systematically misrepresented" its exposure to the Financial Conduct Authority's forthcoming motor finance consumer redress scheme. Read More
(Alliance News) - Politicians from Germany's ruling coalition have criticized oil companies over high fuel prices after a meeting of a government task force on Monday. Read More