News

London close: Stocks finish firmer ahead of Fed, BoE
(Sharecast News) - London stocks closed slightly higher on Wednesday as investors digested fresh UK inflation figures and awaited the outcome of the US Federal Reserve's latest policy meeting, while ...
Rockwood Strategic beats comparators as full-year profit multiplies
This beat not only the 5.1% rate Rockwood posted in financial 2024, but also the firm's comparators. The FTSE Small Cap index reported a rise of 3.4% in NAV total returns for the same period, while ...
ME Group exploring strategic options including seeking possible bids
(Alliance News) - ME Group International PLC on Wednesday said it is evaluating various strategic options including seeking potential offerors for the company. However, the Surrey, England-based ...
Weir buys US engineering product maker Townley for GBP111 million
(Alliance News) - Weir Group PLC on Wednesday said it has agreed to buy US-based Townley Engineering & Manufacturing Co Inc and Townley Foundry & Machine Co Inc for an enterprise value of GBP111 ...
James Cropper shares rise as launches plan to improve performance
(Alliance News) - James Cropper PLC on Wednesday announced a revised strategy aimed at improving the performance of its Advanced Materials and Paper & Packaging arms. Shares in the Cumbria, ...
Personal Assets Trust increases NAV despite drag from spirits stocks
Net asset value per share rose 5.8% to 515.22 pence in the year that ended April 30 from 487.05p a year prior, outperforming the FTSE All-Share Index which rose 3.7%. NAV per share total return was ...
SMALL-CAP WINNERS & LOSERS: Gore Street declares special dividend
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
LONDON BROKER RATINGS: Barclays cuts Aviva; Bernstein cuts Shell
RBC cuts Bunzl to 'sector perform' (outperform) - price target 2,350 (2,600) pence JPMorgan raises Lloyds Banking price target to 78 (71) pence - 'underweight' JPMorgan raises Prudential price target ...
Morgan Sindall shares jump as expects to beat previous expectations
Morgan Sindall back in March predicted adjusted pretax profit "slightly ahead" of consensus at the time of GBP178.0 million. In May, it said it was confident of delivering a full year performance in ...
Wynnstay Properties increases dividend as net asset value rises
(Alliance News) - Wynnstay Properties PLC on Tuesday increased its dividend and reported "steady and very satisfactory progress" as its net asset value increased. The London-based property investment ...
Quadrise partners with Alder Energy on biofuel feedstock development
The London-based fuel and biofuel company said Alder Energy, which is known as Alder Renewables, is a biomass technology provider with "industry leading partners and investors". Under the agreement, ...
Work to get US steel tariffs removed to go on — UK's Heidi Alexander
(Alliance News) - Work to get US tariffs on UK steel removed will go on in the coming "days, weeks and months", the UK Transport Secretary has said, after a deal was finalised that left the future of ...