News

PRESS: AstraZeneca CEO Soriot wants to move listing to the US - Times
Citing multiple sources, the Times said AstraZeneca CEO Pascal Soriot has spoken privately of his preference to move the FTSE 100 company's listing on a number of occasions and has even discussed ...
LONDON MARKET CLOSE: FTSE 100 advances, outperforming European peers
The FTSE 100 index closed up 24.37 points, 0.3%, at 8,785.33. The FTSE 250 was 116.90 points higher, 0.5%, at 21,743.16, while the AIM All-Share added 2.29 points, 0.3%, at 772.94.
EARNINGS: Wynnstay profit up; Supreme hails "strong performance"
Wynnstay Group PLC - Powys, Wales-based agricultural supplies and specialist merchanting firm - It hails a "significant improvement" in the first half of its financial year. Pretax profit in the six ...
Global Smaller Cos Trust underperforms benchmark in "difficult year"
Global Smaller declared a 2.30p per share final dividend, a rise of 8.0% from 2.13p. It means its total dividend for the year is 3.00p, up 6.8% from 2.81p. It is its 55th successive dividend hike, the ...
Mercia Asset Management sets share buyback as assets near GBP2 billion
(Alliance News) - Mercia Asset Management PLC on Tuesday launched a GBP3.0 million share buyback as a part of new annual buyback policy, while reporting a swing to annual profit and nearly GBP2 ...
LONDON MARKET MIDDAY: Stocks mostly red after weak house price data
(Alliance News) - London's stocks were mostly a notch lower at midday on Tuesday, dragged down by housebuilders after a soft UK house price reading, and as industrial firms brace for the introduction ...
Kitwave says fragile confidence, higher labour costs to impact profit
Kitwave Group PLC on Tuesday warned lower sales and higher employment costs would mean lower than expected profit in the coming financial year. In response, shares in the North Shields, England-based ...
London midday: Stocks turn lower as housebuilders retreat
S&P Global said that manufacturing production was lower for the eighth straight month, as companies scaled back output in response to "weak market conditions, clients offsetting higher costs through ...
AIM WINNERS & LOSERS: Kitwave suffers double-digit interim profit fall
Kitwave Group PLC, down 22% at 249.22p, 12-month range 230.00p-355.00p. The North Shields, England-based food wholesaler reports pretax profit of GBP5.6 million for the six months that ended April 30, ...
PRESS: Standard Chartered faces lawsuit over thefts from Malaysia fund
(Alliance News) - Standard Chartered PLC faces a lawsuit filed in Singapore on Monday that seeks more than USD2.7 billion from the bank over its alleged role in the theft of funds from Malaysia's ...
UK welfare rebellion looms for PM despite concessions to Labour rebels
(Alliance News) - UK Prime Minister Keir Starmer continues to face the prospect of a major rebellion over his welfare cuts despite making concessions to disgruntled Labour MPs. Ministers hope a ...
London close: Stocks slip on slew of UK data
(Sharecast News) - London stocks ended lower on Monday as investors digested a series of UK economic data and monitored developments in North American trade negotiations. The FTSE 100 index fell 0.43% ...