Litigation Capital Management fails to win Quintis class action
The court ruled that the former director of Quintis and its auditors, Ernst & Young Global Limited, engaged in "misleading and deceptive conduct" in financial statements. However, the court found that ...
City of London Investment Trust ups interim payout as beats benchmark
The FTSE 250-listed investment firm, which targets long-term growth through equities listed on the London Stock Exchange, said net asset value per share with debt at fair value ticked up 0.3% to 430.8 ...
Ireland wholesale prices rise in January as electricity surges
(Alliance News) - Ireland's wholesale prices increased in January, with electricity costs rising sharply on both a monthly and annual basis, according to data from the Central Statistics Office on ...
Hookipa Pharma rules out making offer for Poolbeg Pharma
Under the proposed terms announced in January, shareholders in Poolbeg, the London-based clinical stage biopharmaceutical firm, would have received 0.03 Hookipa shares for each Poolbeg share. Shares ...
Irish Residential intends share buyback programme as loss narrows
Irish Residential proposed a final dividend per share of 2.20 euro cents, up 10% from 2.00c a year prior. This brings the total payout for 2024 to 4.08 euro cents, down 8.3% from 4.45c in 2023. The ...
Lloyds hails robust results but motor charge sends profit into reverse
Lloyds lifted its final dividend by 15% to 2.11 pence per share final dividend, giving a 3.17p per share total payout, up 15%. It also plans a GBP1.7 billion share buyback, down 15% from GBP2.0 ...
Diana Johnson says UK will "play part" in Ukraine security
(Alliance News) - Britain will "play our part" in pushing for security guarantees for Ukraine as part of any peace settlement, a minister said as Europe reels from Donald Trump blaming Kyiv for the ...
Ithaca Energy shares up as oil output in 2024 beats market guidance
Ithaca shares jumped 9.5% to 143.63 pence each on Thursday morning in London, making it the best performed on the FTSE 250. Ithaca will publish 2024 results on March 26. Comments and questions to ...
Anglo American swings to 2024 loss on huge write-downs, but shares up
Anglo American reported revenue of USD27.29 billion in 2024, down 11% from USD30.65 billion. As a result, underlying earnings before interest, taxes, depreciation and amortisation fell 15% to USD8.46 ...
LONDON MARKET MIDDAY: Ex-dividend stocks stifle FTSE 100
(Alliance News) - European blue-chips traded mixed on Thursday afternoon, with measures in Paris and Frankfurt rising, but that same positivity eluding the FTSE 100 in London. The FTSE 100 index fell ...
UPDATE: Glencore would "consider" moving primary listing from London
Glencore is a FTSE 100 constituent owed to its size and primary listing in London. Should it move its primary listing away from London, it would no longer form part of the FTSE 100 and would deliver ...
Rosebank Industries mulls acquisition of Electrical Components
(Alliance News) - Rosebank Industries PLC on Wednesday said it is considering to buy Electrical Components International Inc, a US manufacturing business.