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 ...
LONDON BRIEFING: BAE Systems ups payout; Glencore announces buyback
Sterling bought USD1.2616 shortly before the UK data, and spiked to USD1.2634 moments later, before fading again. Here is what you need to know at the London market open: FTSE 100: called down just ...
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 ...
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 ...
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.
Orosur Mining progresses early stage exploration project in Argentina
This represents a "key stage in the exploration agreement", said Chief Executive Brad George, as the company has now earned a direct 51% interest in the Argentine company that owns the exploration ...
LONDON MARKET OPEN: Glencore, HSBC and travel stocks decline
(Alliance News) - European stocks traded mixed early Wednesday, with Glencore, BAE Systems and HSBC declining in London after the trio reported annual results, while the pound returned gains it made ...
LONDON BROKER RATINGS: Redburn likes Bunzl; Shore Capital cuts Spirax
Mike Ralston, CEO of Blencowe Resources (BRES) and Manuel Pablo Zúñiga-Pflücker, President and CEO of PetroTal (PTAL) will be presenting and taking live Q&A at focusIR's Investor Webinar on Tuesday ...
Beeks shares fall despite forecast for double-digit profit growth
(Alliance News) - Shares in Beeks Financial Cloud Group PLC fell on Wednesday despite the company forecasting double-digit revenue and profit growth for the first half of its financial year, driven by ...
AIM WINNERS & LOSERS: Filtronic wins SpaceX deal; Dekel rises
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.