LONDON BROKER RATINGS: Citi cuts AJ Bell; BofA likes JD Sports
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UPDATE: Saba pushes back on critical Trusts as eyes board overhauls
(Alliance News) - Saba Capital Management LP on Monday pushed back on claims made by two of its investees, as the company aims to drive management shake-ups at several "underwhelming" firms in its ...
LONDON BROKER RATINGS: Barratt and Persimmon raised but Berkeley cut
Redburn raises Barratt Redrow to 'buy' (neutral) - price target 540 (530) pence Redburn raises Persimmon to 'buy' (neutral) - price target 1,510 (1,610) pence RBC cuts Unilever to 'underperform' ...
PRESS: Waterstones boss eyes possible IPO in London or New York
(Alliance News) - James Daunt, the boss of both Barnes & Noble in the US and Waterstones in the UK, is considering a potential combined initial public offering, the Financial Times reported on Monday.
Ireland service sector growth eases but remains elevated
(Alliance News) - Ireland's service sector economy ended the year strongly, though the pace of its expansion eased slightly, numbers on Monday showed. The AIB services business activity index faded to ...
LONDON MARKET EARLY CALL: FTSE 100 to open flat before European PMIs
The pound was quoted at USD1.2443 early Monday in London, up from USD1.2414 at the time of the London equities close on Friday. The euro rose to USD1.0311 from USD1.0297. Against the yen, the dollar ...
London close: Stocks finish first week of 2025 weaker
(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking ...
Star Energy ups stake in Croatian geothermal development company
Through its Croatian subsidiary, IGeoPen doo, A14 Energy owns three geothermal waters exploration licences in the Pannonian Basin in Croatia.
GSK treatment approved for adults with sinus condition in China
(Alliance News) - GSK PLC on Friday reported that its Nucala treatment has been approved in China to treat long-term sufferers of a sinus ailment following a phase 3 study.
LONDON MARKET CLOSE: Diageo dents spirits in London but US stocks fly
In contrast to the gloomy mood in Europe, US markets pushed higher. At the time of the London close, the Dow Jones Industrial Average was up 0.6%, the S&P 500 was 1.0% higher and the Nasdaq Composite ...
Fragrant Prosperity continues funding search as interim loss widens
(Alliance News) - Fragrant Prosperity Holdings Ltd on Thursday reported a widening of its interim loss as it remained optimistic about funding and acquisitions. Fragrant Prosperity is a British Virgin ...
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Emmerson shares leap as secures USD11 million litigation financing
(Alliance News) - Emmerson PLC on Thursday said it has signed a deal with a specialist litigation funding firm to secure USD11.0 million in financing. The funding will go towards a dispute with the ...