News

Schroder European Real Estate swings to profit but discount persists
(Alliance News) - Schroder European Real Estate Investment Trust PLC reported on Thursday a return to interim profit and said it is evaluating options to address its discount to net asset value.
UPDATE: Shell says it has "no intention" of making offer for rival BP
Shell PLC on Thursday formally denied a press report that it is in talks to buy rival oil major, BP PLC. "In response to recent media speculation Shell wishes to clarify that it has not been actively ...
LONDON BROKER RATINGS: Berenberg says 'hold' Vodafone, 'buy' BT
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LONDON MARKET OPEN: Stocks green ahead of US data, Israel-Iran talks
While London South East do their best to maintain the high quality of the information displayed on this site, we cannot ...
London pre-open: Stocks seen lower after flat Wall St session
(Sharecast News) - London stocks were set to fall at the open on Thursday following a flat finish on Wall Street.
UPDATE: Shell denies holding takeover talks to buy rival BP
(Alliance News) - Shell PLC has denied it is in talks to acquire rival BP PLC after speculation about a deal that would combine the UK’s two biggest oil companies. "This is further market speculation.
Zanaga confirms high-grade DRI iron ore for low-carbon steel market
(Alliance News) - Zanaga Iron Ore Co Ltd on Wednesday said test results have confirmed that its project can produce high-grade iron ore concentrate suitable for a growing market for low-carbon steel, ...
FDM names Alan Kinnear as chair after five years on the board
As announced by the company in March, Current Chair David Lister is retiring from the board, also effective July 30. Kinnear, who previously worked at PricewaterhouseCoopers for 35 years, joined FDM's ...
Ultimate Products shares slump as it warns of falling revenue, profit
(Alliance News) - Ultimate Products PLC shares slumped on Wednesday as it warned that it expects full-year adjusted earnings before interest, tax, depreciation and amortisation below consensus, with ...
Hargreaves Services expects forecast-beating profit and revenue
The company said it considers consensus market expectations, prior to releasing its trading update, to be GBP247.6 million in revenue; GBP16.5 million in underlying pretax profit; 42.4p in earnings ...
London pre-open: Stocks to nudge up after solid US session
(Sharecast News) - London stocks were set to edge up at the open on Wednesday following a solid session on Wall Street as investors kept an eye on developments in the Middle East. The FTSE 100 was ...
LONDON BRIEFING: Babcock buyback; Tritax Big Box to buy Warehouse REIT
In early UK corporate news, Babcock reported a rise in annual profit and announced its first-ever buyback. Warehouse REIT agreed to a takeover from Tritax Big Box, withdrawing its support for ...