News

EXECUTIVE CHANGES: Avacta names CMO, Mission Group appoints CEO
Huddled Group PLC - Nottingham, England-based investor in e-commerce brands - Says Michael Ashley will become chief executive officer. In addition, Martin Higginson will become executive chair with ...
London close: Stocks finish choppy Tuesday session higher
London stocks ended higher on Tuesday, recovering from earlier losses as investors grew more optimistic about progress in US trade negotiations. The FTSE 100 index rose 0.28% to close at 8,785.33 ...
Neo Energy Metals eyes fast-track Johannesburg listing this year
(Alliance News) - Uranium project developer Neo Energy Metals PLC on Monday said it will move towards a fast-track listing on the Johannesburg Stock Exchange. Neo Energy said the move is part of its ...
Mpac to scale back US operations as order slowdown hurts sales
Mpac Group PLC on Tuesday warned full-year revenue will fall significantly below previous expectations due to slower market conditions in the US. The Tadcaster, North Yorkshire-based high-speed ...
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 ...
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 ...
Southern Water receives further GBP1.2 billion equity injection
(Alliance News) - The owner of Southern Water has pumped another GBP1.2 billion into the struggling utility to help boost its finances. Sydney-based investment firm Macquarie Group Ltd – which ...
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 ...
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 ...
CLS Holdings sells German properites for EUR41.3 million to repay debt
CLS said the sales totalled EUR41.3 million, will the proceeds earmarked for debt repayment. It added that its pro-forma loan to value ratio will drop to 47.0% at year-end from 50.7%, following the ...
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, ...
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 ...