Team Internet receives two takeover proposals, will consider both
(Alliance News) - Team Internet Group PLC on Tuesday said it has received two takeover approaches, which it is considering with advisers. The London-based internet services company said the proposals ...
Close Brothers names Finance Director Mike Morgan as chief executive
(Alliance News) - Close Brothers Group PLC on Tuesday reported that Group Finance Director Mike Morgan will succeed Adrian Sainsbury as chief executive officer, effective from Monday.
LONDON BROKER RATINGS: Citi cuts AJ Bell; BofA likes JD Sports
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Journeo wins GBP1.4 million contract with Stoke-on-Trent City Council
(Alliance News) - Journeo PLC on Tuesday said it has won a GBP1.4 million contract with Stoke-on-Trent City Council for the supply and support of real-time passenger information technology.
UK grocery sales hit festive Christmas high but inflation picks up
According to market research firm Kantar, household spending on take-home groceries hit a new high this Christmas at GBP460 on average. Overall take-home sales at the grocers rose by 2.1% over the ...
GSK hails FDA breakthrough therapy designation for bone cancer drug
(Alliance News) - GSK PLC on Tuesday said the US Food & Drug Administration has granted a breakthrough therapy designation to its treatment for a form of bone cancer.
LONDON MARKET OPEN: Slow start for FTSE 100 but Next shines
The FTSE 100 index opened down 23.47 points, 0.3%, at 8,226.19. The FTSE 250 was down 79.56 points, 0.4%, at 20,533.09, and the AIM All-Share was down 1.37 points, 0.2%, at 727.22.
Next lifts profit outlook as buoyant overseas online trade lifts sales
Next plans to retain GBP75 million of surplus cash, reducing net debt, to contribute towards the potential repayment of a GBP250 million bond in August 2025. Next is due to announce annual results for ...
LONDON BRIEFING: Next ups guidance after strong Christmas trade
Stocks in London are set to open lower on Tuesday, with a eurozone inflation reading, and US data in focus. Both batches of data will be scrutinised for what they could mean for the European Central ...
LONDON MARKET EARLY CALL: FTSE 100 to open lower before eurozone data
(Alliance News) - Stocks in London are set to open lower on Tuesday, after a decent start to the week, with eurozone and US data in focus later. IG says futures indicate the FTSE 100 to open 44.1 ...
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' ...