News

Ajax to list on AQSE, plans GBP1.5 million raise for Argentina project
(Alliance News) - Ajax Resources PLC on Friday said it has applied for admission to the Aquis Stock Exchange Growth Market, alongside a planned subscription to raise up to GBP1.5 million to support ...
Schiehallion Fund seeks UK tax residency and to join UK trust regime
(Alliance News) - Schiehallion Fund Ltd on Friday said it has now begun the process to become a UK tax resident and join the UK's investment trust regime. The Guernsey-based investment fund said it ...
International Paper to close five UK packaging sites; 300 jobs at risk
(Alliance News) - International Paper Co has announced plans to close five sites in the UK, putting about 300 jobs at risk, following its acquisition of DS Smith. The Memphis, Tennessee-based ...
Livermore Investments NAV rises amid decline in full-year profit
Net asset value per share increased by 2.5% to USD0.84 from USD0.82, and Livermore Investments did not declare a full-year dividend, unchanged from the prior year. However, in September, it declared ...
Cambridge Nutritional shares rise as health and safety case concludes
(Alliance News) - Cambridge Nutritional Sciences PLC on Friday said it has been fined GBP35,000 for safety breaches at a former subsidiary, as sentencing found "no deliberate breach or flagrant ...
HC Slingsby reports slower sales while profit rises on reduced costs
(Alliance News) - HC Slingsby PLC on Friday said recent sales were lower than the previous year, though overhead costs were also down. The Baildon, England-based industrial equipment supplier said ...
Blencowe receives further USD500,000 in development grant funding
(Alliance News) - Blencowe Resources PLC on Friday said it has received a further USD500,000 in grant funding from the US International Development Finance Corp, taking total funds now received to ...
Lexington Gold begins diamond drilling at Jennings-Pioneer project
Lexington Gold Ltd on Friday said drilling had now begun at its Jennings-Pioneer project in the Carolina slate belt. The gold exploration and development firm in South Africa and the US said the drill ...
London midday: Stocks pare gains; retail sales, consumer sentiment reading in focus
(Sharecast News) - London stocks were off earlier highs but just in the black by midday on Friday as investors mulled better-than-expected retail sales data and an upbeat reading on consumer sentiment ...
LONDON BROKER RATINGS: Barclays lifts easyJet and Smiths price targets
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Barclays raises Smiths Group price target to 2,265 (2,020) pence - 'equal weight' ...
LONDON BRIEFING: BT profit up; Johnson Matthey sells unit to Honeywell
In early UK corporate news, BT reported growth in annual profit, miner Rio Tinto announced its boss will step down and ...
PRESS: Phoenix Group considering changing name to Standard Life - FT
(Alliance News) - Phoenix Group Holdings PLC is considering changing its name to Standard Life within the next 12 months, the Financial Times reported on Thursday, citing a person familiar with the ...