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Saturday, January 23, 2021

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Ali Baba stock price hits record highs despite Trump’s threats to blacklist Ant Group

Trump may add Ant Group, the world’s biggest fintech firm, to the U.S. blacklist AliBaba bought a 33% stake in Ant Financial two years ago AliBaba...

Serco Group raises annual guidance on robust performance in Q3.

Serco Group raises annual guidance on robust performance in Q3. The British outsourcer raises £154 million from U.S. investors. Serco forecasts up to £150 million of...

Man Group reports a 4.4% growth in funds under management in Q3.

Man Group reports a 4.4% growth in funds under management in Q3. The investment manager attributes the increase to £1.31 billion of net inflows. Man Group...

The LSE Group strikes a deal with Euronext to sell Borsa Italiana.

LSE strikes a £3.84 billion deal with Euronext to sell Borsa Italiana. The LSE Group wants to finalise its Refinitiv deal by early 2021. LSE purchased...

Unite Group forecasts an up to 20% decline in rental income

Unite Group plc (LON: UTG) said on Thursday that its property portfolio posted a 0.7% annualised growth in terms of valuation in the fiscal...

Weir Group to offload its oil and gas business to Caterpillar Inc.

Weir Group plc to offload its oil and gas business to Caterpillar Inc. The £312.67 million deal will result in a cash tax benefit of...

Pennon Group says its performance in the H1 matches its expectations.

Pennon Group says its performance in the fiscal H1 matches its internal expectations. The UK waste management firm expects a £10 million hit due to...

SSP Group forecasts sales to slide by 86% in the fiscal second half.

SSP Group forecasts sales to slide by 86% in the fiscal second half. The catering company says sales have recovered since stores reopened. The British multinational...

IPO: The Hut Group stock price soars 30% on its debut

Shares of The Hut Group (LON: THG) surged over 30% in its first day of public trading on Wednesday, to mark the  largest initial...

The Hut Group jumps 30% as it debuts on the London Stock Exchange.

The Hut Group jumps 30% as it debuts on the London Stock Exchange. The company sold 376 million shares at 500 pence each in its...
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