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Alliance News



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Puretech Health Affiliate Awarded USD8 Million By Wellcome Trust 
LONDON (Alliance News) - Puretech Health PLC said Tuesday its affiliate Karuna Pharmaceuticals received USD8 million from the Wellcome Trust for product development.The Translational Fund Award will be...
[ 12:09 ]

Castleton Technology Swings To Profit As It Buys Financial Platform (ALLISS) 
LONDON (Alliance News) - Castleton Technology PLC said Tuesday it swung to an annual profit from a loss the year before while the firm has also exercised its option to purchase Brixx Solutions Ltd's financial...
[ 12:06 ]

LONDON MARKET MIDDAY: Risk-Off Trade After Tariff Spat Intensifies 
LONDON (Alliance News) - A continuation of the US-China tariff saga knocked London stocks on Tuesday at midday, with Ashtead also dragging on the FTSE 100 after the release of its annual results.Fears...
[ 12:03 ]

Gateley Holdings Pays Earn Out Consideration For Gateley Hamer (ALLISS) 
LONDON (Alliance News) - Gateley Holdings PLC on Tuesday said it paid GBP470,317 in relation to acquisition of land surveyor Hamer Associates Ltd, which has been renamed to Gateley Hamer.The professional...
[ 12:03 ]

InnovaDerma Annual Profit To Be Lower Than Previously Expected 
LONDON (Alliance News) - InnovaDerma PLC said Tuesday profit for its current financial year is expected to be "lower than previously expected" due to significant one-off investments.Shares fell 5.9% on...
[ 11:56 ]

Phoenix Global Mining To Start Drilling Programme On Empire Mine 
LONDON (Alliance News) - North America-focused precious metals miner Phoenix Global Mining Ltd said on Tuesday it has started a drilling programme for its feasibility study for the Empire Mine, Idaho.Five...
[ 11:49 ]

UPDATE: China Vows Retaliation For Trump's "Blackmail" US Tariffs 
Beijing/WASHINGTON (Alliance News) - Beijing has vowed to retaliate after US President Donald Trump said he would impose a 10% tariff on another USD200 billion worth of Chinese goods "if China refuses...
[ 11:38 ]

Strategic Minerals Completes Drilling Programme On Australian Projects 
LONDON (Alliance News) - Mining company Strategic Minerals PLC said on Tuesday it has completed a 65 hole, 3.9 kilometre aircore drilling programme at the Hanns Camp and Mount Weld projects in Western...
[ 11:38 ]

TOC Property Backed Lending Bookbuild Raises GBP1.3 Million (ALLISS) 
LONDON (Alliance News) - TOC Property Backed Lending Trust PLC said Tuesday it had raised GBP1.3 million through an accelerated bookbuild run by finnCap Ltd.The trust had aimed to raise GBP1.5 million...
[ 11:37 ]

Harworth To Redevelop Former Coal-Fired Power Station In England 
LONDON (Alliance News) - Property investment company Harworth Group PLC said on Tuesday it has acquired a 350-acre former Ironbridge coal-fired power station in Shropshire, England, for a undisclosed...
[ 11:36 ]

AorTech Partners With VFT To Develop Synthetic Heart Valve Project 
LONDON (Alliance News) - AorTech International PLC on Tuesday said it has signed a development deal with Vascular Flow Technologies for its synthetic heart valve project. The biomaterials company said...
[ 11:36 ]

Ormonde Mining Narrows Loss And Expects Initial Production By 2018 End 
LONDON (Alliance News) - Mineral exploration company Ormonde Mining PLC said Tuesday it almost eliminated its annual loss through a lack of impairments and a reduction in losses from its share in an associate...
[ 11:34 ]

Accsys Technologies Full Year Loss Doubles As Costs Rise Sharply 
LONDON (Alliance News) - Chemical firm Accsys Technologies PLC said Tuesday its full year loss doubled despite revenue rising as finance and one-off costs bite as it expands manufacturing capacity significantly.For...
[ 11:32 ]

European Shares Retreat At Midday On Worries About US-China Trade War 
BRUSSELS/FRANKFURT/PARIS (Alliance News) - European stocks fell sharply on Tuesday to hover near two-month lows at midday, as a slew of profit warnings coupled with an escalating trade spat between the...
[ 11:31 ]

Orosur Mining Appoints Eagle Mines Management Founder To Board 
LONDON (Alliance News) - South American-focused gold mining company Orosur Mining Inc said Tuesday it has appointed the founder and managing director of Eagle Mines Management LLC to its board as a non-executive...
[ 11:26 ]

Vela Technologies Invests GBP200,000 In Event Ticket Marketplace 
LONDON (Alliance News) - Early stage-focused investment company Vela Technologies PLC said on Thursday it has invested GBP200,000 into Vibe Group Holdings Ltd, the holding company of Vibe Tickets Ltd...
[ 11:22 ]

Gresham House Strategic Confident As Outperforms Benchmark Index 
LONDON (Alliance News) - Gresham House Strategic PLC on Tuesday said it was ahead of benchmark in its most recently ended financial year, due to a rise in net asset value.The investment company posted...
[ 11:20 ]

Mayan Enters Contract With Oilfield Service Firm For Well Workover 
LONDON (Alliance News) - Mayan Energy Ltd said Tuesday it entered a "turnkey" contract with an oilfield service company to begin a well workover at the Zink Ranch Field in Oklahoma, US.The programme includes...
[ 11:17 ]

German Ifo Institute Trims Growth Projections 
BERLIN (Alliance News) - Germany's economy is forecast to expand at slower pace this year and next as global economic risks increased significantly.In the Summer Forecast, the think tank projected the...
[ 11:16 ]

TOP NEWS SUMMARY: Profit Warnings For UK High-Street, Retirement Homes 
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.----------COMPANIES----------Debenhams issued another profit warning as it lowered its profit expectations for the current...
[ 11:06 ]

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