Alpha Financial Markets Consulting Share News (AFM)

Alpha FMC set to beat full-year expectations

(Sharecast News) - Asset management, wealth management and insurance consultancy specialist Alpha FMC reported a strong second-half performance in a trading update on Thursday, citing positive conditions and ongoing global client demand.

LONDON MARKET MIDDAY: Powell comments continue to sour mood

(Alliance News) - Stock prices in London were firmly lower at midday on Thursday, as a slew of disappointing corporate earnings weighed on already fragile markets, still reeling from hawkish comments from US Federal Reserve Chair Jerome Powell.

IN BRIEF: Alpha Financial expects annual results ahead of market view

Alpha Financial Markets Consulting PLC - London-based asset management consultancy firm - Says it is "delighted" with its continuing strong performance and now expects to report full-year results ending on March 31 to be "significantly" ahead of current market expectations, which it did not specify. Explains that positive trading conditions in the second half of 2022 and ongoing client demand have allowed it to deliver double-digit organic net fee income growth compared to the prior year. Adjusted earnings before interest, tax, depreciation, and amortization have grown as well, it says, with margins remaining consistent.

LONDON MARKET OPEN: Mining stocks, rates worries weigh on stocks

(Alliance News) - Stock prices in London opened in the red on Thursday morning as investors continued to fret over of the prospect of rising interest rates globally.

LONDON BRIEFING: Aviva announces buyback; Entain profit drops

(Alliance News) - With the US weekly unemployment claims report in focus, stocks in London were set to open lower on Thursday morning.

LONDON BROKER RATINGS: UBS raises Spirax-Sarco and cuts Halma

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Berenberg raises target price on Alpha FMC

(Sharecast News) - Analysts at Berenberg raised their target price on specialist consultancy services provider Alpha Financial Markets from 480.0p to 530.0p on Wednesday following the group's interim results.

LONDON BROKER RATINGS: Numis cuts De La Rue; BoA raises Severn Trent

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Alpha Financial raises expectations on profit jump in first half

(Alliance News) - Alpha Financial Markets Consulting PLC on Wednesday said its financial performance over the first half was "extremely encouraging", after posting double-digit increase in revenue and profit.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Peel cuts Persimmon; Liberum raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Alpha FMC describes 'strong' first-half performance

(Sharecast News) - Asset and wealth management and insurance sector consultant Alpha FMC said in a trading update on Tuesday that it was "very pleased" with its "strong performance" in its first half.

IN BRIEF: Alpha FMC momentum continues as strong demand ongoing

Alpha Financial Markets Consulting PLC - London-based consultancy services to asset and wealth management industry - Says it is "very pleased" with "strong" performance in six months to September 30. "The good momentum and strong pipeline carried into financial 2023 has continued, with positive trading conditions in the first six months," Alpha adds. Points to demand driving double-digit organic net fee income growth in first half, with particular strength in North America.

UK shareholder meetings calendar - next 7 days

DIRECTOR DEALINGS: Next CEO's trust purchases GBP10 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: