ALD.L Share News (ALD)

Aldermore Starts Unconditional Trading, Up 16% Since Debut (ALLIPO)

Aldermore director buys shares after IPO surge

A director at Aldermore Group has bought a batch of shares for his wife, following the challenger bank's successful flotation in the London market last Tuesday. Christopher Stamper, veteran of ING and Abbey National, bought 9,500 shares for an individual price of 210.65p, spending a total of £20,012

UPDATE: Shawbrook Latest New UK Lender To Head To Stock Market (ALLIPO)

Britain's newest bank Aldermore Group makes stunning debut in London

Shares in Britain's newest bank, Aldermore Group rocketed up 12% to 215p in a stunning stock market debut. The rally in shares to 215p by 10:00 GMT saw the stock shoot above its initial public offer price of 192p per share, as the challenger bank finally arrived on the market having shelved its init

Aldermore Rises On Stock Market Debut As Bank Floats Continue (ALLIPO)

Allied Gold amends accusation against GRES

Allied Gold Mining has made a slightly red-faced apology to the Managing Director of GR Engineering Services (GRES) after making allegations against him rather than simply the company in a statement released on August 2nd. In the statement Allied said its wholly-owned subsidiary, Gold Ridge Mining,

Allied Gold Mining in merger with Australian miner

Shares in Allied Gold Mining rocketed almost 64 per cent on Friday after the mining company announced that it and fellow miner St Barbara plan to form a one billion dollar mid-tier miner by merging, in the largest deal of its kind since late 2010. Under the agreement, St Barbara will acquire the e

FTSE 250 movers: CWW talks send shares soaring

Indian outfit Tata Communications said it is in talks with UK telecoms firm Cable and Wireless Worldwide (CWW) regarding an offer - confirming earlier speculation - stepping on the toes of Vodafone which last month revealed its interest in the company. CWW's shares surged nearly 20% early on, and

Currency switch hits Allied Gold

Foreign exchange movements were especially unfriendly to Allied Gold in 2011 as the company plunged into the red. The group announced a loss before tax of $5.97m for 2011 versus a profit of $5.77m the year before, with foreign exchange losses of $4.06m contributing massively to the scale of the los

Allied Gold's Papua sites in 'legally good standing'

Allied Gold Mining, the gold miner with significant interests in Papua New Guinea, says the government has confirmed two of its key licences in the country are "legally in good standing". The written confirmation from the Mineral Resources Authority has come in response to reports that landowners m

FTSE 250 movers: BTG on the up after trial success

Healthcare firm BTG was on the up after successfully completing the first phase of the US-based trial of Varisolve, a varicose vein treatment. Casinos group Rank was also higher after confirming speculation that it is in talks with Gala Coral about the potential acquisition of Gala's casino busine

FTSE 250 movers: Renishaw in top spot

Renishaw, the measurement and medical device manufacturer, surged into the top spot on news the firm's revenues rose 11% in the first half. Geographically, revenue in Europe increased by 25% over the comparable period and the Americas were ahead by 23%. Bookshop and newsagent chain WH Smith was als

London close: Stocks down on Greek concerns

- Banks sold off as Greek talks continue. - S&P downgrades three French banks. - IMF cuts world GDP growth forecast. UK stocks were off their intraday lows but still finished firmly in the red on Tuesday, with global markets in negative territory as European leaders continue to argue over Greece

London midday: Banks drag Footsie lower

- Banks sold off as Greek talks continue. - S&P downgrades three French banks. - Defensives in demand. The banks had dragged London's blue chip index to its lowest levels of the day by lunchtime as eyes continued to be fixed on the Eurozone. While the attention seems to be mostly on Greece, the d

London open: Cairn, financials weigh on Footsie

UK stocks fell in early trading on Tuesday, giving up some gains made yesterday, as talks in Greece continue to drag on. Despite banks and other private institutions represented by the Institute of International Finance (IIF) having presented yesterday what they considered to be their "maximum offe