Record Share News (REC)

UK earnings, trading statements calendar - next 7 days

Record to discontinue R-platform plan as not commercially optimal

(Alliance News) - Record PLC on Friday said it will discontinue its plan to add a new technology platform due to lower-than-expected improvement and high investment costs.

LONDON MARKET CLOSE: Stocks up as Fed's preferred inflation read cools

(Alliance News) - Stock prices in London closed up on Friday, as investors predicted and responded positively to a cooling inflation read in the US.

IN BRIEF: Record assets under management equivalent rise

Record PLC - Windsor, England-based currency and derivatives manager - Says assets under management equivalent rose to USD99.5 billion in the third quarter of the year ending March 31. This is an 18% increase from GBP84.5 billion at September 30. Year-to-date AuMe have surged 13%, it adds. Quarterly net inflows are USD7.9 million, and 6.9 billion in the nine months to December 31. Meanwhile, performance fees in the third quarter were GPB3.5 million, and GBP5.0 million in the year to date. Looking ahead, Record says it is making progress towards the launch of its first infrastructure fund. Record will announce its fourth quarter trading update on April 26, and its financial results for the year ending March 31 on June 28.

Record reports solid growth in assets under management

(Sharecast News) - Currency and asset manager Record reported a significant increase in assets under management and earnings (AUME) in its third quarter on Friday, surging 17% to reach a total of $99.5bn.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Record names Heading as new CFO as Cullen to retire

Record PLC - Windsor, England-based currency and derivatives manager - Chief Financial Officer Steve Cullen announces intention to retire in summer this year. He will remain available on an advisory basis, to support the handover and transition of his responsibilities. Record simultaneously announces hiring of Richard Heading as new CFO, and says it will confirm the exact date of his appointment in due course. Heading was most recently group finance director of IG Group Holdings PLC, having previously served as its business finance director from September 2018 to March 2021. News follows announcement in November that Chief Executive Officer Leslie Hill will also retire on March 31, with Record formerly installing Jan Witte as her replacement on April 1. CFO Cullen has spent 20 years at Record and was promoted to CFO in 2013.

SMALL-CAP WINNERS & LOSERS: Record shares rise as welcomes new CFO

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

UK dividends calendar - next 7 days

SMALL-CAP WINNERS & LOSERS: Carclo warns of tricky trading conditions

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

UK dividends calendar - next 7 days

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Record stock falls as annual profit declines, CEO retiring next year

(Alliance News) - Record PLC on Friday said its revenue, performance fees and profit decreased in its latest half year, but still announced a slight increase to its interim dividend payout.

SMALL-CAP WINNERS & LOSERS: Smiths News inks deal, Record profit falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK.