Hipgnosis Song. Share News (SONG)

London close: Stocks manage gains amid holiday slowdown

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.

UPDATE: Hipgnosis Songs Fund adviser still "constructive" amid dispute

(Alliance News) - Hipgnosis Songs Fund Ltd, which was due to release its half-year results on Tuesday, announced they will be delayed until the end of the year, amid a discrepancies between an independent valuation of its intellectual property assets and its manager's own view.

LONDON MARKET MIDDAY: FTSE 100 flat; Eurozone inflation cools to 2.4%

(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

Hipgnosis Songs Fund delays results amid dispute over asset values

(Alliance News) - Hipgnosis Songs Fund Ltd, which was due to release its half-year results on Tuesday, announced they will be delayed until the end of the year, amid a discrepancies between an independent valuation of its intellectual property assets and its manager's own view.

LONDON MARKET OPEN: Stocks rise as investors pin hopes on US rate cuts

(Alliance News) - Stock prices in London opened higher on Tuesday, with sentiment still buoyed by expectations of rate cuts in the US.

LONDON BRIEFING: Superdry annual profit to be hit by weak trading

(Alliance News) - Stocks in London are likely to open flat on Tuesdays, as investors shake off hawkish comments from the US Federal Reserve, but fail to find positive catalysts.

IN BRIEF: Hipgnosis Songs Fund adds Harwood founder Mills to board

Hipgnosis Songs Fund Ltd - London-based music intellectual property rights investor - Hires Christopher Mills, the founder of Harwood Capital Management and co-founder JO Hambro Capital Management, as an independent non-executive director, starting Friday. Mills currently is chief executive officer and investment manager of North Atlantic Smaller Cos Investment Trust PLC, and is on the boards of MJ Gleeson PLC, AssetCo PLC, and Oryx International Growth Fund Ltd. Mills holds no shares in Hipgnosis.

UK earnings, trading statements calendar - next 7 days

Hipgnosis seals USD23 million sale of 20,000 songs to trim debt

(Alliance News) - Hipgnosis Songs Fund PLC on Monday said it completed the sale of a batch of around 20,000 "non-core" songs to pay down debt and provide "greater headroom".

LONDON BRIEFING: GSK drug gets EU endorsement; Begbies backs outlook

(Alliance News) - London's FTSE 100 is called to open a touch lower on Monday, kicking off the week with some slight trepidation after Friday's hotter-than-expected US jobs report which offered the dollar some respite.

IN BRIEF: Hipgnosis Songs Fund new chair, other directors buy shares

Hipgnosis Songs Fund Ltd - London-based investor in music royalty rights - Directors, including Chair Rob Naylor, buy 327,000 shares on Thursday last week. The purchases are made at prices ranging from 73.29 pence to 73.56p and are worth about GBP240,224 in total. Naylor joined as chair at the start of November. He is chief executive of Intuitive Investments PLC and had been a director of Hipgnosis peer Round Hill Music Royalty Fund Ltd. Naylor's arrival followed a profit warning by Hipgnosis and a decision to skip dividend payments. This in turn followed Hipgnosis shareholders rejecting a deal to sell music catalogues to a company controlled by its investment manager.

Hipgnosis appoints Robert Naylor as chairman

(Sharecast News) - Music rights owner Hipgnosis said on Tuesday that it has appointed Robert Naylor as chairman of the board with immediate effect, replacing Andrew Sutch.

Hipgnosis Songs Fund welcomes Intuitive Investments CEO as new chair

(Alliance News) - Hipgnosis Songs Fund Ltd on Tuesday said it has hired Intuitive Investments PLC Chief Executive Officer Robert Naylor as chair, with immediate effect.

London close: Stocks mixed, Ryanair leads low-cost airlines higher

(Sharecast News) - London's stock markets finished mixed on Monday, with low-cost airlines in focus as investors cheered Ryanair's latest figures.

Hipgnosis Songs Fund pauses dividend payment until next financial year

(Alliance News) - Hipgnosis Songs Fund Ltd on Monday said it does not expect to declare any dividends before the new financial year.