LONDON (Alliance News) - Shares in Carphone Warehouse Group and Dixons Retail took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods. The new firm, Read More

UK WINNERS & LOSERS: LSE And Aviva Top And Tail FTSE 100

15th May 2014 11:35

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- London Stock Exchange Group, up 2.4%. The group said its full-year revenue r Read More

MARKET COMMENT: UK Stocks Set For Soft Open Ahead Of European Data

15th May 2014 06:45

LONDON (Alliance News) - UK stocks are set to open marginally lower Thursday, following a negative close on Wall Street on Wednesday and ahead of some top-tier economic data from Europe. UK equities closed mixed on Wednesday, with only a late rally in the FTSE 100 preventing the UK's blue-c Read More

Marks & Spencer To Launch Current Account With No Monthly Fee

15th May 2014 05:59

LONDON (Alliance News) - Marks & Spencer Group PLC's bank has made a new current account available to customers, its first with no monthly fee. In a statement, M&S Bank said customers who switch to its new current account will receive a GBP100 M&S gift card. "A current account with no Read More

PRESS: HSBC Climbs Down Over Massive Bonuses After Shareholders Protest - Independent

15th May 2014 05:54

LONDON (Alliance News) - HSBC Holdings PLC has stepped back from its original bonus plans for Chairman Douglas Flint, cutting it to a one-off maximum payment of GBP1.0 million, the Independent reported Thursday, quoting a statement from the bank's remuneration committee. HSBC had wanted to Read More

UK Dividends Calendar - Week Ahead

15th May 2014 05:30

UK Dividends Calendar - Week Ahead

14th May 2014 15:15

TOP NEWS: UK Unemployment Drops To Five-Year Low

14th May 2014 10:33

LONDON (Alliance News) - The following is a summary of top news stories Wednesday. ---------- COMPANIES ---------- UK television company ITV PLC reported higher revenue for the first quarter of 2014 thanks to a continued recovery in advertising revenu Read More

UK BROKER RATINGS: JPMorgan Downgrades Randgold To Neutral

14th May 2014 09:07

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning: ---------- FTSE 100 ---------- DEUTSCHE BANK CUTS STANDARD CHARTERED PRICE TARGET TO 1275 (1360) PENCE - 'HOLD' ---------- CREDIT SUISSE CUTS HSB Read More

UK MORNING BRIEFING: ITV Weighs On FTSE 100 Despite Strong Revenue

14th May 2014 07:29

LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England. The blue-chip index is being weighed down by broadcaster ITV, whos Read More

Fidelity Special Values NAV Rises On "Contrarian" Positions

9th May 2014 12:20

LONDON (Alliance News) - Fidelity Special Values PLC Friday said its net asset value continued to rise over the first six months of the year, boosted by returns from stock picking. In a statement, Fidelity Special Values said its net asset value per share rose by 14.6% during the six months Read More

UK MIDDAY BRIEFING: IAG On Steady Path, Petrofac Dives

9th May 2014 11:50

LONDON (Alliance News) - Oil and gas services company Petrofac Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w Read More

TOP NEWS: IGas Acquisition To Make It Biggest Gas Fracker In UK

9th May 2014 10:27

LONDON (Alliance News) - The following is a summary of top news stories Friday. ---------- COMPANIES ---------- IGas Energy PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp Read More

HSBC Agrees To Sell Pakistan Banking Business To Meezan Bank

9th May 2014 09:39

LONDON (Alliance News) - HSBC Holdings PLC Friday said it has agreed to sell its banking business in Pakistan to Meezan Bank Ltd, as the global banking giant continues to scale back in areas it considers to be non-core to its strategy. The deal, which requires regulatory and shareholder app Read More

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