LONDON (Alliance News) - Shares in <strong>Carphone Warehouse</strong> Group and <strong>Dixons Retail</strong> 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. <br /><br />The new firm, Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>London Stock Exchange</strong> Group, up 2.4%. The group said its full-year revenue r Read More
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
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
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
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br /><br />UK television company <strong>ITV PLC</strong> reported higher revenue for the first quarter of 2014 thanks to a continued recovery in advertising revenu Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />DEUTSCHE BANK CUTS STANDARD CHARTERED PRICE TARGET TO 1275 (1360) PENCE - 'HOLD' <br />----------<br />CREDIT SUISSE CUTS HSB Read More
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.<br /><br />The blue-chip index is being weighed down by broadcaster <strong>ITV</strong>, whos Read More
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
LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> 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
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>IGas Energy</strong> 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
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
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS HSBC PRICE TARGET TO 630 (665) PENCE - 'NEUTRAL' <br />----------<br />LBBW CUTS HSBC PRICE TARGET TO 650 (690) PENCE Read More
LONDON (Alliance News) - Standard Chartered PLC Thursday reported a fall in operating profit for the first quarter, amid a challenging external environment. Group income dropped during the period, hurt by local currency weakness. Peter Sands, Group Chief Executive, said, "Despite a somewhat Read More
LONDON (Alliance News) - Standard Chartered PLC Thursday reported a fall in operating profit for the first quarter, amid a challenging external environment. Group income dropped during the period, hurt by local currency weakness. Peter Sands, Group Chief Executive, said, "Despite a somewhat Read More
LONDON (Alliance News) - UK stocks closed lower Wednesday, with the FTSE 100 ending down for a second consecutive day as investors digested some disappointing macro economic data from Asia and a batch of mixed earnings from individual UK stocks. <br /><br />The FTSE 100 ended every day of last Read More
LONDON (Alliance News) - HSBC Holdings PLC Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance in Asia, Latin America and in its investment bank that was only partially offset by lower impairment charges and continued cost cutting. In a statement, HSBC Read More