LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000.<br /><br />The FTSE 350 sector is down 5.0% in rea Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Capital & Counties</strong> <strong>Properties</strong> PLC said it has formed a joint venture with Transport for London that will al Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Friday said it has completed the pricing of two sets of bonds that will raise about USD998.9 million before expenses, with the proceeds to be used for general corporate purposes. The larger of the issues is a three-year USD700.0 mil Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 0.5%. The group has agreed to sell Skandia Germany and S Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Babcock International</strong> Group PLC said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustri Read More
LONDON (Alliance News) - UK stock indices are lower Thursday but range-bound as investors keep one eye on developments in Ukraine, while the pound has jumped to a six-day high against the dollar after stronger-than-expected UK retail sales data. Following US President Barack Obama's speech Read More
Washington (Alliance News) - The US Federal Reserve on Wednesday rejected Citigroup Inc's capital plan and those put forth by four other banks as part of its annual stress test. The Fed said in a statement it based its decision to veto the capital plans of Citigroup, the US units of Royal B Read More
LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.<br /><br /><strong>Babcock International</strong> is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci Read More
LONDON (Alliance News) - UK equities are set to open in the red Thursday, following a poor close on Wall Street on Wednesday. US equities moved broadly higher at the start of trading, before interest waned and the early gains were reversed. Eventually, the DJIA closed down 0.6%, the S&P 500 Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS ITV TO 'NEUTRAL' ('BUY') - TARGET 210 (230) PENCE <br />----------<br />GOLDMAN CUTS STANDARD CHARTERED PRICE TARGET Read More
LONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in <strong>Lloyds Bank</strong>. <br /><br />The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP Read More
LONDON (Alliance News) - The Qatari operation of Royal Bank of Scotland Group PLC was Tuesday scolded by the Qatar Financial Centre Regulatory Authority after it found that the bank's training programme did not meet its requirements. In a statement, the QFC Regulatory Authority said RBS's t Read More
LONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.<br /><br />Europe's largest home improvement retailer<strong> Kingfisher</strong> gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu Read More
LONDON (Alliance News) - British lender Royal Bank of Scotland Group PLC is in preliminary talks with Japanese lender Sumitomo Mitsui Financial Group Inc. for a sale of RBS' US retail business, the Wall Street Journal reported Monday, citing people familiar with the talks. RBS Citizens Fina Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES MEGGITT TO 'BUY' ('NEUTRAL') - TARGET 520 (530) PENCE <br />----------<br />BARCLAYS CUTS RBS TO 'EQUAL WEIGHT' ('OVE Read More
LONDON (Alliance News) - Shares have opened higher Friday, following gains in the US and Asia overnight, as the London market looked to take back its recent losses while still digesting the UK budget, US central bank comments, and the situation in Ukraine.<br /><br /><strong>BG Group</strong> Read More
(An item published 1005 GMT misstated the number of smart meters deployed and added to the portfolio. The correct version follows.) LONDON (Alliance News) - Smart Metering Systems PLC Monday reported an increase in profit and revenue for the full year, with progress by both of its main busi Read More