LONDON (Alliance News) - Britain's biggest supermarket chain Tesco PLC is working on a new high-street food chain store format, focused on the London market, according to The Guardian Friday, which would compete with popular take-away food chains like Pret à Manger, Eat and Greggs PLC. Anal Read More
LONDON (Alliance News) - US stock look set to open tentatively higher Wednesday, with little in the way of data to provide a significant boost ahead of the release of the minutes of the latest US Federal Reserve policy meeting still ahead Wednesday. The futures markets are indicating that t Read More
LONDON (Alliance News) - Discount supermarkets Aldi and Lidl have upped the pressure on the UK's big supermarkets by winning shoppers and increasing market share, The Independent reports Wednesday citing data from Kantar Worldpanel. Aldi?s sales rose 35.3% in the 12 weeks to March 30, its Read More
(An item published at 1329 BST on April 4 incorrectly said that Tritax bought a property from Tesco PLC, when Tesco only leases the property. The correct version follows.) LONDON (Alliance News) - Tritax Big Box REIT PLC Friday said it has exchanged contracts to buy a distribution centre th Read More
LONDON (Alliance News) - Tesco PLC said Friday that Chief Financial Officer Laurie McIlwee is resigning, and will step down from the board to "pursue new opportunities." Tesco said it has begun the process to find McIlwee's successor, and is considering both internal and external applicants Read More
LONDON (Alliance News) - Tesco PLC Friday has exchanged contracts for the sale of its distribution centre at Southmead Industrial Estate in Didcot for GBP27.2 million with Tritax Big Box REIT PLC. Tritax Big Box announced the deal on Friday and said that the deal is set to complete on April Read More
LONDON (Alliance News) - Airlines are trading higher Friday after low-cost airlines easyJet and Flybe Group said they flew more passengers and filled more of the seats in their planes in recent weeks. <br /><br /><strong>EasyJet</strong> said it flew 5.1 million passengers in March, up from ne Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS EasyJet, up 2.4%. The low-cost airline said it flew more passengers and filled more of the seats in its planes in March. It s Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Low-cost airlines <strong>easyJet</strong> PLC and <strong>Flybe</strong> Group PLC said they flew more passengers and filled more of the seats i Read More
LONDON (Alliance News) - UK shares have opened slightly higher Friday, as the market awaits US jobs figures later in the day.<br /><br /><strong>Matomy Media</strong> Group Ltd became the first initial public offering to be pulled in London in 2014.<br /><br />The CFO role was front and centre Read More
LONDON (Alliance News) - Tesco Finance Director Laurie McIlwee is set to resign as early as next week, a move that will leave Chief Executive Philip Clarke as the only executive director on the company's board and under increasing pressure to improve performance, the Financial Times reports Frida Read More
LONDON (Alliance News) - British supermarket chain Tesco PLC said Monday that Chief Executive Philip Clarke and the following managers within the company purchased shares at a price of 297.97 pence each, under a partnership share scheme on March 28. Philip Clarke purchased 37 shares. Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Babcock</strong> International Group, up 3.5%. The company said its Cavendish Fluor Partnership has Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />SOCGEN CUTS TESCO PRICE TARGET TO 240 (270) PENCE - 'SELL' <br />----------<br />SOCGEN CUTS MORRISON PRICE TARGET TO 170 (200) Read More
LONDON (Alliance News) - Shares have opened higher Monday ahead of a week with a full calendar of economic data reports scheduled.<br /><br /><strong>Rolls-Royce</strong> Holdings PLC said it has won a deal worth more than USD50 million to support the US Marines Corps' fleet of KC-130J air-to- 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