London (Alliance News) - British supermarket Tesco on Thursday said it had completed a deal with state-run China Resources Enterprise to create the Asian country's largest food retailer. Tesco, which has failed to impress Chinese customers with its solo stores, will now merge its roughly 13 Read More
LONDON (Alliance News) - Fitbug Holdings PLC Thursday said its losses widened in 2013, as it continued to invest in its product offering. The provider of online personal health and well-being services posted pretax losses of GBP2.6 million for 2013 compared with a GBP1.5 million loss in 201 Read More
LONDON (Alliance News) - British supermarket chain Tesco PLC Tuesday said Chief Executive Philip Clarke and a group of managers acquired shares at a price 304.59 pence per share under the company's Partnership Share Scheme Friday.<br /><br />Details are as follows. <table class="s" cellspac Read More
LONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning. <strong>Tullow Oil</strong> PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs Read More
LONDON (Alliance News) - Britain's biggest supermarket chain Tesco PLC Tuesday said it has ended talks with various parties regarding potential options for its struggling Turkish business, without striking a deal. Back in February, Tesco Kipa, the group's Turkish subsidiary, released a stat Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES JOHNSON MATTHEY PRICE TARGET TO 3980 (3600) PENCE - 'NEUTRAL' <br />----------<br />TRADERS: JPMORGAN ADDS AB FOO Read More
LONDON (Alliance News) - UK shares have opened mixed Friday, with mid- and small caps posting small gains while the FTSE 100 has started lower.<br /><br /><strong>Smiths Group</strong> and <strong>Tullow Oil</strong> are depressing the blue-chip index, as Smiths warned about the results of one Read More
LONDON (Alliance News) - Property website Zoopla Property Group and B&M European Value Retail SA, the cheap fashion retail led by former Tesco boss Terry Leahy, were among four companies that added themselves to London's initial public offering pipeline Thursday. However, here was a further Read More
LONDON (Alliance News) - The UK's main stock indexes all closed higher Wednesday, tracking gains in the US ahead of the minutes from the US Federal Reserve's last policy meeting, while the pound reached a multi-day high against other major currencies after the Bank of England released the minu Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Petrofac</strong>, up 1.8%, and <strong>AstraZeneca</strong>, up 1.6%. The companies Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CITIGROUP RAISES RSA INSURANCE PRICE TARGET TO 501 (480) PENCE - 'NEUTRAL' <br />----------<br />BERENBERG CUTS BABCOCK INTER Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Carnival</strong>, up 4.3%. The world's largest cruise ship operator said Tuesday that Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />PANMURE RAISES RSA INSURANCE PRICE TARGET TO 485 (425) PENCE - 'HOLD' <br />----------<br />UBS RAISES WEIR GROUP PRICE TARGET Read More
LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with <strong>RSA Insurance</strong>, <strong>London Stock Exchange</strong>, <strong>Wolseley</strong>, <strong>RPS</strong>, <strong>Cobham</strong> and others all making pre-market announcements Read More
LONDON (Alliance News) - UK stocks closed mixed Friday, with the FTSE 100 outperforming its smaller index peers, but the FTSE 250 fell sharply for a second consecutive session, and a third in total, after another busy day of reporting by its constituents.<br /><br />The mid-cap index had its w Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>WM Morrison Supermarkets</strong>, up 4.2%, <strong>J Sainsbury</strong>, up 2.6%, and Read More
LONDON (Alliance News) - UK stocks trade lower Friday, with a notable divergence continuing between the UK's leading index, the FTSE 100, and its mid-cap peer, the FTSE 250. A lack of new top-tier economic data and a quieter corporate calendar Friday leaves little to shift the sentiment fro Read More
LONDON (Alliance News) - Global stock indices lost ground Thursday amid a raft of disappointing eurozone economic data and concern over some disappointing company updates, with the FTSE 250 mid-cap index suffering its heaviest loss in more than six months, losing more than 350 points, as inves Read More