LONDON (Alliance News) - Britain's biggest supermarket chain Tesco PLC Friday said it will be investing around GBP85 million in its 50:50 joint partnership with Trent Hypermarket Ltd, the retail arm of Indian conglomerate Tata Group, as the grocer giant expands operations into India. Tesco Read More
LONDON (Alliance News) - UK stock indices are lower Tuesday, with declines led by retailers after AIM giant ASOS revealed a slower-than-expected start to the year and reduced its full-year profit expectations due to increased investment spending. By mid-morning Tuesday the FTSE 100 is down Read More
LONDON (Alliance News) - UK equities closed firmly higher Monday, with the FTSE 100 snapping a six-day losing streak, as investors digested the latest developments from the crisis in Ukraine and held their nerve.<br /><br />"It was a case of sell the rumour, buy the fact for financial markets 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 /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Persimmon</strong>, up 4.7%. The housebuilder's share price has jumped following c Read More
LONDON (Alliance News) - UK and European stocks are making gains Monday, while the price of gold has eased slightly from its six-month high, as global markets appear to take the expected result from a referendum in Crimea in their stride. By mid-day Monday the FTSE 100 is up 0.4% at 6,555.9 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG CUTS SSE PRICE TARGET TO 1320 (1570) PENCE - 'HOLD' <br />----------<br />BERENBERG CUTS REED ELSEVIER TO 'HOLD' ('BUY Read More
LONDON (Alliance News) - Shares have opened higher Monday despite the Crimea voting at the weekend to join Russia.<br /><br /><strong>Vodafone</strong> confirmed Monday it will acquire Grupo Corporative Ono for EUR7.2 billion, bringing the UK mobile phone giant a fibre network that connects 7. Read More
LONDON (Alliance News) - The FTSE 100 suffered its worst weekly performance in nine months, while gold has risen to a six-month high, as investors de-risked their portfolios ahead of a weekend that is likely to see more tensions among Russia, Ukraine, and the West.<br /><br />The FTSE 100 clos Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>J Sainsbury</strong>, up 3.2%, and <strong>Tesco</strong>, up 0.9%. The food retai Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS G4S PRICE TARGET TO 280 (290) PENCE - 'BUY' <br />----------<br />GOLDMAN RAISES PRUDENTIAL PRICE TARGET TO 1600 Read More
LONDON (Alliance News) - Shares have opened lower Friday on geopolitical worries ahead of the weekend, despite some good news for UK companies. <br /><br />The US government on Thursday decided to lift the ban on <strong>BP</strong> from federal government contracts imposed after the Deepwater Read More
LONDON (Alliance News) - The UK's blue-chip index ended the day in the red for the fifth consecutive day Thursday, with about GBP2.4 billion combined wiped off the values of the big three listed supermarkets after a terrible report from Wm Morrision Supermarkets. Morrisons announced a raft 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>Barclays</strong>, up 2.7%. Numis has upgraded the bank to Add from Hold, increa Read More
LONDON (Alliance News) - Supermarkets are heavily underperforming within UK stocks Thursday after Morrisons joined the race to slash costs and cut prices, while European markets as a whole are trading mixed, lacking any clear direction after Wednesday's heavy falls. By mid-morning Thursday Read More
LONDON (Alliance News) - Britain's biggest supermarket chain Tesco PLC is said to have held senior level discussions about replacing Laurie McIlwee as finance director, Sky News reported on Sunday. McIlwee, who has served as the group's chief financial officer since 2009, could leave the co Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market Read More
LONDON (Alliance News) - WM Morrison Supermarkets PLC is expected this week to announce price cuts and GBP500 million of property sales to combat discount rivals such as Aldi and ease shareholder worries, according to the The Sunday Times. The major British supermarket is poised to go a ste Read More
LONDON (Alliance News) - Tesco PLC Monday said that the trustees of its "Plan" had bought shares for Chief Executive Officer Philip Clarke, Chief Information Officer Mike McNamara, and a group of other managers, under the Partnership Share Scheme at a price of 329.17 pence per share Friday.<br Read More
LONDON (Alliance News) - UK stock indices opened lower Wednesday and never recovered. While a busy day of corporate news provided some stand-out movers, a number of stocks going ex-dividend provided a drag, while a small downgrade to the UK's 2013 GDP numbers appeared to keep overall sentiment ne Read More
LONDON (Alliance News) - ITV reported higher profits and revenues for 2013 and gave a bullish outlook for 2014, but has seen its shares punished Wednesday after it failed to increase its special dividend. The television company raised its total dividend for 2013 to 3.5 pence, from 2.6 pence Read More