LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Brokerage<strong> ICAP</strong> PLC could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it sa Read More
LONDON (Alliance News) - British supermarket chain Tesco PLC said Tuesday that Tesco Bank has launched its first current account. Tesco Bank was created as a joint venture with Royal Bank of Scotland Group PLC in 1997 and has been wholly owned by Tesco since December 2008. It serves six mil Read More
LONDON (Alliance News) - Clipper Logistics PLC said Monday it has been awarded a five-year contract extension with Tesco PLC which will include the development of additional services to support the growth of the retailer's online clothing business. Clipper Logistics, a value-added logistics Read More
LONDON (Alliance News) - UK-based supermarket chain Tesco PLC Thursday said a group of managers were allotted shares as part of an annual bonus under the company share plan at a price of 293.475 pence per share Wednesday.<br /><br />Details are as follows. <table class="ag" cellspacing="0" Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM INITIATES SCHRODERS WITH 'BUY' - TARGET 2,879 PENCE <br />----------<br />NOMURA CUTS SAINSBURY PRICE TARGET TO 285 (3 Read More
LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 at its lowest closing level in over a week, as investors continued to exercise caution ahead of Thursday's central bank meetings and Friday's monthly US jobs report.<br /><br />The listed UK supermarkets were among th Read More
LONDON (Alliance News) - <strong>Tesco</strong> Wednesday reported a sharp drop in sales in the first quarter of its financial year, as Britain's biggest supermarket chain said it was hit hard by deep price cuts across the business and by the acceleration of its store refit programme, while wa 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>Smith & Nephew</strong>, up 1.8%. The medical technology company is once again t Read More
LONDON (Alliance News) - UK stocks are trading mixed Wednesday, as investors remain wary ahead of major risk events still to come this week, in the form of the European Central Bank policy decision on Thursday and the US jobs report on Friday. By mid-morning Wednesday, the FTSE 100 is down Read More
LONDON (Alliance News) - Tesco PLC reported Wednesday a sharp drop in sales in the first quarter of its new financial year, as Britain's biggest supermarket chain said it was hit hard by deep price cuts across the business and by the acceleration of its store refit programme, while warning of mor Read More
LONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.<br /><br />Starting the trading day on a negative note, <strong>Tesco</strong> PLC reported a sharp drop in sales in the Read More
LONDON (Alliance News) - UK stocks are set to open broadly flat Wednesday following a disappointing session for US equities on Tuesday as well as for Asian markets overnight, and ahead of the Queen's Speech and UK service sector PMI data later in the morning. US markets broke their recent w Read More
LONDON (Alliance News) - Stocks across the UK and Europe slipped lower Tuesday amid a busy day of macroeconomic data that leaves the focus squarely on the European Central Bank's upcoming policy announcement on Thursday. European markets failed to take a lead from a broadly positive Asian s Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from heavy discounters Aldi and Lidl, new data showed Tuesday, and the price war that has ensued as the big chains try to win back customers means the broader market is growing at the slowest rate for more Read More
LONDON (Alliance News) - <strong>Wolseley</strong> is the biggest gainer on the FTSE 100 Tuesday after the plumbing and heating products distributor reported higher trading profit for its fiscal third quarter, driven by strong growth in the US and Nordic countries.<br /><br />However, adverse Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from the heavy supermarket discounters Aldi and Lidl, while a slowdown in the UK grocery market hit its lowest level for more than 11 years, as the supermarket price war and the "pricing race to the bottom 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>Wolseley</strong>, up 2.7%. The plumbing and heating products distributor is one of ju Read More
LONDON (Alliance News) - Stocks are are broadly lower across the UK and Europe Tuesday, amid a busy morning of economic data that looks like to pile pressure on European Central Bank President Mario Draghi to take action at a highly anticipated policy meeting on Thursday. Eurozone consumer Read More