LONDON (Alliance News) - Tesco PLC fired the opening salvo in a new supermarket price war Tuesday as it announced a multimillion-pound investment in price cuts, but big rival Asda immediately hit back, The Times reports Wednesday. Britain?s biggest supermarket was also forced to concede pub Read More
LONDON (Alliance News) - Stocks across the UK and Europe continue to trade firmly lower Tuesday, with the US markets looking set to offer little positivity at the opening bell. On Monday US stocks opened strongly, the S&P500 rallied to an all time intraday high, and boosted the FTSE 100 to its hi Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES VODAFONE PRICE TARGET TO 275 (260) PENCE - 'BUY' <br />----------<br />UBS CUTS SMITHS GROUP TO 'SELL' ('NEUTRAL') - Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year. Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services Read More
LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite <strong>Anglo American</strong> and <strong>Coca Cola HBC</strong> both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down Read More
LONDON (Alliance News) - Tesco has deactivated some customers' net accounts after their login names and passwords were shared online, the BBC reported Friday. The list of more than 2,000 Tesco.com accounts was posted to a popular text-sharing site on Thursday, the BBC said, quoting the supe Read More
LONDON (Alliance News) - UK stocks indices have closed flat Wednesday at the end of a relatively subdued session for equities. Meanwhile the pound made its strongest gains of the year against both the dollar and the euro after the Bank of England increased its economic growth forecasts for UK.</p Read More
LONDON (Alliance News) - UK stocks trade mixed Wednesday morning. A positive night in Asia, driven by unexpectedly strong trade growth in China, led to a mildly positive start in London. However, with no additional drivers for the market since, all eyes are on Bank of England Governor Mark Carney Read More
LONDON (Alliance News) - The UK's main stock indices closed higher Tuesday, with both the FTSE 100 and FTSE 250 closing up for a fifth consecutive day, as Federal Reserve Chair Janet Yellen suggested the central bank will continue to taper its quantitative easing programme in coming months. <p Read More
LONDON (Alliance News) - Tesco PLC Tuesday said Managing Director Chris Bush exercised options and sold shares Monday.<br /><br />Details are outlined below.<br /><br /> <table class="af" cellspacing="0" cellpadding="0"><tbody><tr><td class="s" style="width: 81px;" valign="top"><p class="ab Read More
LONDON (Alliance News) - Tesco PLC said its General Counsel Adrian Morris exercised nil-cost options over 79,307 shares on Tuesday. The market price of the shares at the time of exercise was 313.975 pence. Tesco shares closed up 0.3% at 314.937 pence Wednesday. By Tom McIvor; to Read More
LONDON (Alliance News) - Tesco PLC Tuesday said Chief Executive Officer Philip Clarke, Chief Information Officer Mike McNamara, and a group of other managers exercised options under the company share plan at a price of 311 pence per share Monday and retained the resulting shares.<br /><br />De Read More
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LONDON (Alliance News) - Discount retailer B&M is preparing for a stock market flotation that could value it at GBP2 billion, the Guardian newspaper reported Sunday. The retailer, which was founded by Malcolm Billington and originally stood for Billington & Mayman, was set up in Blackpool i Read More
LONDON (Alliance News) - J Sainsbury PLC Wednesday said Chief Executive Officer Justin King will step down in July after 10 years at the helm and will be succeeded by Mike Coupe, currently the group's commercial director. The supermarket chain said King will stand down at the company's annu Read More
LONDON (Alliance News) - ARM Holdings PLC said Monday that Non-Executive Chairman John Buchanan is stepping down due to a medical condition. He will be succeeded by Stuart Chambers, currently chairman of FTSE 100 packaging company Rexam PLC. Chambers also currently serves a non-executive d Read More
LONDON (Alliance News) - Tesco PLC Thursday said Acquistition Executive Steve Rigby exercised options under the company share plan and sold the shares Wednesday.<br /><br />Details are as follows.<br /><br /> <table class="z" cellspacing="0" cellpadding="0"><tbody><tr><td class="r" style="w Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN CUTS TESCO PRICE TARGET TO 285 (320) PENCE - 'SELL' <br />----------<br />JPMORGAN RAISES NATIONAL GRID PRICE TARGET T Read More
LONDON (Alliance News) - Both the FTSE 100 and the FTSE 250 closed slightly higher Monday, despite being weighed upon by banking stocks, which fell in the aftermath of disappointing results from German lender Deutsche Bank. Meanwhile, trading volumes were low as Wall Street is closed for th Read More