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
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