LONDON (Alliance News) - The European Central Bank finally moved Thursday to cut interest rates and prompt banks to lend more in an effort to stave off the threat of deflation, lifting stock markets in Europe.<br /><br />However, UK stock indices lost the gains they made in the wake of the ECB Read More
LONDON (Alliance News) - European stocks have risen, while the euro has lost further ground, after the European Central Bank on Thursday became the first major official lender to introduce negative interest rates, a move it unveiled along with a raft of other measures aimed at boosting economic g Read More
LONDON (Alliance News) - The European Central Bank on Thursday cut its key interest rate to a record low and embraced a negative deposit rate, the first for a leading central bank, as it tries to fight the low inflation that is threatening to derail the euro area's fragile economic recovery.<b Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />UK pharmaceutical giant<strong> GlaxoSmithKline</strong> PLC has agreed to a USD105 million settlement covering 44 US states over allegations t Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Smith & Nephew</strong>, up 5.1%. Hot on the heels of Stryker Corp denying plans Read More
LONDON (Alliance News) - The UK's leading share indices are trading slightly lower Thursday, while major European indices, along with the euro, are barely moved ahead of the all-important policy announcement from the European Central Bank at 1245 BST. By mid-morning Thursday the FTSE 100 is Read More
LONDON (Alliance News) - Online fashion retailer ASOS PLC Thursday lowered its profit guidance for the current financial year and next year, after saying it was hit by heavy discounting and sterling strength, which it said took a big chunk out of its international business. ASOS shares drop Read More
LONDON (Alliance News) - <strong>ASOS</strong> is dragging down the AIM All-Share Index at the open Thursday after lowering its profit guidance. The online fashion retailer, by far the biggest AIM stock by market capitalisation, dropped 40% at the open and was down 34% a half hour into trading Read More
LONDON (Alliance News) - Online fashion retailer ASOS PLC Thursday lowered its profit guidance for the current financial year and next year, after saying it was hit by heavy discounting and sterling strength, which it said hit sales in its international business. ASOS shares dropped 40% on Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />HSBC RAISES IMI PRICE TARGET TO 1,800 (1,750) PENCE - 'OVERWEIGHT' <br />----------<br />HSBC RAISES RSA INSURANCE PRICE TARGE Read More
LONDON (Alliance News) - UK shares have opened higher across the board Thursday, after latest indications from US Federal Reserve policy makers left little concern about an imminent rate increase.<br /><br />A flurry of IPO plans were confirmed early Thursday, led by property site<strong> Zoop Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: GOLDMAN CUTS VODAFONE TO 'NEUTRAL' ('BUY') <br />----------<br />UBS CUTS VODAFONE PRICE TARGET TO 255 (275) PENCE - Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS RAISES INTERCONTINENTAL HOTELS PT TO 2100 (1900) PENCE - 'EQUAL WEIGHT <br />----------<br />CREDIT SUISSE RAISES IN Read More
LONDON (Alliance News) - Shares have opened lower Wednesday amid continued concerns about the deteriorating situation in Ukraine and some disappointing data from China and Europe.<br /><br />In his last annual results presentation as <strong>Sainsbury's</strong> chief executive, Justin King re Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS WILLIAM HILL TO 'HOLD' ('BUY') <br />----------<br />GOLDMAN CUTS IMPERIAL TOBACCO TO 'BUY' ('CONVICTION BUY LI Read More