LONDON (Alliance News) - UK stocks are lower Monday as investors express concern over some weaker-than-expected Chinese house price data, while the FTSE 100 index is losing lustre as the possibility of big merger and acquisition activity fades. By mid-morning Monday the FTSE 100 is down 0.7 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTERCONTINENTAL HOTELS PRICE TARGET TO 2410 (2180) PENCE - 'BUY' <br />----------<br />BERENBERG RAISES RSA INSU Read More
LONDON (Alliance News) - UK shares have opened starkly mixed Monday, with the FTSE 100 dragged down by <strong>AstraZeneca</strong>, while the mid-cap FTSE 250 is higher.<br /><br />AstraZeneca, down 13% at the open, rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially Read More
LONDON (Alliance News) - AstraZeneca PLC Monday rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially ending the US company's interest in its British rival for the time being after Pfizer pledged not to go direct to AstraZeneca's shareholders with a hostile offer. Pf Read More
LONDON (Alliance News) - UK stocks are set to open flat to fractionally higher Monday, following a modestly higher close on Wall Street Friday, but with a dearth of macro-economic data scheduled to be released, investors may focus on an early-morning flurry of UK corporate news. US stocks e Read More
LONDON (Alliance News) - AstraZeneca PLC is preparing to reject a GBP69 billion takeover bid by rival drugmaker Pfizer just hours after its US suitor said it would walk away if its offer were rebuffed, putting into doubt a deal that would be the largest foreign takeover of a UK company, the Finan Read More
New York (Alliance News) - US pharmaceutical firm Pfizer Inc is mounting another attempt to take over British competitor AstraZeneca PLC, the company said Sunday. A bid of 117 billion dollars is the final offer, Pfizer said, after previous offers had been rejected by AstraZeneca management. Read More
LONDON (Alliance News) - Shares in <strong>Carphone Warehouse</strong> Group and <strong>Dixons Retail</strong> took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods. <br /><br />The new firm, 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>London Stock Exchange</strong> Group, up 2.4%. The group said its full-year revenue r Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Electronics retailer <strong>Dixons Retail</strong> PLC and mobile phone retailer <strong>Carphone Warehouse</strong> Group PLC said they have Read More
LONDON (Alliance News) - Shares have opened marginally higher in London Thursday amid a flurry of UK corporate news and European economic statistics.<br /><br />Electronics retailer <strong>Dixons Retail</strong> and mobile phone retailer <strong>Carphone Warehouse</strong> confirmed they will Read More
LONDON (Alliance News) - AstraZeneca PLC said Thursday that it will be presenting over 40 scientific abstracts to "demonstrate the rapid progression of its oncology pipeline" at the 50th Annual Meeting of the American Society of Clinical Ongology at the end of May. It will present data from Read More
LONDON (Alliance News) - Ligand Pharmaceuticals Inc Wednesday said it has signed a research and licensing agreement with AstraZeneca PLC's unit Omthera Pharmaceuticals, Inc. to develop products for treatment of dyslipidemia - a condition resulting from abnormal amount of lipids in the blood, as w Read More
LONDON (Alliance News) - Chief Executive of US drugs maker Pfizer Ian Read hit back at suggestions that a potential takeover of FTSE 100 listed AstraZeneca PLC could lead to delays in its products Wednesday, as the two companies faced a second day of hearings with UK politicians. Read and A Read More
LONDON (Alliance News) - <strong>ITV</strong> said Wednesday that first quarter revenue rose thanks to a continued recovery in advertising revenue, and said it expects to get a further boost from its coverage of the football World Cup in June as well as the launch of new TV channels.<br /><br Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br /><br />UK television company <strong>ITV PLC</strong> reported higher revenue for the first quarter of 2014 thanks to a continued recovery in advertising revenu Read More
LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.<br /><br />The blue-chip index is being weighed down by broadcaster <strong>ITV</strong>, whos Read More
LONDON (Alliance News) - British drugs giant AstraZeneca PLC, the subject of a GBP63 billion takeover approach from US rival Pfizer Inc, Wednesday said its MedImmune biologics arm would collaborate with Incyte Corp on an early-stage cancer treatment trial using a combination of the two companies' Read More
LONDON (Alliance News) - The FTSE 100 reached a fourteen-year high Tuesday as a dearth of fresh headlines out of Ukraine allowed investors to contemplate the potential for further monetary easing by central banks in China and Europe.<br /><br />Weak Chinese industrial production and retail sal Read More
LONDON (Alliance News) - UK pharmaceutical giant AstraZeneca PLC rejected Pfizer Inc's GBP63 billion approach again on Tuesday, calling it "opportunistic", but the company left the door open for an improved approach from its US rival. As UK politicians grilled executives of both companies a Read More