LONDON (Alliance News) - US drugmaker Pfizer Inc on Monday abandoned its pursuit to buy AstraZeneca PLC, saying it does not plan to make an offer for the British drugmaker following the rejection of its final proposal last week. In a statement released Monday, Ian Read, Chairman and Chief E Read More
LONDON (Alliance News) -<strong> Barclays</strong> was Friday fined GBP26.0 million by UK regulators for failings surrounding the London Gold Fixing, while one of its former traders has been banned for trying to influence the price-setting process just one day after the bank was fined for its Read More
LONDON (Alliance News) - Hutchison China MediTech Ltd Friday said its research and development company Hutchison MediPharma Ltd and pharmaceuticals firm AstraZeneca PLC have initiated a global phase II study to evaluate the efficacy and safety of AZD6094, Hutchison's potent and highly selective c Read More
LONDON (Alliance News) - UK shares have opened mixed Friday, with mid- and small caps posting small gains while the FTSE 100 has started lower.<br /><br /><strong>Smiths Group</strong> and <strong>Tullow Oil</strong> are depressing the blue-chip index, as Smiths warned about the results of one Read More
LONDON (Alliance News) - Big shareholders in AstraZeneca PLC have told the UK drugmaker they want the board to reopen takeover talks with Pfizer as early as August, after accepting that a deal is unlikely to be agreed with its US rival before Monday?s bid deadline, the Financial Times reports.</p 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>Petrofac</strong>, up 1.8%, and <strong>AstraZeneca</strong>, up 1.6%. The companies Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CITIGROUP RAISES RSA INSURANCE PRICE TARGET TO 501 (480) PENCE - 'NEUTRAL' <br />----------<br />BERENBERG CUTS BABCOCK INTER 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>Carnival</strong>, up 4.3%. The world's largest cruise ship operator said Tuesday that Read More
LONDON (Alliance News) - US drugs giant Pfizer Inc Tuesday confirmed that its current takeover approach to British rival AstraZeneca was effectively over having had its "final" proposal rejected Monday, as under UK takeover rules it will only be able to make another offer in limited circumstances Read More
LONDON (Alliance News) - UK stocks are trading mixed Tuesday, with the the FTSE 100 being held back by some if its biggest constituents for the second consecutive day, while the the pound has jumped to a four-day high against the dollar after UK inflation data showed prices rising faster than exp Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />PANMURE RAISES RSA INSURANCE PRICE TARGET TO 485 (425) PENCE - 'HOLD' <br />----------<br />UBS RAISES WEIR GROUP PRICE TARGET Read More
LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with <strong>RSA Insurance</strong>, <strong>London Stock Exchange</strong>, <strong>Wolseley</strong>, <strong>RPS</strong>, <strong>Cobham</strong> and others all making pre-market announcements Read More
LONDON (Alliance News) - UK stocks got off to a bad start Monday and never fully recovered after a further softening in Chinese house prices brought concerns over slowing growth in the world's second largest economy to the fore, while the reduced chance of some heavyweight merger and acquisiti Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> 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.<br /><br />Pfizer has pledged not to go direct to AstraZeneca's shareholders with Read More
LONDON (Alliance News) - US stocks are set to open modestly lower Monday, as investors digest some weak housing data from China, but with no US macro economic data due to be released and a quiet day expected in the corporate calendar, trading may remain within tight ranges. In data released Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>AstraZeneca</strong> PLC rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially ending the US company's interest i Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>EasyJet</strong>, up 1.5%, and International Consolidated Airlines Group, up 0.7%. The Read More
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