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
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