LONDON (Alliance News) - UK stocks closed mixed Friday, with the FTSE 100 outperforming its smaller index peers, but the FTSE 250 fell sharply for a second consecutive session, and a third in total, after another busy day of reporting by its constituents.<br /><br />The mid-cap index had its w Read More
LONDON (Alliance News) - Babcock International Group PLC said Friday it has completed the acquisition of Avincis, a provider of helicopter and fixed wing services. Babcock has acquired the business in order to create a strong platform for future growth and enhance value for shareholders, em Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES CAPITA GROUP PRICE TARGET TO 1160 (1060) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES CAPITA GRO Read More
LONDON (Alliance News) - Speedy Hire PLC Tuesday reported a drop in profit for its recent full year, as the company tries to rebound from accounting irregularities it discovered in its international unit last autumn. The company, which provides equipment such as saws to construction firms, Read More
LONDON (Alliance News) - Mid-cap stocks are leading London equities higher at the open Tuesday, following a strong lead in from the US and Asia, particularly Tokyo.<br /><br /><strong>Taylor Wimpey</strong> is leading the mid-cap FTSE 250, up 5.7%, after saying it expects to deliver a big incr Read More
LONDON (Alliance News) -<strong> British Sky Broadcasting</strong> confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.<br /><br />Bloomberg, citing people familiar with the matter, reported that talks about the pot Read More
LONDON (Alliance News) - Construction firm Carillion PLC and engineering-support services firm Babcock International Group PLC on Monday said they had been selected as preferred bidders by Network Rail for its GBP25 billion investment programme to upgrade the UK's ageing railway lines. Cari Read More
LONDON (Alliance News) - UK shares have opened cautiously higher Monday, amid a lack of economic data and with a wary eye on developments in Ukraine.<br /><br /><strong>BSkyB</strong> confirmed press reports that has approached its major shareholder 21st Century Fox about buying Sky Deutschlan Read More
LONDON (Alliance News) - Babcock International Group PLC Wednesday said the GBP1.10 billion rights issue it launched to finance the acquisition of helicopter company Avincis Group had a 96.62% acceptance rate among shareholders. In a statement, Babcock said it received acceptances for 134.6 Read More
LONDON (Alliance News) - Babcock International Group PLC Wednesday said a group of executives, including Chief Executive Peter Rogers and Finance Director William Tame, acquired shares pursuant to the company's 5 for 13 rights issue at 790 pence per new share March 27.<br /><br />Details are a Read More
LONDON (Alliance News) - Construction giant Costain Group PLC Wednesday said it has made a strong start to 2014 and is performing in line with expectations, following a number of contract wins. In an interim management statement for the period January 1 to date, the engineering and construc Read More
LONDON (Alliance News) - Babcock International Group PLC Thursday said Kevin Thomas, a divisional chief executive sold 2,741 shares at a price of GBP4.10 per share Tuesday. Shares in the construction company were flat at 1,197.00 pence Thursday afternoon. By Arvind Bhunjun; arvindbhun Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- RSA Insurance Group, up 2.3%. The insurer said it has sold its operations in the Baltics and Poland for GBP30 Read More
LONDON (Alliance News) -The FTSE 100 closed higher Tuesday, as positive US sentiment driven by comments from Federal Reserve Chair Janet Yellen suggesting the US economy will be supported for some time to come rolled through most of Asia and into the European session.<br /><br />Meanwhile, the Read More
LONDON (Alliance News) - <strong>Weir Group</strong>'s takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesday, with <strong>GKN</strong> acquiring the William's Formula 1 team parent's hybrid engine unit and <strong>Capita</strong> bo Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Aberdeen Asset Management</strong>, up 6.1%. The asset manager estimates net outflows slowed to ap Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />The <strong>Weir Group</strong> PLC and Finland's Metso Oyj confirmed that Glasgow-based Weir has made an unsolicited proposal to Metso for a me Read More
LONDON (Alliance News) - Major stocks indices are higher across the UK and Europe Tuesday, while the pound as dipped against the dollar following a weaker-than-expected reading of the UK manufacturing industry. The FTSE 100 is up 0.4% at 6,627.10, the FTSE 250 is up 0.4 at 16,338.62, while Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTL AIRLINES GROUP (IAG) PRICE TARGET TO 430 (420) PENCE - 'NEUTRAL' <br />----------<br />BARCLAYS CUTS PRUDEN Read More
LONDON (Alliance News) - UK shares have opened mostly higher Tuesday, following through on a strong close in NY and dovish comments from the US Federal Reserve chair.<br /><br /><strong>Rathbone Brothers</strong> has made waves early Tuesday, announcing two major acquisitions and a share placi Read More