LONDON (Alliance News) - Engineering support services company Babcock International Group PLC Thursday said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustrial and Kohlberg Kravis Roberts & Co, funding it with a fully-underwritten GBP1.10 billion rights iss Read More
LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.<br /><br /><strong>Babcock International</strong> is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - Shares have opened lower Thursday, as markets around the world react to Fed Chair Janet Yellen's hint of an earlier-than-expected rise in US interest rates. The CEO of handbag firm <strong>Mulberry</strong> has stepped down after only two years in the job. <br /> Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RAISES LLOYDS TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 95 (84) PENCE <br />----------<br />SOCGEN RAISES LLOYDS PRICE TARGE Read More
LONDON (Alliance News) - Bank of England Governor Mark Carney Wednesday said the central bank still thinks interest rates will have to remain where there are for some time for come, as he changed the bank's trigger for discussing rate rises to the takeup of "spare capacity" in the economy rath Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Babcock International</strong> Group, up 2.4%. The company has confirmed its jo Read More
LONDON (Alliance News) - Costain Group PLC and Babcock International Group PLC Wednesday confirmed their joint venture, ABC Electrification Ltd, has been appointed by Network Rail as one of four suppliers to the GBP2 billion National Electrification programme, delivering electrification to more t Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning and Tuesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />S&P CAPITAL IQ CUTS BARCLAYS PRICE TARGET TO 310 (320) PENCE - 'BUY'<br />----------<br />UBS CUTS Read More
LONDON (Alliance News) - Costain Group PLC Wednesday confirmed its joint venture, ABC Electrification Ltd, has been appointed by Network Rail as one of four suppliers to the GBP2 billion National Electrification programme, delivering electrification to more than two thousand miles of the UK's rai Read More
LONDON (Alliance News) - The UK's main stock indices closed higher Tuesday, with both the FTSE 100 and FTSE 250 closing up for a fifth consecutive day, as Federal Reserve Chair Janet Yellen suggested the central bank will continue to taper its quantitative easing programme in coming months. <p Read More
(An item published at 1325 GMT mis-spelt the Fed Chair's surname in the title. The correct version follows.) LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances Read More
LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances from the retailers and miners.<br /><br />Retail stocks including <strong>Sports Direct International</strong>, <s 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 /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Sports Direct</strong> International, up 4.1%, and <strong>Marks and Spencer</str Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Barclays</strong> PLC said it is now targeting a higher leverage ratio after reaching its 3.0% target six months ahead of schedule. In t Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY CUTS BG GROUP TO 'EQUAL-WEIGHT' ('OVERWEIGHT') <br />----------<br />GOLDMAN CUTS GKN TO 'S Read More
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LONDON (Alliance News) - Babcock International Group PLC Tuesday said its bid pipeline has increased by GBP3.0 billion to GBP18.5 billion since the half-year end, making good on its promise at the time that "significant" long-term growth opportunities were being progressed. The engineering Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen. <br /><br /><strong>Barclays</strong> has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar Read More
LONDON (Alliance News) - UK stocks are expected to open higher Tuesday, continuing to make small gains in the absence of any top-tier economic data or other overall market drivers to change sentiment so far this week. That could be set to change with two central bank events ahead. The clear Read More