LONDON (Alliance News) -Shares have opened mostly flat Wednesday ahead of UK jobs figures and budget statement.<br /><br />Shares of FTSE 100 engineering firm <strong>Smiths Group</strong> were down 4.0% at the open, as it reported lower pretax profit due to the company's Medical and Defence b Read More
LONDON (Alliance News) - British lender Barclays PLC plans to solicit offers for its index business that could fetch USD400 million in a sale, Bloomberg reported Tuesday, citing people with knowledge of the matter. According to the Bloomberg report, CME Group Inc., which had approached Barc Read More
LONDON (Alliance News) - <strong>J Sainsbury</strong> PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti Read More
LONDON (Alliance News) - Barclays PLC Tuesday said it is handing out GBP31.8 million in shares to twelve of its top staff, including Chief Executive Antony Jenkins and Finance Director Tushar Morzaria.<br /><br />Jenkins is receiving 1.6 million shares, valued at about GBP3.8 million before ta Read More
(An item published 1005 GMT misstated the number of smart meters deployed and added to the portfolio. The correct version follows.) LONDON (Alliance News) - Smart Metering Systems PLC Monday reported an increase in profit and revenue for the full year, with progress by both of its main busi Read More
LONDON (Alliance News) - Barclays PLC Monday said Skip McGee, a divisional chief executive bought 63 American Depositary Shares at a price of at a price of USD15.77935 each Thursday under the company share plan. Shares in the financial services company were up 0.1% at 231.25 pence Monday.</ Read More
LONDON (Alliance News) - Smart Metering Systems PLC Monday reported an increase in profit and revenue for the full year, with progress by both of its main businesses. AIM-listed Smart Metering posted pretax profit of GBP7.5 million for 2013, up from GBP5.2 million in 2012, as revenue rose 3 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS G4S PRICE TARGET TO 280 (290) PENCE - 'BUY' <br />----------<br />GOLDMAN RAISES PRUDENTIAL PRICE TARGET TO 1600 Read More
LONDON (Alliance News) - Supermarkets are heavily underperforming within UK stocks Thursday after Morrisons joined the race to slash costs and cut prices, while European markets as a whole are trading mixed, lacking any clear direction after Wednesday's heavy falls. By mid-morning Thursday Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES AB FOODS PRICE TARGET TO 1820 (1750) PENCE - 'SELL' <br />----------<br />GOLDMAN CUTS G4S PRICE TARGET TO 175 Read More
(An item published at 1145 GMT mistated the year-earlier period in the Fenner summary and the revenue figures in the Inchcape summary. The correct version follows:) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tues 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 2.5%. The sports goods retailer said it Read More
LONDON (Alliance News) - UK stocks are marginally lower Tuesday, as UK economic data comes in on the soft side and Bank of England Governor Mark Carney and three other members of the Monetary Policy Committee face questions from the Treasury Select Committee. By mid-morning Tuesday, the FTS Read More
LONDON (Alliance News) - Barclays PLC Wednesday revealed that it will increase fixed pay because it needs to remain competitive outside the UK amid new EU rules that put a cap on bonuses. In its annual report Barclays said it will pay Chief Executive Antony Jenkins, "role based pay" of GBP9 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY RAISES WEIR PRICE TARGET TO 2250 (2040) PENCE - 'EQUAL-WEIGHT' <br />----------<br />UBS RAISES WEIR GROUP PRIC Read More
LONDON (Alliance News) - The FTSE 100 has recorded its highest closing price since 1999. Although opening lower, some positive European data and a strong start to equities trading in the US gave London's leading index a boost, sending the FTSE 100 higher for the seventh consecutive day, recording Read More
LONDON (Alliance News) - Barclays Investment Bank Chairman, Hans-Joerg Rudloff is retiring at the age of 73, reports the Wall Street Journal. As one of the longest-standing investment bankers in Europe, Rudloff has held his current position since 1998. The information was leaked from Read More
LONDON (Alliance News) - UK stocks have struggled to get off the ground Wednesday, closing broadly unchanged despite some impressive individual stock performances. The FTSE 100 initially opened higher, continuing a rally that has seen the index retrace most of January's losses. However, after bre Read More