LONDON (Alliance News) - Barclays PLC Tuesday reported a decline in first-quarter adjusted pretax profit as it was hit by a slump in the performance of its investment bank, just two days before Chief Executive Antony Jenkins is due to present a strategic update revamping the underperforming divis Read More
LONDON (Alliance News) - US stocks are set to open flat to modestly higher Tuesday, extending the small gains posted on Monday, but with the threat of escalating tensions in Ukraine and a lack of top-tier US macro economic data, equity indices may remain within tight ranges.<br /><br />US equi Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugs company<strong> AstraZeneca</strong> PLC set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urgi Read More
(Correcting AstraZeneca made its statement on Tuesday.) 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>Persimmon</strong>, up 3 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>Persimmon</strong>, up 3.6%, and <strong>Barratt Developments</strong>, up 1.8%. The h Read More
LONDON (Alliance News) - UK stocks are trading slightly lower Tuesday with a number of individual movers weighing on indices, while the pound has continued its recent strong run as data shows the UK service industry expanding faster-than-expected. By mid-morning Tuesday the FTSE 100 is down Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: NUMIS RAISES MELROSE INDUSTRIES TO 'HOLD' ('REDUCE') <br />----------<br />TRADERS: SOCGEN RAISES RBS PRICE TARGET TO Read More
LONDON (Alliance News) - UK shares have opened marginally higher Tuesday despite growing tensions in Ukraine but following a modestly positive lead from Wall Street on Monday.<br /><br />Several major UK companies have provided quarterly updates early Tuesday.<br /><br /><strong>Barclays</stro Read More
LONDON (Alliance News) - Barclays PLC Tuesday reported a decline in first-quarter adjusted pretax profit as it was hurt by a slump in the performance of its investment bank, just two days before Chief Executive Antony Jenkins is due to present a strategic update revamping the underperforming divi Read More
LONDON (Alliance News) - UK stocks are expected to open marginally higher Tuesday as UK market participants return from the Bank Holiday weekend ahead of a raft of services purchasing managers' index data from the UK and across the euro area. However, focus also will be on Ukraine, where te Read More
LONDON (Alliance News) - The FTSE 100 ended modestly higher Friday ahead of a holiday weekend, having closed in positive territory every day this week. Throughout the week, the blue-chip index has been boosted by strong performances in turn by some of its key individual constituents, and Fr Read More
LONDON (Alliance News) - UBS said that it has appointed Ros Stephenson as Global Chairman of Corporate Client Solutions or CCS and the Head of CCS Americas. Ros will join as a Group Managing Director and report to Andrea Orcel, CEO of UBS Investment Bank. Ros will be based in New York and b Read More
LONDON (Alliance News) - London's major stock indices closed higher and the pound reached a fresh multi-year high against the dollar Thursday, as UK data showed the manufacturing sector expanding quickly and the housing market continuing to boom.<br /><br />The UK's main stock indices opened h Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> kicked off the first-quarter bank earnings season Thursday, reporting that its pretax profit dropped by a third to GBP1.37 billion after last year was buoyed by gains on the sale of government securities.<br /><br />However, its un Read More
LONDON (Alliance News) - UK stock indices are modestly higher Thursday, led by the banks as Lloyds says its underlying profitability is improving. At the same time the pound has pushed to fresh multi-year highs against the US dollar as data shows the UK manufacturing industry expanding fast Read More