LONDON (Alliance News) - UK stocks closed firmly lower Tuesday, with the FTSE 100 more than reversing the modest gains it posted on Monday, as mounting tensions and military action in Ukraine again weighed on equity markets.<br /><br />London's major equity indices had spent much of the day tr Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS CUTS SAINSBURY PRICE TARGET TO 365 (410) PENCE - 'OVERWEIGHT' <br />----------<br />JEFFERIES CUTS TESCO PRICE TARGET Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN CUTS BT GROUP TO MARKET-PERFORM (OUTPERFORM) - TARGET 385 PENCE<br />----------<br />HSBC RAISES IMI TO OVERWEIGHT Read More
LONDON (Alliance News) - The chief executive of Chilean mining company Antofagasta PLC told Reuters on Monday that despite the market for copper facing its first supply glut in four years, the price of copper may have found a bottom. Chief Executive Diego Hernandez said the worst of the wor Read More
LONDON (Alliance News) - <strong>Marks and Spencer</strong> Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.<br /><br />M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin 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 />FTSE 100 - WINNERS<br /><br /><strong>Marks and Spencer</strong> Group, up 2.4%. The retailer has announced that it is planning to ope Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />---------- <strong>BP</strong> PLC announced it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-20 Read More
LONDON (Alliance News) - John Wood Group PLC Wednesday said it has been awarded an engineering, procurement and construction services contract at the Gippsland Basin Joint Venture's projects in Victoria, Australia. The oil and gas engineering company said the contract, which is effective fr Read More
LONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.<br /><br />Goldman Sachs has added <strong>Go-Ahead</strong> Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp Read More
MELBOURNE (Alliance News) - Anglo-Australian mining giant BHP Billiton Wednesday said the company expects global growth in demand for both energy and metallurgical coal over the coming decades, with productivity key to generating acceptable returns. While discussing the global outlook for c 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) - BHP Billiton PLC Tuesday said it is mulling an overhaul of its operating portfolio to focus on up to five commodities, after media reports that the company is considering a AUD20 billion demerger of non-core assets. The global mining company is being advised on opt Read More
LONDON (Alliance News) - Glencore Xstrata PLC said Thursday it is planning to suspend operations at its Ravensworth underground coal mine in Australia, after a major fall in coal market prices. A spokesman for the miner said it was no longer financially viable to operate the mine due to low Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More