LONDON (Alliance News) - <strong>BP</strong> Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s Read More
LONDON (Alliance News) - British Land PLC said Tuesday it has sold two retail parks in Dumbarton and Cwmbran for GBP78 million. St James Retail Park in Dumbarton has been sold to The Legal & General Property Unit Trust for GBP45.75 million, representing a net initial yield of 5.9%. Cw Read More
LONDON (Alliance News) - Shares have opened higher Tuesday following positive leads from US and Asian markets and amid a slew of FTSE 100 and FTSE 250 company trading updates.<br /><br /><strong>St. James's Place</strong> has reported a surge in funds under management in the first quarter and Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS DIAGEO TO 'NEUTRAL' ('OUTPERFORM) - PRICE TARGET 1950 (2200) PENCE <br />----------<br />BERENBERG RAISES SHI Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> is once again leading UK blue chips higher Monday, after US drugs giant Pfizer Inc confirmed that it has now twice approached its British peer with a takeover proposal, most recently on Saturday. Pfizer said it is still considering its opti Read More
LONDON (Alliance News) - British Land Company PLC Tuesday said a group of executives including Chief Executive Chris Grigg and Finance Director Lucinda Bell bought shares under the company share plan Monday.<br /><br />Details are as follows.<br /><br /> <table class="ae" cellspacing="0" ce Read More
LONDON (Alliance News) - British Land Company PLC Monday said Senior Independent Director Andrew Turnbull was allotted 376 shares, while Dido Harding and William Jackson, both non-executive directors, were allotted 542 and 1,304 shares, respectively, at 664.7016 pence per share pursuant to their Read More
LONDON (Alliance News) - Europe's largest home improvement retailer <strong>Kingfisher</strong> saw its shares rise Thursday after saying it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage for an overall enterprise vale of around EUR275 million.<br />< Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Tullow Oil</strong>, up 4.9%. UBS has upgraded Tullow to Buy from Neutral. Following a sharp fall Read More
LONDON (Alliance News) - British Land Company PLC Thursday said it has signed a new financing deal with a syndicate of 14 banks for GBP785.0 million. The unsecured revolving credit facility has a maturity of five years which may be extended to a maximum of seven years, on British Land's req Read More
LONDON (Alliance News) - Stocks in the UK and Europe have closed modestly higher Wednesday, while those in the US also trade just slightly higher, despite an improving trend of US economic data, as markets appear to enter wait-and-see mode ahead of the European Central Bank meeting on Thursday Read More
LONDON (Alliance News) - UK stock are holding onto small gains Wednesday, amid data that shows the UK construction industry continuing to boom, while in Europe there has been a further fall in producer prices ahead of the European Central Bank meeting Thursday. By mid-morning Wednesday the 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
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
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