LONDON (Alliance News) - BP PLC Tuesday announced an increased quarterly dividend despite pretax profit falling significantly in its first quarter, as lower revenues and a fall in other income hit the oil and gas major. BP said pretax profit fell 73% to USD5.27 billion for the three months 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) - UK stocks are set to open slightly higher Tuesday, adding to the modest gains posted on Monday, as investors await the latest reading of UK gross domestic product. The FTSE 100 closed modestly higher on Monday after it received a boost from pharmaceutical companies, Read More
LONDON (Alliance News) - The UK's blue-chip index closed modestly higher Monday, outperforming its smaller peers, after its sixth-largest constituent by market capitalisation, <strong>AstraZeneca</strong>, rose sharply after US drugs giant Pfizer Inc confirmed that it has now twice approached Read More
Kiev/Washington (Alliance News) - The US and the EU on Monday imposed a new round of sanctions against Russia as eastern Ukraine slipped further into chaos. The US Treasury Department blacklisted seven Russian officials and 17 companies who it linked to Russian President Vladimir Putin's in Read More
LONDON (Alliance News) - Planned US and EU sanctions against Russia as part of the ongoing Ukraine crisis could hit BP PLC, Royal Dutch Shell PLC and Centrica PLC as a result of their links to Rosneft OAO and Gazprom OAO. US President Obama confirmed on Monday in Manila that the US is "movi Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Pearson</strong>, up 3.8%. The publisher has maintained its full-year adjusted earnings Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />S&P CAPITAL IQ RAISES ASTRAZENECA PRICE TARGET TO 4460 (3800) PENCE - 'HOLD' <br />----------<br />BERNSTEIN RAISES ASTRAZEN Read More
LONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.<br /><br /><strong>William Hill</strong> said it will close 109 gaming shops in response to the UK government's hike to machine gaming duty, putting 420 employees at risk. William Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Anglo American</strong>, up 3.2%. The mining company said production has broadly incr Read More
LONDON (Alliance News) - <strong>Associated British Foods</strong> said Wednesday profit for the first half of the year increased, driven primarily by sales at its low-cost fashion retail chain Primark, which more than offset a substantial hit to its sugar business.<br /><br />The food, ingred Read More
LONDON (Alliance News) - UK shares are flat to higher Wednesday following a firm close in the US. <br /><br />Several UK blue-chips and mid-caps - including <strong>Reed Elsevier</strong>, <strong>ARM Holdings</strong> and <strong>MoneySupermarket.com</strong> - sought to provide reassurance a Read More
LONDON (Alliance News) - Oil giant BP PLC Tuesday said it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp, a privately-held independent oil and natural gas exploration and production company. The sale agreement includes all of BP's interest Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning: ---------- FTSE 100 ---------- UBS REMOVED SCHRODERS FROM LEAST PREFERRED LIST ---------- UBS RAISES SCHRODERS PRICE TARGET TO 2700 (2650) PENCE - 'NEUTRAL' Read More
LONDON (Alliance News) - <strong>Exova Group</strong>, <strong>Polypipe Group</strong>, and <strong>Cambian Group</strong> Friday priced their initial public offerings and began conditional dealings on the London market, as the pickup in new listings this year continued.<br /><br />However, th Read More
LONDON (Alliance News) - BP has reassured shareholders it will not be pushed out of Russia and will keep its 20% stake in the country's largest oil company despite rising tensions over Ukraine, The Guardian reports Friday from the company's annual general meeting. However, the oil and gas g Read More
LONDON (Alliance News) - BP PLC Thursday said that the following executive directors and directors acquired shares at a price of GBP4.829 per share through the company's ShareMatch UK Plan. Executive Director Iain Conn, General Counsel Rupert Bondy, and Chief Financial Officer Brian Gilvary Read More
LONDON (Alliance News) - UK shares have opened higher Thursday, following dovish minutes from the US Federal Reserve Wednesday and ahead of a Bank of England interest rate announcement.<br /><br />British retailer <strong>Marks and Spencer</strong> Group PLC said group sales rose 1.9% in the l Read More