LONDON (Alliance News) - UK energy industry regulator Ofgem proposed Thursday an independent investigation into the UK's energy market by the Competition and Markets Authority, asking the CMA to investigate "once and for all" whether there are barriers to effective competition with the "Big Six" 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
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>RSA Insurance</strong> Group PLC launched a GBP773.0 million fully-underwritten, discounted rights issue in order to shore up its balanc Read More
LONDON (Alliance News) - Plexus Holdings PLC Tuesday said it has received an additional purchase order from Centrica PLC estimated at the value of roughly GBP900,000. The oil and gas engineering group said the deal is to supply surface wellhead and mudline equipment services for a gas appra Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE <br />----------<br />JEFFERIES RAISES PRICE TARGET Read More
LONDON (Alliance News) - Centrica PLC Tuesday said that, together with Brookfield Renewable Energy Partners LP and iCON Infrastructure Partners II LP, it has agreed to acquire Bord Gais Energy for GBP920 million. The FTSE 250 energy company, which owns British Gas Ltd, said that the transac Read More
LONDON (Alliance News) - Major European stocks indices, including the UK's FTSE 100, closed firmly in the red Monday as investors shrugged off strong gains in Asia amid intensifying concerns over the health of the Chinese economy and the crisis in Crimea.<br /><br />Tensions in Ukraine continu Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />C<strong>OMPANIES</strong><br />----------<br />Electronics retailer <strong>Dixons Retail</strong> PLC and mobile phone retailer <strong>Carphone Warehouse</strong> Group PLC said that the Tak Read More
LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.<br /><br /><strong>Kentz</strong> Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di Read More
LONDON (Alliance News) - Two major consumer groups are calling for regulators to further investigate the UK's "broken" energy market, according to the BBC on Monday. Both Which? and the Federation of Small Businesses have said that nine out of 10 consumers think the firms need further probi Read More
LONDON (Alliance News) - WANdisco PLC Thursday posted a widened pretax loss for 2013 as it bolstered its staff. At the same time, WANdisco, produces software for businesses that is continuously available, announced a new customer win with British Gas and appointed a former Chief Executive o Read More
LONDON (Alliance News) - WANdisco PLC Thursday posted a widened pretax loss for 2013 as it bolstered its staff. At the same time, WANdisco, produces software for businesses that is continuously available, announced a new customer win with British Gas and appointed a former chief executive o Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br /><strong>----------</strong><br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE <br />----------<br Read More
LONDON (Alliance News) - British Gas, the major UK energy supplier owned by Centrica PLC, is planning to give away free electricity on Saturdays to reduce peak demand and stop customers switching supplier, according to The Times on Monday. The company is planning to launch the offer in Autu 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
LONDON (Alliance News) - Shares have opened flat to down Thursday following weak economic data from China.<br /><br />Shares in <strong>Wm Morrison Supermarkets</strong> are down 8% after reporting a 13% drop in underlying profits for its recent financial year, swung to a pretax loss on huge e Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM RAISES AGGREKO PRICE TARGET TO 1735 (1500) PENCE - 'HOLD'<br />----------<br />BERENBERG RAISES CENTRICA TO Read More
LONDON (Alliance News) - Shares are gaining at the open Tuesday on a strong lead in from Asia and ahead of UK industrial production data at 0930.<br /><br /><strong>Foxtons</strong> has reported a strong set of maiden results following its September listing, while declaring a special dividend. Read More