LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Centrica PLC-owned<strong> British Gas</strong> has been forced to make GBP5.6 million in payments following errors in its switching and renewa 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
LONDON (Alliance News) - Cairn Energy PLC said Thursday that its Deputy Chief Executive, Dr Mike Watts, and Managing Director and Chief Financial Officer, Jann Brown, will not seek re-election to the board at its AGM in May. The company said that the decisions come as part of its "long term Read More
LONDON (Alliance News) - Cairn Energy PLC Tuesday said a group of directors were awarded shares under the share incentive plan.<br /><br />Details are as follows. <table class="bg" cellspacing="0" cellpadding="0"><tbody><tr><td class="av" valign="top"><p class="bh"><span class="aw">Executiv 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) - Cairn Energy PLC said Thursday that it will take "whatever steps are necessary" to defend itself over its ongoing tax dispute in India, and reiterated that it had been compliant with tax legislation in every year of its operations in India. Cairn Energy has been con Read More
LONDON (Alliance News) - Cairn PLC Thursday said Janice Gammell, wife of Chairman Bill Gammell bought 59,800 shares at a price of GBP1.6722 each Wednesday. Following this transaction, Bill Gammell's beneficial interest in the company is 656,131 shares or 0.114% of the share capital. 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
LONDON (Alliance News) - Cairn Energy PLC Wednesday said non-executive Director Alexander Berger bought 3,671 shares at a price of GBP1.663 per share. Following this transaction, Berger now holds 20,169 shares in total. Shares in the energy company were trading at 166.30 pence up 3.4% 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 /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Kingfisher</strong>, up 6.6%. The home improvement retailer has reported an incre Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADER: MORGAN STANLEY REMOVES IAG FROM 'EUROPE BEST IDEAS LIST'<br />----------<br />TRADERS: MORGAN STANLEY RAISES PRICE TARGE 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) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES MEGGITT TO 'BUY' ('NEUTRAL') - TARGET 520 (530) PENCE <br />----------<br />BARCLAYS CUTS RBS TO 'EQUAL WEIGHT' ('OVE 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) - <strong>J Sainsbury</strong> PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti 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 /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>J Sainsbury</strong>, up 0.8%. The food retailer is the latest of the big UK supe Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British supermarket chain <strong>J Sainsbury</strong> PLC reported its first sales fall in nine years for the fourth quarter of its financial y Read More
LONDON (Alliance News) - Oil and gas exploration company Cairn Energy PLC Wednesday said it swung to a loss in 2013 as it booked a big impairment for the Catcher fields in the North Sea, and it warned that its outlook depends heavily on its exploration programme this year and the timing of the re Read More