UK MORNING BRIEFING: TSB Banking Shares Rise 11% From IPO Price
20th Jun 2014 07:32
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Rolls-Royce</strong> Holdings PLC moved to appease investors unhappy with the company's recent outlook downgrade, saying it will return 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>Rolls-Royce</strong> Holdings, up 5.6%. The maker of aircraft and marine engines has Read More
LONDON (Alliance News) - UK stocks indices are holding on to strong gains Thursday, having opened much higher on the back of a broadly dovish message from the US Federal Reserve on Wednesday and subsequent record high made by US equity markets. By mid-morning Thursday, the FTSE 100 is up 0 Read More
LONDON (Alliance News) - Man Group PLC Thursday said it has agreed to acquire Numeric Holdings LLC, a Boston quantitative equity manager that had USD14.7 billion in funds under management at the end of May, for up to USD494.0 million, as it looks to diversify its flagship AHL fund and expand in N Read More
LONDON (Alliance News) -<strong> Lloyds Banking Group</strong> Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />COMPANIES<br />----------<br /><strong>Lloyds Banking Group</strong> set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 penc Read More
LONDON (Alliance News) - UK shares have opened fractionally higher Monday following rising markets in Asia and a higher close on Wall Street on Friday. China reported strong trade figures for May on Sunday, lending Monday a positive tone.<br /><br /><strong>Lloyds Banking</strong> will price t Read More
LONDON (Alliance News) - Man Group PLC Monday said it is to acquire Pine Grove Asset Management LLC, a fund of funds manager with about USD1.0 billion in assets under management, as it seeks to add to its FRM business and grow in the US. Pine Grove Asset Management, founded in 1994 and curr Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM INITIATES SCHRODERS WITH 'BUY' - TARGET 2,879 PENCE <br />----------<br />NOMURA CUTS SAINSBURY PRICE TARGET TO 285 (3 Read More
LONDON (Alliance News) - <strong>ASOS</strong> is dragging down the AIM All-Share Index at the open Thursday after lowering its profit guidance. The online fashion retailer, by far the biggest AIM stock by market capitalisation, dropped 40% at the open and was down 34% a half hour into trading Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>Anglo American</strong>, up 1.9%, <strong>Rio Tinto</strong>, up 1.7%, <strong>Glencore</strong>, up 1.4 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASSOCIATED BRITISH FOODS TARGET TO 3,060 (2,600) P. - 'HOLD'<br />----------<br />PANMURE INITIATES WEIR GROUP Read More
LONDON (Alliance News) - UK shares have opened slightly higher Monday on a good manufacturing PMI reading from China at the weekend and ahead of Thursday's European Central Bank meeting.<br /><br />Goldman Sachs likes the shares of UK estate agents, raising <strong>Countrywide</strong> to Buy Read More
LONDON (Alliance News) - The FTSE 100 closed at its highest level for two weeks Thursday, and less than 80 points shy of its all-time high, led higher by another strong performance by medical technology company Smith & Nephew. However, trading volumes were extremely light with several Europ Read More
LONDON (Alliance News) - Home improvement retailer <strong>Kingfisher</strong> is the biggest decliner on the FTSE 100 Thursday after it warned that it expects tougher trading in the second quarter against stronger comparatives, and said its margins had been hit by discounts in its kitchens an Read More
(Item published at 1209 BST and 1218 BST misstated the surname of Aggreko's interim CFO. The correct version follows.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WIN Read More
(An item published at 1209 BST misstated the first name of Aggreko's incoming chief executive. The correct version follows.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 Read More