UK MORNING BRIEFING: Shares Open Flat To Higher But Foxtons Falls
27th Aug 2014 07:38
LONDON (Alliance News) - Grafton Group PLC, the builders merchant and DIY company, said Friday that Non-Executive Director Roderick Ryan bought 10,000 shares on Wednesday, at a price of GBP5.75 each. Ryan now holds a total of 35,000 shares in the company. Grafton shares were trading 0 Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Monday rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially ending the US company's interest in its British rival for the time being.<br /><br />Pfizer has pledged not to go direct to AstraZeneca's shareholders with Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>EasyJet</strong>, up 1.5%, and International Consolidated Airlines Group, up 0.7%. The Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTERCONTINENTAL HOTELS PRICE TARGET TO 2410 (2180) PENCE - 'BUY' <br />----------<br />BERENBERG RAISES RSA INSU Read More
LONDON (Alliance News) - Grafton Group PLC Monday said it has signed new five-year revolving credit facilities totalling GBP460 million, with its relationship banks. The builders' merchant and DIY group, which has operations in the UK, Ireland and Belgium, said the increased facilities prov Read More
LONDON (Alliance News) - UK shares have opened starkly mixed Monday, with the FTSE 100 dragged down by <strong>AstraZeneca</strong>, while the mid-cap FTSE 250 is higher.<br /><br />AstraZeneca, down 13% at the open, rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially Read More
LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w 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>WPP</strong>, up 0.5%. Shares in the media buying giant have risen after France-based P Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>IGas Energy</strong> PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp Read More
LONDON (Alliance News) - UK stocks trade lower Friday, with investors consolidating positions ahead of a weekend likely to bring further tension in Ukraine as pro-Russian militants in the east of the country push ahead with a referendum on seceding from the country. By mid-morning Friday th Read More
LONDON (Alliance News) - Builders merchants and DIY company Grafton Group PLC Friday said it is continuing to see recovery in its markets which started in the second half of 2013, with group revenue up 14% in the first four months of 2014. The company, like peers, was hit hard by the econom Read More
LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning and Wednesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES SHIRE PRICE TARGET TO 3450 (3180) PENCE - 'NEUTRAL'<br />----------<br />UBS RAISES ASTRAZE Read More
LONDON (Alliance News) - <strong>Standard Chartered</strong> Wednesday reported its first annual decline in pretax profit after a decade of growth, as it was hit by emerging market fears and a writedown in its Korean business.<br /><br />The FTSE 100-listed bank warned that it is facing more c Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Admiral</strong> Group, up 7%. The motor insurer reported a 7% increase in 2013 Read More