LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said it had withdrawn its European marketing authorisation application for the combined use of Meikinist and Tafinlar for the treatment of unresectable or metastatic melanoma with a BRAF V600 mutation. This was as a result of the Commit Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said it had withdrawn its marketing authorisation application for the combined use of Meikinist and Tafinlar for the treatment of unresectable or metastatic melanoma with a BRAF V600 mutation in Europe. This was as a result of the Commi Read More
LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.<br /><br />Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Next</strong>, up 1.9%. The homeware and clothing retailer reported higher profi Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Next</strong> PLC reported higher profits and revenues for the financial year ended January 2014 driven by its online business, raised Read More
LONDON (Alliance News) - Shares have opened lower Thursday, as markets around the world react to Fed Chair Janet Yellen's hint of an earlier-than-expected rise in US interest rates. The CEO of handbag firm <strong>Mulberry</strong> has stepped down after only two years in the job. <br /> Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Thursday said that a late stage trial of its MAGE-A3 cancer immunotherapeutic for patients with non-small-cell lung cancer did not meet two of its co-primary endpoints, as it failed to extend disease-free survival compared to a placebo. It did no 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) - GlaxoSmithKline PLC Monday said Moncef Slaoui, chairman of research and development, acquired American Depositary Shares at USD54.23 each Friday.<br /><br />Details are as follows. <table class="ak" style="width: 419px; height: 130px;" cellspacing="0" cellpadding="0 Read More
LONDON (Alliance News) - It's all about retailers Thursday, with the listed supermarkets all down sharply due to even weaker-than-expected results and a warning about this year from <strong>Wm Morrison Supermarkets</strong>, while Argos and Homebase parent <strong>Home Retail</strong> rose sha Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said a pivotal phase III study of mepolizumab, an investigational IL-5 antagonist monoclonal antibody, has met its primary endpoint of reduction in the frequency of exacerbations, in patients with severe eosinophilic asthma. The study e Read More
LONDON (Alliance News) - The FTSE 100 overturned early strength to close lower Monday, as investors digested some weaker-than-expected Chinese trade data released over the weekend, amid a lack of fresh major macro-economic data releases. A report from the Chinese General Administration of C Read More
LONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed <strong>Fyffes PLC</strong> said it would be acquired by Chiquita Brands International Inc of the US in a deal that Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Chiquita Brands International Inc and <strong>Fyffes</strong> PLC said they have reached a deal whereby Chiquita will acquire Fyffes to create th Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning and Friday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />DEUTSCHE BANK CUTS ROLLS-ROYCE PRICE TARGET TO 860 (1090) PENCE - 'SELL'<br />----------<br />MERRILL LYNCH Read More
LONDON (Alliance News) - Shares have opened higher Monday despite a weak lead from Asia.<br /><br />M&A and share placings have grabbed attention at the open. <br /><br />Chiquita Brands International Inc and <strong>Fyffes</strong> PLC said they will merge to create the world's largest ba Read More
LONDON (Alliance News) - Drugs giant GlaxoSmithKline PLC Monday launched the GBP629 million open offer to increase its stake in its Indian unit to 75%, from 50.7%, a deal it had announced back in September. In a statement, the company said it will offer INR3,100 a share for up to 20.6 milli Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Monday said Moncef Slaoui, a divisional chairman was allocated 15 American Depositary shares under the company share plan at a price of USD55.94 per ADS Friday. Shares in the global healthcare company closed at 1,662.50 pence down 0.5% Monday.</p Read More