LONDON (Alliance News) - WPP PLC said Thursday its operating company XM Asia has acquired a majority stake in Vietnamese digital creative agency Sofresh Co Ltd. Sofresh has a range of clients including Diageo PLC, GlaxoSmithKline PLC and Unilever PLC. It had revenues of VND35.7 billion in 2 Read More

UK BROKER RATINGS: SocGen Downgrades Rolls-Royce To Sell

16th Jun 2014 09:05

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning: ---------- FTSE 100 ---------- BARCLAYS RAISES RSA TO 'OVERWEIGHT' ('EQUAL WEIGHT') - TARGET 538 (102) PENCE ---------- SOCGEN CUTS ROLLS-ROYCE TO ' Read More

PRESS: GlaxoSmithKline Spin-Off Convergence Considering IPO - FT

16th Jun 2014 06:01

LONDON (Alliance News) - A spin-off company of GlaxoSmithKline PLC is considering a possible stock-market flotation after strong results for its new painkiller, the Financial Times reported Sunday. Convergence Pharmaceuticals was spun off in 2010 when Glaxo restructured its research and dev Read More

UK MIDDAY BRIEFING: Property Companies Get Indigestion

13th Jun 2014 11:29

LONDON (Alliance News) - UK residential and commercial property companies are among the biggest fallers in a declining market Friday, after Bank of England Governor Mark Carney said the interest rates in the UK could rise sooner than investors expect and Chancellor of the Exchequer George Osbo Read More

TOP NEWS: Sunni Militants Extend Control Over Eastern Iraq

13th Jun 2014 10:24

LONDON (Alliance News) - The following is a summary of top news stories Friday. ---------- COMPANIES ---------- Petra Diamonds Ltd shares jumped to the top of the FTSE 250 index after saying it has recovered another exceptional 122.52 carat Read More

UK MORNING BRIEFING: Iraq Worries Weigh; Petra Finds Blue Diamond

13th Jun 2014 07:34

LONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England. SSE, Tullow Oil and BG Group le Read More

GlaxoSmithKline Late Stage Eltrombopag Study Meets Primary Endpoint

13th Jun 2014 06:54

LONDON (Alliance News) - GlaxoSmithKline PLC said Friday a late stage study of its drug eltrombopag for the treatment of chronic immune thrombocytopenia in paediatric patients had met its primary endpoint. Immune thrombocytopenia is a bleeding disorder where the blood does not clot properly Read More

UK BROKER RATINGS: Investec Cuts RBS To Sell From Hold

12th Jun 2014 10:05

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning and Wednesday afternoon: ---------- FTSE 100 ---------- NOMURA CUTS BG GROUP TO 'NEUTRAL' ('BUY') - PRICE TARGET 1350 PENCE ---------- TRADERS: INVE Read More

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