LONDON (Alliance News) - GlaxoSmithKline PLC has invited private equity firms to bid for some of its older drugs in the latest step by Chief Executive Andrew Witty to reshape the UK?s biggest drugmaker, the Financial Times reports Friday, citing people familiar with the situation. Private e Read More
LONDON (Alliance News) - Stocks have traded in tight ranges and in relatively low volumes across the UK and Europe Wednesday, as some disappointing eurozone economic data prevented indices pushing towards their recent highs. Investors are particularly reticent to add to positions in the run Read More
LONDON (Alliance News) - <strong>Weir Group</strong> said Wednesday that it no longer intends to pursue a takeover of Metso Oyj, after the Finnish company rejected an improved offer.<br /><br /><strong>GlaxoSmithKline</strong> is down after it said late Tuesday that it is under criminal invest Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>London Stock Exchange Group</strong>, up 2.3%. The group's shares have risen after it was added to a Read More
(An item published at 1126 BST misstated the company name in the headline. The correct version follows.)<br /><br />LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br />Engineering firm <strong>Weir Group</strong Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday. ---------- COMPANIES ---------- Engineering firm Weir Group said it no longer intends to pursue a takeover of Metso Oyj, after the Finnish company rejected an improved offer. The FTSE 100-li Read More
LONDON (Alliance News) - UK stocks are trading mixed in low volumes Wednesday, with some disappointing eurozone data leading to investor caution ahead of the European Central Bank policy meeting next week. By mid-morning Wednesday, the FTSE 100 is down 0.1% at 6,841.81, while the FTSE 250 i Read More
LONDON (Alliance News) - GlaxoSmithKline PLC said late Tuesday that it is under criminal investigation by the UK's Serious Fraud Office following a series of bribery allegations. The FTSE 100-listed drugs giant confirmed that the SFO has opened a "formal criminal investigation" into its com Read More
LONDON (Alliance News) - A connected person of GlaxoSmithKline PLC Chief Executive Andrew Witty Friday sold 726 shares at 1,638.6078 pence before repurchasing 720 shares at 1,638.9148p and transferring them into an individual savings account, the company said. Glaxo shares Friday closed at Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: GOLDMAN CUTS VODAFONE TO 'NEUTRAL' ('BUY') <br />----------<br />UBS CUTS VODAFONE PRICE TARGET TO 255 (275) PENCE - Read More
LONDON (Alliance News) - Shares have opened marginally higher in London Thursday amid a flurry of UK corporate news and European economic statistics.<br /><br />Electronics retailer <strong>Dixons Retail</strong> and mobile phone retailer <strong>Carphone Warehouse</strong> confirmed they will Read More
LONDON (Alliance News) - <strong>ITV</strong> said Wednesday that first quarter revenue rose thanks to a continued recovery in advertising revenue, and said it expects to get a further boost from its coverage of the football World Cup in June as well as the launch of new TV channels.<br /><br Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>Compass Group</strong>, up 3.7%. The food and support services company has jumped to the top of the t Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br /><br />UK television company <strong>ITV PLC</strong> reported higher revenue for the first quarter of 2014 thanks to a continued recovery in advertising revenu Read More
LONDON (Alliance News) - British pharmaceuticals giant GlaxoSmithKline PLC Wednesday said it was taking allegations raised by Chinese authorities very seriously and continuing to co-operate with investigations, after the Chinese authorities accused a British Glaxo executive of ordering staff to b Read More
LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.<br /><br />The blue-chip index is being weighed down by broadcaster <strong>ITV</strong>, whos Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Tuesday said several executives and managers bought shares in the company at a price of 1612.8925 pence per share on Monday and were awarded matching shares as part of the company's ShareReward Plan. The pharmaceutical company said that Mrs K Tho Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Tuesday again rejected Pfizer's "opportunistic" GBP63 million takeover approach, as UK politicians grilled executives of both companies about the potential deal and what it will mean for the UK's pharmaceutical industry.<br /><br />Cruciall Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>AstraZeneca</strong> PLC announced positive results from its late-stage study of combination treatment saxagliptin and dapagliflozin for Read More