LONDON (Alliance News) - Advance Frontier Markets Fund Ltd Friday said it has entered into a loan facility with Investec Bank PLC to draw down loans of up to USD9 million. The investment company said the rate of interest on each loan that it takes out as part of the Investec agreement is ca Read More

UK MIDDAY BRIEFING: London Gets Another Three New Listings

11th Apr 2014 11:11

LONDON (Alliance News) - Exova Group, Polypipe Group, and Cambian Group Friday priced their initial public offerings and began conditional dealings on the London market, as the pickup in new listings this year continued. However, th Read More

TOP NEWS: London IPO Market Continues Surge

11th Apr 2014 10:06

LONDON (Alliance News) - The following is a summary of top news stories Friday. ---------- COMPANIES ---------- Exova Group, Polypipe Group, and Cambian Group priced their initial public offerings and began conditional deal Read More

UK BROKER RATINGS: JPMorgan, Numis Raise Fresnillo Price Target

11th Apr 2014 09:21

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning: ---------- FTSE 100 ---------- GOLDMAN CUTS WOLSELEY PRICE TARGET TO 3535 (3569) PENCE - 'NEUTRAL' ---------- BERENBERG CUTS WEIR GROUP TO 'HOLD' ('BUY') --- Read More

UK MORNING BRIEFING: London IPO Market Continues Pickup

11th Apr 2014 07:17

LONDON (Alliance News) - The resurgent London initial public offering market got another boost Friday as three companies priced their offerings. The IPOs of Exova Group, Cambian Group and Polypipe Group mean 14 companies have now li Read More

Investec To Sell Certain Australian Businesses To Bank Of Queensland

11th Apr 2014 06:43

LONDON (Alliance News) - Investec PLC Friday said it will sell the professional finance and asset finance and leasing business of its Australian operations to Bank of Queensland Ltd, a deal that will boost the South African bank's balance sheet. In a statement, Investec said it will also se Read More

Brammer 1st Quarter Improves; Raising GBP53.7 Million In Placing

9th Apr 2014 09:21

LONDON (Alliance News) - Brammer PLC said revenues were up in the first quarter of the financial year, boosted by its recent Scandinavian acquisition, and it intends to raise roughly GBP53.7 million in a share placing to provide funds to use for bolt-on acquisitions. The specialist distribu Read More

UK BROKER RATINGS: HSBC Upgrades IMI To Overweight

9th Apr 2014 09:15

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning: ---------- FTSE 100 ---------- BERNSTEIN CUTS BT GROUP TO MARKET-PERFORM (OUTPERFORM) - TARGET 385 PENCE ---------- HSBC RAISES IMI TO OVERWEIGHT Read More

CORRECT: UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

9th Apr 2014 08:02

(Correcting the name of the Australian company acquired by Ladbrokes last year.) LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday. Among corporate newsmakers at the open, Rolls-Royce Read More

UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

9th Apr 2014 07:34

LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday. Among corporate newsmakers at the open, Rolls-Royce Holdings PLC said it has won a USD100 million contract from the US Department Read More

UK MIDDAY BRIEFING: Budget Aftershocks Reverberate Through Shares

20th Mar 2014 13:01

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. Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello Read More

Investec Expects Marginally Higher Full-Year Operating Profit

20th Mar 2014 11:45

LONDON (Alliance News) - Investec PLC Thursday said it expects its full-year operating profit to be marginally ahead of the previous year, as the specialist bank and asset manager coped with a significant depreciation of the rand against sterling over 2013. Overall, the results were driven Read More

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