LONDON (Alliance News) - Tritax Big Box REIT PLC Wednesday said it has agreed to acquire a Wm Morrison Supermarkets PLC distribution centre in Kent from the grocer for GBP97.8 million, meaning it is now substantially fully invested. In a statement, Tritax Big Box said that the distribution Read More

MARKET COMMENT: FTSE 100 Closes Higher, Whitbread Jumps

17th Jun 2014 16:26

LONDON (Alliance News) - The FTSE 100 closed higher for the first time in three days Tuesday, having spent the day trading within a tight range, with hotels and coffee shops operator Whitbread one of the biggest gainers following an upbeat trading update. Whitbread, Read More

REPEAT: Morrisons To Cut Around 2,600 Management Jobs

17th Jun 2014 14:57

LONDON (Alliance News) - Wm Morrison Supermarkets PLC Tuesday said it plans to cut around 2,600 management jobs as part of a plan to slim down its management structure across the business. The UK's fourth largest supermarket retailer said in a statement its plans to cut the management jobs Read More

Morrisons To Cut Around 2,600 Management Jobs

17th Jun 2014 13:37

LONDON (Alliance News) - Wm Morrison Supermarkets PLC Tuesday said it plans to cut around 2,6000 management jobs as part of a plan to slim down its management structure across the business. The UK's fourth largest supermarket retailer said in a statement its plans to cut the management jobs Read More

MARKET COMMENT: Growth Downgrade Sends Stocks Lower, Airlines Lead Fall

11th Jun 2014 16:21

LONDON (Alliance News) - Stock markets across the UK and Europe closed lower Wednesday after a warning about the strength of the global economic recovery, with airline stocks leading the falls after a profit warning from Germany's Lufthansa and a major aircraft order cancellation by Emirates s Read More

UK WINNERS & LOSERS: Supermarkets Up, Airlines Down

11th Jun 2014 10:44

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS ------- J Sainsbury, up 2.5%, Tesco, up 0.6%, and WM Morri Read More

MARKET COMMENT: Shares Hit By Lufthansa Warning As Pound Rallies

11th Jun 2014 09:59

LONDON (Alliance News) - Major stock markets are lower across the UK and Europe Wednesday, led by falls in airline stocks after Germany's Lufthansa issued a profit warning that has hurt the whole sector, and as trading volumes remain well-below average. Meanwhile, the pound jumped to a sess Read More

UK BROKER RATINGS: Exane BNP Resumes Whitbread With Outperform

11th Jun 2014 09:09

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning: ---------- FTSE 100 ---------- EXANE BNP RESUMES WHITBREAD WITH 'OUTPERFORM' - TARGET 5000 PENCE ---------- CITIGROUP CUTS BABCOCK INTERNATIONAL Read More

UK MIDDAY BRIEFING: Morrisons Hit By Investor Disquiet At AGM

6th Jun 2014 10:49

LONDON (Alliance News) - Wm Morrison Supermarkets is one of the big fallers on the FTSE 100 Friday after it was hit by investor disquiet over its turnaround plan at its annual general meeting, with significant protest votes against the re-election of Chief Executive Dalton Phi Read More

TOP NEWS: UK Trade Deficit Widens In April As Exports Decline

6th Jun 2014 10:35

LONDON (Alliance News) - The following is a summary of top news stories Friday. ---------- COMPANIES ---------- Songbird Estates PLC said the UK government has approved the plans its Canary Wharf unit has for redeveloping the Shell Centre s Read More

UK WINNERS & LOSERS: Synergy Health Boosted By Contract Win

6th Jun 2014 09:36

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - LOSERS ------- Smith & Nephew, down 1.1%. Volatile trading in the medical technology compa Read More

MARKET COMMENT: Calm Returns To Markets Ahead Of US Jobs Report

6th Jun 2014 09:25

LONDON (Alliance News) - UK stocks indices are trading broadly higher Friday, although trading across all markets has become subdued once again after the excitement of Thursday's rate cut by the European Central Bank, as investors await the US non-farm payroll report still to come. By mid-m Read More

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