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
LONDON (Alliance News) - UK shares have opened higher Friday following a strong lead from Wall Street and ahead of US jobs figures later in the day.<br /><br />Four brokers have slashed their price targets for AIM darling <strong>ASOS</strong>, following its fall from grace on Thursday, but re Read More
LONDON (Alliance News) - Wm Morrison Supermarkets PLC was hit by investor disquiet over its turnaround plan at the company's annual general meeting Thursday, with significant protest votes against the re-election of Chief Executive Dalton Philips and the company's remuneration policy for manageme Read More
LONDON (Alliance News) - The founding family of WM Morrison Supermarkets PLC criticised the current directors' turnaround strategy at the company's annual general meeting, The Times reports. The board of the company were barraged with criticism from investors at the meeting, The Times said, Read More
LONDON (Alliance News) - The European Central Bank on Thursday cut its key interest rate to a record low and embraced a negative deposit rate, the first for a leading central bank, as it tries to fight the low inflation that is threatening to derail the euro area's fragile economic recovery.<b Read More
LONDON (Alliance News) - Ian Gibson, chairman of Wm Morrison Supermarkets PLC, said Thursday he will step down from the role next year, telling the company's annual general meeting that he won't seek re-election at next year's AGM. The UK supermarket chain, which has struggled to fend off p Read More
LONDON (Alliance News) - <strong>ASOS</strong> is dragging down the AIM All-Share Index at the open Thursday after lowering its profit guidance. The online fashion retailer, by far the biggest AIM stock by market capitalisation, dropped 40% at the open and was down 34% a half hour into trading Read More
LONDON (Alliance News) - Wm Morrison Supermarkets PLC is set to announce a wave of management restructuring within its stores, which could see as many as 2,000 job losses, according to The Guardian on Wednesday. The newspaper said the supermarket chain's plans to slim down management will b Read More
LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 at its lowest closing level in over a week, as investors continued to exercise caution ahead of Thursday's central bank meetings and Friday's monthly US jobs report.<br /><br />The listed UK supermarkets were among th Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Smith & Nephew</strong>, up 1.8%. The medical technology company is once again t Read More
LONDON (Alliance News) - UK stocks are trading mixed Wednesday, as investors remain wary ahead of major risk events still to come this week, in the form of the European Central Bank policy decision on Thursday and the US jobs report on Friday. By mid-morning Wednesday, the FTSE 100 is down Read More
LONDON (Alliance News) - Tesco PLC reported Wednesday a sharp drop in sales in the first quarter of its new financial year, as Britain's biggest supermarket chain said it was hit hard by deep price cuts across the business and by the acceleration of its store refit programme, while warning of mor Read More
LONDON (Alliance News) - Stocks across the UK and Europe slipped lower Tuesday amid a busy day of macroeconomic data that leaves the focus squarely on the European Central Bank's upcoming policy announcement on Thursday. European markets failed to take a lead from a broadly positive Asian s Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from heavy discounters Aldi and Lidl, new data showed Tuesday, and the price war that has ensued as the big chains try to win back customers means the broader market is growing at the slowest rate for more Read More
LONDON (Alliance News) - <strong>Wolseley</strong> is the biggest gainer on the FTSE 100 Tuesday after the plumbing and heating products distributor reported higher trading profit for its fiscal third quarter, driven by strong growth in the US and Nordic countries.<br /><br />However, adverse Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from the heavy supermarket discounters Aldi and Lidl, while a slowdown in the UK grocery market hit its lowest level for more than 11 years, as the supermarket price war and the "pricing race to the bottom Read More