LONDON (Alliance News) - Wm Morrison Supermarket PLC warned Thursday that underlying profits this year could halve, slashing its margins, as it takes on bigger rivals in announcing big cost-cutting measures and price cuts in an attempt to fend off hard discounters and boost its dwindling market s Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.7%. Numis has upgraded the bank to Add from Hold, increa Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Shares in <strong>Wm Morrison Supermarket</strong> PLC dropped at the open after reporting a 13% decline in underlying profits in its recent fi Read More
LONDON (Alliance News) - Supermarkets are heavily underperforming within UK stocks Thursday after Morrisons joined the race to slash costs and cut prices, while European markets as a whole are trading mixed, lacking any clear direction after Wednesday's heavy falls. By mid-morning Thursday Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES AB FOODS PRICE TARGET TO 1820 (1750) PENCE - 'SELL' <br />----------<br />GOLDMAN CUTS G4S PRICE TARGET TO 175 Read More
LONDON (Alliance News) - Shares in Wm Morrison Supermarket PLC dropped at the open Thursday morning after reporting a 13% decline in underlying profits in its recent financial year and a swing to a pretax loss on big exceptional charges. The UK's fourth-largest supermarket chain warned that Read More
LONDON (Alliance News) - Shares have opened flat to down Thursday following weak economic data from China.<br /><br />Shares in <strong>Wm Morrison Supermarkets</strong> are down 8% after reporting a 13% drop in underlying profits for its recent financial year, swung to a pretax loss on huge e Read More
LONDON (Alliance News) - UK stocks are set to open marginally higher Thursday, after mixed sessions in Asia and despite more disappointing Chinese economic numbers. Overnight Chinese data showed industrial production growth, retail sales growth, and urban investment growth all fell unexpect Read More
LONDON (Alliance News) - UK and European stocks opened lower Wednesday and continued to slide throughout the day as increased concern over the health of China's economy, unconvincing economic numbers, the ongoing tension in Ukraine, as well as number of large cap stocks going ex-dividend, all hel Read More
LONDON (Alliance News) - <strong>Prudential</strong> is the biggest gainer on the FTSE 100 Wednesday after the insurer's closely-watched operating profit grew by 17%, driven by its US and Asian operations, while <strong>G4S</strong> has plummeted after it reported a loss and finally settled wi Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Prudential</strong> PLC reported a sharp fall in 2013 pretax profits due to short-term fluctuations on investment returns, but its clo Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Prudential</strong>, up 4%. The group reported a sharp fall in 2013 pretax prof Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG CUTS TRAVIS PERKINS PRICE TARGET TO 1800 (1880) PENCE - 'HOLD' <br />----------<br />JEFFERIES CUTS LAND SECURITIES Read More
LONDON (Alliance News) - Online grocery retailer Ocado Group PLC Wednesday said group gross sales rose 23% in the first trading quarter of its new financial year, boosted by double-digit growth in the number of average orders per week and the launch of its delivery services for Wm Morrison Superm Read More
(An item published at 1145 GMT mistated the year-earlier period in the Fenner summary and the revenue figures in the Inchcape summary. The correct version follows:) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tues Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Sports Direct</strong> International, up 2.5%. The sports goods retailer said it Read More
LONDON (Alliance News) - UK stocks are marginally lower Tuesday, as UK economic data comes in on the soft side and Bank of England Governor Mark Carney and three other members of the Monetary Policy Committee face questions from the Treasury Select Committee. By mid-morning Tuesday, the FTS Read More
LONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed <strong>Fyffes PLC</strong> said it would be acquired by Chiquita Brands International Inc of the US in a deal that Read More