LONDON (Alliance News) - WM Morrison Supermarkets PLC is expected this week to announce price cuts and GBP500 million of property sales to combat discount rivals such as Aldi and ease shareholder worries, according to the The Sunday Times. The major British supermarket is poised to go a ste Read More
LONDON (Alliance News) - Ocado Group PLC said its non-executive director Alex Mahon bought 5,087 shares in the company at a price of 570 pence per share on Thursday. Following the transaction, Mahon holds 7,087 shares in the company. Ocado shares closed up 0.7% at 559.50 pence Friday. Read More
LONDON (Alliance News) - Ocado Group PLC Tuesday said non-executive Director Douglas McCallum sold 58,000 shares at a price of 597.27 pence per share. The online grocer said that following the deal, McCallum holds 10,000 shares in the company. Ocado Group shares closed up 0.8% at 606. Read More
LONDON (Alliance News) - UK stocks indices have closed flat Wednesday at the end of a relatively subdued session for equities. Meanwhile the pound made its strongest gains of the year against both the dollar and the euro after the Bank of England increased its economic growth forecasts for UK.</p Read More
LONDON (Alliance News) - UK stocks trade mixed Wednesday morning. A positive night in Asia, driven by unexpectedly strong trade growth in China, led to a mildly positive start in London. However, with no additional drivers for the market since, all eyes are on Bank of England Governor Mark Carney Read More
LONDON (Alliance News) - Ocado Group PLC Thursday said Co-Founder Jason Gissing sold 3.1 million shares at a price of GBP498.75 per share, in a deal worth approximately GBP15.2 million Tuesday. Ocado had announced Tuesday that Gissing would retire from the board and leave the company at the Read More
LONDON (Alliance News) - Ocado Group PLC Wednesday said non-executive director Robert Gorrie sold 275,000 shares at a price of 501.8 pence per share Tuesday worth approximately GBP1.4 million. Following this transaction, Gorrie holds 415,660 shares. Shares in the grocery company were Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS CUTS BG GROUP PRICE TARGET TO 1350 (1370) PENCE - 'EQUAL WEIGHT' <br />----------<br />BARCLAYS RAISES RSA INSURANCE Read More
LONDON (Alliance News) - Oil majors BP and BG Group both reported a deterioration in the fourth quarter Thursday, with BG swinging to a loss, but their shares headed in different directions after BG previously flagged the downturn while the extent of its rival's profit decline was more unexpected 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>BG Group</strong>, up 1.1%. After initially seeing its share price fall, BG is no Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>BP</strong> PLC announced a fall in its fourth-quarter pretax profit but an increase in pretax profit for the full year 2013 overall. Th Read More
LONDON (Alliance News) - The UK's main stock indices are lower again Tuesday, weighed down by continued concern that that the tightening of US monetary conditions will lead to a slowdown of global growth, as well as a number of disappointing UK corporate releases. Meanwhile, the pound has j Read More
LONDON (Alliance News) - Online-only supermarket Ocado Group PLC Tuesday reported another loss for the financial year ended December 1, 2013, as the group continued to invest heavily in the business, hindering its chance of breaking even. Ocado, the UK online grocery distribution business, Read More
LONDON (Alliance News) - UK shares have opened lower Tuesday amid continued worries about the US economy.<br /><br /><strong>Ocado</strong> shares are down 4.5% as it reported a wider pretax loss for 2013, though the online grocer said it expects to reach profitability this year.<br /><br />Br Read More
LONDON (Alliance News) - UK stocks are set to continue to decline Tuesday, following their Asian and US counterparts lower, as investors continue to digest much weaker-than-expected US manufacturing data and as concerns about the US debt ceiling reappear. Meanwhile, in a raft of 2013 earnin Read More
LONDON (Alliance News) - UK stocks closed lower Monday as the global equity sell-off continued amid growing concerns about both the Chinese and US economies. Meanwhile, the pound was hit following weaker-than-expected UK PMI manufacturing data. UK stocks opened fractionally lower Monday aft Read More