LONDON (Alliance News) - US stocks look set to follow Europe higher Friday ahead of key German inflation data, while the UK's indices have been dragged back to near-flat by heavy declines in the Life Insurance sector. Markets appear to have shaken off Ukrainian concerns for the time being, Read More
(Correcting news item published at 1042 GMT to clarify Spanish data was for March.) LONDON (Alliance News) - UK stock indices are higher Friday, despite life insurers providing a drag for the second time in as many weeks, while growth in UK GDP in 2013 has been confirmed at 2.7%. By m Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Glencore Xstrata</strong>, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4 Read More
LONDON (Alliance News) - UK stock indices are higher Friday, despite life insurers providing a drag for the second time in as many weeks, while growth in UK GDP in 2013 has been confirmed at 2.7%. By mid-morning Friday the FTSE 100 is up 0.4% at 6,614.00, the FTSE 250 is up 0.1% at 16,220.5 Read More
LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.<br /><br />London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive Read More
LONDON (Alliance News) - UK Commercial Property Trust Ltd, which is externally managed by Ignis Investment Services, said Wednesday it will monitor Phoenix Group Holdings PLC's GBP390 million sale of Ignis Asset Management to Standard Life PLC. Ignis Investment Services has been UK Commerci Read More
LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< 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>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More
LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background Read More
LONDON (Alliance News) - Phoenix Group Holdings PLC Wednesday said it has agreed to sell Ignis Asset Management Ltd to Standard Life PLC in a GBP390 million cash deal, with the two life companies also agreeing to a long-term strategic asset management deal. Shares in FTSE 100-constituent St Read More
LONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in <strong>Lloyds Bank</strong>. <br /><br />The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP Read More
LONDON (Alliance News) - Metals and minerals producer <strong>Centamin</strong> is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.<br /><br />Centamin said pretax profit f Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - LOSERS</strong><br /><br /><strong>Barratt Developments</strong>, down 2.1%. Following the quarterly FTSE review on Ma Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />C<strong>OMPANIES</strong><br />----------<br />Electronics retailer <strong>Dixons Retail</strong> PLC and mobile phone retailer <strong>Carphone Warehouse</strong> Group PLC said that the Tak Read More
LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.<br /><br /><strong>Kentz</strong> Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di Read More
LONDON (Alliance News) - Standard Life PLC Sunday said it is in advanced talks over a potential deal to acquire Ignis Asset Management Ltd from FTSE 250 Phoenix Group PLC, a move that would add substantially to its assets under management. The Edinburgh-based long-term savings and investmen Read More
LONDON (Alliance News) - London's blue-chip and mid-cap indexes closed lower Wednesday as annuity providers and betting companies were hard hit by Chancellor of the Exchequer George Osborne's changes to pension rules and a hike to gaming machine duty<br /><br />The FTSE 100 closed down 0.5% at Read More