LONDON (Alliance News) - Royal Bank of Scotland Group PLC Wednesday said it intends to sell its remaining 28.5% stake in Direct Line Insurance Group PLC through a placing with institutional investors. RBS, which is still majority owned by the UK government after its 2008 bailout, said the p Read More
LONDON (Alliance News) - UK stock indices opened lower Wednesday and never recovered. While a busy day of corporate news provided some stand-out movers, a number of stocks going ex-dividend provided a drag, while a small downgrade to the UK's 2013 GDP numbers appeared to keep overall sentiment ne Read More
LONDON (Alliance News) - St Modwen Properties PLC Wednesday said it plans to raise GBP100 million through the offering of guaranteed convertible bonds due 2019, which it will use to refinance existing bank debt. The raising forms part of the property developer's strategy to diversify debt f Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY CUTS UNITED UTILITIES TO 'EQUAL-WEIGHT' ('OVERWEIGHT') <br />----------<br />UBS STARTS RANDGOLD RESOURCES WIT Read More
LONDON (Alliance News) - Two Royal Bank of Scotland Group PLC non-executive directors are emerging as early contenders to succeed Chairman Philip Hampton, Sky News reported Monday. Sandie Crombie and Brendan Nelson are being discussed as possible successors to Hampton, according to the rep Read More
LONDON (Alliance News) - The FTSE 100 closed higher for the sixth consecutive day Friday, closing less than 100 points short of its 2014 opening level as investors shrugged off a host of weaker-than-expected UK and US data releases to ensure the global equity rally continues. The FTSE 100 c Read More
LONDON (Alliance News) - The FTSE 100 closed higher for the sixth consecutive day Friday, closing less than 100 points short of its 2014 opening level as investors shrugged off a host of weaker-than-expected UK and US data releases to ensure the global equity rally continues. The FTSE 100 c Read More
LONDON (Alliance News) - The FTSE 100 looks set to post its sixth consecutive daily rise Friday, as it nears its 2014 high amid a continuing rally in stock markets around the world, largely driven by the recovery of the world's largest economy.<br /><br />The focus in London Friday has been on Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Royal Bank of Scotland Group, up 2.4%. The bank is preparing a dramatic retrenchment that would see it become a much smalle Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br />COMPANIES<br />----------<br /><strong>Royal Dutch Shell</strong> has reached a binding agreement to sell its Australia downstream businesses, excluding Aviation, to Dutch-owned oil trader Vito Read More
LONDON (Alliance News) - The following is a summary of top news stories xxxxday.<br />----------<br />COMPANIES<br />----------<br /><strong>Royal Dutch Shell</strong> has reached a binding agreement to sell its Australia downstream businesses, excluding Aviation, to Dutch-owned oil trader Vit Read More
LONDON (Alliance News) - The FTSE 100 is on track to post its sixth consecutive daily rise Friday, as weaker-than-expected UK retail sales and public finances data failed to dent the recent market positivity. By mid-morning, the FTSE 100 is up 0.4% at 6,836.91, just over 30 points shy of it Read More
LONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.<br /><br />The London equity markets are hi Read More
LONDON (Alliance News) - UK stocks are set to open higher Friday, taking a cue from gains on Wall Street late Thursday and as investors take positions ahead of UK retail sales data.<br /><br />After closing lower Wednesday, the positive sentiment that has buoyed Wall Street recently returned T Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC is preparing a dramatic retrenchment that would see it become a much smaller UK retail and commercial bank, a move that is expected to see staff numbers slashed by at least 30,000 in the coming years, the Financial Times reports Friday, ci Read More