LONDON (Alliance News) - UK stocks are trading mixed Monday, with Lloyds Bank leading the FTSE 100 lower after announcing further provisions for compensation of past misdeeds. Meanwhile a raft of European PMI data has been released, with the UK's missing forecasts, sending the pound lower.< Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Chief Executive Ross McEwan is set for a meeting with the Bank of England over the bank's capital position, the Sunday Telegraph reported. McEwan will meet Andrew Bailey, chief executive of the Prudential Regulation Authority, and Sa Read More
LONDON (Alliance News) - Direct Line Insurance Group PLC Friday said the Solicitors Regulation Authority has authorised DLG Legal Services, the company it set up in partnership with Parabis Law LLP last July. DLG was set up as an alternative business structure, which allows non-lawyers to o Read More
LONDON (Alliance News) - UK Chancellor George Osborne again pledged to stick with the government's policy track Tuesday, as new figures showed the economy expanded at the fastest rate since the financial crisis last year but has still not fully recovered from the recession.<br /><br />Latest g Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br /><strong>F&C Asset Management</strong> PLC said it has reached an agreed GBP708 million deal to be acquired by Bank of Montr 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 />Carnival, up 3.1%. Numis has upgraded Carnival to Buy from Hold, increasing its target pr Read More
LONDON (Alliance News) - UK stocks are gaining Tuesday, with the FTSE 100 looking to snap a five-day slump, buoyed in part by further data that points to a strong UK economic recovery. By mid-morning Tuesday the FTSE 100 is up 0.4% at 6,575.64, the FTSE is up 1.1% at 15,705.44, and the AIM Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM CUTS PEARSON PRICE TARGET TO 815 (1050) PENCE <br />----------<br />CREDIT SUISSE RAISES BG GROUP TO 'NEUTRAL' ('UNDERP Read More
LONDON (Alliance News) - Jefferies has cut its price target for Royal Bank of Scotland to 414p from 441p, to reflect further provisions announced on Monday. However this does not effect the overall Buy case for stock, says analyst Joseph Dickerson. RBS announced a further GBP3.07 billion of Read More
LONDON (Alliance News) - Shares have opened higher Tuesday ahead of UK GDP figures at 0930 GMT.<br /><br />A day after confirming an approach by Bank of Montreal, <strong>F&C Asset Management</strong> said Tuesday it has agreed to be taken over by the Canadian bank in a GBP708 million deal Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it has set aside GBP3.07 billion in new provisions for a number of past issues, the bulk of which relate to litigation and regulatory decisions regarding mortgage-backed securities and securities sold in the years leading up to Read More
LONDON (Alliance News) - UK stocks closed heavily down again Monday, amid concern that an expected further cut to the US Federal Reserve's asset-purchase program this week will accelerate the slowdown of emerging markets growth. <br /><br />London's blue chip index suffered the most, dragged d Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it will make a further GBP3.07 billion in provisions against litigation and customer claims in its full-year results for 2013, which it will announce on February 27. Of that total, RBS said it will make a provision of GBP Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it will make a further GBP2.87 billion in provisions against litigation and customer claims in its full-year results for 2013, which it will announce on February 27. Of that total, RBS said it will make a provision of GBP Read More
LONDON (Alliance News) - International Public Partnership Ltd Friday said it has renewed and increased its corporate credit facility to GBP175 million from GBP100 million in order to finance its pipeline of investment opportunities. In a statement, the FTSE 250 infrastructure investor said 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>Sage Group</strong>, up 4.9%. The business-management software company has reve Read More
LONDON (Alliance News) - The pound has shot higher Wednesday morning in reaction to the latest reading of UK unemployment, which now has almost fallen to the level at which the Bank of England originally said it would begin to look at an interest rate rise. Meanwhile, UK stock indices are c Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG CUTS BSKYB PRICE TARGET TO 680 (750) PENCE - 'SELL' <br />----------<br />BARCLAYS RAISES WHITBREAD PRICE TARGET TO Read More
LONDON (Alliance News) - Both the FTSE 100 and the FTSE 250 closed slightly higher Monday, despite being weighed upon by banking stocks, which fell in the aftermath of disappointing results from German lender Deutsche Bank. Meanwhile, trading volumes were low as Wall Street is closed for th Read More
LONDON (Alliance News) - UK stock lack direction Monday, with no data drivers ahead and the US markets closed for Martin Luther King Day. Banks continue to underperform, while precious metal miners have been boosted by a firmer gold price. With a quiet afternoon expected, investors are looking ah Read More