LONDON (Alliance News) - UK stocks indices struggled to get off the ground Friday, although the FTSE 100 has gained more than 1% over the week, to close at nearly an 8-month high, buoyed by an upgrade to global growth forecasts. The pound has also regained ground against other major currencies Fr Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />SOCGEN STARTS MORRISON WITH 'SELL' - TARGET 200 PENCE <br />----------<br />SOCGEN CUTS PRICE TARGET TESCO TO 270 (290) PENCE - Read More
LONDON (Alliance News) - A raft of strong trading updates from retailers including Primark, Dixons, Home Retail, and Halfords effectively brought the Christmas retail reporting season to a close Thursday, and confirmed that the period had been positive overall despite weak trading for some of Read More
(Correcting US CPI forecasts). LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morni 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>Rio Tinto</strong>, up 3.8%. The mining company has reported that it has increas Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Rio Tinto</strong> PLC said it has increased production for iron ore and other metals, achieved record shipment numbers and slashed its Read More
LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morning Thursday, the FTSE 100 is down 0.1 Read More
LONDON (Alliance News) - Rio Tinto PLC Thursday said it has increased production for iron ore and other metals, achieved record shipment numbers and slashed its annual costs. The major Anglo-Australian miner said it produced 70.4 million tonnes of iron ore in its fourth quarter ending Decem Read More
LONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.<br /><br />In another surprise from Mike Ashley,<strong> Sports Direct</strong> International said it has sold its 4.6% stake in <stro Read More
LONDON (Alliance News) - Anglo-Australian mining giant Rio Tinto PLC reported Thursday a six percent increase in global iron ore production for the fourth quarter, reflecting the expansion of mining operations in the Pilbara region. Shipments also grew 8% to a record amid continued demand from Ch Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The UK inflation rate has fallen back to the Bank of England's 2.0% target for the first time since 2009 after easing unexpectedly in December, welcome news for both the central bank and the government.<br /><br />The Consumer Price Index hit 2% for the first time sinc Read More
LONDON (Alliance News) - Rio Tinto PLC has acquired 511.0 million shares in Turquoise Hill Resources Ltd for a payment of CAD1.3 million or CAD2.53 per share. The major mining company said Tuesday the acquisition represents roughly 50.8% of the shares offered as part of a rights offering se Read More