(Alliance News) - Stocks in London remained in the red at midday, but outperformed their European peers, as a pick up in UK private sector growth helped offset underwhelming earnings. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Wednesday announced a strategic shake-up, with the firm putting a number of brands on the chopping block. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Wednesday announced plans to streamline its business, which could see the sale of famous home care brands such as Air Wick and Calgon, as well as infant formula business Mead Johnson Nutrition. Read More
(Alliance News) - European equities got off to an underwhelming start on Wednesday, as poorly-received tech earnings after the closing bell in New York overnight kept a lid on enthusiasm, and reports from the continent largely failed to inspire confidence either. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Wednesday as US earnings overnight failed to improve sentiment, with both Tesla and Alphabet falling in after hours trade. Read More
Reckitt Benckiser Group PLC - Slough, England-based consumer goods maker - Says tornado hits a warehouse used by its Mead Johnson Nutrition business in Mount Vernon, Indiana. All employees are safe but the warehouse, which stores both raw materials and finished products, suffers "significant damage" and its not operational. Reckitt says it has diverted all inbound deliveries to its other warehouses in the US. "Whilst Nutrition sales will likely be affected in the short term, we are working closely with all our stakeholders including customers and suppliers, to minimise disruption," the company says. It adds that insurance is expected to offset any impact on earnings. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Shares in Indivior PLC plunged on Tuesday after it flagged lower than expected sales of its opioid treatment, Sublocade, and said it expects to take a charge relating to schizophrenia drug, Perseris. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Shares in Reckitt Benckiser Group PLC on Tuesday rose after the Financial Times reported an activist investor has built a stake in the company. Read More
(Correcting London Stock Exchange index prices.) Read More
(Alliance News) - Stock prices in Europe were lower heading into Tuesday afternoon, with shares in New York also set for a muted open, as a recent rally for equities takes a pause. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Alliance Pharma PLC - Chippenham, Wiltshire-based distributor of consumer healthcare brands and prescription medicines - Shares close down 14% in London on Wednesday, after Alliance Pharma says Chief Executive Officer Peter Butterfield has decided to leave the company "to pursue other business interests". Following a "comprehensive" search process, it appoints Nick Sedgwick as new CEO, starting on Monday next week. Sedgwick has 30 years experience in consumer health, Alliance Pharma says, most recently as regional director for UK & Ireland Consumer Health at Reckitt Benckiser Group PLC. Butterfield will remain with Alliance Pharma until June 30 to facilitate a "thorough" handover, it says. Butterfield joined the board in 2010 and became CEO in 2018. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates. Read More
(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates. Read More