LONDON (Alliance News) - The National Audit Office said on Tuesday said that the privatisation of Royal Mail PLC did not achieve the best value for the taxpayer. The spending watchdog said the government's "deep caution" and emphasis on completing the sale within this parliament led to a sa Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br 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 /><strong>Kingfisher</strong>, up 6.6%. The home improvement retailer has reported an incre Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>RSA Insurance</strong> Group PLC launched a GBP773.0 million fully-underwritten, discounted rights issue in order to shore up its balanc Read More
LONDON (Alliance News) - UK stocks trade firmly higher Tuesday, retaking the modest declines posted Monday, while the pound has jumped in the wake of UK inflation data for February. By mid-morning, the FTSE 100 is up 1% at 6,587.4, the FTSE 250 is up 0.6% at 16,120.88, and the AIM All-Share Read More
LONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.<br /><br />Europe's largest home improvement retailer<strong> Kingfisher</strong> gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu Read More
LONDON (Alliance News) - Royal Mail PLC said Tuesday it will commence a formal consultation with unions Unite and Communication Workers Union with a proposal to cut 1,600 jobs and create approximately 300 new or enhanced roles as part of its continued efficiency programme. The recently list Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES MEGGITT TO 'BUY' ('NEUTRAL') - TARGET 520 (530) PENCE <br />----------<br />BARCLAYS CUTS RBS TO 'EQUAL WEIGHT' ('OVE Read More
LONDON (Alliance News) - Shares have opened higher Friday, following gains in the US and Asia overnight, as the London market looked to take back its recent losses while still digesting the UK budget, US central bank comments, and the situation in Ukraine.<br /><br /><strong>BG Group</strong> Read More
LONDON (Alliance News) - Housebuilder Barratt Developments PLC Tuesday said it has appointed John Allan as non-executive chairman replacing Bob Lawson who will retire in November. Allan, who will join the board as a non-executive director from August, is currently chairman of Dixons Retail Read More
LONDON (Alliance News) - Major stock indices in the UK and Europe are slightly lower Friday ahead of key US jobs data later, while the pound briefly gained against other major currencies after UK consumer inflation expectations dropped to their lowest level in four years. By mid-morning Fri Read More
LONDON (Alliance News) - Major stock indices are continuing to push higher and are now broadly flat over the week so far, having retraced most of Monday's heavy sell-off. The US market is expected to open in an even-more buoyant mood, with indices expected to erase all of Monday's losses at Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS PEARSON PRICE TARGET TO 1,200 (1,400) PENCE - 'BUY' <br />----------<br />SOCGEN CUTS PEARSON PRICE TARGET TO 1030 (12 Read More
LONDON (Alliance News) - Shares have rebound at the open Tuesday, amid reports that Russian President Vladimir Putin has order troops near the Ukraine back to their bases. <br /><br />Miner <strong>Fresnillo</strong> is down 6.8% at the open as it reported profit more than halved in 2013, thou Read More
LONDON (Alliance News) - Royal Mail PLC Friday said that regulator Ofcom had opened an investigation after rival TNT Post UK complained about changes to the contracts that Royal Mail imposes on rivals and big businesses for using its delivery services. In January, Royal Mail had said it wou Read More
LONDON (Alliance News) - Mail, parcels and logistics group DX Group PLC confirmed Thursday it plans to float on the London Stock Exchange's Alternative Investment Market. DX will join Royal Mail PLC and UK Mail Group PLC as a London-listed postal company with an initial public offering led Read More
LONDON (Alliance News) - Mail, parcels and logistics group DX Group PLC confirmed Thursday it plans to float on the London Stock Exchange's Alternative Investment Market. DX will join Royal Mail PLC and UK Mail Group PLC as a London-listed postal company with an initial public offering led Read More
LONDON (Alliance News) - Hargreaves Lansdown PLC shares were down sharply Wednesday afternoon after a strong rise in its first-half profits and revenues failed to meet the lofty expectations of the market and the Chief Executive warned that it faced a hit to short-term profits if interest rates r Read More
LONDON (Alliance News) - Royal Mail PLC Monday said its workers have accepted a pay increase of about 9% over the next three years plus guarantees over some rights and protections in return for agreeing to curbs to their rights to strike. The deal was agreed by member of the Communication W 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