LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More
LONDON (Alliance News) - Rolls-Royce Holdings PLC Friday said it had won orders from a variety of international customers for its offshore ship designs and equipment worth more than GBP60 million. In a statement, the aircraft engine and ship propulsion maker said the deals include five Roll Read More
LONDON (Alliance News) - Rolls-Royce Holdings PLC Thursday said a group of executives acquired shares under the 2012 Performance Related Award plan at a price of 1015.81 pence per share Wednesday, with some of them selling the allocation.<br /><br />Details are as follows. <table class="bh" Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS HSBC PRICE TARGET TO 630 (665) PENCE - 'NEUTRAL' <br />----------<br />LBBW CUTS HSBC PRICE TARGET TO 650 (690) PENCE Read More
LONDON (Alliance News) - Rolls-Royce Holdings PLC Wednesday said shares were awarded to executive directors and others in the company at a price of 984.40 pence per share as part of its Deferred Share Bonus Plan. Details are as follows: <br /><br /> <table class="ao" cellspacing="0" cellpad Read More
LONDON (Alliance News) - <strong>HSBC Holdings</strong> Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.<br /><br />In a Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Legal & General</strong> Group, up 3.2%. The group said it expects to write more Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>HSBC Holdings</strong> PLC reported a 20% drop in first-quarter pretax profit driven by a poor performance in its heartland of Asia, p Read More
LONDON (Alliance News) - Rolls-Royce Holdings Wednesday said it has signed an agreement to sell its energy gas turbine and compressor business to German engineering firm Siemens AG in a deal worth GBP785 million in cash. The business being sold supplies aero-derivative gas turbines, compres Read More
LONDON (Alliance News) - Shares have opened lower Wednesday amid continued concerns about the deteriorating situation in Ukraine and some disappointing data from China and Europe.<br /><br />In his last annual results presentation as <strong>Sainsbury's</strong> chief executive, Justin King re Read More
LONDON (Alliance News) - UK stocks are set to follow their Asian and US counterparts lower Wednesday after the FTSE 100 snapped a five-day losing streak to close modestly lower on Tuesday. Major European indices all closed in negative territory on Tuesday, with the FTSE 100 closing down 0.4 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: NUMIS RAISES MELROSE INDUSTRIES TO 'HOLD' ('REDUCE') <br />----------<br />TRADERS: SOCGEN RAISES RBS PRICE TARGET TO Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3775 (3570) PENCE - 'HOLD' <br />----------<br />BERNSTEIN RAISES ASTRAZENECA PRICE Read More
LONDON (Alliance News) - London's major stock indices closed higher and the pound reached a fresh multi-year high against the dollar Thursday, as UK data showed the manufacturing sector expanding quickly and the housing market continuing to boom.<br /><br />The UK's main stock indices opened h Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> kicked off the first-quarter bank earnings season Thursday, reporting that its pretax profit dropped by a third to GBP1.37 billion after last year was buoyed by gains on the sale of government securities.<br /><br />However, its un Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Lloyds Banking</strong> Group, up 4.8%. The banking group is the biggest riser in the Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC said its first-quarter pretax profit fell to GBP1.37 billion from GBP2.04 billion a year earlier, whe Read More
LONDON (Alliance News) - Rolls-Royce Holdings PLC Thursday said it still expects to post flat revenue and profit in 2014, excluding a hit from exchange rate movements and a charge for its marine division, even though it has now also cut its profit guidance for that unit. In a statement, the Read More
LONDON (Alliance News) - UK shares have opened higher Thursday amid holidays across Asia and Europe. The US Federal Reserve late Wednesday continued to taper its bond-buying programme, showing confidence in the US economic recovery despite a weak GDP reading earlier in the day.<br /><br /><str Read More
LONDON (Alliance News) - UK stocks are set to open flat to slightly higher Thursday, following a modestly higher close on Wall Street on Wednesday, as investors continue to digest a much weaker-than-expected US gross domestic product report that was followed by the decision by the Federal Reserve Read More