LONDON (Alliance News) - The UK's main stock indices are lower Wednesday, weighed on by a number of disappointing corporate announcements, as well a revision downwards in the annual growth rate of the UK economy last year. By mid-morning Wednesday, the FTSE 100 is down 0.4% at 6,801.25, the Read More
LONDON (Alliance News) - Tesco PLC fired the opening salvo in a new supermarket price war Tuesday as it announced a multimillion-pound investment in price cuts, but big rival Asda immediately hit back, The Times reports Wednesday. Britain?s biggest supermarket was also forced to concede pub Read More
LONDON (Alliance News) - The UK's main stock indices closed higher Tuesday, with both the FTSE 100 and FTSE 250 closing up for a fifth consecutive day, as Federal Reserve Chair Janet Yellen suggested the central bank will continue to taper its quantitative easing programme in coming months. <p Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN RAISES SAINSBURY TO 'OUTPERFORM' ('MARKET-PERFORM.') - TARGET 430 PENCE <br />----------<br />UBS CUTS SSE SCOTTISH & Read More
LONDON (Alliance News) - UK shares have opened lower Tuesday amid continued worries about the US economy.<br /><br /><strong>Ocado</strong> shares are down 4.5% as it reported a wider pretax loss for 2013, though the online grocer said it expects to reach profitability this year.<br /><br />Br Read More
LONDON (Alliance News) - Lloyds Banking Group PLC Monday said it expects to make a "small" pretax profit for the full year ended December 31, 2013, after booking a further GBP1.93 billion in PPI and interest-rate-hedging product provisions. In a trading update ahead of the bank's full-year Read More
LONDON (Alliance News) - J Sainsbury PLC Thursday said outgoing Chief Executive Officer Justin King and Chief Financial Officer John Rogers, in addition to a group of other managers, acquired partnership shares at a price of 346.45 pence per share.<br /><br />Details are as follows.<br /><br / Read More
LONDON (Alliance News) - Shares are set to open flat Thursday, amid a busy day of corporate earnings and economic data. London is looking to perform better than US and Asian markets, which fell heavily overnight after the US Federal Reserve made a second taper to the size of its monthly bond buy Read More
LONDON (Alliance News) - UK stock indices slipped Wednesday as Turkish and South African central bank action failed to stop the emerging market currency route, and amid a global equity sell-off ahead of the US Federal Reserve policy announcement still to come Wednesday. In the UK, mining stocks w Read More
LONDON (Alliance News) - Supermarket operator<strong> J Sainsbury</strong> is the biggest faller on the FTSE100 Wednesday after the surprise resignation of long-time chief Justin King, while FTSE250-listed <strong>Carphone Warehouse</strong> is doing well after signing a deal to run the stores Read More
LONDON (Alliance News) - J Sainsbury PLC Wednesday said Chief Executive Officer Justin King will step down in July after 10 years at the helm and will be succeeded by Mike Coupe, currently the group's commercial director. The supermarket chain said King will stand down at the company's annu 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>Antofagasta</strong>, up 7%. The company said it has achieved record copper pro Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>J Sainsbury</strong> PLC Wednesday said Chief Executive Officer Justin King will step down in July after 10 years at the helm and will Read More
LONDON (Alliance News) - The UK's main stock indices are gaining Wednesday, led higher by mining stocks after two of the world's biggest miners, Anglo American and Antofagasta, announced positive production numbers. Global sentiment in equities in general has also been shored up, ahead of t Read More
LONDON (Alliance News) - J Sainsbury PLC Wednesday said Chief Executive Officer Justin King will step down in July after 10 years at the helm and will be succeeded by Mike Coupe, currently the group's commercial director. The supermarket chain said King will stand down at the company's annu Read More
LONDON (Alliance News) - Brand and product development company Litebulb Group Ltd Monday said it has signed a three-year deal with celebrity cook Mary Berry to produce a range of home food and cooking products. The group said the initial range of 26 lines will launch in J Sainsbury PLC supe 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