LONDON (Alliance News) - The major UK stock indices closed higher Wednesday, led by oil stocks as the worsening crisis in Iraq drove up oil prices, while trade on Thursday is set to be driven by the result of the US Federal Reserve's latest policy meeting later. The FTSE 100 closed Read More

MARKET COMMENT: FTSE 100 Closes Higher, Whitbread Jumps

17th Jun 2014 16:26

LONDON (Alliance News) - The FTSE 100 closed higher for the first time in three days Tuesday, having spent the day trading within a tight range, with hotels and coffee shops operator Whitbread one of the biggest gainers following an upbeat trading update. Whitbread, Read More

UK WINNERS & LOSERS: Xaar Plummets After Guidance Cut

17th Jun 2014 10:42

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Whitbread, up 3.1%. The Premier Inn hotels and Costa Coffee chain operator re Read More

PRESS: Shire Hires Citi To Prepare For Takeover Offers - Reuters

17th Jun 2014 10:27

LONDON (Alliance News) - Drug maker Shire PLC has hired Citigroup Inc as an advisor in anticipation of receiving takeover offers following a raft of deals in the healthcare sector, Reuters reported late on Monday, citing sources familiar with the matter. "Something could happen this year," Read More

MARKET COMMENT: UK Shares Firm As Inflation Falls To Multi-Year Low

17th Jun 2014 09:55

LONDON (Alliance News) - UK stocks trade modestly higher Tuesday, with a number of stand-out gainers supporting indices, while the pound has slipped against other major currencies after the headline rate in UK inflation fell to its lowest level for more than four-and-a-half years. The slim Read More

Shire To Conduct Studies Of Vyvanse For ADHD In Children Aged 4 And 5

12th Jun 2014 13:31

LONDON (Alliance News) - Shire PLC said Thursday that it had agreed to a written request from the US Food and Drug Administration to conduct studies into the potential use of Vyvanse for the treatment of attention deficit hyperactivity disorder, or ADHD, in children aged 4 to 5. It expects Read More

UK BROKER RATINGS: Goldman Sachs Swaps Sports Direct For ASOS

10th Jun 2014 09:06

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday afternoon: ---------- FTSE 100 ---------- SOCGEN RAISES WEIR GROUP TO 'HOLD' ('SELL') - TARGET 2600 (2300) PENCE ---------- TRADERS: EXAN Read More

MARKET COMMENT: FTSE 100 Led Higher By Mining Constituents

2nd Jun 2014 16:33

LONDON (Alliance News) - The FTSE 100 started the month on the front foot Monday, closing higher, after a gauge of China's factory activity rose to a five-month high in May, suggesting the world's second-largest economy is stabilising after a subdued start to the year. China's offic Read More

UK MIDDAY BRIEFING: Glaxo In Collaboration On Cancer Drugs

2nd Jun 2014 11:02

LONDON (Alliance News) - GlaxoSmithKline has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a Read More

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