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

UK WINNERS & LOSERS: Miners Jump On Upbeat Chinese Data

2nd Jun 2014 10:39

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Anglo American, up 1.9%, Rio Tinto, up 1.7%, Glencore, up 1.4 Read More

TOP NEWS: UK Manufacturing Expands As Mortgage Approvals Shrink

2nd Jun 2014 09:50

LONDON (Alliance News) - The following is a summary of top news stories Monday. ---------- COMPANIES ---------- Lloyds Banking Group PLC has given TSB GBP450 million as part of its stock market floatation, the Daily Telegraph reported on Sa Read More

UK MORNING BRIEFING: Shares Open Higher On Positive Chinese Data

2nd Jun 2014 07:26

LONDON (Alliance News) - UK shares have opened slightly higher Monday on a good manufacturing PMI reading from China at the weekend and ahead of Thursday's European Central Bank meeting. Goldman Sachs likes the shares of UK estate agents, raising Countrywide to Buy Read More

St Modwen Bullish As Strong Trading Continues

2nd Jun 2014 06:43

LONDON (Alliance News) - St Modwen Properties PLC Monday said it still expects to report pretax profit for the first half of its financial year significantly up on the year-earlier period, after it continued to perform "strongly" over the past two months. In a statement, the property compan Read More

UK MIDDAY BRIEFING: Carphone In Talks To Sell French Mobile Venture

16th May 2014 12:10

LONDON (Alliance News) - Carphone Warehouse and Virgin Group are in exclusive talks to sell their Virgin Mobile France joint venture to Numericable Group for EUR325 million, just a day after Carphone announced its GBP3.6 billion merger with Dixons Retail. The joint Read More

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

16th May 2014 07:38

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday. Intertek leads the FTSE 100 fallers, Read More

St. Modwen Properties' Joint Venture Submits Planning Application For Covent Garden Market

16th May 2014 07:06

LONDON (Alliance News) - St. Modwen Properties PLC said Friday its 50:50 joint venture with VINCI PLC, VINCI St. Modwen, has submitted its planning application for the regeneration of the 57 acre New Covent Garden Market site in Nine Elms, London with its partner, Covent Garden Market Authority.< Read More

DIRECTOR DEALINGS: St. Modwen Non-Executive Buys 20,000 Shares

30th Apr 2014 14:05

LONDON (Alliance News) - St. Modwen Properties PLC Wednesday said non-executive Director Richard Mully bought 20,000 shares at a price of 366 pence per share which represents his only holding in the company. Shares in the real estate development company were down 0.5% at 365.30 pence Wednes Read More

DIRECTOR DEALINGS: St Modwen Properties Non-Executive Buys Shares

15th Apr 2014 15:38

LONDON (Alliance News) - St Modwen Properties PLC Tuesday said independent non-executive Director Lesley James bought 10,000 shares at a price of 366.40 pence per share. Following this transaction, James now holds 20,000 shares, which represents less than a 1% stake in the firm. The s Read More

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