UK MIDDAY BRIEFING: Rolls-Royce To Return Cash To Shareholders
19th Jun 2014 12:22
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Rolls-Royce</strong> Holdings PLC moved to appease investors unhappy with the company's recent outlook downgrade, saying it will return Read More
LONDON (Alliance News) - UK shares have opened strongly higher Thursday, and the pound has broken above USD1.70, following a well-received US Federal Reserve meeting.<br /><br /><strong>Rolls-Royce</strong> Holdings leads FTSE 100 gains after saying it will return cash to shareholders through Read More
LONDON (Alliance News) - Online sales retailer MySale Group PLC Thursday said it was open to creating a joint venture in Australasia and Asia with its new investor Sports Direct International PLC. The news comes just a day after Sports Direct, the UK's biggest sporting goods retailer by rev Read More
LONDON (Alliance News) - The UK's biggest sporting goods retailer by revenue, Sports Direct International PLC, Wednesday said it has bought a 4.8% stake in recently-listed online sales retailer MySale Group PLC, and potentially wants to work with it on developing a Sports Direct offering in Austr Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />SOCGEN RAISES WEIR GROUP TO 'HOLD' ('SELL') - TARGET 2600 (2300) PENCE <br />----------<br />TRADERS: EXAN Read More
LONDON (Alliance News) - UK shares have opened mixed Tuesday, with AIM marginally outperforming larger stocks.<br /><br />Goldman Sachs joined other brokers in issuing positive notes about AIM giant <strong>ASOS</strong> following its recent share price decline. Goldman added ASOS to its Convi Read More
LONDON (Alliance News) -<strong> Lloyds Banking Group</strong> Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />COMPANIES<br />----------<br /><strong>Lloyds Banking Group</strong> set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 penc Read More
LONDON (Alliance News) - UK shares have opened fractionally higher Monday following rising markets in Asia and a higher close on Wall Street on Friday. China reported strong trade figures for May on Sunday, lending Monday a positive tone.<br /><br /><strong>Lloyds Banking</strong> will price t Read More
LONDON (Alliance News) - Sports Direct International PLC said Monday it is once again seeking shareholder approval for a bonus share scheme for executives, including founder and Deputy Chairman Mike Ashley, which could net them up to 25 million new shares contingent on performance targets. Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES JOHNSON MATTHEY PRICE TARGET TO 3980 (3600) PENCE - 'NEUTRAL' <br />----------<br />TRADERS: JPMORGAN ADDS AB FOO Read More
LONDON (Alliance News) - UK shares have opened mixed Friday, with mid- and small caps posting small gains while the FTSE 100 has started lower.<br /><br /><strong>Smiths Group</strong> and <strong>Tullow Oil</strong> are depressing the blue-chip index, as Smiths warned about the results of one Read More
LONDON (Alliance News) - Mike Ashley, the founder and deputy chairman of Sports Direct International PLC, is close to a deal to acquire around 30 LA Fitness gyms, which would see the company break into the health and fitness industry, Sky News reported Wednesday. Ashley has sanctioned a mov Read More
LONDON (Alliance News) - <strong>Associated British Foods</strong> said Wednesday profit for the first half of the year increased, driven primarily by sales at its low-cost fashion retail chain Primark, which more than offset a substantial hit to its sugar business.<br /><br />The food, ingred 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>Associated British Foods</strong>, up 8.9%. The food, ingredients and retail group r Read More
LONDON (Alliance News) - Sports Direct International PLC Wednesday said it delivered double digit growth in its gross profit and sales in the last nine weeks of its financial year, driven by strong retail growth both in its stores and online. Sports Direct, the UK's biggest sports goods ret Read More
LONDON (Alliance News) - UK stocks are set to open flat to slightly lower Wednesday, following strong gains posted in the large- and mid-cap indices on Tuesday, as investors await a raft of data from the UK, eurozone and US. Europe's major equity indices advanced strongly Tuesday, buoyed by Read More
LONDON (Alliance News) - UK equities closed mixed Tuesday, with large- and mid-cap stocks outperforming their smaller peers to end the day in positive territory for the third trading day in a row, as individual company news took centre stage.<br /><br />Following a four-day Easter break, Londo Read More