LONDON (Alliance News) - Outsourcing company Serco Group PLC Tuesday reported a sharp drop in 2013 pretax profit due to its well-publicised issues with certain UK government contracts and the reputational damage that inflicted, and it said its outlook for 2014 remains challenging too, particularl Read More
LONDON (Alliance News) - Shares have rebound at the open Tuesday, amid reports that Russian President Vladimir Putin has order troops near the Ukraine back to their bases. <br /><br />Miner <strong>Fresnillo</strong> is down 6.8% at the open as it reported profit more than halved in 2013, thou Read More
LONDON (Alliance News) - Stocks across Europe are set to open higher Tuesday, amid reports that Russian President Vladimir Putin has ordered Russian military units back to their permanent bases. Stocks fell sharply around the world on Monday, with the FTSE 100 losing almost 1.5%, amid inv Read More
LONDON (Alliance News) - Stock markets tumbled around the world Monday, as investors sold equities in favour of safe haven assets such as gold and the US dollar amid concern over the fast moving situation in Ukraine. Although macro economic data releases have been broadly positive, stock indices, Read More
LONDON (Alliance News) - UK stocks have had a mixed day Friday, as the UK market once again gets pulled out of an early slump to close almost flat after a positive open on Wall Street. US stocks are continuing to push to new highs after the close of European markets, despite the ongoing situation Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 5.1%. The life-insurance and investment company said its 2 Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Mondi</strong> PLC said underlying operating profit was up 22% for the year, convincingly beating 2012 results, as the firm delivered a " Read More
LONDON (Alliance News) - Struggling outsourcing company Serco Group PLC Friday said it had poached the chief executive of Aggreko PLC to be its next boss, tasking him with the revival of the business after its recent government contract woes. In a statement, Serco said Rupert Soames, one of Read More
LONDON (Alliance News) - UK and European stocks are mixed Friday, while the euro has received a boost as eurozone inflation remains stable, suggesting the European central bank is likely to keep policy unchanged at next week's rate setting meeting. Stock markets continue to trade cautiously Read More
LONDON (Alliance News) - UK shares are adding to their gains at the open Friday amid some positive UK and European economic data. <br /><br />Troubled FTSE 250 outsourcing firm<strong> Serco</strong> is up 10% after pulling off something of a coup by recruiting the CEO of FTSE 100 temporary po Read More
LONDON (Alliance News) - Struggling outsourcing company Serco Group PLC Friday said it had poached the chief executive of Aggreko PLC to be its next boss, tasking him with the revival of the business after its recent government contract woes. In a statement, Serco said Rupert Soames will ta Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RAISES LLOYDS TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 95 (84) PENCE <br />----------<br />SOCGEN RAISES LLOYDS PRICE TARGE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS CUTS BG GROUP PRICE TARGET TO 1350 (1370) PENCE - 'EQUAL WEIGHT' <br />----------<br />BARCLAYS RAISES RSA INSURANCE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS WEIR GROUP PRICE TARGET TO 2335 (2500) PENCE - 'HOLD' <br />----------<br />SOCGEN INITIATES ITV WITH 'HOLD' - TA Read More