LONDON (Alliance News) - UK stocks are trading mixed Wednesday, as investors remain wary ahead of major risk events still to come this week, in the form of the European Central Bank policy decision on Thursday and the US jobs report on Friday. By mid-morning Wednesday, the FTSE 100 is down Read More
LONDON (Alliance News) - Tesco PLC reported Wednesday a sharp drop in sales in the first quarter of its new financial year, as Britain's biggest supermarket chain said it was hit hard by deep price cuts across the business and by the acceleration of its store refit programme, while warning of mor Read More
LONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.<br /><br />Starting the trading day on a negative note, <strong>Tesco</strong> PLC reported a sharp drop in sales in the Read More
LONDON (Alliance News) - UK stocks are set to open broadly flat Wednesday following a disappointing session for US equities on Tuesday as well as for Asian markets overnight, and ahead of the Queen's Speech and UK service sector PMI data later in the morning. US markets broke their recent w Read More
LONDON (Alliance News) - Stocks across the UK and Europe slipped lower Tuesday amid a busy day of macroeconomic data that leaves the focus squarely on the European Central Bank's upcoming policy announcement on Thursday. European markets failed to take a lead from a broadly positive Asian s Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from heavy discounters Aldi and Lidl, new data showed Tuesday, and the price war that has ensued as the big chains try to win back customers means the broader market is growing at the slowest rate for more Read More
LONDON (Alliance News) - <strong>Wolseley</strong> is the biggest gainer on the FTSE 100 Tuesday after the plumbing and heating products distributor reported higher trading profit for its fiscal third quarter, driven by strong growth in the US and Nordic countries.<br /><br />However, adverse Read More
LONDON (Alliance News) - The UK's biggest four supermarket chains continue to face pressure from the heavy supermarket discounters Aldi and Lidl, while a slowdown in the UK grocery market hit its lowest level for more than 11 years, as the supermarket price war and the "pricing race to the bottom Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Wolseley</strong>, up 2.7%. The plumbing and heating products distributor is one of ju Read More
LONDON (Alliance News) - Stocks are are broadly lower across the UK and Europe Tuesday, amid a busy morning of economic data that looks like to pile pressure on European Central Bank President Mario Draghi to take action at a highly anticipated policy meeting on Thursday. Eurozone consumer Read More
LONDON (Alliance News) - Tesco PLC said Monday that on May 23 a group of executives including Chief Executive Phillip Clarke and Financial Officer Laurie McIlwee were awarded shares at a price of 307.15 pence each under the company's share incentive plan.<br /><br />The awards were as follows: Read More
LONDON (Alliance News) - The UK's leading stock index is trading higher Monday, with the mining sector leading the gains after an improved Chinese manufacturing PMI was released on Sunday, while the picture in Europe is more mixed as Markit PMI readings released across the region Monday have been Read More
LONDON (Alliance News) - British supermarket chain Tesco PLC confirmed Monday it has signed a deal with House of Fraser which will see Tesco sell the UK department store chain's homeware products through the Tesco website. Tesco said it has partnered with House of Fraser to sell over 2,000 Read More
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.<br /><br />Goldman Sachs likes the shares of UK estate agents, raising <strong>Countrywide</strong> to Buy Read More
LONDON (Alliance News) - British supermarket chain Tesco PLC has signed a deal with UK department store chain House of Fraser, which will see Tesco sell the retailer's products through its website, the Mail on Sunday reported without saying where it got the information. The deal will extend Read More