LONDON (Alliance News) - Ultra Electronics Holdings PLC said Thursday its 3 Phoenix business had been awarded three contracts worth over USD21 million by the US Navy. Under the contracts, the company will work on projects for torpedo-warnings systems, submarine-towed anti-submarine warfare Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: UBS RAISES IMPERIAL TOBACCO TARGET TO 2,750 (2,500) PENCE - 'BUY' <br />----------<br />BERNSTEIN RAISES BP PRICE TARGE Read More
LONDON (Alliance News) - Ultra Electronics Holdings PLC Tuesday said a number of its executives acquired partnership shares through its all-employee share ownership plan at a price of GBP17.12 per share Friday. Managing Director of Information & Intelligence Systems Mike Clayton acquired 24 Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugs company<strong> AstraZeneca</strong> PLC set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urgi Read More
LONDON (Alliance News) - UK shares have opened marginally higher Tuesday despite growing tensions in Ukraine but following a modestly positive lead from Wall Street on Monday.<br /><br />Several major UK companies have provided quarterly updates early Tuesday.<br /><br /><strong>Barclays</stro Read More
LONDON (Alliance News) - Ultra Electronics Holdings PLC Tuesday said it had bought aerospace products manufacturer ICE Corporation Inc for up to USD11.6 million, an acquisition that will add to Ultra's earnings and further boost its presence in the US market. In a statement, Ultra said it w Read More
LONDON (Alliance News) - <strong>GlaxoSmithKline</strong> PLC Wednesday reported a drop in revenue and net profit for the first quarter due to asset sales and a decline in sales of pharmaceuticals in the US, but the company also raised its dividend and reiterated its full-year profit guidance Read More
LONDON (Alliance News) - Ultra Electronics Holdings PLC Wednesday maintained its expectations for the full year in a statement ahead of its annual general meeting Wednesday. The defence, security, transport and energy company said that it expects US defence priorities to become clearer duri Read More
(An item published at 0745 BST misstated the time GlaxoSmithKline is due to release its first-quarter results. The correct time follows.) Pharmaceutical giant GlaxoSmithKline is due to publish its first quarter results at 1100 GMT. By James Kemp; [email protected]; @jamespkem Read More
LONDON (Alliance News) - Shares have opened flat to higher Wednesday ahead of big day of economic data in Europe and the US, as well as the results of the US Federal Open Market Committee meeting.<br /><br />Clothing and homeware retailer <strong>Next</strong> PLC raised its profit and sales g Read More
LONDON (Alliance News) - UK equities are set to open flat to slightly lower Wednesday, following some strong gains posted on Tuesday, as investors take their positions ahead of important macro economic releases from Europe and the US. Meanwhile, market participants in London face another da Read More
LONDON (Alliance News) - The FTSE 100 closed higher for the second day in a row Tuesday, ending the day at its highest closing level since March 6, buoyed in part by a strong performance by oil major BP and drugs company Shire.<br /><br />Meanwhile, it was a volatile day for the pound. Sterlin Read More
LONDON (Alliance News) -<strong> AstraZeneca</strong> has led the FTSE 100 all Monday morning after US drugs giant Pfizer confirmed that it has now twice approached British peer with a takeover proposal.<br /><br />Pzifer said it is considering its options after being rebuffed for a second tim Read More