LONDON (Alliance News) - British gas parent Centrica has issued a profit warning Thursday, blaming the extreme winter weather in the US but mild conditions in the UK, as well as the intense pressure that's been put on energy providers in the UK in recent months by politicians Read More

UK WINNERS & LOSERS: Standard Chartered, Barclays Lead FTSE 100 Risers

8th May 2014 12:23

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Barclays, up 4.9%. Barclays has detailed plans to shrink its investment bank with a new round Read More

Schroder Real Estate Moves Closer To Selling Wembley Site To Unite

8th May 2014 09:23

LONDON (Alliance News) - Schroder Real Estate Investment Trust Limited said Thursday it has moved a step closer to selling its development scheme in Wembley, after The Unite Group PLC was granted planning consent for a 699-room student hall of residence at the site. On September 18, 2013, S Read More

Unite Group To Invest GBP40 Million In Upgrades As Demand Holds Firm

30th Apr 2014 13:36

LONDON (Alliance News) - Student accommodation provider Unite Group PLC Wednesday reported a strong performance across the business in 2014, with 73% of its rooms currently let for the 2014/15 academic year compared with 71% at the end of April 2013, as it outlined plans to invest around GBP40 mi Read More

UK MIDDAY BRIEFING: Sports Direct Plunges As Ashley Sells Small Stake

8th Apr 2014 12:18

LONDON (Alliance News) - Sports Direct International founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus. <b Read More

Unite Group Says UK Student Accommodation Fund Value Has Increased

8th Apr 2014 09:21

LONDON (Alliance News) - Student accommodation provider The Unite Group Tuesday said the value of its UNITE UK Student Accommodation Fund has increased to GBP853.6 million at the of March compared with GBP727.2 million in December. The Unite UK Student Accommodation Fund is an open-ended no Read More

UK MORNING BRIEFING: Bob Diamond Recruits CEO From Barclays

8th Apr 2014 07:29

LONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine. Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers w Read More

DIRECTOR DEALINGS: Unite Group CEO Sells Shares

7th Apr 2014 16:36

LONDON (Alliance News) - The Unite Group PLC Monday said Chief Executive Mark Allan sold 25,000 shares, with half sold at a price of 433.43 pence per share and the rest at 431.84 pence per share. Following this transaction, Allan now holds 416,593 shares, which represents less than a 1% sta Read More

UK MIDDAY BRIEFING: GlaxoSmithKline Investigates Iraq Allegations

7th Apr 2014 11:40

LONDON (Alliance News) - Pharmaceuticals giant GlaxoSmithKline has confirmed that is investigating allegations of improper conduct in its Iraq business. The Wall Street Journal had cited a person familiar with the matter saying that Glaxo was violating US and UK ant Read More

Unite's Oasis Capital Joint Venture Sells Assets, To Up Stake In GIC Venture

7th Apr 2014 11:22

LONDON (Alliance News) - Student accommodation developer Unite Group PLC Monday said its Oasis Capital joint venture has exchanged contracts to sell its three assets for GBP174 million, and it will use its GBP18 million share of the net proceeds to raises its stake in another joint venture to 50% Read More

UK MORNING BRIEFING: Shares Led Lower; Kentz Receives Contract

7th Apr 2014 07:38

LONDON (Alliance News) - Weak leads from the US and Asia have combined with continued tensions in the Ukraine to depress UK shares at the open Monday. Among UK corporate news at the start of the week, Kentz said it has been awarded a USD570 million services contract Read More

UK BROKER RATINGS: Jefferies Raises REIT Price Targets

1st Apr 2014 09:11

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning: ---------- FTSE 100 ---------- GOLDMAN RAISES INTL AIRLINES GROUP (IAG) PRICE TARGET TO 430 (420) PENCE - 'NEUTRAL' ---------- BARCLAYS CUTS PRUDEN Read More

REPEAT: UK MIDDAY BRIEFING: Babcock JV Wins GBP7 Billion Nuclear Contract

31st Mar 2014 12:50

LONDON (Alliance News) - Babcock International Group is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract. The joint venture with Fluo Read More

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