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
LONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine.<br /><br /><strong>Barclays</strong> 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
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
LONDON (Alliance News) - Pharmaceuticals giant <strong>GlaxoSmithKline</strong> has confirmed that is investigating allegations of improper conduct in its Iraq business.<br /><br />The Wall Street Journal had cited a person familiar with the matter saying that Glaxo was violating US and UK ant Read More
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
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.<br /><br />Among UK corporate news at the start of the week, <strong>Kentz</strong> said it has been awarded a USD570 million services contract Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTL AIRLINES GROUP (IAG) PRICE TARGET TO 430 (420) PENCE - 'NEUTRAL' <br />----------<br />BARCLAYS CUTS PRUDEN Read More
LONDON (Alliance News) - <strong>Babcock International Group</strong> 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.<br /><br />The joint venture with Fluo Read More
LONDON (Alliance News) - <strong>Babcock International Group</strong> 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.<br /><br />The joint venture with Flou Read More
LONDON (Alliance News) - UK manager and developer of student accommodation UNITE Group PLC Monday said that the UNITE Student Accommodation Fund successfully raised GBP106 million of new equity last week, which it will use to reduce leverage and as well as potential future acquisitions. USA Read More
LONDON (Alliance News) - Shares have opened higher Monday ahead of a week with a full calendar of economic data reports scheduled.<br /><br /><strong>Rolls-Royce</strong> Holdings PLC said it has won a deal worth more than USD50 million to support the US Marines Corps' fleet of KC-130J air-to- Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More
LONDON (Alliance News) - Unite Group PLC Tuesday said it had succeeded in raising gross proceeds of about GBP100 million through a share placing and open offer. The company had announced March 6 that it wanted to raise the money so that it could increase its stake in the the Unite UK Studen Read More
LONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.<br /><br />Europe's largest home improvement retailer<strong> Kingfisher</strong> gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.9%. The bank plans to solicit offers for its index busi Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Smiths Group</strong> PLC raised its interim dividend and announced the expansion of its investment programme 'Fuel For Growth', altho Read More
LONDON (Alliance News) -Shares have opened mostly flat Wednesday ahead of UK jobs figures and budget statement.<br /><br />Shares of FTSE 100 engineering firm <strong>Smiths Group</strong> were down 4.0% at the open, as it reported lower pretax profit due to the company's Medical and Defence b Read More
LONDON (Alliance News) - Unite Group PLC said Wednesday it has received planning approval for the development of a new student property in Islington, central London. The FTSE 250-listed student accommodation developer and manager said the new site will comprise of 900 beds, with the 260,000 Read More
LONDON (Alliance News) - The Unite Group PLC Tuesday said Chief Executive Mark Allan transferred 135,000 shares at no cost to his wife Joanna Elisabeth Alexandra Hellen. Following this transfer, Allan's holding is unchanged at 429,397 shares representing approximately 0.24% of the total iss Read More
(An item published at 1234 GMT misstated the ECB interest rate. The correct version follows.) LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the i Read More