LONDON (Alliance News) - Mumbai-headquartered Piramal Enterprises Ltd said in a statement Thursday that it had agreed to sell its entire 11% stake in Vodafone India Ltd to Vodafone Group PLC subsidiary Prime Metals Ltd. It will sell the stake for INR1,960 per share, a total of INR88.98 bill Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES RAISES PEARSON TO 'BUY' ('HOLD') - TARGET 1184 (1128) PENCE <br />----------<br />DEUTSCHE BANK INITIATES ROYAL MAIL W Read More
LONDON (Alliance News) - UK shares have opened slightly higher Friday, as the market awaits US jobs figures later in the day.<br /><br /><strong>Matomy Media</strong> Group Ltd became the first initial public offering to be pulled in London in 2014.<br /><br />The CFO role was front and centre Read More
LONDON (Alliance News) - The FTSE 100 reversed early gains to close slightly lower Thursday, as investors digested comments made by European Central Bank President Mario Draghi in the wake of the ECB's decision to keep its key interest rate unchanged.<br /><br />Meanwhile, some worse-than-expe Read More
LONDON (Alliance News) - Europe's largest home improvement retailer <strong>Kingfisher</strong> saw its shares rise Thursday after saying it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage for an overall enterprise vale of around EUR275 million.<br />< Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Shares in online takeaway service <strong>Just Eat</strong> PLC started conditional dealings respectably above its offer price, after it became Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Tullow Oil</strong>, up 4.9%. UBS has upgraded Tullow to Buy from Neutral. Following a sharp fall Read More
LONDON (Alliance News) - Stock indices across the UK and Europe are mixed Thursday, showing little reaction to Chinese stimulus measures, while the pound has fallen in the wake of weaker-than-expected UK service sector data, and the euro is flat as a pancake ahead of the European Central Bank ann Read More
LONDON (Alliance News) - UK shares have opened mixed, as markets seem unimpressed by economic stimulus measures announced by China and look ahead to the results of Thursday's European Central Bank meetings.<br /><br />Ahead of the ECB announcement at 1145 GMT, International Monetary Fund chief Read More
LONDON (Alliance News) - Vodafone PLC Thursday confirmed plans to invest GBP100 million in the UK to open 150 new retail shops and create 1,400 jobs, as it ramps up its investment programme in the country. Vodafone plans to invest GBP1 billion during 2014 in its UK networks and services. Vo Read More
LONDON (Alliance News) - UK stocks are set to open slightly higher Thursday, ahead of another busy day of economic data, with the European Central Bank in firm focus as the markets increasingly anticipate a policy shift to stem the rising euro and falling inflation. China announced slew of Read More
LONDON (Alliance News) - Vodafone Group PLC is to create 1,400 jobs and open 150 shops across the UK over the next 12 months, Reuters reported Thursday. The GBP100.0 million investment is part of Vodafone's expansion plans; the company plans to invest GBP1.00 billion in the UK in 2014, Reut Read More
LONDON (Alliance News) - Vodafone Group PLC said Monday that the following individuals, including Chief Executive Vittorio Colao, acquired shares at prices ranging from 219.095 pence to 220.470 pence per share between March 28 and March 31 following the sale of their shares in Verizon Wireless Read More
LONDON (Alliance News) - Vodafone Group PLC Thursday said non-executive Director Nick Land bought 13,000 shares at a price of 219.45 pence per share and now holds 32,090 share in total. Shares in the communications company were down 1.9% at 218.95 pence Thursday. By Arvind Bhunjun; ar Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET 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) - BT Group PLC Tuesday confirmed that it had inked a contract with EE Ltd to provide mobile virtual network operator services to its UK based customers and employees. Under the multi-year contract BT mobile customers will be able to access EE's 2G, 3G and 4G services. Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE <br />----------<br />JEFFERIES RAISES PRICE TARGET 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) - Vodafone Group PLC Friday said that employees, including its Chief Financial Officer Andy Halford, acquired shares in the company at a price of 228.95 pence per share under the company share incentive plan.<br /><br />Details are as follows.<br /><br /> <table class Read More