LONDON (Alliance News) - The UK's biggest retailer, Tesco, Wednesday reported a second consecutive decline in its annual trading profit as it was hit by lower sales in both the UK and Europe, and said it would respond to the growing encroachment by the discount retailers by in Read More

UPDATE: Weir Mulls Options As Metso Rejects Initial Takeover Proposal

16th Apr 2014 07:47

LONDON (Alliance News) - The Weir Group PLC Wednesday said there was no guarantee it would change the terms of its takeover approach to Metso Oyj, after the Finnish company rejected the approach, saying it wouldn't be in the best interests of its shareholders. Metso said it doesn't see any Read More

UK MORNING BRIEFING: RSA Loses UK & Western Europe Chief Executive

16th Apr 2014 07:33

LONDON (Alliance News) - RSA Insurance Group said Wednesday the Chief Executive of the business which houses its troubled Irish operations has resigned in order to become Executive Chairman, underwriting and distribution, at business partner A J.Gallagher. The company said UK & Western Euro Read More

REPEAT: Metso Says Board Rejects Weir's Proposal

16th Apr 2014 07:02

LONDON (Alliance News) - Metso Corporation, a process performance provider for mining, construction, and oil & gas industries, said Wednesday that its board has rejected Weir's proposal and sees no reason to begin talks regarding a potential combination. Metso's board carefully evaluated We Read More

Metso Says Board Rejects Weir's Proposal

16th Apr 2014 07:00

UK BROKER RATINGS: JPMorgan, Numis Raise Fresnillo Price Target

11th Apr 2014 09:21

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning: ---------- FTSE 100 ---------- GOLDMAN CUTS WOLSELEY PRICE TARGET TO 3535 (3569) PENCE - 'NEUTRAL' ---------- BERENBERG CUTS WEIR GROUP TO 'HOLD' ('BUY') --- Read More

UK BROKER RATINGS: Canaccord Raises Weir Group Target To 3,000p

2nd Apr 2014 09:09

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning: ---------- FTSE 100 ---------- JPMORGAN RESUMES STANDARD LIFE WITH 'OVERWEIGHT' ---------- CANACCORD CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 460 Read More

MARKET COMMENT: FTSE 100 Closes Higher On First Day Of New Quarter

1st Apr 2014 16:30

LONDON (Alliance News) -The FTSE 100 closed higher Tuesday, as positive US sentiment driven by comments from Federal Reserve Chair Janet Yellen suggesting the US economy will be supported for some time to come rolled through most of Asia and into the European session. Meanwhile, the Read More

UK MIDDAY BRIEFING: Weir Group Leads Flurry Of M&A Activity

1st Apr 2014 12:05

LONDON (Alliance News) - Weir Group's takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesday, with GKN acquiring the William's Formula 1 team parent's hybrid engine unit and Capita bo Read More

UK WINNERS & LOSERS: Babcock Rises Again; Weir Drops Sharply

1st Apr 2014 10:59

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS Aberdeen Asset Management, up 6.1%. The asset manager estimates net outflows slowed to ap Read More

TOP NEWS: Weir Group Confirms Merger Approach To Finland's Metso

1st Apr 2014 10:22

LONDON (Alliance News) - The following is a summary of top news stories Tuesday. ---------- COMPANIES ---------- The Weir Group PLC and Finland's Metso Oyj confirmed that Glasgow-based Weir has made an unsolicited proposal to Metso for a me Read More

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