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
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
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
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RESUMES STANDARD LIFE WITH 'OVERWEIGHT' <br />----------<br />CANACCORD CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 460 Read More
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.<br /><br />Meanwhile, the Read More
LONDON (Alliance News) - <strong>Weir Group</strong>'s takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesday, with <strong>GKN</strong> acquiring the William's Formula 1 team parent's hybrid engine unit and <strong>Capita</strong> bo Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Aberdeen Asset Management</strong>, up 6.1%. The asset manager estimates net outflows slowed to ap Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />The <strong>Weir Group</strong> PLC and Finland's Metso Oyj confirmed that Glasgow-based Weir has made an unsolicited proposal to Metso for a me Read More
LONDON (Alliance News) - The Weir Group PLC and Finland's Metso Oyj confirmed Tuesday that Glasgow-based Weir has made an unsolicited proposal to Metso for a merger that would be worth about GBP8.36 billion. The FTSE 100 engineering firm has a market capitalisation of GBP5.41 billion, while Read More
LONDON (Alliance News) - Finland's Metso Oyj confirmed Tuesday receiving an unsolicited merger proposal from the UK's Weir Group PLC. However, Metso said it is currently not, and has not been, engaged in discussions with Weir, as it is still in the process of considering Weir's proposal.</p Read More
LONDON (Alliance News) - UK shares have opened mostly higher Tuesday, following through on a strong close in NY and dovish comments from the US Federal Reserve chair.<br /><br /><strong>Rathbone Brothers</strong> has made waves early Tuesday, announcing two major acquisitions and a share placi Read More
LONDON (Alliance News) - The Weir Group PLC is in talks for an GBP8.5 billion merger with a Finnish rival, The Times newspaper reported Tuesday. The Glasgow-based engineering firm is in talks with Helsinki-listed Metso Oyj, The Times said. Weir has a market capitalisation of GBP5.41 b Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN CUTS RSA INSURANCE PRICE TARGET TO 115 (130) PENCE - 'OUTPERFORM' <br />----------<br />CITIGROUP CUTS RSA INSURANCE P Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES RAISES MAN GROUP TO 'HOLD' ('UNDERPERFORM') <br />----------<br />BARCLAYS RAISES MAN GROUP PRICE TARGET TO 108 (94) P Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY RAISES WEIR PRICE TARGET TO 2250 (2040) PENCE - 'EQUAL-WEIGHT' <br />----------<br />UBS RAISES WEIR GROUP PRIC Read More
LONDON (Alliance News) - UK stock indices opened lower Wednesday and never recovered. While a busy day of corporate news provided some stand-out movers, a number of stocks going ex-dividend provided a drag, while a small downgrade to the UK's 2013 GDP numbers appeared to keep overall sentiment ne Read More
LONDON (Alliance News) - ITV reported higher profits and revenues for 2013 and gave a bullish outlook for 2014, but has seen its shares punished Wednesday after it failed to increase its special dividend. The television company raised its total dividend for 2013 to 3.5 pence, from 2.6 pence 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>Weir</strong> Group, up 6.5%. Despite reporting a fall in profit and revenue fo Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Online domestic appliances retailer <strong>AO World</strong> PLC set the price for its upcoming initial public offering at 285 pence a share, Read More
LONDON (Alliance News) - The UK's main stock indices are lower Wednesday, weighed on by a number of disappointing corporate announcements, as well a revision downwards in the annual growth rate of the UK economy last year. By mid-morning Wednesday, the FTSE 100 is down 0.4% at 6,801.25, the Read More