LONDON (Alliance News) - The UK's biggest retailer, <strong>Tesco</strong>, 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

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