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
LONDON (Alliance News) - Engineering solutions firm Weir Group PLC Wednesday reported a fall in profit and revenue for the full year, as it was hit by challenging end-user markets, but said it expects to return to underlying growth in 2014. The company posted pretax profit of GBP418 million Read More
LONDON (Alliance News) - Shares have opened lower Wednesday ahead of UK GDP figures at 0930 GMT. <strong>ITV</strong> reported strong 2013 results and expressed confidence for 2014, but its shares are down 4.2% at the open on disappointment in the size of its special dividend.<br /><br / Read More
LONDON (Alliance News) - UK stocks are set to follow their US counterparts marginally lower Wednesday, as investors take their positions ahead of the latest UK GDP estimate later in the day. Wall Street closed slightly lower Tuesday after US consumer confidence fell by more than expected in Read More
LONDON (Alliance News) - The FTSE 100 closed down for the first time in eight days Tuesday, retreating from Monday's 14-year closing high, as renewed worries about Chinese economic growth weighed on stock markets in Asia and Europe. The Asian session saw the Hang Seng close down 0.3% and th Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning and Thursday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />S&P CAPITAL IQ RAISES ASTRAZENECA PRICE TARGET TO 3800 (3700) PENCE - 'HOLD' <br />----------<br />SO Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS WEIR GROUP PRICE TARGET TO 2335 (2500) PENCE - 'HOLD' <br />----------<br />SOCGEN INITIATES ITV WITH 'HOLD' - TA Read More
LONDON (Alliance News) - Bank of England Governor Mark Carney Friday signaled that rising productivity will now be the key factor that decides when the central bank will start to tighten monetary policy, and any tightening will be a slow, gradual process.<br /><br />In a speech at the World Ec Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Royal Mail</strong> PLC reported a 2% increase in like-for-like revenues for the first half of the year, driven by further growth in its Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Weir Group, up 0.2%. The engineering company said it had won a USD98 million, or GBP59 million, two-year contract to provide Read More
LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates.<br /><br /><strong>Royal Mail</strong> has reported a 2% increase in like-for-like revenues for th Read More
LONDON (Alliance News) - Weir Group PLC Friday said it had won a USD98 million, or GBP59 million, two-year contract to provide general maintenance services on Lukoil's West Qurna-2 oilfield in southern Iraq. The engineering company has invested over USD8 million in establishing a service ce Read More
LONDON (Alliance News) - Weir Group PLC Friday said it had won a USD98 million, or GBP59 million, two-year contract to provide general maintenance services on Lukoil's West Qurna-2 oilfield in southern Iraq. The engineering company has invested over USD8 million in establishing a service ce Read More