LONDON (Alliance News) - Kentz Corporation Ltd Friday said that Chief Financial Officer Ed Power will step down on May 29 after reaching retirement age, and will be succeeded by former John Wood Group finance executive Meg Lassarat at that time. Lassarat has held senior finance positions wi 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) - A John Wood Group PLC joint venture has won an eight-year contract in Kazakhstan's Kashagan oil field, the company said in a statement Thursday. KTR-WG Turbine Services LLP, a joint venture between Wood Group GTS and KazTurboRemont, has been awarded a long-term serv Read More
LONDON (Alliance News) - <strong>Marks and Spencer</strong> Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.<br /><br />M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin Read More
LONDON (Alliance News) - John Wood Group PLC Wednesday said it has been awarded an engineering, procurement and construction services contract at the Gippsland Basin Joint Venture's projects in Victoria, Australia. The oil and gas engineering company said the contract, which is effective fr Read More
LONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.<br /><br />Goldman Sachs has added <strong>Go-Ahead</strong> Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp 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 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) - 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) - John Wood Group PLC said Tuesday it has acquired Canadian pipeline engineering company, Sunstone Projects Ltd, in a CAD14.5 million deal. Under the terms of the acquisition, the international energy services company said Sunstone will be rebranded as Wood Group Must Read More
LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More
LONDON (Alliance News) - John Wood Group PLC Wednesday said its joint venture Neal & Massy Wood Group has been awarded a master services agreement to deliver construction services to the Atlantic LNG Company of Trinidad and Tobago. The major engineering company said the joint venture betwee Read More
LONDON (Alliance News) - Enegi Oil PLC Tuesday said it, along with Advanced Buoy Technology Ltd, have agreed to extend an option agreement allowing Wood Group PSN, a division of John Wood Group PLC, the possibility to expand its participation in the development of a marginal field initiative. Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY CUTS UNITED UTILITIES TO 'EQUAL-WEIGHT' ('OVERWEIGHT') <br />----------<br />UBS STARTS RANDGOLD RESOURCES WIT Read More
LONDON (Alliance News) - The FTSE 100 is Tuesday threatening to snap the seven-day winning streak that took it to its highest close since 1999 Monday, hit by renewed concerns over growth in China.<br /><br />The index, like European peers, is down as investors take profits out of the recent ra Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Irish building-materials group<strong> CRH</strong> PLC said it swung to a loss in 2013, as bad weather hurt trading and it progressed with a re Read More
LONDON (Alliance News) - John Wood Group PLC said Tuesday its Wood Group PSN business has been awarded its first major UK contract of the year. The contract is a five year extension of a current contract with Talisman Sinopec Energy UK, valued at USD500 million and includes an option for tw Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES HAMMERSON PRICE TARGET TO 590 (569) PENCE - 'NEUTRAL' <br />----------<br />SOCGEN RAISES BHP BILLITON PRICE T Read More
LONDON (Alliance News) - UK stocks closed higher Tuesday, shaking off early weakness to extend their recent gains, with the FTSE 100 now above the level it started the year for the first time since January 23. <br /><br />The FTSE 100 and FTSE 250 both closed up for the third day in a row, whi Read More
LONDON (Alliance News) - The UK's inflation rate has fallen below the Bank of England's 2% target for the first time in more than four years Tuesday, a decrease that will support governor Mark Carney's recent prediction that the bank's interest rate won't rise for some time to come.<br /><br / Read More