UK AGM, EGM Calendar - Week Ahead
7th May 2014 15:49
LONDON (Alliance News) - <strong>HSBC Holdings</strong> Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.<br /><br />In a Read More
LONDON (Alliance News) - Rolls-Royce Holdings Wednesday said it has signed an agreement to sell its energy gas turbine and compressor business to German engineering firm Siemens AG in a deal worth GBP785 million in cash. The business being sold supplies aero-derivative gas turbines, compres Read More
LONDON (Alliance News) - Shares have opened lower Wednesday amid continued concerns about the deteriorating situation in Ukraine and some disappointing data from China and Europe.<br /><br />In his last annual results presentation as <strong>Sainsbury's</strong> chief executive, Justin King re Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG INITIATES CARNIVAL PLC WITH 'BUY' - TARGET 3,000 PENCE <br />----------<br />UBS RAISES ASTRAZENECA PRICE TARGET TO 4 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS WILLIAM HILL TO 'HOLD' ('BUY') <br />----------<br />GOLDMAN CUTS IMPERIAL TOBACCO TO 'BUY' ('CONVICTION BUY LI Read More
(An item published at 1134 BST misstated the units in the UK house price item. The correct version follows.) LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Centrica PLC-owned<strong> B Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Centrica PLC-owned<strong> British Gas</strong> has been forced to make GBP5.6 million in payments following errors in its switching and renewa Read More
LONDON (Alliance News) - UK shares have opened higher Thursday, following dovish minutes from the US Federal Reserve Wednesday and ahead of a Bank of England interest rate announcement.<br /><br />British retailer <strong>Marks and Spencer</strong> Group PLC said group sales rose 1.9% in the l Read More
LONDON (Alliance News) - John Wood Group PLC said Thursday its new Chairman, Ian Marchant, will be succeeded by David Woodward as Senior Independent non-executive Director. As previously announced, Marchant is set to become Chairman of the board upon the conclusion of the firms' 2014 Annual Read More
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