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
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal Read More
LONDON (Alliance News) - Despite a positive open Tuesday, UK stock indices are mixed mid-morning, while the pound is lower against other major currencies after official data showed UK inflation fell below the 2.0% target for this first time since 2009 in January. By mid-morning January, the Read More
LONDON (Alliance News) - John Wood Group PLC Tuesday said it has performed well in 2013, with strong pretax profit driven by higher revenues and margins, however it warned of a fall in profits in its engineering unit during 2014 as expected. The oil services company said its pretax profit i Read More
LONDON (Alliance News) - UK stocks are expected to open higher Tuesday, building on Monday's gains ahead of UK inflation data due at 0930 GMT. A mixed night in Asia saw the Japanese Nikkei close much higher after the country's central bank doubled the scale of its lending facility. The Bank Read More
LONDON (Alliance News) - UK stocks have made solid gains Monday, led higher by property companies after a house price survey showed the UK property market is continuing to boom. With an otherwise empty data calendar and US markets closed for the President's Day holiday, the FTSE 100 has rallied t Read More