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LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL'
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HSBC RAISES KINGFISHER PRICE TARGET TO
The Head of the Office for Budget Responsibility yesterday warned that given the very rapid house price rises in some parts of Britain one may see "bubbly activity", such as people willing to buy 'off-plan' or when they do not intend to live in the homes which they are purchasing. That comes as the
Read moreLONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.
London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive
Standard Life was making decent gains after agreeing on a deal with Phoenix Group to sell the latter's Ignis Asset Management division. Standard Life said the 390m pound acquisition will enhance earnings from the first full year of ownership. RSA is holding near the top of the leaderboard, part of
Read moreLONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of Lloyds Banking 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.<
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(Rewrites first paragraph, adds detail and background) By Chris Vellacott LONDON, March 26 (Reuters) - The UK market for individual annuities will shrink by around three quarters after government measures freeing retirees from having to buy them come into effect next year, one of the
Read more- FTSE 100 at highest since March 11th - Insurers provide a lift, Standard Life and Phoenix in focus - Lloyds drops after government sale, RBS downgraded - ECB, PBoC stimulus hopes and US data drive gains techMARK 2,787.86 +0.51% FTSE 100 6,630.79 +0.39% FTSE 250 16,273.83 +0.75% UK stocks were at
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
Standard Life, up 5.2%. The company has agreed to buy Ignis Asset Mana
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.
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COMPANIES
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The UK government said it has raised GBP4.2 billion in its sale of a second tranche of Lloyds Banking Group
LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background
Read moreLONDON, March 26 (Reuters) - British life and pensions group Legal & General expects the size of the UK market for individual annuities to shrink by around three-quarters after 2015 when retirees will no longer be forced to buy them. The forecast, delivered in a speech to an investor confer
Read moreLONDON (Alliance News) - Legal & General Group PLC Wednesday said it has won a bulk annuity contract with ICI Pension Fund, covering GBP3.00 billion of its liabilities, as the life insurer moved to reinforce its expectation that it will exceed the GBP2.1 billion of annuity net flows in 2013. <
Read moreLONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in Lloyds Bank.
The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP
UK stocks are set to slide slightly higher this morning, tracking gains seen in the US overnight and following a number of significant company news releases early on. City sources predict the FTSE 100 will open six points higher than yesterday's close of 6,604.89. A larger-than-expected rise in c
Read moreLONDON, March 26 (Reuters) - British life insurance and pensions provider Legal & General Group Plc said on Wednesday it had won a 3 billion pound ($5 billion) bulk annuity contract with the ICI Pension Fund. L&G said the 3 billion pound premium from the transaction would increase its stock
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