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Investing in a single stock is disliked by many investors, yet the share price appreciation seen in St James's Place easily outpaces the performance of almost any fund manager. The stock has run up by two thirds over the past year and yesterday jumped by another five per cent following better than e
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LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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UBS CUTS HSBC PRICE TARGET TO 665 (715) PENCE - 'NEUTRAL'
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CANACCORD CUTS HSBC PRICE TARGET TO 750 (825) P
African Barrick Gold: Canaccord Genuity raises target price from 205p to 315p and upgrades from hold to buy. Ashmore Group: Canaccord Genuity takes target price from 205p to 315p and downgrades from buy to hold. Associated British Foods: Jefferies increases target price from 2450p to 2600p retaini
Read morePresident Energy said it had raised 31.2m pounds in its placing and open offer. The AIM-listed company with interests in Paraguay said 1.4m shares had been conditionally subscribed for, representing around 11.9% of the total made available at 35p a share. President shares were up 0.75p to 33p at 1
Read moreLONDON (Alliance News) - President Energy PLC said Monday it has raised USD50.8 million through a placing and open offer of a total of just over 89 million shares. The oil and gas company said 1.4 million shares or 11.9% of the total open offer of shares have been subscribed for, each at 35
Read moreLONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. HSBC Holdings is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year.
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LONDON (Alliance News) - President Energy PLC Thursday said it has raised USD50 million through the issuance of 87.6 million new shares at a price of 35 pence per share. The oil and gas company had said on Wednesday that it planned to raise a minimum of USD40 million through the share placi
Read moreLONDON (Alliance News) - The FTSE 100 is up for a second day Thursday as the rebound from the heavy losses in equity markets in the previous five days continues, with positive reports from the likes of Vodafone and Smith & Nephew helping London's blue-chip
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
Vodafone, up 2.9%. The telecommunications company has confirmed its ful
LONDON (Alliance News) - President Energy PLC Wednesday said it is planning a fundraising by way of a placing in order to raise a minimum of USD40 million. The oil and gas company said it has the option to upsize the placing to USD50 million and has proposed an open offer to President's exi
Read moreLONDON (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.
In a speech at the World Ec
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 moreLONDON (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.
Royal Mail has reported a 2% increase in like-for-like revenues for th
LONDON (Alliance News) - President Energy PLC Friday said the results of an independent audit of its prospective resources are substantially ahead of expectations. The oil and gas exploration and production company with operations in South America said the audit, by the consultancy company
Read morePresident Energy is to become the operator of the 'promising' Hernandarias Block in the Chaco region of Paraguay, after being granted a farm-in of up to an 80 per cent interest. The farm-in, which is still subject to government and regulatory approvals, was granted at no cost to President, though t
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