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22 Apr 2014 07:39

UK MORNING BRIEFING: Glaxo And AstraZeneca Put M&A In Focus

LONDON (Alliance News) - UK shares have opened slightly higher Tuesday following gains on Wall Street over the long Easter weekend.

Merger and acquisition activity and discussion surrounding UK pharmaceutical giants GlaxoSmithKline and AstraZeneca

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1 Apr 2014 09:11

UK BROKER RATINGS: Jefferies Raises REIT Price Targets

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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GOLDMAN RAISES INTL AIRLINES GROUP (IAG) PRICE TARGET TO 430 (420) PENCE - 'NEUTRAL'
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BARCLAYS CUTS PRUDEN

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27 Mar 2014 13:19

Shaftesbury completes Chinatown acquisition

Shaftesbury has completed its acquisition of the Newport Sandringham building in Chinatown, London. The FTSE 250-listed real estate investment trust funded the purchase through the placing of 25.25m shares at 620p each, raising gross proceeds of around £156.6m. The group previously stated that t

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24 Mar 2014 13:15

UK MIDDAY BRIEFING: Centamin Soars As Production Beats Expectations

LONDON (Alliance News) - Metals and minerals producer Centamin is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.

Centamin said pretax profit f

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24 Mar 2014 08:23

UPDATE: Shaftesbury Buys London Property Near New Crossrail Hub From Derwent

LONDON (Alliance News) - Real estate investment trust Shaftesbury PLC Monday said it has bought Jaeger House, 57 Broadwick Street, London for GBP30.75 million. In a statement, Shaftesbury said the property, built in 1970, currently comprises 24,900 square feet of office and retail space on

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24 Mar 2014 08:23

Shaftesbury Buys London Property Near New Crossrail Hub From Derwent

LONDON (Alliance News) - Real estate investment trust Shaftesbury PLC Monday said it has bought Jaeger House, 57 Broadwick Street, London for GBP30.75 million. In a statement, Shaftesbury said the property, built in 1970, currently comprises 24,900 square feet of office and retail space on

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24 Mar 2014 08:18

Shaftesbury Buys London West End Property Near New Crossrail Hub

LONDON (Alliance News) - Real estate investment trust Shaftesbury PLC Monday said it has bought Jaeger House, 57 Broadwick Street, London for GBP30.75 million. In a statement, the company said the property, built in 1970, currently comprises 24,900 square feet of office and retail space on

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24 Mar 2014 07:53

Shaftesbury acquires London property from Derwent

Developer Shaftesbury has acquired a property in London's West End from sector and FTSE 250 peer Derwent London, the groups announced Monday. The 24,900 square foot commercial and residential Jaeger House property, which changed hands for £30.75m, is in Broadwick Street in the Carnaby area of Lond

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11 Mar 2014 13:20

DIRECTOR DEALINGS: Shaftesbury Employees Take Part In Placing

LONDON (Alliance News) - The real estate investment trust Shaftesbury PLC said Tuesday a number of employees, including Chief Executive Brian Bickell and Executive Director Simon Quayle, increased shareholding in the company at a price of 620 pence per share during a recent share placing annou

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7 Mar 2014 13:48

FTSE 250 movers: Shaftesbury leads gains, African Barrick digs lower

Shaftesbury rose strongly after it yesterday placed 25.25m shares at 620p each raising a total of 156.6m pounds. The group is using the proceeds to fund a property purchase and ongoing redevelopment schemes. esure Group was also a strong riser, driven by readacross from fellow insurer Aviva, which

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6 Mar 2014 15:06

UPDATE: Shaftesbury Raises GBP156.6 Million In Share Placing

LONDON (Alliance News) - Property investors Shaftesbury PLC Thursday said it raised gross proceeds of about GBP156.6 million after placing nearly 25.3 million new shares at 620 pence each, money it will use to fund a property purchase and ongoing redevelopment schemes. The London-focused pr

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6 Mar 2014 14:08

CORRECT: UK MIDDAY BRIEFING: BoE, ECB Hold; Ukraine Clouds EU Politics

(An item published at 1234 GMT misstated the ECB interest rate. The correct version follows.) LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the i

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6 Mar 2014 13:56

UK MIDDAY BRIEFING: BoE, ECB Hold; Ukraine Clouds EU Politics

LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the influence and expansion potential of the European Union.

As expected, the BoE has kept its

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6 Mar 2014 12:52

Shaftesbury Places Shares To Fund Acquisition, Redevelopment Schemes

LONDON (Alliance News) - Property investors Shaftesbury PLC Thursday said it plans to place up to 25.3 million new shares, equating to 9.99% of its current share capital, to fund a property purchase and ongoing redevelopment schemes. The London-focused property firm said it will also use th

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6 Mar 2014 10:46

Shaftesbury proposes fundraising for acquisition in London

Shaftesbury has proposed a fundraising for the acquisition of a long-leasehold interest in the commercial elements of a block in London's Chinatown area. The real estate investment trust has recommended the placement of up to 25,250,000 new ordinary shares, representing approximately 9.99% of the

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