Tue, 07th May 2019 10:49
LONDON (Alliance News) - Imperial Tobacco Group Tuesday said it will close factories in Nottingham and in Nantes in France with the loss of up to 900 jobs, in response to the continuing downturn in European cigarette markets.
Companies including GKN, Aggreko and rec
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Aggreko, up 2%. The temporary power supplier is a big gainer after the
LONDON (Alliance News) - Victoria PLC said Tuesday it expects its profits before tax and exceptional items to be ahead of market expectations for its full-year. The floorcoverings firm said it expects profits before tax and exceptional items to be ahead of market expectations for the full-y
Read moreLONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp
Read moreVictoria, the manufacturer and distributor of floor coverings, on Wednesday announced that it has entered into a sale and leaseback agreement with Monopro for its manufacturing facility in Kidderminster, for 5.8m pounds cash. The lease is for a 20-year term at an initial rent of £495,000 per year
Read moreLONDON (Alliance News) - Carpet business Victoria PLC Wednesday said it has entered into a sale and leaseback agreement with Monopro Ltd regarding its manufacturing facility at Worcester Road, Kiddminster for GBP5.8 million. The lease is for a 20-year term at an initial rent of GBP495,000 a
Read moreLONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.
The London equity markets are hi
LONDON (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
AstraZeneca: Alphavalue lowers target price from 3169p to 3087.7p and downgrades from reduce to sell. British American Tabacco: Panmure Gordon reduces target price from 3800p to 3200p and downgrades from buy to hold. Britvic: Investec ups target price from 600p to 672p and maintains a hold recomme
Read moreDesign-led carpet and floor-covering maker Victoria on Tuesday announced that it intends to acquire the entirety of UK peer Globesign for 16m pounds in cash and a further deferred consideration payable on achievement of certain annual and triennial financial targets. The transaction is being struc
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