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Interdealer broker Icap was sharply lower on Wednesday after it reported a decline in its foreign exchange trading volumes in April.
Pub group JD Wetherspoon also fell after it voiced uncertainty about fourth-quarter trading, with sales having slowed in the last few weeks. Wetherspoon said it had
LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.
Wood Group has officially established its joint venture (JV) with Siemens AG after all regulatory approvals were received.
The JV, EthosEnergy, is a blend of Wood Group GTS's Maintenance and Power Solutions businesses and Siemens' TurboCare business unit which provides aftermarket gas turbine, ste
LONDON (Alliance News) - Rolls-Royce Holdings Wednesday said it has signed an agreement to sell its energy gas turbine and compressor business to German engineering firm Siemens AG in a deal worth GBP785 million in cash. The business being sold supplies aero-derivative gas turbines, compres
LONDON (Alliance News) - Shares have opened lower Wednesday amid continued concerns about the deteriorating situation in Ukraine and some disappointing data from China and Europe.
In his last annual results presentation as Sainsbury's chief executive, Justin King re
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning: ---------- FTSE 100 ---------- BERENBERG INITIATES CARNIVAL PLC WITH 'BUY' - TARGET 3,000 PENCE ---------- UBS RAISES ASTRAZENECA PRICE TARGET TO 4
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning: ---------- FTSE 100 ---------- JEFFERIES CUTS WILLIAM HILL TO 'HOLD' ('BUY') ---------- GOLDMAN CUTS IMPERIAL TOBACCO TO 'BUY' ('CONVICTION BUY LI
(An item published at 1134 BST misstated the units in the UK house price item. The correct version follows.) LONDON (Alliance News) - The following is a summary of top news stories Thursday. ---------- COMPANIES ---------- Centrica PLC-owned B
LONDON (Alliance News) - The following is a summary of top news stories Thursday. ---------- COMPANIES ---------- Centrica PLC-owned British Gas has been forced to make GBP5.6 million in payments following errors in its switching and renewa
LONDON (Alliance News) - UK shares have opened higher Thursday, following dovish minutes from the US Federal Reserve Wednesday and ahead of a Bank of England interest rate announcement.
British retailer Marks and Spencer Group PLC said group sales rose 1.9% in the l