Wed, 25th Mar 2020 09:04
LONDON (Alliance News) - The FTSE 100 started the month on the front foot Monday, closing higher, after a gauge of China's factory activity rose to a five-month high in May, suggesting the world's second-largest economy is stabilising after a subdued start to the year.
China's offic
JD Sports Fashion recovered somewhat from last week's losses which came after it announced the exit of Chief Executive Officer Barry Bown. Brownfield land developer St Modwen Properties also rose after it reported that strong momentum has continued with a growing pipeline of development opportunit
Read moreBrownfield land developer St Modwen Properties could cash in on an upturn in the regional property market and higher land values in London, broker Oriel Securities said. Oriel said St Modwen could top the broker's forecasts given improving regional property market conditions and the possibility of
Read more- Mining stocks lead gains after China manufacturing PMI - UK, Eurozone manufacturing PMIs ease - ECB in focus ahead of Thursday's meeting - Supermarket, insurance stocks lead the fallers techMARK 2,824.10 +0.42% FTSE 100 6,863.67 +0.28% FTSE 250 16,084.94 +0.47% An improvement in Chinese factory
Read moreLONDON (Alliance News) - GlaxoSmithKline has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Anglo American, up 1.9%, Rio Tinto, up 1.7%, Glencore, up 1.4
LONDON (Alliance News) - The following is a summary of top news stories Monday.
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COMPANIES
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Lloyds Banking Group PLC has given TSB GBP450 million as part of its stock market floatation, the Daily Telegraph reported on Sa
- Miners lead gains early on - China manufacturing PMI rises, but house prices weaken - Busy week ahead with ECB and US jobs in focus techMARK 2,819.95 +0.27% FTSE 100 6,856.96 +0.18% FTSE 250 16,086.39 +0.48% Rising mining stocks helped UK equity markets to gain on Monday morning, as risk appeti
Read moreThe FTSE 100 looks set for a positive start to the week following another increase in Chinese manufacturing purchasing managers' index (PMI) and as investors look ahead to the European Central Bank (ECB) policy decision later this week. The top tier index is predicted to open around 20 points high
Read moreLONDON (Alliance News) - UK shares have opened slightly higher Monday on a good manufacturing PMI reading from China at the weekend and ahead of Thursday's European Central Bank meeting.
Goldman Sachs likes the shares of UK estate agents, raising Countrywide to Buy
- Strong momentum amid sustained confidence in property market across the UK - Expects first half to be significantly ahead of last year - Full-year expectations are unchanged Property regeneration specialist St. Modwen Properties said strong momentum has continued with a growing pipeline of develo
Read moreLONDON (Alliance News) - St Modwen Properties PLC Monday said it still expects to report pretax profit for the first half of its financial year significantly up on the year-earlier period, after it continued to perform "strongly" over the past two months. In a statement, the property compan
Read moreLONDON (Alliance News) - Carphone Warehouse and Virgin Group are in exclusive talks to sell their Virgin Mobile France joint venture to Numericable Group for EUR325 million, just a day after Carphone announced its GBP3.6 billion merger with Dixons Retail.
The joint
St. Modwen Properties on Friday announced that its 50/50 joint venture (JV) with VINCI has submitted its planning application for the regeneration of the 57 acre New Covent Garden Market site in London. The designs build on the planning permission already secured by the JV's partner, CGMA, in 2012
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