LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>IGas Energy</strong> PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Friday reported an increase in first-quarter pretax profit, as revenue increased at a faster rate than operating expenses. In a statement, Bank of Georgia Holdings said pretax profit increased to GEL63.9 million in the quarter ended Marc Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: UBS RAISES IMPERIAL TOBACCO TARGET TO 2,750 (2,500) PENCE - 'BUY' <br />----------<br />BERNSTEIN RAISES BP PRICE TARGE Read More
LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More
(An item published at 1224 BST misstated the direction of the markets. The correct version follows) LONDON (Alliance News) - <strong>Pearson</strong> leads the FTSE 100 as we head into afternoon trading Friday after the company maintained its full-year adjusted earnings per share guidanc Read More
LONDON (Alliance News) - <strong>Pearson</strong> leads the FTSE 100 as we head into afternoon trading Friday after the company maintained its full-year adjusted earnings per share guidance for 2014, as it said it had seen a "solid start to the year" in a statement ahead of its annual general Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Friday said its insurance and healthcare subsidiary has completed a buy-out of a 49% minority shareholder of healthcare subsidiary My Family Clinic. In a statement, Bank of Georgia Holdings said JSC Insurance Company Aldagi, which has he Read More
LONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.<br /><br /><strong>William Hill</strong> said it will close 109 gaming shops in response to the UK government's hike to machine gaming duty, putting 420 employees at risk. William Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Wednesday said Sascha Ternes has been appointed deputy chief executive of JSC Bank of Georgia in charge of special projects. Prior to joining Bank of Georgia, Ternes was the member of the management board of ProCredit Bank Georgia from 2 Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Tuesday said Chief Executive Officer Irakli Gilauri exercised options in respect of 116,000 shares, with 23,200 shares withheld to meet tax liabilities at no cost under the senior executive equity compensation plan. Shares were down 1.6% Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC said Wednesday that its brokerage subsidiary BG Capital, jointly with TBC Bank, have lead-managed and underwritten a Georgian lari-denominated bond worth the equivalent of EUR20.7 million, issued by the European Bank for Reconstruction and Dev Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Wednesday said Archil Gachechiladze, a divisional deputy chief executive sold 17,367 shares at a price of GBP23.22 per share Monday, he now holds 107,500 shares representing 0.3% of the issued share capital. The company also said, Sulkha Read More
(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 Read More
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.<br /><br />As expected, the BoE has kept its Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Aviva, up 9.3%. The life insurer's results were ahead the markets expectations on each of the key financial metrics except Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC said Thursday its healthcare subsidiary has increased its stake in Avante Management Group to 100%. Unimed Kakheti LLC is a wholly-owned healthcare subsidiary of JSC Insurance Company Aldagi, the Bank of Georgia's healthcare and insuranc Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Tuesday said Chief Financial Officer David Vakhtangishvili exercised options in respect of 11,926 shares February 18. Of the total, 2,386 shares were withheld to meet tax liabilities and the remaining 9,540 were sold at GBP24.15 each Feb Read More
LONDON (Alliance News) - Bank of Georgia PLC Friday said Archil Gachechiladze, a divisional chief executive sold 10,633 shares at a price of GBP23.83 per share. Following this transaction, Gachechiladze continues to hold 124,867 BGH Shares, representing approximately 0.35% of the share capi Read More
LONDON (Alliance News) - Bank of Georgia Holdings PLC Thursday said Mikheil Gomarteli, a divisional deputy chief executive sold 15,274 shares at a price of GBP23.85 last Friday and sold an additional 9,726 shares at GBP23.55 Monday. Following this transaction, Gomarteli continues to hold 12 Read More