LONDON (Alliance News) - Oil and gas exploration company Cairn Energy PLC Wednesday said it swung to a loss in 2013 as it booked a big impairment for the Catcher fields in the North Sea, and it warned that its outlook depends heavily on its exploration programme this year and the timing of the re Read More
LONDON (Alliance News) - Shares have opened lower Tuesday amid continued concern about Ukraine and some negative statements from UK companies.<br /><br />AIM is suffering the most, as its largest stock <strong>ASOS</strong> is down 20% despite reporting total retail sales rose by 26% in the tw Read More
LONDON (Alliance News) - UK stocks are set to open flat Tuesday, having closed firmly higher on Monday, as investors await further updates from Ukraine. US and European bourses closed much higher on Monday as investors held their nerve after Sunday's Crimean referendum saw voters, as expect Read More
LONDON (Alliance News) - UK equities closed firmly higher Monday, with the FTSE 100 snapping a six-day losing streak, as investors digested the latest developments from the crisis in Ukraine and held their nerve.<br /><br />"It was a case of sell the rumour, buy the fact for financial markets Read More
(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osbor Read More
LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osborne confirmed that the government's flagship Help Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Persimmon</strong>, up 4.7%. The housebuilder's share price has jumped following c Read More
LONDON (Alliance News) - Cairn Energy PLC Monday said the exploration JM-1 well offshore Morocco has been plugged and abandoned without testing. The major oil and gas exploration company said the well was drilled to a total depth of 3,711 metres and confirmed the presence of heavy oil over Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN CUTS RSA INSURANCE PRICE TARGET TO 115 (130) PENCE - 'OUTPERFORM' <br />----------<br />CITIGROUP CUTS RSA INSURANCE P Read More
LONDON (Alliance News) - Cairn Energy PLC Wednesday said Non-Executive Director Alexander Berger bought 3,147 shares at a price of GBP1.94 per share. Following this transaction, Berger now holds 16,498 shares total. Shares in the energy company were trading up 0.9% at 193.80 pence Wed Read More
LONDON (Alliance News) - The FTSE 100 is set to post its worst January performance for five years after the global equities sell-off resumed Friday amid further concerns about slowing growth in emerging markets and some poor corporate reports in Europe and the US.<br /><br />The main London in Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />HSBC RAISES NATIONAL GRID TO 'OVERWEIGHT' ('NEUTRAL') - PRICE TARGET 880 (860) PENCE <br />----------<br />JEFFERIES RAISES EASY Read More
LONDON (Alliance News) - Cairn Energy PLC Friday pledged to defend itself in India as it claimed that the recent tax claim it had received from authorities was the result of a law brought in after the year affected by the claim. In a statement, the company said it had re-confirmed with its Read More
LONDON (Alliance News) - A strong earnings report from <strong>BT Group</strong> has helped lift UK shares at the open Friday. The FTSE 100 telecom stock is up 3.7% at 384.60 pence.<br /><br />Brokers are providing their take on Thursday's corporate news makers, with Goldman Sach cutting <stro Read More