LONDON (Alliance News) - <strong>Lonmin</strong> Thursday said it has reached a tentative deal over wages and working conditions with the leadership of the union that has brought the South African platinum mining industry to a halt for several months.<br /><br />In a statement, the company sai Read More
LONDON (Alliance News) - US stocks are set to open marginally lower Thursday following some weaker-than-expected retail sales data that has disappointed investors who were looking for a stronger rebound in the US economy following a disappointing first quarter. US retail sales expanded by 0 Read More
LONDON (Alliance News) - UK stock indices are trading mixed Thursday, with the mining stocks underperfoming and the price of oil rising, as investors continue to react to the lower global growth forecast from the World Bank and the deteriorating situation in Iraq. By mid-morning Thursday th Read More
LONDON (Alliance News) - Stock markets across the UK and Europe closed lower Wednesday after a warning about the strength of the global economic recovery, with airline stocks leading the falls after a profit warning from Germany's Lufthansa and a major aircraft order cancellation by Emirates s Read More
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd Wednesday warned of uncertainties over the timing of payments from its oil sales but maintained its revenue guidance for 2014. The oil and gas exploration and development company said it received a USD6.5 million gross payment for the fir Read More
LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.<br /><br />The blue-chip index is being weighed down by broadcaster <strong>ITV</strong>, whos Read More
(Correcting the name of the Australian company acquired by Ladbrokes last year.) LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.<br /><br />Among corporate newsmakers at the open,<strong> Rolls-Royce Read More
LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.<br /><br />Among corporate newsmakers at the open,<strong> Rolls-Royce</strong> Holdings PLC said it has won a USD100 million contract from the US Department Read More
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd Wednesday said it had priced a USD250 million debt offering. In a statement, the company said the privately placed debt securities were made up of three-year unsecured senior notes carrying a coupon of 13% a year and freely tradeable and Read More
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd said Friday that it expects to make a privately placed debt offering to institutional investors of up to USD250 million following a series of fixed income investor meetings in the US, Europe and Asia. Gulf Keystone said it expects this de Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RESUMES STANDARD LIFE WITH 'OVERWEIGHT' <br />----------<br />CANACCORD CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 460 Read More
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd Thursday said its pretax loss narrowed in its full-year 2013 as commercial production began at Shaikan during the period. The oil and gas exploration and development company said its pretax loss narrowed to USD32.0 million from USD80.2 mi Read More
LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.<br /><br /><strong>Babcock International</strong> is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More
LONDON (Alliance News) - London's AIM market lost one of its biggest stocks Tuesday as Gulf Keystone Petroleum Ltd moved to the London Stock Exchange's main market, but the junior market got two new stocks as a resurgence in new listings on both markets continued. Gulf Keystone Petoleum sha Read More
LONDON (Alliance News) - London's AIM market lost one of its biggest stocks Tuesday as Gulf Keystone Petroleum Ltd moved to the London Stock Exchange's main market, but the junior market got two new stocks as a resurgence in new listings on both markets continued. Gulf Keystone Petoleum sha Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE <br />----------<br />JEFFERIES RAISES PRICE TARGET Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS G4S PRICE TARGET TO 280 (290) PENCE - 'BUY' <br />----------<br />GOLDMAN RAISES PRUDENTIAL PRICE TARGET TO 1600 Read More
LONDON (Alliance News) - It's all about retailers Thursday, with the listed supermarkets all down sharply due to even weaker-than-expected results and a warning about this year from <strong>Wm Morrison Supermarkets</strong>, while Argos and Homebase parent <strong>Home Retail</strong> rose sha Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.7%. Numis has upgraded the bank to Add from Hold, increa Read More