UK MORNING BRIEFING: BP Shares Open Lower On US Fine Threat
5th Sep 2014 07:17
LONDON (Alliance News) - Iofina PLC Tuesday said it exceeded its iodine production target for May, achieving a profitable period for the company following the implementation of operational improvements and cost controls. Iofina, which produces iodine from the brine that results from frackin Read More
LONDON (Alliance News) - UK shares have opened marginally lower Tuesday ahead of European data seen as having a possible influence on Thursday's European Central Bank meeting. <strong>Wolseley</strong> leads the FTSE 100 gainers after reporting a strong third quarter. It is up 2.3%. < Read More
LONDON (Alliance News) - Iofina PLC said Tuesday that production at its IO#1 production plant rose more than 25% in April, following a number of upgrades at the site. The specialists in the exploration and production of iodine and iodine specialty chemical derivatives said that while IO#1 w Read More
LONDON (Alliance News) - <strong>BP</strong> Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Shire</strong>, up 3.6%. The pharmaceutical company is the leading riser in the blue-c Read More
LONDON (Alliance News) - Specialist iodine producer Iofina PLC Tuesday said it has successfully completed a USD5 million unsecured bond to be issued to Panacea Ltd. The company said it intends to use the proceeds of the bond to strengthen the company's cash position, which stood at USD2.3 m Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />COMPANIES<br />----------<br />US drugs giant Pfizer Inc confirmed that it has now twice approached British peer<strong> AstraZeneca</strong> PLC with a takeover proposal, and is considering it Read More
LONDON (Alliance News) - Iofina PLC Monday said Chief Executive George Lantz and Chief Finance Officer Gary Gatchell have resigned from their posts with immediate effect following an organisational review. The iodine exploration and production company said Jeffrey Ploen, co-founder and non- Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> is once again leading UK blue chips higher Monday, after US drugs giant Pfizer Inc confirmed that it has now twice approached its British peer with a takeover proposal, most recently on Saturday. Pfizer said it is still considering its opti 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) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Pearson</strong>, up 3.8%. The publisher has maintained its full-year adjusted earnings Read More
LONDON (Alliance News) - Iofina PLC Friday said its pretax loss widened in 2013 due to higher expenses but noted that production has seen a vast increase in its first quarter 2014 helping the company to exceed its revenue targets for the three months. The iodine exploration and production c 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) - <strong>Associated British Foods</strong> said Wednesday profit for the first half of the year increased, driven primarily by sales at its low-cost fashion retail chain Primark, which more than offset a substantial hit to its sugar business.<br /><br />The food, ingred Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Associated British Foods</strong>, up 8.9%. The food, ingredients and retail group r Read More