UPDATE: Kenmare Resources Rejects Iluka Resources Approach For Combination
26th Jun 2014 09:45
LONDON (Alliance News) - Kenmare Resources PLC Thursday said production across its operations increased in its first quarter and a programme to reduce its operating and capital costs has started. The titanium producer said its production of heavy mineral concentrate increased 51% to 287,000 Read More
LONDON (Alliance News) - Kenmare Resources PLC said its Managing Director Michael Carvill bought 100,000 shares in the company at a price of 13.2 pence per share on Friday. Following the deal, Carvill holds 4.9 million shares in the company. Kenmare Resources shares closed up 4.1% at Read More
LONDON (Alliance News) - <strong>Prudential</strong> is the biggest gainer on the FTSE 100 Wednesday after the insurer's closely-watched operating profit grew by 17%, driven by its US and Asian operations, while <strong>G4S</strong> has plummeted after it reported a loss and finally settled wi Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Prudential</strong>, up 4%. The group reported a sharp fall in 2013 pretax prof Read More
LONDON (Alliance News) - Stock indices across the UK and Europe have followed Asia lower Wednesday. Amid a lack of economic data, renewed concern over the health of the Chinese economy and an ongoing stalemate between Ukraine and Russia are weighing on investor sentiment. By mid-morning We Read More
LONDON (Alliance News) - Kenmare Resources PLC Wednesday said it swung to a pretax loss in the full year 2013, as revenues fell significantly on lower commodity prices and as it focused on the development of its Moma investment during the period. The FTSE 250 titanium producer posted a pret Read More
LONDON (Alliance News) - Following completion of its quarterly index review, FTSE has confirmed that the following changes will take effect from the market open on Monday March 24. ------- FTSE 100 Adds: Barratt Developments St.James's Place ------- FTSE 100 De Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year. Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Petrofac</strong>, up 2.7%. Petrofac shares have been on a downward trend over the Read More
LONDON (Alliance News) - Kenmare Resources PLC saw its shares rise Friday after it agreed a restructuring of the project financing for its Moma Mine in Mozambique. In a statement, the titanium producer said the deal with its lenders has been designed in a way that will allow Kenmare's proje Read More
LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite <strong>Anglo American</strong> and <strong>Coca Cola HBC</strong> both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning and Tuesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />S&P CAPITAL IQ CUTS BARCLAYS PRICE TARGET TO 310 (320) PENCE - 'BUY'<br />----------<br />UBS CUTS Read More
LONDON (Alliance News) - Shares have opened mostly flat Wednesday, as the market awaits the Bank of England's Quarterly Inflation Report at 1030 GMT. <br /><br /><strong>Telecity</strong> is holding back the FTSE 250. The data-centre provider is down 13% after announcing higher 2013 profit and Read More
LONDON (Alliance News) - Publisher Pearson is the biggest faller on the FTSE 100 Thursday after it issued a profit warning, saying trading had been weaker than it expected, particularly in North America, its main market. The Financial Times owner and publisher of education books said it had Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS London Stock Exchange, up 1.1%. The company said its third-quarter revenue increased by 52% year-on-year, buoyed by recentl Read More
LONDON (Alliance News) - Kenmare Resources PLC shares jumped to lead the FTSE 250 on Thursday as the titanium producer said it increased production at its Moma Mine during the fourth quarter. In a statement on the Moma Mine for the fourth quarter and year to October 31 2013, the firm said i Read More