UK MORNING BRIEFING: Anglo American And SABMiller Make Disposals
7th Jul 2014 07:20
LONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said the third of its development wells at the Goudron field in Trinidad was successfully started on Monday and is now being drilled, and it is expecting higher output than it achieved in the first of the redevelopment wells it drilled at the si Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data.<br /><br /><strong>Whitbread</strong> leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Wednesday said that analysis of the electric logs run to total depth in its GY-665 well at Trinidad's Goudron Field have shown the presence of 526 feet of net oil pay. The oil and gas exploration and development company said the analysis showed 27 Read More
LONDON (Alliance News) - The FTSE 100 ended slightly higher Monday, while its mid-cap peer index lost ground, in a subdued session that had little in the way of economic or major corporate news to drive it.<br /><br />The corporate news that there was for blue-chip stocks was mainly negative, Read More
LONDON (Alliance News) -<strong> Lloyds Banking Group</strong> Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>Capita</strong>, up 1.7%. Numis Securities has upgraded Capita to Buy, from Hold, and increased its pric Read More
LONDON (Alliance News) - UK shares have opened fractionally higher Monday following rising markets in Asia and a higher close on Wall Street on Friday. China reported strong trade figures for May on Sunday, lending Monday a positive tone.<br /><br /><strong>Lloyds Banking</strong> will price t Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Monday said its GY-665 well at the Goudron Field in Trinidad has now intersected 687 feet of gross oil bearing sands in its primary target, the Gros Morne formation, and the company has decided to shorten the planned total depth of the well. The o Read More
LONDON (Alliance News) - Octagonal PLC saw its shares jump Thursday morning after it said David Lenigas, Executive Director of Leni Gas and Oil PLC, Rare Earth Minerals PLC, and other AIM-listed companies, has been appointed to the board as a non-executive Director. The investment company's Read More
LONDON (Alliance News) - <strong>Tesco</strong> Wednesday reported a sharp drop in sales in the first quarter of its financial year, as Britain's biggest supermarket chain said it was hit hard by deep price cuts across the business and by the acceleration of its store refit programme, while wa 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>Smith & Nephew</strong>, up 1.8%. The medical technology company is once again t Read More
LONDON (Alliance News) - Leni Gas and Oil PLC said Wednesday that it has terminated negotiations with Pansoinco s.r.l. over a possible partnership in LGO's oil and gas assets located in Northern Spain. LGO said that it is no longer actively seeking further expressions of interest in the par Read More
LONDON (Alliance News) - Shares in Leni Gas & Oil PLC rose Tuesday, after it said it has completed the full equity swap agreement with YA Global Master SPV Ltd, which it said has now agreed to provide a total of GBP1.4 million in cash funding. In a statement, the company said that as a resu Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said it has successfully cased and logged to the first casing point on its GY-665 well in the Goudron Field, Trinidad, and reports have shown a net oil region in the Goudron sands formation. The oil and gas exploration and development comp Read More
LONDON (Alliance News) - <strong>GlaxoSmithKline</strong> has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a Read More