LONDON (Alliance News) - Lonmin 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. In a statement, the company sai Read More

UK WINNERS & LOSERS: ITV Leads Blue-Chip Risers As Miners Fall

12th Jun 2014 10:52

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- ITV, up 2.7%. ITV's shares have spent June trading in tight ranges, and Libe Read More

Max Petroleum Shares Drop By A Quarter On Lower Reserves Figures

12th Jun 2014 10:27

LONDON (Alliance News) - Max Petroleum PLC shares slumped on Thursday as it said its proved and probable reserves, which include new drilling results from 35 wells, have fallen significantly when compared to the previous year. The Kazakhstan-focused oil and gas company said the competent pe Read More

UK MIDDAY BRIEFING: ICAP Now Facing EU Fine Over Yen Libor

10th Jun 2014 11:15

LONDON (Alliance News) - Brokerage ICAP could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it said Tuesday it has received a so-called statement of objections from the EU's executive body, which it said it intends to fight vi Read More

UK WINNERS & LOSERS: Anglo American, Lonmin Fall As Crisis Talks Fail

10th Jun 2014 10:06

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Imperial Tobacco Group, up 0.5%. The cigarettes and tobacco company said it w Read More

UK MORNING BRIEFING: ASOS Replaces Sports Direct As Conviction Buy

10th Jun 2014 07:29

LONDON (Alliance News) - UK shares have opened mixed Tuesday, with AIM marginally outperforming larger stocks. Goldman Sachs joined other brokers in issuing positive notes about AIM giant ASOS following its recent share price decline. Goldman added ASOS to its Convi Read More

Max Petroleum Finds Hydrocarbons At ZMA-E7 Well In Kazakhstan

10th Jun 2014 06:56

LONDON (Alliance News) - Max Petroleum PLC Tuesday said its ZMA-E7 development well in Kazakhstan's Zhana Makat Field has reached total depth and has successfully found an expected region of hydrocarbons. The Kazakhstan-focused oil and gas company said the well reached a depth of 997 metres Read More

Max Petroleum To Plug, Abandon KZIE-3 Well In East Kyzylzhar I Field

27th May 2014 09:00

LONDON (Alliance News) - Max Petroleum PLC said Tuesday that it will plug and abandon the KZIE-3 appraisal well in the East Kyzylzhar I Field as it did not encounter sufficient hydrocarbons after drilling. The Kazakhstan-focused oil and gas company said it completed drilling the KZIE-3 appr Read More

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

27th May 2014 07:36

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe. The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden Read More

Max Petroleum Plans USD4 Million In Cost Savings; CFO Young To Leave

19th May 2014 11:39

LONDON (Alliance News) - Max Petroleum PLC Monday said cost-cutting measures, both completed and soon to be completed, will result in yearly ongoing cost reductions of around USD4 million. The oil and gas company focused on Kazakhstan said the USD4 million in costs savings, represent more t Read More

UK MIDDAY BRIEFING: Centrica Warns, Barclays Restructures

8th May 2014 13:30

LONDON (Alliance News) - British gas parent Centrica has issued a profit warning Thursday, blaming the extreme winter weather in the US but mild conditions in the UK, as well as the intense pressure that's been put on energy providers in the UK in recent months by politicians Read More

UK WINNERS & LOSERS: Standard Chartered, Barclays Lead FTSE 100 Risers

8th May 2014 12:23

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Barclays, up 4.9%. Barclays has detailed plans to shrink its investment bank with a new round Read More

Max Petroleum Gets More Positive Results At East Kyzylzhar I Field

8th May 2014 11:10

LONDON (Alliance News) - Max Petroleum PLC Thursday said it had achieved further successful drilling results from its East Kyzylzhar I Field, finding two high quality reservoirs in its KZIE-4 appraisal well. The oil and gas company with operations in Kazakhstan said the KZIE-4 appraisal wel Read More

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