LONDON (Alliance News) - The major UK stock indices closed higher Wednesday, led by oil stocks as the worsening crisis in Iraq drove up oil prices, while trade on Thursday is set to be driven by the result of the US Federal Reserve's latest policy meeting later.<br /><br />The FTSE 100 closed Read More
LONDON (Alliance News) - The major UK stock indices are trading higher Wednesday, while the pound jumped to an almost five-year high against the dollar before falling back on a mixed message from the latest Bank of England policy meeting minutes. By mid-morning Wednesday, the FTSE 100 is up Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning and Wednesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NOMURA CUTS BG GROUP TO 'NEUTRAL' ('BUY') - PRICE TARGET 1350 PENCE<br />----------<br />TRADERS: INVE Read More
LONDON (Alliance News) - UK shares have opened flat Thursday, following negative trading in the US and Asia overnight. <br /><br /><strong>AstraZeneca</strong> is the third biggest gainer on the FTSE 100. The drugmaker said it has signed a global licence agreement with AIM-listed biotechnology 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) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NOMURA RAISES REED ELSEVIER PRICE TARGET TO 1050 (975) PENCE - 'BUY' <br />----------<br />CITIGROUP CUTS TULLOW OIL PRICE TA Read More
LONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.<br /><br />Starting the trading day on a negative note, <strong>Tesco</strong> PLC reported a sharp drop in sales in the Read More
LONDON (Alliance News) - Ophir Energy PLC Wednesday reported successful results from its Taachui-1 and subsequent Taachui-1 ST1 well in Block 1, Tanzania, resulting in a new gas discovery with a net pay of 155 metres. The upstream oil and gas exploration company said that the Taachui-1 well Read More
LONDON (Alliance News) - UK stocks closed firmly higher Tuesday, with the FTSE 100 recording its biggest daily rise in over two weeks, as investors returned from a three-day weekend in buying mood following a strong performance by European equities on Monday.<br /><br />"The weekend vote in th Read More
LONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning. <strong>Tullow Oil</strong> PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs 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>InterContinental Hotels</strong> Group, up 5.8%. The hotel chain has rejected a GBP6 b Read More
LONDON (Alliance News) - Stocks are trading higher Tuesday as investors return from a long weekend in the UK in a buying mood following gains made across Europe and Asia on Monday. By mid-morning Tuesday, the FTSE 100 is up 0.5% at 6,852.40, the FTSE 250 is up 0.9% at 15,840.07, and the AIM Read More
LONDON (Alliance News) - Ophir Energy PLC said Tuesday that drilling at its Affanga Deep-1 well in the Gnodo Block of offshore Gabon had not found "significant" oil indications in its target rock formations. Ophir has a 100% operated interest in the block. Drilling at the well encount Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.<br /><br />The mid-cap FTSE 250 is outperforming once again, led by<strong> AVEVA Group</strong>, which raised its total dividend and expressed confiden Read More
LONDON (Alliance News) - Ophir Energy PLC attempted to reassure investors Thursday, arguing there is significant upside potential in the remaining wells it is targeting this year after recent exploration disappointments. The FTSE 250-listed oil and gas exploration company said in an update Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES WILLIAM HILL PRICE TARGET TO 395 (385) PENCE - 'BUY' <br />----------<br />DEUTSCHE BANK RAISES WHITBREAD PRIC Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>AstraZeneca</strong>, up 15%. US drugs giant Pfizer Inc has confirmed that it has now t 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
LONDON (Alliance News) - Premier Oil PLC Monday said it has discovered oil offshore Indonesia and gas onshore Pakistan, while the company also rejected Ophir Energy's bid to merge the two businesses together. Ophir Energy confirmed Monday that its proposals to merge businesses with Premier Read More