LONDON (Alliance News) - ITV reported higher profits and revenues for 2013 and gave a bullish outlook for 2014, but has seen its shares punished Wednesday after it failed to increase its special dividend. The television company raised its total dividend for 2013 to 3.5 pence, from 2.6 pence Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Online domestic appliances retailer <strong>AO World</strong> PLC set the price for its upcoming initial public offering at 285 pence a share, Read More
LONDON (Alliance News) - Shares have opened lower Wednesday ahead of UK GDP figures at 0930 GMT. <strong>ITV</strong> reported strong 2013 results and expressed confidence for 2014, but its shares are down 4.2% at the open on disappointment in the size of its special dividend.<br /><br / Read More
LONDON (Alliance News) - Petrofac Ltd Wednesday announced modest net profit and revenue growth for 2013 that was in line with, to slightly better than, market expectations. The oil and gas services company also reiterated guidance towards a flat to slight increase in net profit during 2014 Read More
LONDON (Alliance News) - UK stocks are set to follow their US counterparts marginally lower Wednesday, as investors take their positions ahead of the latest UK GDP estimate later in the day. Wall Street closed slightly lower Tuesday after US consumer confidence fell by more than expected in Read More
LONDON (Alliance News) - The FTSE 100 closed down for the first time in eight days Tuesday, retreating from Monday's 14-year closing high, as renewed worries about Chinese economic growth weighed on stock markets in Asia and Europe. The Asian session saw the Hang Seng close down 0.3% and th Read More
LONDON (Alliance News) - UK stocks extended their recent gains Thursday, reversing early losses during a day driven by economic data.<br /><br />In the end, London's major indexes all ended slightly higher, but only after positive economic data from the US helped push up stocks on Wall Street Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Centrica, up 3%. The major energy supplier's shares have jumped despite it reporting that pretax profit fell 32% to GBP1.65 Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday. ---------- COMPANIES ---------- Defence giant BAE Systems has reported a sharp drop in profit in 2013 as sharply higher impairment charges more than offset higher revenues, and the company wa Read More
LONDON (Alliance News) - Ophir Energy PLC Thursday said it has signed a non-binding letter of intent with Petrofac Ltd to be the operator of its proposed gas development in Equatorial Guinea. The oil and gas exploration company said services are to include preparing and issuing the Field De Read More
LONDON (Alliance News) - Stock markets are lower across Europe and the euro is also weaker, following a disappointing round of European PMI data. Investor sentiment has turned negative Thursday following the unexpectedly large contraction in the Chinese HSBC manufacturing PMI, and reinforced expe Read More
LONDON (Alliance News) - Petrofac Ltd Thursday said it has been awarded a contract by BP, worth roughly USD1.2 billion for work at the central processing facility for the Khazzan gas project in Oman. The major oil and gas engineering company said the contract is for engineering, procurement Read More
LONDON (Alliance News) - Petrofac Limited PLC Tuesday said Chief Financial Officer Tim Weller bought 10 partnership shares at a price of GBP13.19 per share under the company share incentive plan Monday. Shares in the oil and gas company were trading up 1.0% at 1,330.51 pence Tuesday morning Read More
LONDON (Alliance News) - UK stock indices have struggled to get off the ground Friday, while major European markets have performed better after surprisingly strong Eurozone GDP data. Meanwhile US macro data has disappointed, adding to dollar weakness and allowing the pound to rally to a multi-yea Read More