LONDON (Alliance News) - Rose Petroleum PLC Friday said it has received notice from the holders of its GBP1 million convertible loan note that they intend to convert the whole note into shares. In a statement, the company said it currently has a GBP1 million convertible loan note outstandin Read More

Rose Petroleum Swings To Loss On Impairment Of Uranium Assets

3rd Jun 2014 11:29

LONDON (Alliance News) - Rose Petroleum PLC Tuesday swung into a pretax loss in 2013, hit by impairment charges on its uranium exploration and evaluation assets. The company posted a pretax loss of GBP3.0 million, swung from a pretax profit of GBP54,304 in 2012, as revenue declined to GBP5. Read More

MARKET COMMENT: FTSE 100 Posts Biggest Weekly Loss For Six Weeks

23rd May 2014 15:55

LONDON (Alliance News) - The FTSE 100 closed lower Friday, ensuring that it posted its biggest weekly loss for six weeks, but individual stocks were again in focus as the broader index traded a tight range ahead of the long weekend. "The Federal Reserve, quantitative easing, and low rates a Read More

UK MIDDAY BRIEFING: Barclays Fined For London Gold Fixing Failings

23rd May 2014 11:40

LONDON (Alliance News) - Barclays was Friday fined GBP26.0 million by UK regulators for failings surrounding the London Gold Fixing, while one of its former traders has been banned for trying to influence the price-setting process just one day after the bank was fined for its Read More

Rose Petroleum Shares Jump As It Gets Positive Reports On Utah Licenses

23rd May 2014 08:16

LONDON (Alliance News) - Rose Petroleum PLC saw its shares jump by nearly two-thirds Friday after it said it had received positive economic analysis and reserve reports for its Mancos and Paradox oil and gas projects in Utah in the US. The company, which also has oil and gas licenses in Ger Read More

UK MIDDAY BRIEFING: Carphone In Talks To Sell French Mobile Venture

16th May 2014 12:10

LONDON (Alliance News) - Carphone Warehouse and Virgin Group are in exclusive talks to sell their Virgin Mobile France joint venture to Numericable Group for EUR325 million, just a day after Carphone announced its GBP3.6 billion merger with Dixons Retail. The joint Read More

UK WINNERS & LOSERS: LED International Off 58% As It Awaits Cash

16th May 2014 10:29

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS ------- WM Morrison Supermarkets, up 4.2%, J Sainsbury, up 2.6%, and Read More

Rose Petroleum Increases Acreage In Paradox Block In Utah

16th May 2014 10:24

LONDON (Alliance News) - Rose Petroleum PLC Friday said it has increased its acreage in the shale gas prospective western Paradox Block in Utah by 35,000 acres giving it the opportunity to become a "significant player in the US oil and gas industry". The AIM-listed natural resources company Read More

UK MIDDAY BRIEFING: IHG, RBS And AstraZeneca Highlight London Trade

2nd May 2014 11:56

LONDON (Alliance News) - InterContinental Hotels Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter. IHG's dividend comes after the firm completed two asset disposals Read More

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