UK MIDDAY BRIEFING: Shire Soars As AbbVie Confirms Approaches
20th Jun 2014 12:24
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
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
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
LONDON (Alliance News) -<strong> Barclays</strong> 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
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
LONDON (Alliance News) -<strong> Carphone Warehouse</strong> 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.<br /><br />The joint Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>WM Morrison Supermarkets</strong>, up 4.2%, <strong>J Sainsbury</strong>, up 2.6%, and Read More
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
LONDON (Alliance News) - <strong>InterContinental Hotels</strong> Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter. <br /><br />IHG's dividend comes after the firm completed two asset disposals Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>InterContinental Hotels</strong> Group, up 8%. The company has reported that revenue pe Read More
LONDON (Alliance News) - Rose Petroleum PLC Friday drew attention to the first-quarter earnings of MDU Resources Group, in which the company said the Paradox Basin in Utah is MDU's "fastest growing" oil producing area. Rose Petroleum recently acquired three-quarters of the working interest Read More
LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.<br /><br />Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Next</strong>, up 1.9%. The homeware and clothing retailer reported higher profi Read More
LONDON (Alliance News) - Rose Petroleum PLC Thursday said its total revenue for its fourth quarter 2013 was flat, and its direct production costs fell significantly during the period. The AIM-listed natural resources company said its total revenues for the fourth quarter was flat at USD2.4 Read More
(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osbor Read More
LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osborne confirmed that the government's flagship Help Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Persimmon</strong>, up 4.7%. The housebuilder's share price has jumped following c Read More