LONDON (Alliance News) - Tullow Oil PLC Friday said it has refinanced its USD330 million Norwegian exploration loan facility, increaing the facility to USD500 million and extending the loan availability to the end of 2017. The FTSE 100 oil and gas exploration company said the arrangement re Read More
LONDON (Alliance News) - Tullow Oil PLC Friday said non-executive Director Mike Daly bought 3,175 shares at a price of GBP8.422609 per share, which represents his only holding in the company. Shares closed down 0.1% at 845.50 pence Friday. By Arvind Bhunjun; arvindbhunjun@alliancenews 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) - Faroe Petroleum PLC Monday said drilling has started at the Centrica PLC operated Butch South West exploration well 8/10-6S in the Norwegian North Sea. The oil and gas company, with operations in Norway, the Atlantic margin and the North Sea, said the well, which is 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 is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC said it intends to go ahead with an initial public offering of TSB Banking Group PLC on the London Sto 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) - Tullow Oil PLC said Tuesday it will abandon and plug the exploration well 31/2-21S in the Gotama prospect, offshore Norway, after its drilling programme failed to encounter reservoir quality sandstones in the Upper Jurassic main target. The FTSE 100-listed oil compa 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) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Barclays</strong> PLC was fined GBP26.0 million by UK regulators for failings surrounding the London Gold Fixing, while one of its former 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>Anglo American</strong>, up 0.9%. Anglo American Platinum, a subsidiary, in partnership Read More
LONDON (Alliance News) - UK stocks are trading mixed Friday with investors finding little reason to significantly add to positions at the end of a relatively muted week for equity trading and ahead of a long weekend, although there are some notable individual movers. By mid-morning Friday t Read More
LONDON (Alliance News) - Tullow Oil PLC saw its shares fall Friday after it said a well it was drilling in a potential oil field in Ethiopia had hit water bearing reservoirs. In a statement, the company said it would now move the rig to drill a new exploration well in a completely separate Read More
LONDON (Alliance News) - Tullow Oil PLC saw its shares fall Friday after it said a well it was drilling in a potential oil field in Ethiopia had hit water bearing reservoirs. In a statement, the company said it would now move the rig to drill a new exploration well in a completely separate Read More
LONDON (Alliance News) - UK shares have opened mixed Friday, with mid- and small caps posting small gains while the FTSE 100 has started lower.<br /><br /><strong>Smiths Group</strong> and <strong>Tullow Oil</strong> are depressing the blue-chip index, as Smiths warned about the results of one Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />PANMURE RAISES RSA INSURANCE PRICE TARGET TO 485 (425) PENCE - 'HOLD' <br />----------<br />UBS RAISES WEIR GROUP PRICE TARGET Read More
LONDON (Alliance News) - Shares in <strong>Carphone Warehouse</strong> Group and <strong>Dixons Retail</strong> took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods. <br /><br />The new firm, Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>London Stock Exchange</strong> Group, up 2.4%. The group said its full-year revenue r Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Electronics retailer <strong>Dixons Retail</strong> PLC and mobile phone retailer <strong>Carphone Warehouse</strong> Group PLC said they have Read More