LONDON (Alliance News) - Tullow Oil PLC Tuesday said non-executive Director Steve Lucas bought 600 shares at a price of GBP8.53 pence per share. The stock closed at 864.50 pence Tuesday afternoon, up 5.50 pence or 0.6%. By Anthony Tshibangu; [email protected]; Co Read More
LONDON (Alliance News) - Tullow Oil Tuesday said it has completed its offering of USD650 million worth of senior notes due in 2022, and will use the proceeds to repay some debts it has under its credit facilities. The company had said Monday that it had refinanced its revolving credit facil Read More
LONDON (Alliance News) - Pharmaceuticals giant <strong>GlaxoSmithKline</strong> has confirmed that is investigating allegations of improper conduct in its Iraq business.<br /><br />The Wall Street Journal had cited a person familiar with the matter saying that Glaxo was violating US and UK ant Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugmaker<strong> GlaxoSmithKline</strong> PLC is investigating claims of improper conduct related to its business in Iraq, less than a y Read More
LONDON (Alliance News) - Tullow Oil PLC Monday said it has refinanced its revolving credit facility, increasing it by 50% to USD750.0 million. In a statement, Tullow said the refinanced facility has been extended to April 2017. The arrangement is a fully committed, secured and revolvi Read More
LONDON (Alliance News) - Weak leads from the US and Asia have combined with continued tensions in the Ukraine to depress UK shares at the open Monday.<br /><br />Among UK corporate news at the start of the week, <strong>Kentz</strong> said it has been awarded a USD570 million services contract Read More
LONDON (Alliance News) - Tullow Oil PLC Monday said it has refinanced its revolving credit facility, increasing it by 50% to USD750.0 million. In a statement, Tullow said the refinanced facility has been extended to April 2017. The arrangement is a fully committed, secured and revolvi Read More
LONDON (Alliance News) - The FTSE 100 reversed early gains to close slightly lower Thursday, as investors digested comments made by European Central Bank President Mario Draghi in the wake of the ECB's decision to keep its key interest rate unchanged.<br /><br />Meanwhile, some worse-than-expe 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 />FTSE 100 - WINNERS<br /><br /><strong>Tullow Oil</strong>, up 4.9%. UBS has upgraded Tullow to Buy from Neutral. Following a sharp fall Read More
LONDON (Alliance News) - Stock indices across the UK and Europe are mixed Thursday, showing little reaction to Chinese stimulus measures, while the pound has fallen in the wake of weaker-than-expected UK service sector data, and the euro is flat as a pancake ahead of the European Central Bank ann Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NUMIS CUTS SMITH & NEPHEW TO 'HOLD' ('ADD') - TARGET 1000 PENCE <br />----------<br />GOLDMAN RAISES EXPERIAN PRICE TARGET Read More
LONDON (Alliance News) - UK shares have opened mixed, as markets seem unimpressed by economic stimulus measures announced by China and look ahead to the results of Thursday's European Central Bank meetings.<br /><br />Ahead of the ECB announcement at 1145 GMT, International Monetary Fund chief Read More
LONDON (Alliance News) - Tullow Oil PLC Wednesday said Chief Financial Officer Ian Springett acquired 102 partnership shares, while Chief Operating Officer Paul McDade and executive directors Graham Martin and Angus McCross, acquired 100 partnership shares at a price of GBP7.49 per share Tuesday. Read More
LONDON (Alliance News) - <strong>Marks and Spencer</strong> Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.<br /><br />M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />---------- <strong>BP</strong> PLC announced it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-20 Read More
LONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.<br /><br />Goldman Sachs has added <strong>Go-Ahead</strong> Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp Read More
LONDON (Alliance News) - Tullow Oil PLC Wednesday said it intends to offer USD500 million worth of senior notes that will be due in 2022 to raise funds to repay certain other existing debts. In a statement, the company said the interest rate, offer price and other terms on the notes will be Read More