AFR.L Share News (AFR)

Westhouse downgrades Afren to 'sell', cuts target by 97.8%

Broker Westhouse Securities has cut Afren from 'neutral' to 'sell' and slashed its target price from 90p to just 2p, saying that the risk of owning shares in the struggling oil producer is too high. Afren has had a tough past 12 months: it dismissed a number of top executives due to unauthorised pay

London midday: Stocks erase gains as Greek fears rattle markets

After a positive start, UK stocks had dropped into the red by Wednesday lunchtime with nerves surrounding Greek politics dampening sentiment, as investors awaited a policy decision later on by the US central bank. London's FTSE 100 was down 0.2% at 6,797 by midday, pulling back after reaching an int

MARKET COMMENT: London Snaps Eight-Day Winning Streak

London midday: Airlines rise, but FTSE lower after weak data, macro concerns

Weaker-than-expected UK data and concerns over Russia weighed on London's stock exchange on Tuesday, as the market pulled back from its highest level in over four and a half months. US stock futures were also heading lower ahead of the opening bell on Wall Street as tech giant Microsoft underwhelmed

UK MIDDAY BRIEFING: EasyJet, IAG Flying High

UK WINNERS & LOSERS: Afren Plunges On Funding Issues

TOP NEWS: Aer Lingus Board Recommends IAG Takeover Offer

MARKET COMMENT: London Stocks Modestly Lower After UK GDP Disappoints

UPDATE: Afren Shares Collapse As Financing Woes Worsen

Afren sees shares plunge after saying it needs to raise funds

Afren's shares plummeted after the oil company revealed it needs to raise funds in excess of its market capitalisation to avoid running out of cash amid falling oil prices. The announcement came as the group has been hit by the suspension of operations in Iraq after finding dry wells. Afren had also

London open: Markets pause ahead of UK GDP, but airlines rise

UK stocks opened flat on Tuesday with gains in the airline and mining sectors offset by falling bank shares, as markets paused at a fresh four-month high. London's FTSE 100 was down just 0.01% at 6,851.55 early on after settling at 6,852.40 on Monday, its best finish since 5 September 2014 when it c

UK MORNING BRIEFING: easyJet And IAG Climb Above Mixed Early Market

Afren Funding Problems Worsen As It Enters Talks With Bondholders (ALLISS)

MARKET COMMENT: BOE Vote Lifts UK Shares As Attention Turns To ECB

London close: ECB speculation, BoE minutes spark surge in UK stocks

Expectations for continued loose monetary policy in the UK and hopes for government bond purchases in the Eurozone gave stock markets a big lift on Wednesday, with London's FTSE 100 rising to its highest in nearly seven weeks. Well-received trading updates from Pearson and SABMiller, and strong gain