Fri, 19th Feb 2021 16:12
Iodine producer Iofina enjoyed better production than it expected in May, 86% higher than its previous months' production, and was profitable for the month. Chairman Lance Baller said the iodine market continued to be challenging, but the company was benefitting from its low level inventory levels
Read moreLONDON (Alliance News) - Iofina PLC Tuesday said it exceeded its iodine production target for May, achieving a profitable period for the company following the implementation of operational improvements and cost controls. Iofina, which produces iodine from the brine that results from frackin
Read moreLONDON (Alliance News) - UK shares have opened marginally lower Tuesday ahead of European data seen as having a possible influence on Thursday's European Central Bank meeting. Wolseley leads the FTSE 100 gainers after reporting a strong third quarter. It is up 2.3%. <
Read moreLONDON (Alliance News) - Iofina PLC said Tuesday that production at its IO#1 production plant rose more than 25% in April, following a number of upgrades at the site. The specialists in the exploration and production of iodine and iodine specialty chemical derivatives said that while IO#1 w
Read moreLONDON (Alliance News) - BP Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
-------
FTSE 100 - WINNERS
-------
Shire, up 3.6%. The pharmaceutical company is the leading riser in the blue-c
LONDON (Alliance News) - Specialist iodine producer Iofina PLC Tuesday said it has successfully completed a USD5 million unsecured bond to be issued to Panacea Ltd. The company said it intends to use the proceeds of the bond to strengthen the company's cash position, which stood at USD2.3 m
Read moreLONDON (Alliance News) - The following is a summary of top news stories Monday.
----------
COMPANIES
----------
US drugs giant Pfizer Inc confirmed that it has now twice approached British peer AstraZeneca PLC with a takeover proposal, and is considering it