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27 May 2014 07:36

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.

The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden

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19 May 2014 11:25

Leni Gas & Oil Moves To Second Development Well At Trinidad Site

LONDON (Alliance News) - Leni Gas & Oil PLC Monday said it expects to start spudding the second well at its Goudron Field Site In Trinidad shortly after Well GY-664, the first of 30 planned development wells, was logged and cased to total depth. Leni Gas said after provisional analysis of t

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19 May 2014 07:36

UK MORNING BRIEFING: AstraZeneca Depresses FTSE 100 On Bid Rejection

LONDON (Alliance News) - UK shares have opened starkly mixed Monday, with the FTSE 100 dragged down by AstraZeneca, while the mid-cap FTSE 250 is higher.

AstraZeneca, down 13% at the open, rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially

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14 May 2014 10:40

Leni Gas & Oil Intersects Second Main Target At GY-664 Well

LONDON (Alliance News) - Leni Gas & Oil PLC Wednesday said drilling at its GY-664 well in Trinidad, which has already found a large region of hydrocarbons in its first target, has now intersected part of its second primary target. The oil and gas exploration and development company said the

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14 May 2014 07:29

UK MORNING BRIEFING: ITV Weighs On FTSE 100 Despite Strong Revenue

LONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.

The blue-chip index is being weighed down by broadcaster ITV, whos

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12 May 2014 11:59

UK MIDDAY BRIEFING: BSkyB Confirms Talks To Buy Sky Italia, Deutschland

LONDON (Alliance News) - British Sky Broadcasting confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.

Bloomberg, citing people familiar with the matter, reported that talks about the pot

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12 May 2014 11:13

UK WINNERS & LOSERS: Mining Stocks Rise; BSkyB Falls Sharply

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Rio Tinto, up 3.6%, BHP Billiton, up 2.4%, Antofagasta, up 2.4%, Anglo American, up 1.6%, and Glencore Xstrata,

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12 May 2014 08:49

Leni Gas & Oil Increases Oil Find At GY-664 In Trinidad

LONDON (Alliance News) - Leni Gas & Oil PLC Monday said it has further increased the size of its GY-664 well find in Trinidad and the company has now sold a total of over 100,000 barrels of Goudron oil since taking over operations at the region in October 2012. The oil and gas exploration a

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6 May 2014 11:22

UK MIDDAY BRIEFING: AstraZeneca Asks For Investor Patience

LONDON (Alliance News) - AstraZeneca Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few

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6 May 2014 10:21

CORRECT: UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

(Correcting AstraZeneca made its statement on Tuesday.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Persimmon, up 3

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6 May 2014 10:19

UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Persimmon, up 3.6%, and Barratt Developments, up 1.8%. The h

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6 May 2014 09:31

Leni Gas & Oil Details Oil Find At GY-664

LONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said initial tests at its GY-664 well, the first new development well at the Goudron Field in Trinidad, have shown a larger than expected region of oil and gas bearing sands at the site. The oil and gas exploration and development company

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1 May 2014 13:03

UK MIDDAY BRIEFING: Lloyds Kicks Off Bank Season With Improvement

LONDON (Alliance News) - Lloyds Banking Group kicked off the first-quarter bank earnings season Thursday, reporting that its pretax profit dropped by a third to GBP1.37 billion after last year was buoyed by gains on the sale of government securities.

However, its un

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1 May 2014 11:27

UK WINNERS & LOSERS: Lloyds Atop FTSE 100 Risers; Weir Leads Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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Lloyds Banking Group, up 4.8%. The banking group is the biggest riser in the

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1 May 2014 09:15

Leni Gas & Oil Up As Goudron Development Well Finds Oil

LONDON (Alliance News) - Leni Gas & Oil PLC saw its shares rise Thursday after it said its first development well at its Goudron field in Trinidad had struck oil. The company only started drilling the well this week, and said it had already encountered oil between 571 feet and the current w

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