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RLDMon, 11th Feb 2013 12:37
LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.
In a
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Legal & General Group, up 3.2%. The group said it expects to write more
LONDON (Alliance News) - Richland Resources Ltd Wednesday said its production and grades improved in the first quarter, but its total sales fell and the effect of illegal mining activities continues to blight its Merelani tanzanite mine. The gemstone company, with operations in Tanzania, sa
Read moreLONDON (Alliance News) - Aviva has Monday agreed to sell its 47% stake in its South Korean joint venture Woori Aviva Life Insurance to NongHyup Financial Group, as it continues to contract in the region and focus on markets where it can make the best returns on capital.
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Reckitt Benckiser, up 2.3%. Shares in the firm have been on a down trend over the past two weeks, but ahead of
Read moreLONDON (Alliance News) - Richland Resources Ltd said Monday that its directors will be taking a 50% pay cut and it will be undertaking a strategic review of its operations, as profit at its Merelani tanzanite mine at Block C in Tanzania continues to be hit by illegal mining and smuggling operatio
Read moreLONDON (Alliance News) - Richland Resources Ltd Wednesday said production and grades increased in the fourth quarter of 2013, but revenues fell as it awaited the return of high grade production from areas held back by illegal mining. The gemstone company, with operations in Tanzania, said i
Read moreLONDON (Alliance News) - Richland Resources Ltd said Wednesday that it had signed an agreement with Kiberan Resources Limited for a joint venture to consolidate and develop both of the companies graphite assets in Northern Tanzania. The two companies signed a non-binding memorandum of under
Read moreAIM-listed gem stone producer Richland Resources has signed a non-binding memorandum of understanding (MoU) with Kibaran Resources for the consolidation and development of both companies' graphite assets located in northern Tanzania. Forming a joint venture, the two will potentially consolidate Ric
Read moreLONDON (Alliance News) - Richland Resources Ltd Thursday said it has raised GBP2.8 million through the open offer and share placing announced in December. The gemstone exploration, production and sales company, with operations in Tanzania, said valid applications were received for 52.1 mill
Read moreRichland Resources has entered into a long-term supply agreement with Chinese jeweller Chow Tai Seng. The group will supply the Chinese company with polished and cut tanzanite on order-by-order basis from its Tanzanian operations. Once it has been made into jewellery it will be maketed through m
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