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3 Jun 2014 11:29

Rose Petroleum Swings To Loss On Impairment Of Uranium Assets

LONDON (Alliance News) - Rose Petroleum PLC Tuesday swung into a pretax loss in 2013, hit by impairment charges on its uranium exploration and evaluation assets. The company posted a pretax loss of GBP3.0 million, swung from a pretax profit of GBP54,304 in 2012, as revenue declined to GBP5.

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23 May 2014 15:55

MARKET COMMENT: FTSE 100 Posts Biggest Weekly Loss For Six Weeks

LONDON (Alliance News) - The FTSE 100 closed lower Friday, ensuring that it posted its biggest weekly loss for six weeks, but individual stocks were again in focus as the broader index traded a tight range ahead of the long weekend. "The Federal Reserve, quantitative easing, and low rates a

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23 May 2014 12:20

Rose Petroleum shares soar on Utah asset analysis

Shares in Rose Petroleum more than doubled in value on Friday morning after the group revealed strong economic analysis and reserve reports for its projects in Utah. The reserve report showed that the Mancos and Paradox oil and gas projects, in which Rose, through its Utah subsidiary, holds a 75%

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23 May 2014 11:40

UK MIDDAY BRIEFING: Barclays Fined For London Gold Fixing Failings

LONDON (Alliance News) - Barclays was Friday fined GBP26.0 million by UK regulators for failings surrounding the London Gold Fixing, while one of its former traders has been banned for trying to influence the price-setting process just one day after the bank was fined for its

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23 May 2014 09:53

Friday broker round-up UPDATE

Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its

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23 May 2014 08:16

Rose Petroleum Shares Jump As It Gets Positive Reports On Utah Licenses

LONDON (Alliance News) - Rose Petroleum PLC saw its shares jump by nearly two-thirds Friday after it said it had received positive economic analysis and reserve reports for its Mancos and Paradox oil and gas projects in Utah in the US. The company, which also has oil and gas licenses in Ger

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16 May 2014 12:10

UK MIDDAY BRIEFING: Carphone In Talks To Sell French Mobile Venture

LONDON (Alliance News) - Carphone Warehouse and Virgin Group are in exclusive talks to sell their Virgin Mobile France joint venture to Numericable Group for EUR325 million, just a day after Carphone announced its GBP3.6 billion merger with Dixons Retail.

The joint

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16 May 2014 10:29

UK WINNERS & LOSERS: LED International Off 58% As It Awaits Cash

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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WM Morrison Supermarkets, up 4.2%, J Sainsbury, up 2.6%, and

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16 May 2014 10:24

Rose Petroleum Increases Acreage In Paradox Block In Utah

LONDON (Alliance News) - Rose Petroleum PLC Friday said it has increased its acreage in the shale gas prospective western Paradox Block in Utah by 35,000 acres giving it the opportunity to become a "significant player in the US oil and gas industry". The AIM-listed natural resources company

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2 May 2014 11:56

UK MIDDAY BRIEFING: IHG, RBS And AstraZeneca Highlight London Trade

LONDON (Alliance News) - InterContinental Hotels Group saw its share price jump Friday after the company declared a USD750 million special dividend and reported strong results for its first quarter.

IHG's dividend comes after the firm completed two asset disposals

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2 May 2014 11:00

UK WINNERS & LOSERS: InterContinental Hotels, RBS Lead FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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InterContinental Hotels Group, up 8%. The company has reported that revenue pe

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2 May 2014 08:21

Rose Petroleum Welcomes Paradox Basin Comments By MDU Resources

LONDON (Alliance News) - Rose Petroleum PLC Friday drew attention to the first-quarter earnings of MDU Resources Group, in which the company said the Paradox Basin in Utah is MDU's "fastest growing" oil producing area. Rose Petroleum recently acquired three-quarters of the working interest

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20 Mar 2014 15:24

Rose Petroleum's fourth quarter revenue rises

Rose Petroleum's revenue in the fourth quarter increased as the group bought three oil and gas licences in Germany. Total revenue came to $2.43m in period from October 1st to December 31st, up from $2.41m a year earlier. The oil and gas company, which also mines gold and silver in Mexico, acquired

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20 Mar 2014 13:01

UK MIDDAY BRIEFING: Budget Aftershocks Reverberate Through Shares

LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.

Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello

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20 Mar 2014 11:28

UK WINNERS & LOSERS: Bookmakers, Annuity Providers Continue To Fall

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

Next, up 1.9%. The homeware and clothing retailer reported higher profi

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