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RPOTue, 26th Mar 2013 16:33
LONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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Capital & Counties Properties PLC said it has formed a joint venture with Transport for London that will al
LONDON (Alliance News) - UK shares have opened higher Friday, as a consumer confidence survey has reinforced positive sentiment from strong UK retail sales figures released on Thursday.
British consumer confidence hit its highest level since August 2007 on upbeat general economic an
LONDON (Alliance News) - Ruspetro PLC Friday said it has signed a further crude oil prepayment facility with Glencore Energy UK Ltd, a subsidiary of Glencore Xstrata PLC, for USD30 million. The Russian oil and gas company said the deal renews and replaces its existing prepayment facility wh
Read moreLONDON (Alliance News) - Ruspetro PLC Friday said it has agreed to amend the terms of its share option agreement with Sberbank Capital LLC, deferring the exercise period and raising the option price. The option agreement was initially signed on December 2 2011, prior to Ruspetro's initial p
Read more- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreLONDON (Alliance News) - Ruspetro PLC Friday said average daily production for the fourth quarter was down 6.0% on the third quarter. The oil and gas development and production company which has operations located on three contiguous licence blocks in the middle of the Krasnoleninsk Arch in
Read moreOil extraction specialist Ruspetro has revealed that its earnings before interest, tax, depreciation and amortisation (EBITDA) will be significantly enhanced by changes to Russian tax law on 'tight oil'. The small cap-listed company said new tax breaks applied to hard-to-extract 'tight oil' could i
Read moreAfren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreDonald Wolcott, Chief Executive Officer of Ruspetro, the oil and gas producer, has acquired 502,947 shares taking his total holding in the company to 12.79m. The director bought the shares at 42.5p each, costing a total of £213,702. The group last month said that it is planning to restructure it
Read morePaul Manduca, the Chairman of Prudential, the FTSE 100 life insurance company, this week showed his faith in the company with the purchase of 20,000 shares following a hefty fine levied by the Financial Services Authority (FSA) at the end of March. Manduca, who became Chairman in July of last year
Read moreRussia-focused oil and gas group Ruspetro surged on Wednesday after its President spent over 100,000 pounds-worth of shares, yet shares are still well off levels seen last year after a tough period for the company. Ruspetro, which operates mainly in the Khanty-Mansiysk region of the West Siberian b
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