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LONDON (Alliance News) - Shares in Carphone Warehouse Group and Dixons Retail took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods.
The new firm,
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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London Stock Exchange Group, up 2.4%. The group said its full-year revenue r
LONDON (Alliance News) - Range Resources Ltd Thursday said it has secured USD12 million in financing through a subscription agreement with Abraham Ltd, a Hong Kong-based private investor. The hydrocarbon exploration firm said Abraham will subscribe the USD12 million in cash and will be issu
Read moreLONDON (Alliance News) - Range Resources Ltd Friday said it has made a strategic decision to partially withdraw from Colombian operations and has cancelled its investment obligations at the PUT-7 block in the Putumayo Basin, Colombia. The hydrocarbon exploration firm said it will now not be
Read moreLONDON (Alliance News) - Range Resources Ltd Friday said it has made a strategic decision to partially withdraw from Colombian operations and has cancelled its investment obligations at the PUT-7 block in the Putumayo Basin, Colombia. The hydrocarbon exploration firm said it will now not be
Read moreLONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.
Both Petrofac and Drax Group issued profit warnings prior to the open. Petrofac is down 15% at the open, w
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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Royal Dutch Shell, up 4.7%. The oil and gas giant said its earnings almost
LONDON (Alliance News) - Range Resources Ltd Wednesday said its Atzam #5 well in Guatemala has been successfully drilled and found oil and gas in three lower reservoir sections. The hydrocarbon exploration firm said the Atzam #5 well has been successfully drilled by Citation Resources, the
Read moreLONDON (Alliance News) - Range Resources Ltd Tuesday announced an update to its operations and financing plans, and noted that it has failed to complete the sale of its Texas assets within an agreed timeframe. The hydrocarbon exploration firm said its average Trinidad production for March w
Read moreLONDON (Alliance News) - Range Resources Ltd Monday said its pretax loss widened in its first half as falling revenues and finance costs hit the company as it develops operations in Trinidad. The hydrocarbon exploration firm said its pretax loss widened to USD17.6 million for the six months
Read moreLONDON (Alliance News) - Oil & gas exploration company Range Resources Ltd Monday said it has appointed a vice president of production and a vice president of exploration instead of a single chief operating officer. In a statement, Range Resources, which kicked off the search for a new chie
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Shares in Range Resources rose after the oil company announced a positive update on operations at its Trinidad assets. The QUN 148 well has shown 30 feet of oil sands after being drilled to a target depth of 691 feet in the Lower Forest horizon. The well is scheduled to be perforated and complete
Read moreLONDON (Alliance News) - Range Resources Ltd Monday said it has been successful in its bid for the St Mary's block in Trinidad following its submission in the Trinidad offshore bid round 2013. The hydrocarbon exploration firm said the successful bid was formally announced by the Ministry of
Read moreLONDON (Alliance News) - Range Resources Ltd Monday said it has appointed Royal Dutch Shell PLC's Rory Russell as the company's new chief executive officer. The hydrocarbon exploration firm said Russell has ten years of experience in upstream positions at Shell and was most recently finance
Read moreLONDON (Alliance News) - Range Resources Ltd Tuesday said partner Citation Resources Ltd has started drilling the Atzam #5 well on the Atzam Oil field in Guatemala in which Range has a 32% interest. In a statement from Citation, the company said it started drilling January 15 and is on sche
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