Xcite Energy Share News (XEL)

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

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

Xcite Energy Starts Collaboration Deal With Statoil And Shell

LONDON (Alliance News) - Xcite Energy Ltd Tuesday said it has started a collaboration agreement with Statoil Ltd and Shell UK Ltd, part of Royal Dutch Shell PLC, to share technical and operational information in order for potential joint operations at the Bentley and Bressay fields in UK North Se

Xcite Extends Equity Line Facility With Esousa

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has extended the term of its existing equity line facility agreement with Esousa Holdings LLC by three years until July 30, 2017 on the same terms and conditions. There is an undrawn facility amount of GBP30.8 million, which can be us

Xcite Energy Signs MOU For Bentley Oil Field

LONDON (Alliance News) - Xcite Energy Ltd Wednesday said its subsidiary Xcite Energy Resources Ltd has entered into a Memorandum of Understanding with AMEC Group Ltd and Ove Arup & Partners Ltd, which sets out the principles of co-operation for the design and development of Arup's self-installing

Xcite Energy upgrades facilities at Bentley field

North Sea-focused Xcite Energy has entered into a memorandum of understanding with Teekay Shipping Norway for the supply of a bridge linked Sevan floating storage and offloading (FSO) facility for the life of its flagship Bentley field. AIM-listed Xcite said that the bridge linked Sevan FSO offers

Xcite Energy Unit In Deal To Build Facility For North Sea Oil Field

LONDON (Alliance News) - Xcite Energy Ltd Monday said its Xcite Energy Resources Ltd subsidiary has signed a memorandum of understanding with Teekay Shipping Norway AS setting out principles of co-operation for the supply of a bridge linked Sevan floating storage and offloading facility for the l

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip 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

Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S

Xcite Energy Swings To Profit, Improves Balance Sheet, But Shares Slide Further

LONDON (Alliance News) - Xcite Energy Ltd Thursday said it swung to a profit in 2013, stemmed its cash outflows, and will select its preferred partners for its undeveloped oil field in the North Sea this year. The company reported a net profit of GBP6.6 million for 2013, compared with a GBP

Xcite Energy Updates Reserves Data At The Bentley Field

LONDON (Alliance News) - Xcite Energy Ltd Wednesday updated its reserves data for its undeveloped Bentley Field in the UK North Sea following an independent study by AGR TRACS International Ltd. The oil appraisal and development company said its proven oil reserves based on a 35 year produc

Xcite Energy Promotes Andrew Fairclough to CFO Role

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has appointed Andrew Fairclough as its chief financial officer with immediate effect, meaning he will take over responsibility for financing strategy from former CFO and current Chief executive Rupert Cole. Fairclough, 44, joined the

UK BROKER RATING CHANGES: Four Brokers Cut Pearson Price Target

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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KEPLER CHEUVREUX STARTS BP WITH 'BUY' - PRICE TARGET 545 PENCE
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KEPLER CHEUVREUX STARTS BG GROUP WITH 'HOLD

Friday broker round-up UPDATE

Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera

Xcite Energy Secures Refinancing With USD80 Million In Unsecured Loan Notes