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Alliance News



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Eurozone Govt Deficit Narrows In 2017 
BRUSSELS/FRANKFURT/PARIS (Alliance News) - The euro area government deficit narrowed in 2017, data published by Eurostat showed Monday.The government deficit to GDP ratio fell to 0.9% from 1.5% in 2016....
[ 10:59 ]

Savannah Petroleum Discovers Oil In Bushiya, Plans To Spud Amdigh-1 
LONDON (Alliance News) - UK oil and gas company Savannah Petroleum PLC said on Monday that the Bushiya-1 exploration well in Niger encountered ten metres of net oil-bearing reservoir sandstones across...
[ 10:51 ]

Major Carpetright Investor Reduces Stake As Another Beefs Up Holding (ALLISS) 
LONDON (Alliance News) - Carpetright PLC said Monday Franklin Templeton Institutional LLC reduced its stake in the retailer by 14% last Thursday and, on the same day, Meditor Group Ltd hiked its stake...
[ 10:50 ]

River & Mercantile Quarterly Assets Under Management Up Slightly 
LONDON (Alliance News) - River & Mercantile Group PLC said on Monday its fee earning assets under management rose slightly in the third quarter of its financial year, though investment performance...
[ 10:47 ]

MXC Capital Makes Initial Investment In Liberty Global Joint Venture 
LONDON (Alliance News) - MXC Capital Ltd said Monday it has made its first investment in a joint venture deal with Liberty Global PLC to build a new IT services provider focused on small and medium sized...
[ 10:45 ]

Sportech Agrees To Sell Netherlands Business For EUR3.3 Million 
LONDON (Alliance News) - Sportech PLC said Monday that it has agreed to sell its Netherlands business, Sportech Racing BV, to RBP Luxembourg for EUR3.3 million on a debt-free and cash-free basis.The transaction...
[ 10:45 ]

Lok'n Store Works Toward Storage Pipeline With Strong First Half 
LONDON (Alliance News) - Storage provider Lok'n Store Group PLC said on Monday it plans more expansion as profit and revenue for the first half of its financial year rose.For the six months to the end...
[ 10:43 ]

Petra Diamonds Revenue Rises Amid Record Quarter For Production 
LONDON (Alliance News) - Petra Diamonds Ltd said Monday the three months to the end of March saw a record quarter for production, with a 20% increase compared to the same period last year.The diamond...
[ 10:38 ]

WINNERS & LOSERS SUMMARY: Safestyle And Clarkson Down After Warning 
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Marks & Spencer, up 1.3%. Credit Suisse...
[ 10:35 ]

FairFX Swings To 2017 Profit On Revenue Jump As 2018 Growth Continues 
LONDON (Alliance News) - Multi-currency payments service provider FairFX Group PLC said Monday it swung to a profit in 2017, after revenue grew strongly as its continues to see significant growth in the...
[ 10:35 ]

Berlusconi Bloc Wins Italy Regional Vote; Five Star Is Surprise Loser 
ROME (Alliance News) - Silvio Berlusconi's conservative alliance has won a regional vote that was closely watched amid a national government crisis.Donato Toma, the candidate backed by the Italian ex-premier,...
[ 10:16 ]

Safestyle UK Shares Collapse As Cancels Dividend Amid Weaker Outlook 
LONDON (Alliance News) - Shares in Safestyle UK PLC collapsed a fifth Monday after it cancelled its final dividend upon reporting it expected revenue and profit to be "significantly" below expectations...
[ 10:10 ]

HgCapital Trust Sells Allocate Software For GBP19.9 Million 
LONDON (Alliance News) - Investment firm HgCapital Trust PLC said on Monday it has agreed to sell healthcare workforce management software provider Allocate Software to Vista Equity Partners for GBP19.9...
[ 09:57 ]

Vectura Adds Ex-GSK And Sanofi Executive Whitaker To Board From June 
LONDON (Alliance News) - Vectura PLC said Monday it has appointed Anne Whitaker as non-executive director of the drug development firm from the start of June.Whitaker served as president and chief executive...
[ 09:55 ]

Miners Continue To Express Concern Over New Mining Code In Congo 
LONDON (Alliance News) - FTSE 100-listed gold miner Randgold Resources Ltd said on Monday that it, along with other miners in the Democratic Republic of Congo hope that issues concerning the implementation...
[ 09:53 ]

4D Pharma Loss In 2017 Widens On Higher Research And Development Costs 
LONDON (Alliance News) - Drug development firm 4D Pharma PLC said Monday its loss widened in 2017 on higher research and development costs as it continued to progress its pipeline and clinical trial work...
[ 09:47 ]

BROKER RATINGS SUMMARY: Deutsche Bank Double Upgrades Experian To Buy 
LONDON (Alliance News) - The following London-listed shares received analyst recommendations Monday morning:----------FTSE 100----------DEUTSCHE BANK RAISES EXPERIAN TO 'BUY' ('SELL') - PRICE TARGET 1750...
[ 09:45 ]

US Dollar Spikes Up Against Majors 
OTTAWA (Alliance News) - The US dollar climbed against its major counterparts in early European deals on Monday.The greenback strengthened to more than a 3-month high of 0.9773 against the franc, more...
[ 09:44 ]

Hurricane Energy Appoints Kenmare Resources Chair As New Chairman 
LONDON (Alliance News) - Oil and gas exploration firm Hurricane Energy PLC said Monday it appointed Kenmare Resources PLC Chairman Steven McTiernan as its own non-executive chairman from the start of...
[ 09:43 ]

UPDATE: Stars Group Buys Sky Betting & Gaming In USD4.7 Billion Deal 
LONDON (Alliance News) - Toronto-based The Stars Group Inc said Saturday it has agreed to buy Sky Betting & Gaming from CVC Capital Partners and Sky PLC in a cash and stock transaction for USD4.7...
[ 09:41 ]

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