Friday 21 Oct 2011
Petrofac is going back into exploration in the North Sea for the first time since it spun off EnQuest in March last year. It is selling an 80% stake in a floating production facility already there to Ithaca Energy and its partner, the Dutch oil company Dyas, in exchange for a 20% stake in three licences operated by Ithaca. Petrofac shares are off 18% since their May peak. The shares sell on 13.5
Thursday 20 Oct 2011
Stocks were mixed at the close of trade amid continued uncertainty over the Eurozone situation.
Thursday 20 Oct 2011
Stocks were firmly in the red at the close of play after a faltering start on Wall Street where earnings season is in full swing.
Thursday 20 Oct 2011
Pace dropped almost 12% after reporting that it could see $9.5m knocked off its operating profit this year because of floods in Thailand.
Thursday 20 Oct 2011
Colonel Muammar Gaddafi has been killed, according to the vice chairman of Libya’s National Transitional Council (NTC), after Sirte, the last of the strongholds of former leader, fell to revolutionaries earlier today.
Thursday 20 Oct 2011
Stocks are still mixed despite some heartening economic data.
Thursday 20 Oct 2011
Sirte, the last of the strongholds of former Libyan leader Colonel Gaddafi, has fallen, according to reports, and there are rumours that Gaddafi himself has been captured or even killed.
Thursday 20 Oct 2011
Sirte, the last of the strongholds of former Libyan leader Colonel Gaddafi, has fallen, according to reports, and there are rumours that Gaddafi himself has been captured or even killed.
Thursday 20 Oct 2011
Nomura has kept its reduce rating and cut its target price for Argos and Homebase owner Home Retail, saying that rising costs and the outlook are an ongoing concern.
Thursday 20 Oct 2011
Retail stocks are on the offensive today, but with the Eurozone situation continuing to stoke fears over global growth, miners are dragging the top share index lower.
Thursday 20 Oct 2011
Trading in the year to 30 September has been better than expected, the construction consultancy Driver said.
Thursday 20 Oct 2011
Scancell Holdings, the developer of cancer treatments, has been granted a patent for its lead vaccine SCIB1.
Thursday 20 Oct 2011
Shares in Transense Technologies leapt today after it announced a deal with Pirelli in Brazil to supply its tyre monitoring tools.
Thursday 20 Oct 2011
1110: The top share index has won back some losses, but miners continue to weigh. Rio Tinto is at the bottom of the pile amid weak metals prices on global growth fears. Retailers are going well though, with the strong sales figures that came out at 9.30am providing a boost. High street favourite Marks & Spencer leads the way, with fellow clothing retailer Next also going well and Kingfisher, the
Thursday 20 Oct 2011
Petrofac: Investec puts 1,705p target under review, keeps buy rating.
Thursday 20 Oct 2011
Pace, the Yorkshire-based maker of set top boxes, could see $9.5m knocked off its operating profit this year because of floods in Thailand.
Thursday 20 Oct 2011
The Footsie tumbled in the opening minutes on Thursday morning, following a strong day yesterday, with just three stocks making gains. Markets seem to have lost their optimism as Franco-German talks regarding the Eurozone rescue fund are not going on as smoothly as some had hoped.
Thursday 20 Oct 2011
A significant slowdown in sales at soft drinks group Britvic held back group revenue growth to 14.6% (constant currency) in the year ending 2 October, the group said in its pre-close statement.
Thursday 20 Oct 2011
The unexpected meeting yesterday, between French President Nicholas Sarkozy and German Chancellor Angela Merkel, seems not to have borne any fruit as regards efforts to improve the efficacy of the European Financial Stability Fund (EFSF).
Thursday 20 Oct 2011
Petrofac, the FTSE 100 provider of facilities to the oil and gas production industry, has continued to perform in line with expectations in the year-to-date, the firm has announced.
You are here: news > editors picks