London close: Footsie keeps climbing
6th Apr 2010 16:29
The day was dominated by news that the general election will be held on May 6 following Prime Minister Gordon Brown's announcement, but Footsie was lifted higher by unrelated factors. Petrofac led the market higher on its first day of trading since demerging its UK Continental Shelf assets into a
Read moreLondon afternoon: Early gains dissipating
6th Apr 2010 14:23
Footsie is still in the blue but the gains are slowly dribbling away on a day which, aside from the heavily trailed dissolution of Parliament, is light on news. Petrofac is leading the market higher on its first day of trading since demerging its UK Continental Shelf assets into a new company, Enqu
Read moreLondon midday: Stocks rise as poll date is confirmed
6th Apr 2010 12:14
With official confirmation of a May 6 election date now received the market is enjoying an end to the uncertainty, though sentiment is tempered by the prospect of a hung parliament. Petrofac is leading the market higher on its first day of trading since demerging its UK Continental Shelf assets int
Read moreOil cos. round-up: Europa, SOCO, Hardy ...
6th Apr 2010 08:15
Production at Europa Oil and Gas's Hykeham-1 well, which lies on the PEDL150 licence near Lincoln, has been bafflingly low. 'To date, the well has produced only small volumes of liquid and some gas. This result is completely incompatible with both the wireline log and geological data from the well
Read moreSmall caps round-up: Flying Brands, Sanderson, First Derivatives...
11th Mar 2010 12:17
Flowers and gifts retailer Flying Brands posted a profit before tax of £2.67m in 2009 compared to a loss of £11.91m. Like-for-like revenue in the Garden division rose 6% to £15.9m, with underlying operating profit up to £1.81m (2008: £1.31m). In the Gifts division, there was a little changed loss o
Read moreSmall caps round-up: Entertainment One, Avon Rubber, African Eagle ...
21st Jan 2010 13:01
Entertainment One, trading down at 13.5p last March, hit 65p today after predicting better than expected full-year results following a strong third quarter. The firm behind the Twilight vampire films said the film business has made excellent progress, with 97 films released so far this financial ye
Read moreAurelian and Europa 'delighted' by Romanian well
17th Nov 2009 09:49
Aurelian Oil and Europa Oil & Gas both improved Tuesday after testing at the Voitinel-1 well in Romania revealed between 50 and 100 billion cubic feet of gas in place. The pair said this estimate does not include any contribution from the 1400 sand, which it thinks is likely to be similarly product
Read moreSmall caps round-up: Europa Oil, Rugby Estates IT, Dunedin Enterprise...
13th Nov 2009 14:52
Europa Oil & Gas is up after starting drilling at the Hykeham-1 exploration well on the PEDL150 licence near Lincoln in the East Midlands. The well is testing the potential for up to 20 million barrels of oil in place in two target horizons. Target depth of just over 1,000m is expected to be reache
Read moreCluff makes £200,000 profit
10th Nov 2009 15:47
Cluff Gold boss Algy Cluff has cut his stake in the West Africa-focused mining company. The company's chairman and chief executive raised £280,000 from the sale of 400,000 shares, which he obtained through exercising options at 20p a share. That means that he made a £200,000 profit on the shares.
Read moreSector movers: Oil stocks up ahead of results
26th Oct 2009 13:06
Oil giants BP and BG group are helping lift the sector ahead of their third quarter results tomorrow and on Wednesday respectively. Among smaller companies, Europa Oil and Gas is posting good gains after saying the opportunity to drill its Hykeham-1 exploration well near Lincoln had arisen earlier
Read moreSmall Caps round-up - M J Gleeson, Off-Plan Fund, Red Leopard...
26th Oct 2009 11:42
Urban regeneration and strategic land specialist M J Gleeson has named Jolyon Harrison as the managing director of its Gleeson Regeneration & Homes division. Harrison, 61, who's spent 40 years in the house building business in the North of England, will replace Colin Rossiter on 2 November. He bou
Read moreSmall caps round-up: CBG, Driver, Development Securities...
24th Aug 2009 11:22
Aim-listed insurance broker CBG said it has responded positively and quickly to the current economic slowdown. "The recent period has seen earnings decline in many lines of business and, as a result, we have put in place a significant cost reduction programme which has been focused on the reorgani
Read moreEntertainment One bosses add to stakes
25th Jun 2009 16:40
Three of the senior directors at film maker and distributor Entertainment One have built on their holdings following an upbeat trading statement yesterday. Darren Throop, chief executive, purchased 300,000 shares at 21.5p per share, boosting his total holding to 4.5m shares or 3.47%. Giles Willits
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