London close: Late rally leaves Footsie little changed
19th Aug 2009 17:14
Share prices of London's leading stocks closed mixed, thanks to a late rally, after the market had spent most of the day in retreat. ENRC was the day's star performer despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut in half but investors were e
Read moreLondon afternoon: Lloyds provides some cheer
19th Aug 2009 14:14
The bears are back in command today with the blue-chip index in the red, though the size of the decline has been exacerbated by a number of index constituents trading in ex-dividend form. Former Bank of Ireland governor Richard Burrows is to be the new chairman of Lucky Strike maker British Americ
Read moreCash starts to flow at Ithaca
19th Aug 2009 13:27
Canadian independent oil and gas company Ithaca Energy moved into the black in the second quarter and recorded its first quarter of positive cash flow. Net profit for the three months to end-June was $3.78m, compared to a loss of $1.52m in the second quarter of 2008, helped by a $5.6m gain on finan
Read moreSmall caps round-up: Forum Energy, Ithaca Energy, Group NBT..
22nd Jul 2009 09:37
A reduction in admin costs helped Philippines-focused oil and gas group Forum Energy post a smaller pre-tax loss in the six months to June 30, despite falling revenues. Pre-tax losses totalled $1.2m, compared with $1.7bn over the same period the previous year, as revenues slipped to £203,000 from £
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