London close: Stocks finish first week of 2025 weaker
3rd Jan 2025 17:12
(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking following a recent rally dampening sentiment.
Read moreIthaca Energy shares rise on Jocelyn South drilling results
24th Dec 2024 12:20
(Sharecast News) - Ithaca Energy shares were in the green on Tuesday, after it noted that exploration drilling at the Jocelyn South prospect in Block 30/07a of the Central North Sea had confirmed the presence of hydrocarbons.
Read moreLondon close: Stocks rise with deal news in focus
28th Nov 2024 16:07
(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.
Read moreLondon close: Stocks rise after UK borrowing data, Nvidia results
21st Nov 2024 16:00
(Sharecast News) - London stocks ended Thursday on a positive note, as markets rebounded following quarterly results from US tech giant Nvidia and investor response to the latest UK government borrowing figures.
Read moreIthaca Energy shares jump on $200m special divi after Eni UK merger
21st Nov 2024 07:17
(Sharecast News) - Shares in Ithaca Energy surged on Thursday after the UK-focused oil group announced a $200m special dividend alongside its third-quarter results, after completing its takeover of Eni UK and finalising a new debt refinancing.
Read moreIthaca Energy prices $750m senior notes, signs $1.24bn facility
11th Oct 2024 08:28
(Sharecast News) - Ithaca Energy announced the pricing of $750m in senior notes due 2029 on Friday, alongside the signing of a $1.235bn amended and restated reserves-based lending (RBL) facility by its subsidiary Ithaca Energy UK.
Read moreIthaca credit ratings upgraded after Eni UK combination
10th Oct 2024 13:06
(Sharecast News) - Ithaca Energy announced on Thursday that, following the completion of its business combination with Eni's UK upstream oil and gas assets on 3 October, its credit ratings had been upgraded by multiple agencies.
Read moreLondon close: Stocks finish lower on China stimulus disappointment
8th Oct 2024 16:06
(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Read moreLondon close: Markets give up gains to finish lower
25th Sep 2024 15:16
(Sharecast News) - London stocks ended Wednesday's session in negative territory as the impact of recent Chinese stimulus measures waned.
Read moreLondon close: Stocks slip as investors digest US jobless claims
5th Sep 2024 18:02
(Sharecast News) - London's stock markets closed in negative territory on Thursday, as investors digested a slightly lower-than-expected jobless claims number out of the United States.
Read moreLondon close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreFTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
23rd Aug 2024 12:13
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreIthica Energy earnings slide amid production decrease
22nd Aug 2024 09:02
(Sharecast News) - Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979.7m in the first half of last year.
Read moreIthaca appoints ENI's Luciano Vasques as CEO
28th May 2024 07:12
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm's UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Read more