Tuesday preview: US Federal Reserve, Petrofac in focus
24th Jun 2019 14:34
(Sharecast News) - The market spotlight on Tuesday will be firmly on the US central bank, with at least five top officials, including chairman Jerome Powell set to deliver speeches.
Read moreFTSE 250 movers: Kier climbs, Acacia falls
29th Apr 2019 15:01
(Sharecast News) - London's FTSE 250 index was up 0.19% at 19,895.34 in afternoon trade on Monday, with Kier Group leading the index higher.
Read moreFTSE 250 movers: Funding Circle spiralling lower, TBC Bank climbs
25th Apr 2019 14:14
(Sharecast News) - London's FTSE 250 index was down 0.44% at 19,906.64 in afternoon trade on Thursday, with Funding Circle leading the index lower.
Read moreFTSE 250 movers: oilers gush higher, Funding Circle falters
23rd Apr 2019 15:04
(Sharecast News) - London's FTSE 250 index was down 0.14% at 19,863.81 in afternoon trade on Tuesday, as oil companies led the benchmark index higher on the back of a jump in the price of black gold.
Read morePetrofac tumbles after Iraq walks away from contract talks
18th Apr 2019 15:41
(Sharecast News) - Petrofac shares tumbled on Thursday on the back of reports that the Iraqi oil ministry had ended negotiations over the Ratawi gas hub.
Read moreFTSE 250 movers: Petrofac plunges, Moneysupermarket marches forth
18th Apr 2019 14:18
(Sharecast News) - London's FTSE 250 index was down 0.26% at 19,806.40 in afternoon trade on Thursday, with Petrofac dragging the index downwards.
Read morePetrofac lands $1bn contract as Italian court upholds CEO fine
13th Mar 2019 16:26
(Sharecast News) - Petrofac's shares climbed on Wednesday after it was awarded a 42-month contract worth around $1bn for the Ain Tsila Development Project in Algeria.
Read moreMonday broker round-up
11th Mar 2019 14:06
(Sharecast News) - Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.
Read morePetrofac runs down debt ahead of schedule, but cites near-term uncertainty
28th Feb 2019 08:54
(Sharecast News) - Petrofac managed to erase its net debt last year, witht falling revenues and profitability offset by asset sales.
Read moreTuesday broker round-up
26th Feb 2019 13:32
(Sharecast News) - BT: Berenberg downgrades to hold with a target price of 260p.
Read moreHSBC downgrades Petrofac on 'known unknowns and unknown unknowns'
18th Feb 2019 15:33
(Sharecast News) - HSBC analysts downgraded Petrofac on Monday after taking another look at the implied fair values of the oil engineer in light of the recent developments in the Serious Fraud Office investigation.
Read moreFTSE 250 movers: Plus500 tumbles, oilers bubble up
12th Feb 2019 14:09
(Sharecast News) - London's FTSE 250 gave up its early gains and finished just below flat 18,824.78 on Tuesday, with Plus500 dragging the index lower as its shares plummeted on profit uncertainty.
Read moreMonday broker round-up
11th Feb 2019 13:38
(Sharecast News) - Metro Bank: Berenberg upgrades to hold with a target price of 1,200p.
Read moreJP Morgan downgrades Petrofac after SFO developments
11th Feb 2019 09:02
(Sharecast News) - JPMorgan Cazenove has downgraded its rating on Petrofac after last week's court proceedings suggested the Serious Fraud Office has widened its investigation into the company.
Read morePetrofac's ex-sales chief pleads guilty to bribery charges
7th Feb 2019 09:10
(Sharecast News) - Shares in Petrofac tumbled on Thursday after the oil services group's former global sales chief pleaded guilty to eleven counts of bribery as part of an ongoing Serious Fraud Office probe into the company.
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