FTSE 250 movers: Thomas Cook flies low, Genus holds fast amid selloff
6th Dec 2018 14:44
(Sharecast News) - London's FTSE 250 was down 2.66% at 17,785.79 in afternoon trade on Thursday, as Thomas Cook led the downward charge following news of its demotion from the index.
Read moreFTSE 250 movers: Dunelm builds while Thomas Cook continues to dive
3rd Dec 2018 14:48
(Sharecast News) - London's FTSE 250 was up 0.93% at 18,652.82 in afternoon trade on Monday as Dunelm soared on the back of a positive broker note.
Read moreBerenberg sees 'more value' in the exploration and production space
1st Nov 2018 14:16
(Sharecast News) - Analysts at Berenberg feel the worst may finally be over for oil and gas exploration and production outfits, with the sector having emerged from its latest downturn stronger than before and ready to reap the benefits of a stronger commodities market.
Read morePremier Oil rallies on Investec upgrade to 'buy'
11th Sep 2018 15:11
(Sharecast News) - Premier Oil rallied on Tuesday as Investec upped the stock to 'buy' from 'hold' and lifted the price target to 150p from 135p noting that the company has finally started to deleverage.
Read morePremier Oil first-half profit doubles on rising oil prices
23rd Aug 2018 07:48
(Sharecast News) - Premier Oil's post-tax profit more than doubled in the first half as rising oil prices more than offset reduced production.
Read moreThursday preview: US-China trade, Premier Oil and CRH in focus
22nd Aug 2018 16:24
(Sharecast News) - Barring any surprises from the minutes of the US Federal Reserve's las policy meeting due out on Wednesday night, the spotlight in markets will continue to be on the results, if any, of the latest round trade talks that are taking place between China and the US in Washington.
Read morePremier Oil's Tolmount Main development sanctioned by partners
20th Aug 2018 07:45
(Sharecast News) - Premier Oil announced that the development of its Tolmount Main gas field has been sanctioned by the joint venture and infrastructure partners on Monday.
Read moreTuesday broker round-up
7th Feb 2017 15:10
(ShareCast News) - Cairn Energy: Deutsche Bank upgrades to buy with a target price of 275p. Servelec Group: Berenberg reiterates buy, 391p target. Anglo American: JP Morgan reiterates overweight with a 1470p target. Premier Oil: Deutsche Bank downgrades to hold with a 90p target. Sanne Group: Be
Read morePremier Oil proposes refinancing as production ramps up
3rd Feb 2017 10:06
(ShareCast News) - Premier Oil announced on Friday that its private lenders had agreed to a long form term sheet, subject to credit approvals. The London-listed firm also confirmed an agreement of revised key terms between Premier and representatives of its convertible bondholders, subject to agreem
Read moreFriday broker round-up
13th Jan 2017 09:27
(ShareCast News) - Tesco: Goldman Sachs reiterates Sell on target price of 150p. Ladbrokes Coral: Barclays starts coverage with Overweight (previously Rating Suspended) on target price of 160p. Premier Oil: Barclays upgrades to Equal Weight on target price of 100p. Randgold Resources: Berenberg up
Read morePremier Oil reaches agreement with lenders
12th Jan 2017 15:14
(ShareCast News) - Premier Oil announced that its lenders have agreed the terms of refinancing its $2.8bn (£32.28bn) debt, with approval scheduled for early February. After nine months of talks over the company's debt pile in one of the most complex financial restructuring deals in the North Sea's h
Read moreFriday broker round-up
18th Nov 2016 18:17
(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read moreBroker tips: Premier Oil, Flybe, St James's Place
18th Nov 2016 13:27
(ShareCast News) - Jefferies upgraded Premier Oil to 'buy' from 'hold', keeping the price target at 88p, as it reckons the company's full debt refinancing will go through. Premier said on Thursday that was in the final stages of negotiations with its banks and private bondholders on its refinancing.
Read moreJefferies ups Premier Oil to 'buy', expects full debt refinancing to go through
18th Nov 2016 07:51
(ShareCast News) - Jefferies upgraded Premier Oil to 'buy' from 'hold', keeping the price target at 88p, as it reckons the company's full debt refinancing will go through. Premier said on Thursday that was in the final stages of negotiations with its banks and private bondholders on its refinancing.
Read morePremier Oil reassures market over its loan position
8th Nov 2016 13:05
(ShareCast News) - Premier Oil said on Tuesday that it has received assurances that none of its senior lenders - including Lloyds Bank - have exited, or are proposing to exit, their loan position. Premier said discussions with the various lending groups on its proposed refinancing continue to progre
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