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London pre-open: Shares to drop
12th May 2009 07:42
London's blue chips look set to open lower with traders expecting Footsie to shed around 30 points early on. Pubs group Enterprise Inns has called time on its dividend as it seeks to pay down its debt pile. The company announced an interim pre-tax profit of £103m, in line with market expectations b
Read moreTullow says outlook 'very positive'
12th May 2009 07:01
Ireland-based Tullow Oil has performed strongly in 2009 to date and said the outlook for the rest of the year remains 'very positive'. The Jubilee development is on track for first oil in the second half of 2010 and the group has maintained a 100% success rate with its drilling operations in both G
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