London afternoon: Pick-up at Penguin boosts Pearson
26th Jul 2010 14:37
Leading shares remain mixed ahead of the deluge of big company announcements later in the week that includes oil giants BP, Shell and BG. Tullow Oil may be smaller than the aforementioned triumvirate but its shares are outperforming all of them and the rest of the Footsie constituents today after i
Read moreBEFORE THE BELL:US Stock Futures Edge Lower, Focus On Earnings
26th Jul 2010 13:12
By Polya Lesova U.S. stock futures edged lower on Monday after the strong gains posted last week, as traders focused on second-quarter earnings season now that European bank stress-test results are out of the way. S&P 500 futures dropped 3.10 points to 1,097.50 and Nasdaq 100 futures declin
Read moreLondon midday: Updates fail to move Footsie
26th Jul 2010 12:13
Footsie is still seeking direction despite a stream of company news updates that have moved share prices Banks Lloyds, Royal Bank of Scotland and Barclays are all strongly ahead after they sailed through the tests last week. BP is ahead after the oil giant confirmed it will t will hold a board me
Read moreBEFORE THE BELL:US Stock Futures Waver, Focus On Earnings
26th Jul 2010 11:09
By Polya Lesova U.S. stock futures wavered between small gains and losses on Monday, as traders focused on second-quarter earnings season now that European bank stress-test results are out of the way. S&P 500 futures edged down 1.60 points to 1,099 while Nasdaq 100 futures traded virtually
Read more2nd UPDATE: Pearson Ups 2010 Outlook After Strong First Half
26th Jul 2010 09:20
(Adds analyst comments, details) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pearson PLC (PSON.LN) Monday upgraded its outlook for 2010 as the publisher reported better-than-expected first-half results, underpinned by the strong performance of its education and publi
Read moreLondon open: Solid start to week
26th Jul 2010 08:49
Relief at the relatively benign results of the European banking system stress test has encouraged buyers into the market. Lloyds, Royal Bank of Scotland and Barclays are all strongly ahead after they sailed through the tests last week. Tony Hayward, the embattled BP chief executive, will collect
Read more2nd UPDATE: Tullow Makes Exciting New Oil Find Offshore Ghana
26th Jul 2010 08:26
(Adds Tullow comment, share price move.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Tullow Oil PLC (TLW.LN) shares rose almost 6% Monday after it said it has found a major new field offshore Ghana, potentially adding a billion barrels of oil equivalent to the resource est
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
26th Jul 2010 08:04
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0704 GMT [Dow Jones] Tullow Oil's (TLW.LN) latest discovery offshore Ghana, the Owo field, is world class, says NCB Stockb
Read moreMARKET TALK: Tullow's Owo Discovery Is World Class - NCB
26th Jul 2010 08:04
0704 GMT [Dow Jones] Tullow Oil's (TLW.LN) latest discovery offshore Ghana, the Owo field, is world class, says NCB Stockbrokers analyst Peter Hutton. The field contains light oil, which considerably improves the economics, and will move Tullow materially closer to its top-end resource estimate of 1
Read moreUPDATE: Tullow Oil Makes Significant New Find Offshore Ghana
26th Jul 2010 07:47
(Adds analyst comment.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Tullow Oil PLC (TLW.LN) said Monday it has found a major new field offshore Ghana, potentially adding a billion barrels of oil equivalent to the resource estimate for the area. The Owo-1 well, close to
Read moreMARKET TALK: Tullow's Owo Oil Find "Really Exciting" -Panmure
26th Jul 2010 07:41
0641 GMT [Dow Jones] Tullow Oil's (TLW.LN) latest oil discovery offshore Ghana in the Owo field is "really exciting," and could add a billion barrels to the resource estimate for the area, says Panmure Gordon analyst Peter Hitchens. If Owo had not found oil, resources in the greater Tweneboa area wo
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 07:41
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0641 GMT [Dow Jones] Tullow Oil's (TLW.LN) latest oil discovery offshore Ghana in the Owo field is "really exciting," and cou
Read moreTullow Oil Makes Significant New Find Offshore Ghana
26th Jul 2010 07:21
By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Tullow Oil PLC (TLW.LN) said Monday it has found a major new field offshore Ghana, continuing its outstanding run of oil exploration success in Africa. The Owo-1 well, close to the existing Tweneboa oil and gas discovery, "inter
Read moreTullow Oil: Owo-1 Well Ghana Intersects Significant Light Oil
26th Jul 2010 07:13
LONDON (Dow Jones)--Tullow Oil PLC (TLW.LN) said Monday the Owo-1 exploration well in the Deepwater Tano license offshore Ghana has intersected a significant column of excellent quality light oil. MAIN FACTS: -Results of drilling, wireline logs and samples of reservoir fluids have establishe
Read moreTullow cheers 'major new oil field' in Ghana
26th Jul 2010 07:02
Tullow Oil said it has found a significant column of excellent quality light oil when drilling the Owo-1 exploration well in the Deepwater Tano licence offshore Ghana. Results of drilling, wireline logs and samples of reservoir fluids have established Owo as a major new oil field requiring further
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