Next non-exec halves stake
24th Jan 2013 16:07
Steve Barber, a non-executive director of Next, the High Street clothing retailer, has halved his stake in the company with the sale of 5,000 shares. With the shares selling at 4,024p a time the director earned £201,200 before tax. The group said earlier this month that its full year results would
Read moreUrals Energy announces board shake up
21st Dec 2012 13:12
Executive Chairman of Urals Energy, Leonid Dyachenko, has stepped down from the position after three years, the company said Friday. Dyachenko will resign as Executive Chairman but will remain executive director of the independent oil exploration and production company. Andrew Shrager, who held th
Read moreResources round-up: Paternoster, Beacon Hill, Urals Energy
7th Nov 2012 15:42
Paternoster Resources, an investment company focused on the natural resources sector, highlighted the discrepancy between its net asset value per share of 0.52p versus its current share price after it invested in the recent placing of shares in Quadrise Fuels International. As at the close of tradin
Read moreResources round-up: International Mining, African Minerals, Urals Energy
4th Jul 2012 10:36
International Mining and Infrastructure Corporation rose 9% on Wednesday morning after it said its strategic partner had signed an agreement that will see its iron sold to the Chinese market. The firm's partner, African Iron Ore Group, has signed the deal with China Railway Materials Company, one of
Read moreUrals Energy recommences drilling at Petrosakh
20th Apr 2012 12:52
Urals Energy, an independent oil exploration and production company with operations in Russia, has restarted drilling on well 41 at Petrosakh. The firm said that considerable time has been given to its recovery strategy, which has resulted in the continued strengthening of its balance sheet and fu
Read moreUrals Energy abandons well
23rd Sep 2011 07:55
Urals Energy, the independent oil exploration and production company with operations in Russia, has abandoned its development well 51 at Petrosakh, on the eastern coast of Sakhalin Island. The decision was made to plug and abandon the well after conditions became too difficult to continue drilling.
Read moreUrals Energy swings to profit, gets going concern warning
28th Jun 2011 12:05
Russian oil explorer Urals Energy swung to a full year profit due to lowered impairment charges but shares shed 1.8% after the company received a warning from its auditors about its ability to continue as a going concern. The company's auditors signalled that the group's "liabilities exceed its cu
Read moreSmall caps round-up: BATM, London Finance, Dominion Petroleum ...
10th Nov 2010 13:38
Shares in BATM Advanced Communications surged Wednesday after the group said second half revenues will be some 14% ahead of the first, at $63m, in line with the group's full year revenue guidance of $119m. The telecoms firm also expects operating profit (excluding amortisation) of around $6m for th
Read moreSmall caps round-up: Dominion Petroleum, Urals Energy, RSM Tenon...
10th Nov 2010 12:25
Shares in Dominion Petroleum jumped after the oil group said it had completed a seismic survey at Block 7 in deep-water area of Tanzania. 'We are extremely excited by what we already know about Block 7 and early results from the 3D support the drilling of Block 7, perhaps next year depending on ri
Read moreSmall caps round-up: Character, Advanced Computer, Titanium...
9th Sep 2010 14:57
Toy maker Character expects to make a "strong return to profitability" for the year to 31 August and reports second half and full-year sales ahead of forecasts. "Sales in the new year have started well and are likely to substantially out-perform our internal forecasts for September," the firm sai
Read moreUrals Energy 2009 Pretax Loss Narrows 24% To $333.1M
17th Jun 2010 08:22
LONDON (Dow Jones)--Urals Energy PLC (UEN.LN), an independent exploration and production company with operations in Russia, reported Thursday a 24% narrowed pretax loss for 2009 and said that for the short term it will investigate opportunities to increase profitability and develop a program to incr
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