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Premier Oil ShareCast News (PMO)
ShareCast News for Premier Oil (PMO)
| Share Price: 381.00 | Bid: 380.90 | Ask: 381.40 | Change: 0.00 (0.00%) |  | ||||||
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Wood Group wins Premier Oil contract
Wood Group, the FTSE 250 enineering firm, has been awarded a major North Sea contract by Premier Oil to deliver integrated operations and maintenance support services to the Balmoral floating production vessel.[27 Feb '12]
London close: Markets waiting on Greece
- Glencore and Xstrata merger may face regulatory probe.- Board room bust-up at Bumi unnerves Nomura.
- Snow fun's no fun for airlines.
[6 Feb '12]
London midday: Miners drag Footsie lower as Greek crisis continues
Losses were pared by midday, but London's blue chip index remained firmly in the red with Greek talks continuing to weigh on sentiment. Meanwhile, US stock futures were pointing to a weak start on Wall Street.[6 Feb '12]
London open: Stocks slip as Greek deadline looms
UK stocks fell on Monday morning, pulling back following the strong end to last week, with Greece once again in focus as government talks enter a critical stage.[6 Feb '12]
Premier Oil abandons North Sea well
FTSE 250 oil and gas exploration and production firm Premier Oil has reported that the East Fyne Appraisal well in the North Sea, which it operates on behalf of JV partners which include Antrim, is being plugged and abandoned.[6 Feb '12]
London midday: Stocks fall ahead of EU summit
London's blue chip index had fallen close to its lowest levels of the day by lunchtime ahead of the EU summit in Brussels. Meanwhile, markets were still digesting the downgrade of five Eurozone nations on Friday and the talks between the Greek government and private creditors that are still ongoing.[30 Jan '12]
Broker tips: ARM, Whitbread, Premier Oil
Nomura has raised its target price from 570p to 580p for chip designer ARM Holdings but maintained its neutral view of the stock, saying that while the fourth quarter is expected to be 'in-line', there is no real catalyst in the short-term.[30 Jan '12]
Broker snap: UBS downgrades Premier Oil to neutral
UBS has downgraded Premier Oil from buy to neutral, saying that while the outlook remains positive, the valuation appears stretched.[30 Jan '12]
