A group of Gulf Keystone Petroleum shareholders have increased their stake in the Kurdistan-focused oil explorer above the 3% threshold at which they have to notify the stock market, the group said on Tuesday. [12 Aug '14]
Shares in Kurdistan-focused Gulf Keystone Petroleum are notoriously volatile. In large part that can be put down to its enthusiastic following among retail investors. Another important factor has been the long-running speculation that it could be the target of a take-over bid. Speculation in that regard was stoked last year by a court ruling which confirmed its ownership of the giant Shaikan field. More recently, just last week in fact, its founder Todd Kozel's decision to st [29 Jun '14]
Research from Redburn Partners shows that markets have new-found faith in Primark, the retail arm of Associated British Foods. Yet investors may have cause to be wary. The company's stock price has risen by 50 per cent over the last twelve months, in reaction to plans to expand its budget fashion chain Primark across the Continent. [20 Apr '14]
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