Integrated natural gas company BG Group's decision to cut its guidance was due to geopolitical factors - in Egypt - and technical factors - in Norway. Nevertheless, the third reason behind that lower forecast - its decision to reduce the number of rigs operating in North America, is sensible. All in all that is the normal reshuffling one would expect from a group of BG's size and with such diverse assets. In fact, the two real drivers for growth remain unaffected. The Queensl [10 Sep '13]
Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. [9 Sep '13]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.