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Tower Resources identify 18 million barrels of contingent reserves worth $118M in Cameroon

ShareCast News

Genus raises 68m in share placing to cut debt, capture opportunities

(Sharecast News) - FTSE 250 animal genetics company Genus said on Friday that it has raised 68m in a share placing.
[7 Dec '18 07:55]

Berkeley Group H1 profit drops amid Brexit uncertainty

(Sharecast News) - Berkeley Group posted a drop in half-year profit on Friday as Brexit uncertainty took its toll, but lifted its profit forecast for the full year.
[7 Dec '18 07:37]

Premier Oil hits record production in December

(Sharecast News) - Premier Oil said year-to-date group production year to date had averaged 79,400 barrels a day, hitting a record 98,700 this week.
[7 Dec '18 07:34]

London pre-open: Stocks set to recover as investors eye payrolls

(Sharecast News) - London stocks were set to rise at the open on Friday following heavy losses a day earlier that saw the top-flight index close at its worst level since the Brexit referendum, with non-farm payrolls in focus.
[7 Dec '18 07:34]

Landsec buys Southwark site for 87m

(Sharecast News) - Land Securities on Friday expanded its presence in south London's Southwark with the acquisition of a 1.6 acre site for 87.1m from a private company.
[7 Dec '18 07:27]

AstraZeneca's Imfinzi fails to reach endpoint in difficult trial

(Sharecast News) - AstraZeneca and its global biologics research and development arm MedImmune announced overall survival results for the Phase III EAGLE trial of Imfinzi (durvalumab) on Friday.
[7 Dec '18 07:24]

Friday newspaper round-up: Brexit, O2, Huawei, Lyft

(Sharecast News) - Theresa May's plans for a crackdown on immigration after Brexit could cause UK companies to go bust and spark job losses across the country, the head of Britain's biggest business lobby group has warned. Carolyn Fairbairn, the director general of the Confederation of British Industry (CBI), said the measures aimed at restricting low-skilled immigration could have unintended consequences, and warned the prime minister against using "derogatory terms" about EU migrants working in Britain. - Guardian
[7 Dec '18 07:17]

ABF's Primark fights hard to remain on track

(Sharecast News) - Associated British Foods said that its Primark retail arm endured a "challenging" period of trading last month but expectations for annual profits growth remain unchanged.
[7 Dec '18 07:07]

Commodities: Brent drops on lack of OPEC announcement, amid wave of risk aversion

(Sharecast News) - Energy futures dragged on the entire complex after the Organisation of Petroleum Exporting Countries's ministerial meeting adjourned without a formal announcement to cut its combined output, pending a decision by Moscow.
[6 Dec '18 22:35]

London close: Footsie finishes at two-year low

(Sharecast News) - London's FTSE 100 sank to its lowest close in more than two years on Thursday, joining a broader market selloff as news of Canada's arrest of a Chinese executive at the behest of the US reignited trade war concerns.
[6 Dec '18 16:51]

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