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AMOFri, 05th Dec 2014 09:48
Michael Press has raised £1.4m from selling shares in oil services provider Petrofac ahead of the proposed demerger of its oil and gas assets. Press is the senior independent non-executive director on the board of Petrofac. He sold 120,000 shares at 1173.65p each. He retains 120,000 shares. This i
Read moreOnline video services provider Amino Technologies warns 2009 results will be "significantly" below expectations as order slippage and component shortages cause a "material" loss in the second half. In an update for the year ending 30 November, it said orders expected to close in the period have not
Read moreA late rally driven by early gains in the US had London back up at session highs, with gains among financial plays easily offsetting a weaker property sector. Investors overcame disappointing US housing starts data that had the blue chip index struggling at session lows mid-afternoon. The annual ra
Read moreDisappointing US housing starts data took the wind out of London's sales over the lunchtime session, though the blue-chip FTSE 100 index remains in the blue. Housing starts are seen as one of the vital signs of the US economy and July's figures disappointed, with the annualised number of housing sta
Read moreOnce again mining stocks are in the driving seat but today they are driving the market north, with many stocks recovering some of yesterday's heavy losses. Xstrata, ENRC, Kazakhmys and Lonmin are the picks of the mining sector, along with cash strapped Rio Tinto, which has received a $2.025bn offe
Read moreLondon's top stocks are winning back some of the heavy losses it posted yesterday, with miners among the main risers. Xstrata is the best blue chip performer in early dealings, closely followed by Rio Tinto, Randgold Resources and Kazakhmys. Cash strapped miner Rio Tinto has received a $2.025bn of
Read moreFootsie is expected to win back some of the heavy losses it posted yesterday. British Land saw the value of its property portfolio fall to £8.18bn in the first quarter but said the pace of decline has slowed markedly. The group, which has been the subject of intense bid speculation, said £3.2bn (39
Read moreOnline video services provider Amino Technologies posted an operating loss compared with a profit the same time a year before as challenging economic conditions continued hit the group. The group reported an operating loss before exceptional items of £3.10m for the six months ended 31 May 2009 com
Read moreOnline video services provider Amino Technologies expects to make an operating loss at the interim stage as a result of revenue shortfalls in the Americas and an increase in its cost base following the merger with Tilgin IPTV. After an operational review the board has identified cost savings that w
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