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Pin to quick picksEco (Atlantic) Share News (ECO)

Share Price Information for Eco (Atlantic) (ECO)

London Stock Exchange
Share Price: 175.00
Bid: 170.00
Ask: 175.00
Change: 6.50 (3.86%)
Spread: 5.00 (2.94%)
Open: 168.50
High: 175.00
Low: 169.50
Yest. Close: 168.50
ECO Live PriceLast checked at -

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London open: Footsie starts flat

Thu, 3rd Sep 2009 08:17

Footsie is flat in early deals with miners pushing the markets in one direction and financials and defensives dragging it the other.

Amongst the major risers so far are miners Randgold Resources, Lonmin, Xstrata, Kazakhmys, Rio Tinto, Fresnillo and Vedanta Resources. the big fallers are RSA Insurance Group, Barclays and Prudential.

M&S is higher on reports that it will appoint head-hunters to find its new chief executive next year, replacing Sir Stuart Rose.

HMV reported a 1.8% drop in total like-for-like sales in the 18 week period since the end of April in what the entertainment media group called a tough consumer environment. Separately, the group today announced that it is acquiring a 50% equity stake in digital media company 7digital for £7.7m in cash.

Premier Farnell said second quarter sales fell 17% although the rate of sales decline in Europe and Asia Pacific has abated. Revenue fell to £183.7m during the second quarter ended 2 August 2009 from £195.8m the same period a year before. Underlying profit before tax slumped 41% to £10.7m.

McBride's private-label products helped the personal care products supplier to post a rise in profits for the year. Pre-tax profit rose to £22.2m from £15.7m before on revenue that increased 13% to £792.4m

Recruitment group Hays posted a sharp fall in profits in the year to June 30 and said it was seeing no signs of recovery. Pre-tax profits for the year slid to £151m from £264.4m as revenues fell to £670.8m from £786.8m. The firm retained its full-year dividend at 5.8p.

Rail and bus group Go-Ahead said it was pleased to report results slightly ahead of its expectations in June despite profits more than halving. Pre-tax profit fell to £42m against £103.1m last year due to higher costs and exceptional charges. Revenue increased 6.7% to £2,346.1m primarily due to a full year of London Midland and Gatwick Express rail revenue

Housebuilder Bovis said it plans to raise approximately £60m in the sale of 10% or around 12.1m ordinary shares to pay for land purchases.

Swedish firm Tricorona said it has decided not to proceed with an offer for Irish carbon credit company EcoSecurities, which is currently considering the terms of the revised offer from Dutch firm Guanabara Holdings.

More News

Eco Atlantic upbeat as drilling begins on 'Joe' prospect

(Sharecast News) - Eco Atlantic Oil & Gas announced on Tuesday that drilling of the 'Joe' prospect had started offshore Guyana - its second exploration well on the Orinduik Block.

27 Aug 19 16:15

Eco Atlantic upbeat on recent drilling in Guyana

(Sharecast News) - Guyana-focussed exploration company Eco Atlantic Oil & Gas updated the market on recent trading on Friday, reporting that it ended the quarter to 31 March with cash and cash equivalents of CAD 25m (£15.37m).

23 Aug 19 12:17

Eco Atlantic enters 2019 with vigour

(Sharecast News) - Oil and gas exploration company Eco Atlantic updated the market on the first three quarters of its financial year on Wednesday, reporting that it ended its third quarter with cash and cash equivalents of CAD 25.7m (£14.71m), total assets of CAD 28.1m, total liabilities of CAD 0.8m and total equity of CAD 27.3m.

27 Feb 19 11:12

Eco Atlantic Oil & Gas secures rig for Guyana exploration well

(Sharecast News) - Eco Atlantic Oil & Gas on Wednesday contracted a rig, the Stena Forth, to drill an exploration well at the Jethro-Lobe prospect on the Orinduik Block offshore Guyana.

20 Feb 19 16:42

Friday broker round-up

(Sharecast News) - Antofagasta: Peel Hunt downgrades to add with a target price of 930p.

11 Jan 19 13:28

Colombia's attorney general to investigate Ecopetrol oil spill

BOGOTA, April 2 (Reuters) - Colombia's attorney general's office on Monday launched an investigation to determine whether officials from state-run

3 Apr 18 04:27

Colombia's Ecopetrol to pre-pay $350 mln in bonds

BOGOTA, March 13 (Reuters) - Colombia's state-run oil company Ecopetrol will pre-pay $350 million worth of 5-year international bonds a

13 Mar 18 22:39

CERAWEEK-Colombia jumps into Latam oil auction wave, to award blocks in April

(Adds details on offers, paragraphs 5, 11) By Marianna Parraga HOUSTON, March 9 (Reuters) - Colombia plans to award up to 15 oil blocks next

9 Mar 18 19:44

CANADA STOCKS-TSX futures rise as trade war fears abate

March 6 (Reuters) - Canada's main stock index futures rose on Tuesday, in line with a recovery in global markets, as President Donald Trump's proposed tariff plans of

6 Mar 18 12:34

CERAWEEK-Ecopetrol to focus on expansion, trade after budget cut -CEO

* Ecopetrol to start pilot project for unconventional reserves * Output to remain flat or rise in 2018 (Adds details on auctions, domestic market) By Marianna March 5 (Reuters) - for

5 Mar 18 21:48

CERAWEEK-Ecopetrol to focus on expansion, trade after budget cut -CEO

* Ecopetrol to start pilot project for unconventional reserves * Output to remain flat or rise in 2018 (Adds quotes, context, details) By Marianna March 5 (Reuters) - Ecopetrol will

5 Mar 18 19:04

EcoSecurities welcomes JP Morgan bid

Irish carbon credit specialist EcoSecurities, which has been fielding a number of offers for the company, has accepted terms from US bank JPMorgan Chase. Carbon Acquisition Company (CAC), a wholly owned subsidiary of JPMorgan, is offering 100p cash per EcoSecurities share. The terms value the enti

14 Sep 09 08:49

London open: Footsie starts flat

Footsie is flat in early deals with miners pushing the markets in one direction and financials and defensives dragging it the other. Amongst the major risers so far are miners Randgold Resources, Lonmin, Xstrata, Kazakhmys, Rio Tinto, Fresnillo and Vedanta Resources. the big fallers are RSA Insuran

3 Sep 09 08:17

London pre-open: Small fall ahead

London's top stocks look set to add to yesterday's losses, though traders expect only a 10 points drop early on. HMV reported a 1.8% drop in total like-for-like sales in the 18 week period since the end of April in what the entertainment media group called a tough consumer environment. Separately,

3 Sep 09 07:37

Tricorona scraps EcoSecurities bid

Swedish firm Tricorona said it has decided not to proceed with an offer for Irish carbon credit company EcoSecurities. Tricorona announced in July that it is mulling the possibility of making a bid for the group. In response to Tricorona's statement, EcoSecurities said it is in ongoing discussions

3 Sep 09 07:22
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