ENRC.L Share News (ENRC)

Former Director Judge Files Claim Against ENRC - Daily Mail

London open: Stocks edge lower, Syria and Fed taper in focus

The FTSE 100 opened slightly lower on Friday morning after yesterday's strong gains as investors continue to await further developments in Syria and speculate about the future of US stimulus. Cautiousness ahead of a three-day weekend in the States could also be having an effect on risk appetite thi

UPDATE 1-Endgame in sight as ENRC bidders hold 94.5 pct of stock

* Bidders extend offer to Sept. 11 * No rush to sell non-core assets - sources * New group will refocus on Kazakh assets - sources By Clara Ferreira-Marques LONDON, Aug 29 (Reuters) - The founders of troubled Kazakh miner ENRC, leading a $4.8 billion bid to take the compan

ENRC bidders hold 94.5 percent of shares, extend offer

LONDON, Aug 29 (Reuters) - The founders of Kazakh miner ENRC , bidding to buy out minority shareholders, said on Thursday that a majority of small investors had taken up the offer, taking acceptances to 94.5 percent and all but guaranteeing success. The trio of billionaire founders, working

London open: Markets edge lower after long weekend

Stocks fell on Tuesday morning after a three-day weekend as markets attempted to play catch-up following negative sessions in the US and Asia overnight. Concerns over Syria are likely to weigh on sentiment after US Secretary of State John Kerry said last night that Syria would be held accountable f

FTSE 100 movers: IMI, Wolseley, Vedanta Resources

IMI's shares rallied after the engineering company forecast an improvement in trading for the second half as it takes on higher-margin contracts at its severe service business. Wolseley gained after UBS upgraded its stocks to 'buy' from 'neutral' ahead of its results, saying "our analysis of US pee

London open: FTSE 100 slips as investors await Fed minutes

The FTSE 100 fell into the red on Wednesday morning, hitting a fresh six-week low as investors nervously awaited the minutes of the latest Federal Reserve meeting. The index dropped 0.5% to around the 6,420 mark early on. The last time the London benchmark closed lower was on July 5th when it finis

London open: Markets lower, but Kentz rockets after AMEC approach

The FTSE 100 opened slightly lower on Monday morning as traders continue to speculate about the future of the Federal Reserve's quantitative easing programme. The weak start follows the London benchmark's second weekly decline in a row last week and the worst weekly performance on New York's Dow Jo

FTSE 100 movers: Imperial Tobacco, ENRC, BT Group

Imperial Tobacco Group led the FTSE higher as it said it was sticking to its full-year expectations despite a fall in volumes and sales amid difficult market conditions in Europe. Eurasian Natural Resources Corp. gained as speculation escalated over a takeover bid by its founders and Kazakhstan. B

Thursday newspaper round-up: BoE, JP Morgan, China

Top economists expect the Bank of England to take further action to ensure interest rates remain low say it and could relaunch quantitative easing within months if markets do not move into line, The Telegraph reported. Two former JP Morgan bankers face up to 25 years in prison after US prosecutors

London close: Markets lower despite better-than-expected Eurozone GDP

A return to growth in the Eurozone wasn't enough to buoy markets today with the FTSE 100 finishing down 24.51 points at 6,587.43 after a choppy session. Eurozone gross domestic product (GDP) figures showed that the single-currency region exited a recession in the second quarter by expanding 0.3%, a

FTSE 100 movers: RBS leads banks higher after Fitch report

Royal Bank of Scotland Group topped the risers on the FTSE 100 on Wednesday after ratings agency Fitch said that a break-up of the state-backed UK lender into a 'good' and 'bad' bank is increasing unlikely as the costs would outweigh the benefits. Part-nationalised counterpart Lloyds was also making

London midday: Stocks flat despite decent data from UK, Eurozone

The FTSE 100 was continuing to trade more or less flat on Wednesday morning despite economic data from the UK and Eurozone coming in ahead of expectations. "The equity market continues to trade within its recent range this morning as volumes bounce along the bottom and traders struggle for motivati

London open: Subdued start as markets await influx of data

Markets opened broadly flat on Wednesday as traders showed caution ahead of a barrage of economic reports, including the minutes of the latest Bank of England policy meeting.   As well as the minutes, investors will look out for gross domestic product (GDP) figures from the Eurozone, unemployment da

UPDATE 1-Kazakh miner ENRC sees H1 profit drop as buyout looms

LONDON, Aug 14 (Reuters) - Kazakh miner ENRC posted a steeper than expected 17 percent drop in first-half profit on Wednesday, in what could be its final set of earnings as a listed company as its founders push ahead with plans to take the company private. Hit by higher costs and a poor pri