(ShareCast News) - Oil and gas group Genel Energy has completed the sale of a 20% stake in the Chia Surkh project in Iraq to Turkish sector peer Petoil. In a statement released on Thursday, the London-listed company said Petoil will cover the costs of the acquisition by utilising Genel' share of the
Read more(ShareCast News) - Home Retail's interims did little to dispel the doubts of analysts at Canaccord Genuity about the ability of the company to turn around the financial performance of its Argos division. "The investment case on the shares hinges on a view of Argos, with Homebase in effect something
Read more(ShareCast News) - Genel Energy: JP Morgan Cazenove reiterates to overweight. Target price: 610.00p. UBS downgrades to neutral, reduces target price to 400.00p. Sse: Jefferies starts new coverage with a hold, sets target price at 1600.00p. Smiths Group: Citigroup upgrades to buy, raises target pric
Read more(ShareCast News) - UBS downgraded Genel Energy to 'neutral' from 'buy' and cut the price target to 400p from 500p, highlighting concerns that an increasingly complex geopolitical landscape is raising the risk profile of the gas business. UBS said Genel's portfolio can be neatly split into two: an oi
Read more(ShareCast News) - Genel, the largest oil producer and holder of reserves and resources in the Kurdistan region of Iraq, cut its 2015 production and revenue guidance on the back of delays to payments for its exports from the Kurdistan regional government (KRG) and declining prices. The company downg
Read more(ShareCast News) - Domino's Pizza Group: Citigroup upgrades to buy, bumps up target price to 1,170.00p. Randgold Resources Ltd: Deutsche upgrades to buy, raises target price to 5,050.00p. Aveva Group: Berenberg Bank upgrades to buy, lifts target price to 2,450.00p. Dairy Crest Group: HSBC reiterat
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