IAE.L Share News (IAE)

Tesco Chairman keeps the faith after recent poor update

Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p

DIRECTOR DEALINGS: Ithaca Energy Employees Exercise Options And Sell Shares

LONDON (Alliance News) - Ithaca Energy Inc said certain employees including its non-executive chairman Jack Lee, Chief Development Officer John Woods and non-executive director Brad Hurtubise exercised options at prices ranging between CAD0.25 and CAD2.25 per share on Thursday. The number of e

Thursday broker round-up UPDATE

Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell

Ithaca Energy warns Q1 production will be below full year range

Ithaca Energy shares dropped on Wednesday after the North Sea oil and gas operator said first quarter production is expected to be below the full year range. The production drop was being driven primarily by an unplanned shutdown of the Cook field, which was the result of on-going repair work on t

Ithaca Energy Announces 2014 Production Guidance

LONDON (Alliance News) - Ithaca Energy Inc Wednesday announced its production guidance for 2014 after lower production rates in the company's fourth quarter. The North Sea oil and gas producer said its production for the full-year ended December 31 was roughly 13,000 barrels of oil equivale

STOCKS NEWS EUROPE-UK small caps gain, Findel strong

The FTSE Small Cap index and junior-listed AIM shares both gain 0.3 percent, in line with the blue chips and outperforming a 0.2 percent rise on the FTSE 250 index. Home shopping firm Findel climbs 3.5 percent after lifting the funding facility to support the growth of its Express Gifts bus

STOCKS NEWS EUROPE-Ithaca Energy falls on high capex outlook

Shares in Ithaca Energy fall as much as 7 percent after the company's capital expenditure target overshoots analysts' estimates. The North Sea oil and gas operator anticipates capital expenditure of $295 million this year. "2014 capex is expected to be $295 million, about $100 million

Tuesday broker round-up UPDATE

Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p

Tuesday broker round-up UPDATE

Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu

Ithaca Energy Profit Jumps Despite Lower Production Forecast

Ithaca Energy Development Plan Achieves Key Goals, Production Lowers

Ithaca Energy announces new debt facilities

Ithaca Energy has extended and executed long-term senior bank debt financing facilities to fund oil and gas activities. The company has increased its existing reserve-based lending facility from $430m to $610m, phasing out a $350m facility which was used to fund the acquisition of Valiant Petroleu

Clinigen CEO sells a further 0.5m shares post placing

Pharmaceuticals and services business Clinigen said Wednesday that Peter George, its Chief Executive Officer, has sold a further 0.5m shares in addition to the 2.8m disposed of on Monday. The shares, which were all sold for 410p each, were part of the 8.7m placed with a number of directors on Mond

Ithaca Energy CEO Steps Down; Thomas Named As Replacement

UPDATE 1-Ithaca Energy CEO McKendrick to leave

Sept 27 (Reuters) - North Sea oil and gas operator Ithaca Energy Inc said Chief Executive Iain McKendrick was stepping down due to personal reasons, sending its shares down as much as nine percent. Ithaca said McKendrick will be replaced by Les Thomas, a former executive at energy services