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Two BP Executive VPs slim down shareholdings

Fri, 02nd Nov 2012 16:39

Making the most of a strong week, two of BP's divisional Executive Vice Presidents have between them sold 130,000 shares in the same week oil giant delivered a better-than-expected performance in the third quarter.Mike Daly, the company's Executive Vice President of exploration, traded in 24,473 shares at 450p and 15,527 shares for 445p, earning a total of £179,224. Andy Hopwood, the Executive Vice President of E&P Strategy & Integration, made three purchases of 30,000 shares for an average price of 445.65p each, pocketing £401,085 altogether. The strong performance seen in the third quarter was driven by the refining (downstream) business, where underlying replacement cost profit before interest and tax improved to a record $3,004m from $1,129m in the preceding quarter and $1,666m in the corresponding period of 2011. Adjusted replacement cost profit in the third quarter was $5.17bn, up from $3.69bn in the preceding quarter, although down from $5.46bn in the corresponding quarter of 2011. The quarterly dividend was hiked to nine cents from eight cents in the second quarter. Top Director BuysCLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 17,228 @ 705.50p Value: £121,544HydroDec Group (HYR) Director name: Lord Colin MoynihanAmount purchased: 790,000 @ 12.50p Value: £98,750Unilever (ULVR) Director name: Ms Ann M FudgeAmount purchased: 1,600 @ 2,323.50p Value: £37,176Spirit Pub Company (SPRT) Director name: Mr Michael TyeAmount purchased: 93,611 @ 60.89p Value: £57,000PureCircle Ltd. (DI) (PURE) Director name: Mr Paul E Selway-SwiftAmount purchased: 12,000 @ 240.00p Value: £28,800PureCircle Ltd. (DI) (PURE) Director name: Mr Paul E Selway-SwiftAmount purchased: 12,000 @ 240.00p Value: £28,800F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 20,000 @ 99.78p Value: £19,956Spirit Pub Company (SPRT) Director name: Mr Paddy GallagherAmount purchased: 26,276 @ 60.89p Value: £15,999Caterpillar Inc. (CTA) Director name: Mr Eugene V FifeAmount purchased: 162 @ € 65.74 Value: € 10,650NR
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1 Nov 2016 08:53

PureCircle unveils Gary Juncosa as COO

(ShareCast News) - High-purity stevia ingredients producer PureCircle announced the appointment of Gary Juncosa as chief operating officer on Tuesday, with immediate effect. The London-listed company said in the role, Juncosa will report to the CEO, Magomet Malsagov, and will be driving the optimisa

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20 Sep 2016 11:01

PureCircle shares down as sales and earnings rise

(ShareCast News) - Producer and marketer of high purity stevia ingredients PureCircle provided the market with its results statement for the year to 30 June on Tuesday, with sales up 9% to $138.6m, and gross margins improving to 57% from 40.3% in the year to 30 June 2015. Operating profit was up an

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13 Jul 2016 15:26

DIRECTOR DEALINGS: New PureCircle CFO Sinha Buys Shares

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12 Jul 2016 06:51

PureCircle Chief Operating Officer Jordi Ferre Resigns

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6 Jul 2016 07:01

PureCircle Notes Strong Sales As New Malaysia-Based CFO Installed

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29 Jun 2016 08:42

PureCircle's stevia imports released by the US

(ShareCast News) - PureCircle, a stevia sweetner producer, said on Wednesday its shipments which were detained by US customs and border protection (CBP) at the beginning of June have been released. The company said that it will "work actively with the CBP to effect a full resolution of the issue for

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29 Jun 2016 07:09

PureCircle Says US Customs & Border Protection Release Shipments

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2 Jun 2016 12:06

PureCircle warns on profit amid US border dispute over stevia

(ShareCast News) - PureCircle's shares are down almost 13% after it warned its full-year sales and profit could be hurt by a US border authorities' detention order affecting its stevia shipments. US Customs and Border Protection (CBP) has issued the order based on an allegation the shipments contain

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2 Jun 2016 08:02

BUZZ-PureCircle: U.S. impounds co's low-calorie sweetener

** Sweetener maker PureCircle's shares down 12 pct pct, worst day since listing last October, after the U.S. seizes low-calorie sweetener stevia imported from China ** U.S. Customs and Border Protection says it obtained information that stevia was produced by convict labour ** PureCir

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2 Jun 2016 07:52

PureCircle Says Detention Order On US Shipments Could Hit Profit

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18 Apr 2016 10:20

DIRECTOR DEALINGS: Purecircle Senior Manager Sells Shares

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5 Apr 2016 07:03

PureCircle Says Improving Margins To Offset "Uneven" Sales Growth

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4 Apr 2016 08:20

PureCircle Appoints Former Britvic Finance Chief To Board

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21 Mar 2016 11:50

DIRECTOR DEALINGS: PureCircle Executive Sells 5,000 Shares

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18 Mar 2016 19:11

CORRECTED-UK sugary drink tax could be sweet for food ingredient suppliers

(Removes incorrect reference to sugar in paragraph 10) * Two-year delay seen as chance to amend recipes * PureCircle, Tate & Lyle, Kerry Group likely beneficiaries * Soft drink makers already open to changing formulas By Martinne Geller LONDON, March 18 (Reuters) - T

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