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Power generation company Rurelec says independent experts have valued its former assets in Bolivia at 142.2m dollar - the news comes as the company prepares for arbitration following a nationalisation programme in the Latin American country. Rurelec has now submitted the figure as part of its claim
Read moreKate Swann, the chief executive of newsagent chain WH Smith, has opened her account at Babcock International soon after joining the board of the engineering support services company. She spent nearly £35,000, taking 5,000 shares at 688p a time. Ahead of Swann's appointment, Babcock chairman Mike T
Read moreRurelec managing director Peter Earl has invested nearly £29,000 in the Latin American power plants developer and operator which is seeking compensation for the nationalisation of its Bolivian assets. Earl has bought 250,000 shares at 11.5p each. These are all the shares he owns in Rurelec. Earl s
Read moreFootsie finished the day as it started it, marginally in positive territory, but for much of the day it languished in the red, as investors turned their attention to gold. The most actively traded contract in the yellow stuff has risen to a record high of $1,269.50 an ounce in New York trading, as
Read moreStructural steel supplier Billington has reported a sharp fall in profit in the first half of 2010 but this is in line with its expectations at the time of the 2009 figures. Revenues fell from £29.7m to £21.3m in the six months to June 2010, while pre-tax profit slumped from £2.62m to £1.09m. Net ca
Read moreinside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 13 to 20-June-2010 Top 10 Largest Directors' Purchases: 1) ATLANTIA SPA Insider: SINTONIA S.A. Insider Relation: Legal Person Transaction Date: 14 - 31-May-2010 Transaction Volume: 58.519 mln e
Read moreThe Bolivian government has called in Rurelec for compensation talks following last month's decision to nationalise the power plant operator's controlling stake in Guaracachi, the country's largest generator. A Supreme Decree issued by Bolivia's president Evo Morales on 1 May brought the business u
Read moreLONDON (Dow Jones)--Rurelec PLC (RUR.LN), an AIM listed independent power plant developer with operations in South America, said Monday that Jimmy West, Chairman, has resigned with immediate effect. MAIN FACTS: -Andrew Morris has been appointed acting Chairman. -Shares at 1505 GMT flat a
Read moreOil and mining stocks have pulled down Footsie this morning with hefty losses for the heavyweights in both sectors. BP is down heavily as the oil leak in the Gulf of Mexico shows no sign of abating. It has denied responsibility for the rig explosion that caused the problems, but expects to meet the
Read morePower plant group Rurelec ran out of steam today as the Bolivian government nationalised the company's 50.001% stake in the country's largest power generator, Empresa Guaracachi. A Supreme Decree issued by Bolivia's President Evo Morales on 1 May has brought the business under the control of state
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