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Soco International News

Friday broker round-up - UPDATE

Man Group: UBS raises target from 160p to 165p, buy rating unchanged. WPP: UBS ups target from 840p to 920p, buy rating kept. Standard Chartered: Al...

Soco pushes back production targets

Oil and gas firm Soco International lost 28p or 8.5% after reporting that it no longer expects to generate 55,000 barrels of oil per day by late this ...

London midday: Eurozone optimism buoys stocks

Stocks remain buoyant amid hopes that the Eurozone situation may be nearing some kind of resolution. Office provider Regus in particular is benefitin...

London open: Shares jump as Dixons and Supergroup impress

Shares are buoyant in early dealings, with some well-received updates from the retail sector lightening the mood. Consumer electronics retailer Dixon...

SOCO ramps up production in Vietnam

Oil firm SOCO International has started drilling the Mindou Marine 1 exploration well in the Marine XI block in the Congo Basin. SOCO plans to drill ...

London pre-open: Triple digit rise in prospect

After rallying late in the session yesterday, London looks set to carry on where it left off, with City sources predicting the FTSE 100 will open up 1...

Thursday tips round-up: Admiral, Melrose, Pennon...

Admiral's shares suffered yesterday, says the Investment Column at the Independent. The company reported high headline numbers: first-half profits of ...

Soco International profits rise, output to soar

Soco International posted a rise in profits in the half year to 30 June, but it is the prospect of a huge increase in production that is getting the o...