Market Report
Northern Petroleum acquires Rockhopper assets in Italy
Oil and gas company Northern Petroleum announced the acquisition of onshore production and development gas assets in Italy on Thursday, from Rockhopper Mediterranean - a wholly owned subsidiary of Rockhopper Exploration.
Clontarf Energy reports positive talks with Ghanaian government
Clontarf Energy reported on Thursday that discussions had taken place with the Ghanaian government in recent days relating to the Tano 2A onshore offshore block in Ghana.
Sopheon talking up accolades at AGM
As investors in international software and services provider Sopheon gathered on Thursday for the company’s annual general meeting, its board released an update to the market on its current trading and position.
Europe open: Investors play it safe ahead of key risk events
Stocks are little changed ahead of a trifecta of potentially market moving risk events, with investors likely to stay on the sidelines until the dust is completely settled.
Pershing Square share buybacks continue
Pershing Square Holdings’ share buyback programme continued in earnest on Thursday, as the company announced it had purchased 35,622 shares on Wednesday.
Molins selling tobacco machinery unit to Italian G.D
Global packaging solutions group Molins announced on Thursday that it had entered into a conditional agreement with G. D, a wholly owned subsidiary of Coesia, to sell its instrumentation and tobacco machinery division for a gross cash consideration of £30m, on a cash-free, debt-free basis.
Boohoo Q1 sales surge, full-year revenue guidance lifted
Online fashion retailer Boohoo. com reported a rise in revenue for the three months to the end of May as it lifted its full-year sales guidance.
Berendsen surges as it agrees to £2.2bn takeover by France's Elis
Berendsen surged on Thursday as it agreed to a sweetened takeover offer from French peer Elis valuing the London-listed commercial laundry company at £2. 2bn.
UK housing market dipping markedly, surveyors say
Another survey emerged on Thursday to suggest UK house prices are softening, with buying enquiries hitting an 11-month low to counter more bullish housing earlier in the week.
Flybe swings to full-year loss
Regional airline Flybe said it swung to a loss in the year to the end of March, as capacity grew while growth in consumer demand slowed.
London open: Stocks nudge higher as Britons head to the polls
London stocks nudged higher in early trade as Britons headed to the polls, with a European Central Bank meeting and a testimony by former FBI Boss James Comey also likely to draw investors' attention.
Petrofac signs long-term framework with Petroleum Development Oman
Petrofac announced on Thursday that it secured a long-term framework agreement with Petroleum Development Oman (PDO) for the provision of engineering, procurement and construction management (EP+Cm) support services for major oil and gas projects.
London pre-open: Stocks seen muted as Britons head to polls
London stocks were set for a muted open on Thursday ahead of several key events, with the election very much in focus in the UK.
Thursday newspaper round-up: House prices, Berendsen, WPP, Philip Green
Oil industry company Halliburton has been branded “obscene” for advertising unpaid UK internships, which critics say give an unfair advantage to people from privileged backgrounds. In an advert on its recruitment site, Halliburton said it was seeking “people who want to innovate, achieve, grow and lead” for student internships at its office in Chiswick, west London. – Guardian.
US close: Markets eke out gains ahead of risky Thursday
Wall Street was staging a mild bounce back on Wednesday ahead of a raft of key risk events on Thursday day, including former FBI boss James Comey's testimony before a Senate panel, the UK general election and a meeting of the European Central Bank's governing council.