PetroTal restates size of cash holdings after making calculation error

Peru-focused oil company PetroTal reported a rise in third-quarter production but also revealed that it had over-stated the size of its cash holdings.

The company...

Tue, 19/11/2019 - 09:50


Broker Forecast - HSBC issues a broker note on Prudential PLC

HSBC today reaffirms its buy investment rating on Prudential PLC (LON:PRU) and cut its price target to 1800p (from 1835p).

Broker Forecasts data provided by...

Tue, 19/11/2019 - 09:50


Grainger submits planning application to develop land in London's New Cross Gate

Grainger said it had submitted a planning application to develop land on Besson Street in New Cross Gate in London.

The proposed 'Build to Rent'...

Tue, 19/11/2019 - 09:45


Plutus Powergen stops receiving management fees; warns of cash shortfall

Flexible generation company Plutus Powergen said it had stopped receiving management fees from its six generation assets amid the termination of a management contract with...

Tue, 19/11/2019 - 09:43


EasyJet looks to go green and AO streamlines its business

“The FTSE 100 takes a step forward on Tuesday morning after US indices marked fresh highs on Monday,” says AJ Bell Investment Director Russ Mould....

Tue, 19/11/2019 - 09:42


Drax Capital targets ramp up in self-supply capacity amid plans to cut costs, supply-chain risks

Drax Capital detailed plans to boost biomass self-supply capacity to five million tonnes by 2027 in an effort to reduce costs and supply-chain risks as...

Tue, 19/11/2019 - 09:40


Broker Forecast - Jefferies International issues a broker note on Intertek Group PLC

Jefferies International today upgrades its investment rating on Intertek Group PLC (LON:ITRK) to buy (from hold) and cut its price target to 6100p (from 6300p)....

Tue, 19/11/2019 - 09:40


Oriole Resources welcomes funding progress at Djibouti prospect

Oriole Resources welcomed news that Thani Stratex Resources, of which it owned 26.1%, had struck an agreement to fund an exploration campaign in Djibouti.

Thani...

Tue, 19/11/2019 - 09:34


Elementis eyes further cost cuts amid efforts to boost margin growth over medium term

Elementis said it would target further cost cuts in an effort to deliver adjusted operating profit margin of 17% over the medium term.

After...

Tue, 19/11/2019 - 09:30


Nostra Terra agrees to exit Egyptian venture

Nostra Terra Oil & Gas said it had agreed to exit its 50% holding in an Egyptian project by transferring the stake to operator North...

Tue, 19/11/2019 - 09:28


Pages