John has been covering financial markets since before the FTSE 100 existed, starting out on the Industries and Commodities team at Dun & Bradstreet, before moving on to Datastream, where he was head of the news team for several years. After a succession of management roles at Thomson Reuters he returned to front-line journalism in 2006. Prior to joining Proactive Investors he was managing editor at Sharecast.
In light of the commodity price environment, the company made a conscious decision to scale back its 2017 capital program and to defer certain projects to 2018 to preserve liquidity and to protect project economics.
The miscible flood project requires just an estimated C$3.0mln of investment per Nisku Reef "providing massive upside without the risk and significant cost of an extensive horizontal drilling program", Mackie Research said
“The standout feature of the period appears to be the high margin Personal Care division," Liberum Capital said
Società Chimica Bussi is investing in additional manufacturing capacity for a product developed by Itaconix
The subscription agreement will raise roughly £2.4mln or A$4.1mln for Tlou.
The business, now focused on products made from itaconic acid, continues to work with a number of industry players to develop new ingredients for a range of applications
The company has disposed of the majority of its offshore oil interests and is actively evaluating new acquisitions in Western Canada
Is the SSE dividend sustainable? Market says probably not; Credit Suisse says probably is.
The time has come to acknowledge that most stocks identified by the filter are highly speculative, and likely to suffer big losses as soon as the momentum fades.
The shares shot up last week on news of the hook-up with Vodafone, but the company's brokers think the shares are still cheap
Lonmin went from portfolio star to outcast in the blink of an eye. This week's new arrivals are Blancco Technology, Armadale Capital and Utilitywise.
Lonmin, Management Resources Solutions and GAME Digital all had cracking weeks, virtually halving the portfolio's losses in one week