Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
The fund said it attributes Hurricane's share price decline principally to its warrant issue announced on May 12 and comments at its annual general meeting on June 7, which referred to the near term focus being on funding and delivering the Early Production System
Following on from yesterday’s HSBC upgrade, JPMorgan Cazenove has today raised its rating for Centrica to 'neutral' from 'underweight'
In a note to clients, the global bank’s analysts raised their stance on the FTSE 100-listed firm to ‘hold’ from ‘reduce’ with an increased target price of 202p, up from 187p
Centrica has sold the Langage and South Humber Bank combined cycle gas turbine power stations which have a combined capacity of 2.3 Gigawatts to the UK unit of Czech-owned Energeticky a prumyslovy holding, a.s. (EPH).
Rose, which is exploring oil and gas acreage in Utah, together with gold and silver targets in Mexico, and possible gypsum production in Cuba, reported a net loss after tax of US$0.2mln, or 0.01 cents per share for the year ended 31 December 2016
Under the terms of the deal, Atwood shareholders will receive 1.6 new Ensco shares for every Atwood share owned, valuing each Atwood share at $10.72
In a statement, Bunge said that it is “not engaged in business combination discussions with Glencore Agriculture Limited or Glencore plc”
YA Global Investors LLP, the 75% owner of Coos Bay and a holder of 15.53% of the voting interests in Curzon Energy, has agreed to sell its majority holding in Coos for US$4mln which will be satisfied by the issue of 40mln new ordinary shares