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FTSE down on Greece jitters, miners and supermarkets

FTSE indices stepped lower through the afternoon session as Greece’s highest court said it would rule on the legality of next week’s key referendum in the debt- and austerity-stricken country. Miners, supermarkets and banks dominated the blue-chip losers’ ladder. FTSE 100 closed down 44.69 points, or 0.67%, to 6585.78. FTSE 250 was down 72.56, or […]

Roxi options exercised

Roxi Petroleum has issued 500,000 new shares following the exercise of options. At 1:16pm: (LON:RXP) Roxi Petroleum PLC share price was +0.13p at 15p Story provided by StockMarketWire.com

FTSE fades on miners, supermarkets and banks

FTSE indices remained southbound to midday with a gaggle of metals burrowers, supermarkets and banks governing proceedings so far. Debt- and austerity-stricken Greece’s referendum next week continues to weigh on sentiment in what has so far been a slow corporate news day. To noon, FTSE 100 was down 24.85 points, or 0.37%, to 6605.62. FTSE […]

The assets to buy now – July 2015

Asset allocation is at least as important as individual share selection. So where should you be putting your money? Here’s July’s take on the major assets to buy now.

Max Petroleum gets 6mth standstill on debt repayments

Max Petroleum said Sberbank has unconditionally granted a six-month standstill on all principal and interest payments due under the Company’s c.$80 million loan through to 14 December 2015. In addition, the Company has accrued US$3.8 million of interest as of 30 June 2015. Interest will continue to accrue during the standstill period. The Company continues […]

SVT completes Water Purification business sale

Severn Trent said, further to the announcement made May 13, it has completed the sale of its Water Purification business to Industrie De Nora on 2 July 2015. At 9:19am: (LON:SVT) Severn Trent PLC share price was +4p at 2104p Story provided by StockMarketWire.com

BP settlement credit positive, says Fitch

BP’s preliminary agreement to settle US federal, state and local Deepwater Horizon claims for US$18.7bn, payable over 18 years, will considerably strengthen the company’s credit profile, which had factored in the potential for a larger settlement that took much longer to agree, Fitch Ratings says. If the deal is finalised on the same terms it […]

Fracking rejected in Blackpool

The nascent UK fracking industry has suffered a major setback following Cuadrilla’s failed bid to drill four exploratory wells.

FTSE mixed as BP surges on $18.7bn spill settlement

FTSE indices closed mixed after a tepid session as traders took stock of the Greece-debt saga ahead of next week’s key referendum there. BP (BP.) was blue-chip story of the day, with a slew of other oilies and utilities nudging north alongside miners and financials. FTSE 100 closed up 21.88 points, or 0.33%, to 6630.47. […]

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Anatomy of a Grexit: how Greece would go about leaving the euro

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