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BP buys back shares

BP bought back 3,108,000 ordinary shares yesterday at prices ranging from 485.00p to 481.10p apiece for cancellation. At 3:27pm: (LON:BP.) BP PLC share price was -4.25p at 478.1p Story provided by StockMarketWire.com

Stock Market Show to be briefed by Nostra Terra Oil & Gas

Nostra Terra Oil & Gas (NTOG)(NTOG.L) [LON.NTOG], the fast growing, AIM traded oil and gas producer with a portfolio of projects in Oklahoma, Colorado, Kansas and Texas, will be holding a briefing for investors at the first ever Stock Market Show taking place next month. Its CEO, Matt Lofgran, will be able to demonstrate how […]

Hunting downgraded by Canaccord

Canaccord Genuity has downgraded its recommendation on Hunting (LON:HTG) to ‘hold’ from ‘buy’, on valuation grounds and despite the energy services provider reporting a solid set of half-year results. The broker said: “Hunting’s product mix, which centres on consumables for drilling oil & gas wells, is an attractive play on drilling volume in our view. […]

United Utilities reviews Ofwat draft determinations

United Utilities said United Utilities Water (UUW) is reviewing Ofwat’s published draft determinations covering the period 1 April 2015 to 31 March 2020. UUW said it was reviewing these publications, alongside its on-going discussions with stakeholders, ahead of submitting its response to Ofwat which is due by 3 October 2014. “The regulator has highlighted that […]

Mining Sector: Petropavlovsk down despite swing to profit

Petropavlovsk (LON:POG) was down in late trading despite posting a first half pre-tax profit of $8m against a pre-tax loss of $615m last time. Petropavlovsk achieved record gold production of 306,400oz in the first half and increased gold ounces sold by 5% yoy and improved the price received by $93/oz. This contributed to the total […]

Miners carry FTSE down as China concerns resurface

The FTSE was down midday with miners the ballast in a session awash with interim results after key Asian indices fell on broad investor concerns about China’s future economic growth. Near noon, the FTSE 100 was down 31.75 points, or 0.46%, to 6798.91. The FTSE 250 was down 130.92 points, or 0.82%, to 15,893.7. Wall […]

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