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Mining Sector: Sefton down as it outlines cash flow constraints

Sefton Resources (LON:SER) was the sector’s biggest faller as it reported that a series of events in the first half had constricted cash flows and operational flexibility. It said that principally among them has been the drain on cash flows needed to meet commitments on the Company’s banking facilities. Beginning in Q3 2013, payments required […]

Pennon confirms scrip reference price

Pennon Group has confirmed that the reference price for the scrip alternative for the final dividend for the year ended 31 March will be 786.6p. The reference price is calculated by taking the average of the middle market quotations for the company’s ordinary shares for the day on which they are quoted ex-dividend and the […]

FTSE sours on resources, financials

FTSE indices were marginally southbound midday with the blue chip given direction by resources and financial stocks in a session generally slim on corporate news. Near noon, the FTSE 100 was down 20.63 points, or 0.3%, to 6757.03, while the FTSE 250 fell 19.7 points, or 0.12%, to 15,818.9. US and Asian markets were on […]

Pennon changes auditors

Pennon Group announced at its Annual General Meeting, held on 31 July 2014, that Ernst & Young LLP were appointed as statutory auditors of the Company until the next AGM. This was a new appointment following a competitive tender process carried out by Company. PricewaterhouseCoopers LLP, the Company’s previous statutory auditors, ceased to hold office […]

Centrica buys back shares

Centrica bought back 750,000 ordinary shares yesterday at an average price of 317.1067p apiece to be held in treasury. At 9:35am: (LON:CNA) Centrica PLC share price was -0.4p at 317.5p Story provided by StockMarketWire.com

BP buys back shares

BP bought back 3,090,000 ordinary shares yesterday at prices ranging from 484.85p to 481.75p apiece for cancellation. At 9:25am: (LON:BP.) BP PLC share price was -0.45p at 483.4p Story provided by StockMarketWire.com

FTSE mixed as miners, financials help blue chips higher

FTSE indices were mixed this morning with miners, financials and insurance stocks providing tepid northbound cue for the blue chips, following on from a positive US session and mixed trade in Asia. Shortly after the open, the FTSE 100 was up 2.93 points, or 0.04%, to 6780.59, and the FTSE 250 was down 1.03 points, […]

BP buys back shares

BP bought back 3,108,000 ordinary shares yesterday at prices ranging from 485.05p to 479.95p apiece for cancellation. At 1:11pm: (LON:BP.) BP PLC share price was +1.85p at 482.85p Story provided by StockMarketWire.com

Centrica buys back shares

Centrica bought back 750,000 ordinary shares yesterday at an average price of 317.3446p apiece to be held in treasury. At 1:05pm: (LON:CNA) Centrica PLC share price was +0.65p at 317.35p Story provided by StockMarketWire.com

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