Swen Lorenz

The Morning news update with BHP Billiton, Balfour Beatty and EMED Mining

The Morning news update with BHP Billiton, Balfour Beatty and EMED Mining

1 mins. to read

FTSE 100 BHP Billiton (BLT) – is pursuing options to make the company simpler and more productive. Has continued to study various structural alternatives, with a demerger of a selection of assets is the preferred option. FTSE 250 Balfour Beatty (BBY) – has further considered the announcement from Carillion and reaffirms its rejection of the…

James Faulkner on Ithaca Energy: Vision is within grasp

James Faulkner on Ithaca Energy: Vision is within grasp

1 mins. to read

Back on the trail of the undervalued oilers, North Sea producer Ithaca Energy (IAE) could be one to keep an eye on as it prepares to carry out a number of activities across its portfolio, ahead of the eventual start-up of production from the Greater Stella Area (GSA) in summer 2015. With energy insecurity rearing…

The Morning news update with AstraZeneca, Centamin and YouGov

The Morning news update with AstraZeneca, Centamin and YouGov

1 mins. to read

FTSE 100 AstraZeneca (AZN) – announces the start of the Phase III programme for tralokinumab, a potential treatment for patients with severe, inadequately controlled asthma, developed by MedImmune, the company’s global biologics research and development arm. FTSE 250 Carillion (CLLN) – has held meetings with a number of Balfour Beatty’s major shareholders. Is confident that,…

The Morning news update with Admiral, Pennon, Plus500 and UK Oil & Gas

The Morning news update with Admiral, Pennon, Plus500 and UK Oil & Gas

1 mins. to read

FTSE 100 Admiral (ADM) – Statutory profit before tax up 1% to £183.3 million in the six months to June, dividend up by 1% at 49.4p per share. Announces the appointment of Geraint Jones as Group Chief Financial Officer. Petrofac (PFC) – has been awarded a $500 million plus Engineering, Procurement, Construction and Commissioning contract…

What is Clem Chambers from ADVFN smoking? We want some!

What is Clem Chambers from ADVFN smoking? We want some!

1 mins. to read

A seemingly very cheery (and rather yoof-ful looking) Mr Chambers… Looks like our “friends” at ADVFN, in particular the CEO Clem Chambers, have had a knock on the head today. A promotion for Mr Chambers’ tipping service reads as follows: “Dear fellow investor, Internet companies have come and (mostly) gone since the dotcom boom but…