Tom Frew

High-street retailer Next (LSE:NXT) have announced a 2.2% increase in sales as part of their 2-13 half year results. In a statement the company said that they had “made good progress” and that operating profits, up 7.2%, “were at the top end of our expectations”. Next’s share price rose by 15p, 0.3%, during afternoon trading […]

Independent financial service providers and asset management specialists Hargreaves Lansdown (LSE:HL.) have released preliminary results for the year ending 30 June. In a statement to investors the company reported total assets under administration up 38% at £36.4 billion and a revenue increase of 22% to £292.4 million. Profit before tax also increased by 28% to […]

Gulf Keystone (LSE:GKP) have issued a statement to investors following the completion of a litigation case brought by Excalibur Ventures. Commenting after a British judge found in GKP’s favour the company’s CEO, Tood Kozel, said that they had “achieved the best possible outcome from the point of view of the Company and our shareholders” and […]

Gazprom has announced unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the first quarter of 2013. Sales (net of VAT, excise tax and customs duties) increased by RUB 236,163 million, or 19%, to RUB 1,461,441 million in the three months ended March 31, […]

Judge rules in favour of GKP (LSE:GKP). More to follow. We have though been sent the following by up and coming poet Alfred, Lord Tennyson: There drew forth the company Excalibur, And o’er them, the judge did rule against, Brightening the GKP shareholders who, ran forth And sparkled keen with fattened portfolios: For all the […]

Milton Keynes Council, Central Bedfordshire Council and Bedford Borough Council have signed a multi-million pound partnership project with BT (LSE:BT.A) which, when combined with commercial deployment across the area should provide around 91 per cent of local homes and businesses with access to fibre broadband. The project will provide a fibre broadband infrastructure to around […]

Centrica Energy has today announced that it will extend its contract for the Hummingbird Spirit North Sea rig until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on Centrica Energy’s (LSE:CNA) Chestnut field in the Central North Sea since 2008 and has already produced over 13 million barrels of oil. The Chestnut […]

BP Egypt has announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP The well was drilled using the sixth […]

EnterNext, the new NYSE Euronext subsidiary designed to develop and promote the market for SMEs, has confirmed the listing on NYSE Alternext in Paris of Medical Device Works, a noted pioneer in organ isolation technology used to treat malignant tumours. Founded in 2004, Medical Device Works is developing a kit of minimally invasive devices used […]

NYSE MKT has announced its final determination to remove the Common Stock (the “Securities”) of GeoPetro Resources Company from listing on the Exchange, and filed an application on Form 25 to strike the Securities from listing with the Securities and Exchange Commission (the “SEC”). The delisting will become effective on September 16, 2013 unless postponed […]