Tom Frew

Rare Earth Minerals (LSE:REM) became the top earner on the London Stock Exchange during this morning’s early trading following a sudden rise from 1.23p to 2.38p. The stock, which started the month at 0.06p, has seen over 524m million shares traded so far today. The company’s 93.5% rise in value was spurred by the announcement […]

Afren, an independent exploration and production company listed on the London Stock Exchange (LSE:AFR), has announced its Half-yearly Results for the six months ended 30 June 2013 and an update on its operations year-to-date 2013. In a stament the company said that the “first half of 2013 has been a period of notable success for […]

Premier Oil (LSE:PMO) has announced a 2013 half-year profit of $214.6m. Equating to a post-tax profit of $161.1m the company faced problems with its Huntington facility during the same period, though it saw positive news in regard to future plans involving the Falklands and six new Norwegian sites. Commenting on the results Premier Oil’s CEO, […]

GameStop Corp. (NYSE:GME), the world’s largest multichannel video game retailer, has announced sales and earnings for the second quarter ended Aug. 3, 2013. Total global sales for the second quarter of 2013 were $1.38 billion compared to $1.55 billion in the prior year quarter, a decrease of 10.7%. Consolidated comparable store sales also decreased 10.7%, […]

Dutch brewers Heineken have announced their 2013 half-year results. Calling the performance “resilient” in “challenging market conditions”, CEO and Chairman of the Executive Board Jean-François van Boxmeer argued that the company’s “increased emphasis on higher growth regions is delivering, with organic operating profit in developing markets growing...

Brewing giant Carlsberg have announced an organic growth revenue of 2% as part of the company’s 2013 Q2 results. Commenting on the results, CEO Jørgen Buhl Rasmussen says: “For the first six months, the Group achieved earnings growth despite challenging market conditions in Western and Eastern Europe. Our Asian business again delivered impressive volume and […]

HP have announced financial results for its third fiscal quarter ended July 31, 2013. Third quarter GAAP diluted earnings per share (EPS) was $0.71, up from a GAAP diluted loss per share of $4.49 in the prior-year period and above its previously provided outlook of $0.56 to $0.59 per share. Third quarter non-GAAP diluted EPS […]

The Board of Royal Dutch Shell plc (“RDS”) have announced the Reference Share Price in respect of the second quarter interim dividend of 2013, which was announced on August 1st, 2013 at $0.45 per A ordinary share (“A Share”) and B ordinary share (“B Share”) and $0.90 per American Depository Share (“ADS”). Reference Share Price […]

Reliance Industries Limited (RIL) and BP have announced a new gas condensate discovery off the east coast of India in the Cauvery basin. The discovery, in the deepwater block CY-DWN-2001/2 (CYD5), is situated 62 kilometres from the coast in the Cauvery Basin and is the second gas discovery in the block. RIL is the operator […]

Retailer Saks Incorporated, better known as Saks, today announced results for the second quarter and six months ended August 3, 2013. Overview of Results for the Second Quarter and Six Months Ended August 3, 2013 For the second quarter ended August 3, 2013, the Company recorded a net loss of $19.6 million, or $.13 per […]