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BP agrees sale of Central Area Transmission System (CATS)

Apr 23 2015 @ 17:36
Sale to Antin Infrastructure Partners BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS. The agreement comprises a payment on completion of £302 million ($453 […]
 

Caterpillar Earnings Up More Than 20%

Apr 23 2015 @ 09:30
The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]
 

Nyota Minerals - second licence issued at Ivrea nickel-copper project in Italy

Apr 22 2015 @ 16:32
Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]
 

Northcote lays out share details

Apr 22 2015 @ 16:25
Issue of equity and consideration shares Northcote Energy (LSE:NCT) has announced that further to the announcement of 12 February 2015 it has now issued the 1,266,074,005 consideration shares to North American Petroleum and furthermore has issued applied for 102,042,482 new ordinary shares to be issued in settlement of directors remuneration and consultancy costs. NAPP completion […]
 

What if BP's Dudley is Right?

Apr 22 2015 @ 14:19
The share price of BP (LSE:BP.) closed marginally down (0.05%) at 479.75 after reaching 484.20 in intraday trading, up at the point by 0.875%. BP continues to trade nearer to the low end of its 52 week range if 364.40 to 526.80. But today’s story is not so much about its share price activity today […]
 

Secure Property Development & Investment PLC acquires fresh property in Sofia, Bulgaria

Apr 21 2015 @ 15:34
Acquires an income yielding office building in Sofia, Bulgaria Secure Property Development & Investment PLC, the AIM quoted property company focused on Emerging Europe, has announced the acquisition of an interest in a fully let and income generating office building in Sofia. The acquisition, which is the Company’s first in Bulgaria, is in line with […]
 

Angle Stock to Go South

Apr 21 2015 @ 14:31
Yes, in what seems to be a recent bullish outlook, Angle shares (LSE:AGL) are tumbling. Towards the end of the last year, the market came down, going further downwards in January 2015. In the same month, there was a crazy rally in the market – it was truly a roller coaster ride. Since February 2015, […]
 

ARM Shares Reach New High

Apr 21 2015 @ 13:25
Cambridge chip designer, ARM Holdings (LSE:ARM) shares reached a record high of 1,233 today on the London Exchange following a first quarter earnings report that handily beat expectations. ARM shares closed on Monday at 1,150 and opened this morning at 1,218, a 5.9% increase in early trading. The share price reached its all-time high shortly […]
 

Noricum Gold starts first phase of Walchen exploration

Apr 20 2015 @ 17:11
Commences First Phase of Exploration at Walchen VMS Deposit, Austria Noricum Gold Limited, the Austrian focused precious and base metal exploration and development company, has announced that the first stage of exploration work at the Walchen VMS deposit in Austria, acquired in late March 2015, is now underway. Highlights: · Noricum management and field staff […]
 

Stellar Diamonds plc - First 5,000 Carats achieved at Baoulé Kimberlite

Apr 20 2015 @ 17:07
First 5,000 Carats Achieved from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced an operational update from trial mining at its 75% owned, five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Trial mining has yielded a total of 5,087 […]
 
 
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