Cairn Energy has climbed nearly 4% after giving more details of its controversial plans to drill for oil in Greenland this summer
Archive for May, 2011
Cairn Energy climbs on Greenland update as commodities help FTSE edge higher
Tuesday, May 24th, 2011FSA gives rogue trader £1.09m fine for share ramping
Tuesday, May 24th, 2011City regulator takes out court injunction to deter trader Samuel Kahn from further market abuse
Glencore’s market debut as FTSE 100 stock marred by short selling
Tuesday, May 24th, 2011• Shares closed at 525p against the offer price of 530p
• Glencore has raised $10bn from its initial public offering
British Land loses 3% despite jump in full year profits
Monday, May 23rd, 2011With the market under pressure, British Land has fallen back despite a solid set of full year figures
FTSE falls to lowest level for two months on Euro debt fears
Monday, May 23rd, 2011With the FTSE 100 falling to its lowest level for nearly two months on growing concerns about the European debt crisis, there was precious little for investors to cheer yesterday
BP jumps nearly 4% as partner Moex pays $1.1bn towards Gulf oil disaster
Friday, May 20th, 2011BP is leading the FTSE 100 higher after one of its partners involved in the Gulf of Mexico oil spill agreed to pay the company $1.1bn towards the cost of the disaster
FTSE comes off best levels after falls in Imperial Tobacco and Lloyds Banking Group
Friday, May 20th, 2011Leading shares have come off their best levels as investors pause for breath after recent rises
FTSE finishes lower as Greek woes outweigh rise in BP shares
Friday, May 20th, 2011After a bright start, leading shares went into reverse as Greece’s financial crisis took a turn for the worse
LinkedIn share surge signals dotcom bubble 2.0
Friday, May 20th, 2011Business networking site’s flotation shares double in a day, in clear sign of new technology craze
Glencore jumps 3% as conditional dealings start
Thursday, May 19th, 2011Glencore has made a strong stock market debut as conditional trading in its shares saw them jump more than 3% initially before slipping back