Petrofac Ltd. News
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Which 3 Stocks Would Warren Buffett Buy?
16-05-2012
The rather odd assortment of engineering firms that make up Smiths Group somehow works as a business concludes Tempus in the Times. The big idea was that some of the divisions may have been sold, with flexible tubes outfit Flex-Tek the main candidate, but the US housing market has put paid to that and with the shares at 12 times earnings Tempus thinks Smiths is a leave.
15-05-2012
Petrofac, the oil services firm, gets the once over from Questor in the Telegraph. The order book is strong at 9.6bn dollars, and the strategy is clear - the company provides oil knowhow to country's trying to develop their resources. But the stock has risen recently so Questor thinks best to hold and buy on weakness.
11-05-2012
- Chinese economic figures weigh on mining stocks
- JP Morgan trading loss dents UK banks
- UK factory gate inflation eases less than expected
11-05-2012
Aquarius, ARM, BT, Catlin, Centrica, easyJet, ENRC, Experian, IAG, Logica, M&S, Meggitt, Pendragon, Petrofac, SSE, Wood Group
11-05-2012
- Chinese industrial output, inflation data disappoints
- Spain to ask for EFSF support, according to reports
- JP Morgan surprise trading loss causes concerns
11-05-2012
City sources predict the FTSE 100 will open down 41 points from yesterday's close of 5,545, tracking losses in Asian markets as mixed Chinese data leaves investors wanting more.
11-05-2012
Oil and gas services group Petrofac has said that its year-to-date performance has been in line with expectations and it still remains on track to grow net profits by at least 15 per cent in 2012.
10-05-2012
- US jobless claims boost buying late on
- BoE keeps interest rates, QE unchanged
- Miners shrug off China data as Greek concerns ease
10-05-2012
The technology hardware and equipment sector was performing strongly today with heavyweight constituent ARM Holdings providing a lift.
08-05-2012
- Global stock markets plunge on Greek uncertainty
- Footsie sinks to 19-week low
- Miners lead the sell-off in London
18-04-2012
- Financials, ex-div stocks weigh down Footsie
- BoE's Miles alone on more QE
- Italy may delay achieving balanced budget by a year
18-04-2012
- Ex-div stocks weigh on Footsie
- MPC minutes: Miles calls for more QE
- Eurozone swing to deficit in February
- UK jobless rate falls for first time since May 2011
10-04-2012
Drugs and utilities stocks were among the few making gains on Tuesday afternoon, as investors sought 'safer', more defensive assets on the back of some gloomy employment data out from the US on Friday.
30-03-2012
- Eurozone to boost firewall to 800bn euros
- Spain cuts 27bn euros from the budget
- Petrofac up after broker comments, Shire leads the fallers
29-03-2012
A round-up of the biggest director deals today so far.
27-03-2012
- Elgin gas leak weighs on stocks
- Wolseley, Compass disappoint after updates
- Banks rise, RBS wanted on speculation
27-03-2012
- Government may cut stake in RBS
- Defensives sold off
- Resolution could split before sale
21-03-2012
Royal Bank of Scotland's insurance arm is poised to appoint Mike Biggs as its chairman with a brief to lead a £5bn flotation of the Churchill and Direct Line brands this year. Mr Biggs, a former HSBC banker and Aviva finance director, is chairman of Resolution Limited, Clive Cowdery's FTSE 100 investment vehicle. It is understood that Mr Biggs intends to stay on at Resolution until 2014, when its UK Life Project, to consolidate life assurance companies, draws to an end. It will mean that Mr Biggs is likely to chair two FTSE 100 companies at the same time, a move that is frowned on by some investors, but which does not breach current boardroom best-practice codes, The Times says.
20-03-2012
A round-up of the biggest director deals today so far.
16-03-2012
4imprint, Aegis, Antofagasta, Bunzl, Diageo, First Quantum, Hikma, Home Retail, Hunting, G4S, Glencore, Greggs, Kazakhmys, Kingfisher, Petrofac, Premier Farnell, RBS, RPS, Shire, Xstrata, Yule Catto.
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