Economic and Market News for 23 February 2012
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23 February
16:02US crude oil inventories rise by 1.6m barrelsUS commercial crude oil inventories increased by 1.6 million barrels in the week ending 17 February. The US Energy Information Administration said that at 340.7 million barrels, crude oil...
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23 February
16:00FLASH: US crude oil inventories riseStory provided by StockMarketWire.com
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23 February
15:38Telekomunikacja Polska issues bonds to subsidiariesTelekomunikacja Polska has issued PLN337.7m of short term bonds to subsidiaries in the past two days. Yesterday (22 February) it issued bonds of PLN110m with a redemption date of 7 March to PTK...
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23 February
15:33US gas storage down at 2,595bn cu ftUS working gas in storage fell to 2,595bn cu ft in the week ending 17 February. The Energy Information Administration says this represents a net decline of 166bn cu ft from the previous week....
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23 February
15:30FLASH: US gas storage fallsStory provided by StockMarketWire.com
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23 February
15:22Troy Income & Growth in equity issueTroy Income & Growth Trust has issued 225,000 ordinary shares at 54.80p apiece under its blocklisting facility. Following this issue, the company has the ability to issue a further 6,983,620...
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23 February
15:04US house prices fall 0.1%US house prices fell modestly in the fourth quarter according to the Federal Housing Finance Agency’s seasonally-adjusted purchase-only house price index. The HPI, calculated using home sales...
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23 February
15:02FLASH: US house prices fall 0.1%Story provided by StockMarketWire.com
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23 February
14:56Murray International Trust in equity issueMurray International Trust has issued 40,000 new ordinary shares at 979.5p under its blocklisting facility. At 2:56pm: (LON:MYI) Murray International Trust share price was +0.5p at 985p...
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23 February
14:44BP transfers treasury sharesBP has transferred 3,091 ordinary shares from treasury to participants in its employee share schemes. The company now holds 1,835,908,293 ordinary shares in treasury and has 18,978,180,346...
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23 February
14:21Baring Emerging Europe sets tender priceBaring Emerging Europe has set the price for its tender offer for up to 20% of its share capital. The board said the net asset value at the calculation date - 22 February - was 810.53p per...
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23 February
14:15TVC chairman quits UTV board amid corporate governance conernsTVC Holdings executive chairman Shane Reihill has resigned as a director of its 18%-held UTV Media after its chairman was ousted. UTV chairman John McGuckian and senior independent director...
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23 February
13:51Albemarle & Bond options exercisedThe trustee of Albemarle & Bond's employee benefit trust has transferred 4000 ordinary shares to an employee following the exercise of options granted under the company's share option plan. At...
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23 February
13:43Environmental Recycling Technologies grants 1m optionsEnvironmental Recycling Technologies has granted 1 million share options to non-executive director Lee Clayton. The options are exerciseable until 10 November 2014 and have been granted at the...
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23 February
13:41GVC transfer shares to their wivesGVC Holdings chief executive Kenneth Alexander and finance director Richard Cooper have transferred their shares in the company to their wives as part of their personal financial planning. It was...
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23 February
13:33US jobless claims unchangedUS initial unemployment claims were unchanged in the week ending 18 February from the previous week's revised figure of 351,000. The US Department of Labor said the four-week moving average was...
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23 February
13:30FLASH: US jobless claims unchangedStory provided by StockMarketWire.com
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23 February
13:16AstraZeneca buys back sharesAstraZeneca has bought back 310,000 ordinary shares at 2841p apiece for cancellation and now has 1,277,396,751 in issue. Story provided by StockMarketWire.com
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23 February
13:00PKN ORLEN issues bonds to AnwilPKN ORLEN has issued PLN200m of short term bonds to its subsidiary, Anwil. The bonds - issued in accordance with a programme signed by PKN ORLEN and a syndicate of six banks in November 2006 -...
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23 February
12:40MedicX Fund increases its property portfolioMedicX Fund, the specialist primary care infrastructure investor in modern, purpose-built, primary healthcare properties in the UK, has completed the acquisition of five completed and fully let...
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23 February
12:38Share sale at XX1 Century Investments PublicXX1 Century Investments Public has been notified that Bremille Investments which is indirectly beneficially owned by Mr Oleg Salmin, the CEO and Interim Chairman of the company, has agreed to sell...
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23 February
12:30Ruffer Investment to pay dividend next monthRuffer Investment Company is to pay a dividend per share of 1.60p next month. This relates to the current financial year which ends in June. At 12:30pm: (LON:RICA) share price was 0p at 205p...
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23 February
12:15Egypt Trust shares to be suspendedEgypt Trust has announced that the listing of the company's ordinary share capital will be suspended at 7.30 a.m. tomorrow. This follows proposals which recommend the liquidation of the company....
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23 February
11:22Oihang Equipment settles loan from Wonder Employee CapitalQihang Equipment Company has transferred 25m ordinary shares and 35m options to subscribe for ordinary shares, exercisable at 0.8p per share, in Metroelectric to Wonder Employee Capital ("WECL")....
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23 February
10:35Bodycote shares up almost 15%Shares in thermal processing services provider, Bodycote, jumped nearly 15% in early trading in London. Earlier the company announced both a big hike in profits and that it had signed a five-year...
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23 February
09:59Cookson to sell US precious metals armCookson Group has entered into an agreement to sell its US precious metals business to Richline Group, a subsidiary of Berkshire Hathaway Inc. The gross assets of the businesses being acquired by...
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23 February
09:40Mortgage lending up 1.3% year-on-year JanuaryAnnual growth of 1.3% in the banks’ net mortgage lending continues to outstrip annual growth of 0.8% across the whole lending market in 2011. BBA statistics director, David Dooks said: "January...
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23 February
09:38February mortgage lending strengthened, says BBAThe British Bankers Assocaion (BBA) said today February’s net mortgage lending strengthened, reflecting some increase in the banks' market share as a result of recent strong remortgaging. Credit...
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23 February
09:31FLASH: BBA Mortgage Approvals 38.1K v Forecast 37.3K & Prior 36.2KStory provided by StockMarketWire.com
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23 February
08:33Brainspark placing raises £2mBrainspark has raised around £2m, before costs, through a placing of 13,125,000 new ordinary shares at a price of between 15p and 16p per share. The proceeds will be used to fund new...
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23 February
08:21African Eagle completes first stage of asset disposalAfrican Eagle has completed the first stage of an asset disposal programme to Syrah Resources and realised proceeds of A$695,120. African Eagle anticipates that the disposal of the remainder of...
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23 February
08:11Klövern in bond issueKlövern AB has issued a three-year unsecured bond loan on the Swedish market. The bond loan has a variable interest of three-month STIBOR plus 4.00% with final maturity in 2015. The issue...
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23 February
08:03Government estimates of beer duty fraud no case for 'duty stamps', say BBPACommenting on the publication of HMRC’s ‘Improved Beer Tax gap – lower estimate’ Brigid Simmonds, British Beer & Pub Association (BBPA) Chief Executive, said: “These new figures show that the...
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23 February
07:59Ofgem road map opens up electricity market for independents Ofgem gives Big Six three clear objectives to be met to make the electricity market a more transparent and open market for all suppliers Ofgem is proposing mandatory auctions to drive the pace...
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23 February
07:53Extra £1bn in Regional Growth Fund welcome boost, says BCCCommenting on the announcement by Nick Clegg on the opening of the third round of applications for the Regional Growth Fund, Dr Adam Marshall, Director of Policy at the British Chambers of...
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23 February
07:47FLASH: Dhir India Investments delisted from AIMStory provided by StockMarketWire.com
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23 February
07:18FLASH: Brainspark placing raises £2mStory provided by StockMarketWire.com
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23 February
07:15FLASH: Yamana Gold increases dividend by 12%Story provided by StockMarketWire.com
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23 February
07:14FLASH: African Eagle completes first stage of asset disposalStory provided by StockMarketWire.com
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23 February
07:13FLASH: Klövern in bond issueStory provided by StockMarketWire.com
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23 February
07:09FLASH: Lancashire facing $35m Costa Concordia lossStory provided by StockMarketWire.com
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23 February
06:26The Press RoundupA brief summary of Thursday's main business headlines... Extensive comment on QE, Shell bid for Cove, Peacocks rescue, RBS, Centrica, Hays. FINANCIAL TIMES Germany fights eurozone firewall...
