Wednesday Jul 23
Cairn India may escape Sebi penalty despite failing to meet new buyback regulations
Summary Cairn India, which managed to repurchase a meagre 21.47% of the total shares targeted from the R5,725-crore buyback... Cairn India, which managed to repurchase a meagre 21.47% of the total shares targeted from the R5,725-crore buyback, may seek Securities and Exchange Board of India's exemption for non-compliance of buyback regulations, ... (more)
FTSE 250 movers: Hochschild lifted by rating, Bellway falls
Housebuilder Bellway was lower amid a wider sector decline after Rightmove published data that showed the average asking price for a UK home dropped 0.8% from A 272,275 in June to A 270,159 in July.
Cairn Energy PLC Stock Rating Lowered by Goldman Sachs
They currently have a GBX 229 target price on the stock, down from their previous target price of GBX 250 .
Tuesday broker round-up
Admiral Group: Numis moves target price from 1710p to 1720p, while downgrading from buy to add.
Credit Suisse Reiterates Outperform Rating for Cairn Energy PLC
's stock had its "outperform" rating reaffirmed by equities research analysts at Credit Suisse in a research note issued to investors on Monday.
Cairn Energy PLC PT Raised to GBX 231 at Liberum Capital
The firm currently has a "buy" rating on the stock. Liberum Capital's target price would suggest a potential upside of 13.85% from the company's current price.
Providence says drilling at well delayed to 2015
Exploration company Providence Resources has said that its Spanish Point appraisal well will not be drilled this year as planned.
Jann Brown to chair UK's representative accountancy body
ONE OF THE MOST senior finance chiefs has been appointed chair of the body representing the UK's accounting bodies.
Cairn Energy PLC Stock Rating Reaffirmed by Sanford C. Bernstein
's stock had its "market perform" rating reaffirmed by stock analysts at Sanford C. Bernstein in a report issued on Wednesday.