Departure of Simon Lockett from Premier Oil drives shares up 8%
Feb 4, 2014 at 10:43 am in General Trading by contrarianuk · Leave a Comment »
After suffering numerous production problems and a share price that has fallen over 30% in the last year, Premier Oil today announced the departure of CEO, Simon Lockett, after 9 years as head of the company. He said “We can be proud of what we as a team have achieved but, after 9 years, I believe now is an appropriate time for a change in leadership as the business moves into its next phase. I am also looking forward [read more →]
by contrarianuk
Global equity markets battered with Nikkei 225 dropping over 4% overnight
at 6:33 am in Market Commentary by contrarianuk · Leave a Comment »
Another month on in 2014 and another battering for equity investors with Japan’s Nikkei Average ending down 4.2% this morning at 14,008 after US S&P 500 lost 2.3% last night in its worst trading day since June and hitting an October 2013 low.