Rooney denies United exit talk August 29, 2012 FOOTBALL: Manchester United striker Wayne Rooney has dismissed reports that he could be set to leave the club as “absolute rubbish”. He said via Twitter: “Read the nonsense in the papers and heard what people have to say. absolute rubbish #heretostay [sic].”
Stoke made £5m bid for Adam August 29, 2012 FOOTBALL: Stoke had made a £5m bid to sign Liverpool midfielder Charlie Adam. The midfielder is no longer wanted by manager Brendan Rodgers. Jay Spearing is also expected to leave the club.
Blackburn move for Rhodes August 29, 2012 FOOTBALL: Blackburn are today expected to sign Jordan Rhodes from Huddersfield for £8m.
Wasps takeover “imminent” August 29, 2012 RUGBY UNION: Wasps chairman Mark Rigby has confirmed he expects the sale of the club to a consortium headed by former player Ken Moss to be completed “imminently”.
Harrington eyes 2014 Ryder Cup August 29, 2012 GOLF: Padraig Harrington says he will “play hard” to make Europe’s Ryder Cup team in 2014.
Fall in price of copper weighs on Antofagasta August 29, 2012 CHILEAN copper miner Antofagasta reported a 7.6 per cent drop in first-half profits yesterday, as falling copper prices and higher production costs took their toll. The FTSE 100 company said its pre-tax profits fell to $1.56bn (£985m) in the six months to 30 June, down from $1.69bn the previous year. Copper production was up by [...]
RusPetro records loss despite higher oil production levels August 29, 2012 RUSSIAN-focused oil and gas firm RusPetro yesterday reported a pre-tax loss of $26.4m in the six months to 30 June. RusPetro, which listed on the LSE in January, said the cost of sales and administrative expenses dragged profits down. Revenue increased to $33.8m (£21.3m) from $11.4m last year, on the back of higher production levels [...]
BP turns to Australia for cash with £327m Kangaroo issue August 29, 2012 BRITISH oil behemoth BP yesterday announced plans to sell Australian dollar bonds in a rare kangaroo issue. Kangaroo bonds are Australian dollar bonds sold by international issuers. The bond marks the first time that BP has tapped the Australian market for funding. The five-year issue was priced at A$500m (£327m) yesterday, with a coupon of [...]
Analyst Views | What do you think of Antofagasta’s results? August 29, 2012 CAILEY BARKER NUMIS SECURITIES Profits are down seven per cent year-on-year, and revenues up three per cent due to higher production offsetting lower copper prices. All in all it’s a good set of results, but they shouldn’t draw huge surprise. HELAL MIAH THE SHARE CENTRE Antofagasta has the potential to deliver strong results, however due [...]
Ophir Energy posts first-half loss August 29, 2012 African-facing Ophir Energy posted a loss of $24.4m (£15.4m) for the first six months of 2012, down from a profit of $6.1m over the same period last year. Regulatory costs arising from its initial public offering last year, plus general related management costs, weighed on the oil and gas exploration firm.