Stock Futures

Randgold and Xstrata provide fillip for mining shares and FTSE Randgold and Xstrata provide fillip for mining shares and FTSE

Mining groups have given the market a bright start to the week after a couple of positive updates and a rebound in commodity prices. Randgold Resources is leading the way, up 315p to £45.24 as the West African gold miner announced a 79% jump in full year profits. It is also bringing forward the target date for the first production from its recently... [Read more of this review]

St Modwen upbeat despite 20% drop in asset value St Modwen upbeat despite 20% drop in asset value

It has not been a good year for many property companies and regeneration specialist St Modwen Properties is no exception. The company - whose projects include a college of further education at former Rover site at Longbridge and a development on BP’s oil refinery site at Llandarcy - said net asset value had dropped by 20% to 200p a share in 2009.... [Read more of this review]

Tullow looks to China and Total after Heritage Ugandan deal Tullow looks to China and Total after Heritage Ugandan deal

The long running saga of the Ugandan oil assets jointly owned by Tullow Oil and Heritage Oil seems to be heading towards a resolution. Heritage had put its half share of the fields up for sale and accepted a $1.5bn bid from Italy’s Eni, before Tullow stepped in to exercise its pre-emption rights. Much depended on the decision of the Ugandan government... [Read more of this review]

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