International stock news

Rss Today on Proactive AU

2014-11-24

Sun Resources signs farmout agreement for Badger Oil Project

 
Sun Resources has executed a revised Letter of Intent and amends joint operating agreement with Ursa Resources II LLC, reducing Sun’s working interest in Badger from 50% to 10%. This reduces cash exposure for Sun for the initial well cost to zero. Badger is expected to spud prior to year-end 2014.
FULL ARTICLE

 

Rss Today on Proactive UK

2014-11-22

Tesco property time bomb

 
Tesco has fallen a long way, but with margins under pressure, assets vulnerable to write-downs and an ongoing investigation by the serious fraud office for fiddling its accounts, leaves Tesco susceptible to further weakness.
FULL ARTICLE

 

Rss Today on Proactive US

2014-11-22

Wall Street rises on China, Europe moves, but trims earlier gains

 
U.S. stocks surged Friday, but pared early morning gains sparked after European Central Bank President Mario Draghi said the ECB will do what it must to lift inflation, while China's central bank announced a surprise interest rate cut.
FULL ARTICLE