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Petrofac delays results, says it may need to convert existing debt to equity

Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.

Thailand
Thai
Asset-solutions
Thai-oil-clean-fuels
Petrofac
Delays
Results
Says
Need
Convert
Existing

Tuesday preview: Euro area CPI, HSBC in the spotlight

Investors' focus on Tuesday will be on a preliminary reading on euro area consumer prices covering the month of April.

Chicago
Illinois
United-states
Wynnstay
Wrexham
United-kingdom
Tinning
Bayern
Germany
Spain
China
American

Southwest shares sink as airline reports airport exits, Q1 losses

Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.

Bob-jordan
Bellingham-international-airport
Cozumel-international-airport
Boeing
Syracuse-hancock-international-airport
George-bush-intercontinental-airport
Syracuse-hancock-international
Southwest
Shares
Sink
Airline
Reports

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