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FTSE 100 goes into reverse as US bond yields edge higher after growth figures

FTSE 100 closes a shade lower as US GDP figures send ripples On Wall Street, benchmarks were mixed, with the Dow Jones losing around 15 points but the broader based S&P 500 adding nearly a point FTSE 100 closes down by a whisker US markets  mixed 5.05pm: FTSE finishes in red FTSE 100 index closed a tad lower on Thursday as first quarter GDP figures from across the pond sent negative ripples through markets. The UK s top share index finished down around two points, or 0.03%, at 6,961. On Wall Street, benchmarks were mixed, with the Dow Jones losing around 15 points but the broader based S&P 500 adding nearly a point.

Tullow Oil PLC in demand after refinancing plans

Tullow Oil in demand after refinancing plans A look at the major movers on the London market on Thursday oil Tullow Oil PLC (LON:TLW) is one of the day s risers after it unveiled a refinancing. The exploration and production group has begun an offer of $1.8bn worth of senior secured notes due in 2026 and received commitments for a $500mln revolving credit facility and a $100mln letter of credit facility. The proceeds with be used to push out the timeframe for its debt obligations, including redeeming $650mln worth of senior notes due in 2022 and repaying $300mln of convertible bonds due this July.

Cobre Limited (ASX:CBE) Commencement of Field Exploration at Perrinvale - ABN Newswire (@ABN_Newswire)

Cobre Limited (ASX:CBE) Commencement of Field Exploration at Perrinvale    Commencement of Field Exploration at PerrinvaleSydney, April 29, 2021 AEST (ABN Newswire) - Cobre Limited ( ASX:CBE) is pleased to announce the commencement of a new field exploration programme on the Company s wholly owned Perrinvale Volcanic Hosted Massive Sulphide (VHMS) Project (Perrinvale or Project) in Western Australia. Highlights: - Potential for increased areas of intermediate to felsic volcanic rocks identified; and - Banded Iron Formation association with conductors and massive sulphide mineralisation to be targeted. Since completing field activities at Perrinvale in late 2020, and while the Company focused on finalising the acquisition of a controlling interest in Kalahari Metals Limited (KML) and the recent capital raise, work continued concurrently on the Perrinvale Project with the completion of an Optimisation Study at the Schwabe Prospect and planning for this next phase of fie

FTSE 100 goes into reverse as US bond yields edge higher after growth figures

FTSE 100 goes into reverse as US bond yields edge higher after growth figures
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Tullow Oil PLC in demand after refinancing plans

Tullow Oil PLC in demand after refinancing plans
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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