LONDON -- The FTSE 100
Spanish 10-year bond yields notwithstanding, some FTSE companies have seen nice rises today. We look at three of them, from various indexes.
Lansdowne Oil & Gas
The latest analysis of test results indicates significantly larger quantities of oil. According to Tony O'Reilly, chief executive of field operator Providence Resources, Barryroe "is a substantial oil accumulation across multiple stacked horizons with much running room for further resource growth." This caps a very strong period for Lansdowne, whose shares have more than trebled since June.
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With earnings per share up 22%, ARM will pay an interim dividend of 1.67 pence per share, up 20% on last year. For the full year, the yield is still likely to be less than 1%, but we should hopefully see that rise over the next few years.
Shares in gold miner Petropavlovsk
The group is still on for full-year production targets of 700,000 ounces, we were told. That should certainly help the share price, which is down around 50% on the year since gold fever started to subside.
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Alan does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.