Friday, 28th November 2014

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News & Reports

Quindell dismisses claims it has lost a contract as 'untrue'

Fri 28th Nov 14, 08:36:31

Quindell has denied it has lost a key deal and dismissed press speculation regarding the issue as untrue.

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Today's Market Reports

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SSE receives proposed price reduction from Ofgem

Scottish and Southern Energy Power Distribution, part of SSE PLC, said it has received the final outline for the proposed 2015 price reduction from Ofgem. 1 hour ago

Hochschild Mining to cut costs next year amid lower prices

Precious metals miner Hochschild Mining is on track to beat its 2014 production target, but said that a revision of its core mine plans will limit growth next year. 2 hours ago

Market overview: Oil stocks slide, retailers gear up for 'Black Friday'

0823: London markets dropped into the red on Friday morning as investors awaited the latest CPI figure out from the Eurozone and digested the news OPEC has decided to maintain a steady rate of 30m barrels per day oil output. The news sent oil companies sharply south. Meanwhile, shoppers are already battling it out for 'Black Friday', with thousands set to bag a bargain as the pre-Christmas sales officially open. The FTSE has fallen 28.73 to 6,694.69. 1 hour ago

Merlin to open new Legoland park in South Korea

Merlin Entertainments has announced plans to open its first Legoland themepark in South Korea, a large market for Lego toy sales. 2 hours ago

Pennon H1 profits fall

First-half revenue at utility infrastructure company Pennon rose, but profit was hit by increasing costs across the group's two divisions. 2 hours ago

London pre-open: Markets focus on Eurozone, Japanese CPI, OPEC output decision

Little change is expected on the London market on Friday morning, despite a notably strong session in Asia overnight and ahead of the latest Eurozone inflation figure due out later on. 2 hours ago

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