A.P. Moeller Dips On News

Thursday, June 07, 2001
A.P. Moeller fell around four percent on Thursday as news of a production halt and talk of higher tax continued to scare away investors, brokers said. Furthermore, share prices were still under pressure after Morgan Stanley's announcement in May that Moeller`s weighting would be reduced in its coming Morgan Stanley Denmark index. An ongoing debate about the possibility of higher tax was hurting shares. The Danish government is considering raising taxes on North Sea oil production. In addition, the company halted 40 percent of its North Sea due to a gas explosion in late May. Last week it said full production would not resume for several months. - (Reuters)

Finance

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Skaugen Goes to Red Again

Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

 
 
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