UK stock market : Irish bank ratings, Xchanging, Xcite Energy, Heritage Oil

When FTSE is writing, it fall 0.9% and after the Moody’s reduce ratings of five banks in Irish. The UK investors is moving with send a Barclays, Lloyds Banking Group and RBS - Royal Bank of Scotland Group in negative region. Ernst & Young didn’t give support a report for UK stock market investor sentiment. That report tell that increasing of the interest will be harm many consumers and it also intimidate restitution of UK economic. According to arbitration of the American Arbitration Association in New York, the Satellite operator Avanti Communications Group become a winner into claim forward Space Exploration Technologies Corporation, it has full restore at $7.56m and interest. Avanti Communications also said that from migration of 5000 end-users to HYLAS 1 satellite of broadband communications will running to plan and it affirm service of full commercial will start on 4 April.



Into Standby Equity Distribution Agreement, the North Sea heavy oils group Xcite Energy has appeal £6m whereas Heritage oil has signed a contract with DaQing International. The Daqing will prepare a rig to drilling campaign of multi-well. This Heritage oil is means that it will deal with Tullow oil and the law suit about $313.4m by Tullow for Uganda taxes. Heritage is also support the claims. Both Jubilant Energy and Desire Petroleum prospects is a non-commercial. Jubiland Energy is clog and leave its P-16-1 on the Golaghat block in India while north Falkland Basin focus on Desire Petroleum is to clog and leave the 14/15-3 on the Ninky prospect. To procurement services, Xchanging has become a winner in the extention BAE Systems Australia to contracts. The first contract is signed in 2006 and has extented until 2013. The company Eckoh said that they will make a plan to pay a maiden dividend after growth in a strong full year. It also hope to report double-digit revenue growth and the increasing of substantial in operating income.