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Noble Group Ltd (NOBG.SI)

NOBG.SI on Stock Exchange of Singapore

0.17SGD
9 Dec 2016
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$0.00 (+3.03%)
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Latest Key Developments (Source: Significant Developments)

Noble Group announces divestiture of Noble Americas Energy Solutions
Sunday, 9 Oct 2016 07:00pm EDT 

Noble Group Limited: Noble announces divestiture of noble americas energy solutions for usd 1.05 billion . Consideration for divestiture consists of usd 800 million plus repayment to noble of NAES working capital at closing . operating cash flows from naes will continue to accrue to noble up until closing of transaction . Expected that transaction will close in december 2016 . It is expected that transaction will close in december 2016 . "with this divestiture, noble will continue to reduce debt while also funding growth opportunities in high return businesses" . closing of divestiture subject to approval by shareholders, expiration of hart scott-rodino waiting period and approval of u.s. Federal energy regulatory commission .Sale of Noble Americas Energy Solutions subsidiary to Calpine Corporation.  Full Article

Noble Group says unit appointed a liquidator on Aug 25
Friday, 26 Aug 2016 05:29am EDT 

Noble Group Ltd : Energy solutions bulgaria eood a wholly-owned dormant subsidiary of the company, has appointed a liquidator on 25 August 2016. . Voluntary liquidation of energy solutions bulgaria is not expected to have any material impact on EPS for financial year ending 31 December 2016 .  Full Article

Moody's downgrades Noble Group's ratings to B2; outlook negative
Monday, 15 Aug 2016 11:31am EDT 

Moody's: Moody's downgrades Noble Group's ratings to B2; outlook negative .Moody's On Noble Group - Negative outlook reflects co's weak liquidity and uncertainty regarding its ability to rebuild and reposition its operations.  Full Article

Noble says sale of Noble americas energy solutions on track to complete in 2016
Thursday, 11 Aug 2016 05:07am EDT 

Noble Group Ltd : Operating income margin at 2.06%" . Sale of Noble americas energy solutions progressing well and on track to complete in 2016 .  Full Article

Noble Group says "low price volatility continued to impact the North American retail energy market"
Thursday, 11 Aug 2016 05:07am EDT 

Noble Group Ltd : Says "global LNG franchise is currently being reorganized, with staff changes and a refocusing of the business plan." . Low price volatility continued to impact the North American retail energy market, minimizing trading opportunities" . Sale of Noble Americas Energy Solutions is targeted to close in the next few months .  Full Article

Noble posts Q2 net loss of $54.9 million
Thursday, 11 Aug 2016 05:07am EDT 

Noble Group Ltd : Q2 revenue $12.45 billion versus $18.36 billion a year ago . Q2 net loss $54.9 million versus profit $62.6 million a year ago .  Full Article

Noble Group says decided to initiate formal sale process for Noble Americas Energy Solutions
Thursday, 11 Aug 2016 05:05am EDT 

Noble Group Ltd : Revenue for the six months totaled US$ 23.1 billion, compared to that for 2015 of US$ 32.6 billion . Operating income from supply chains for the six months totaled US$ 476.3 million, compared to that for 2015 US$ 765.5 million . Net profit for the six months was US$ 38.3 million, compared to that for 2015 of US$ 331.4 million. . Says decided to initiate the formal sale process for our wholly owned US based power marketing business, Noble Americas Energy Solutions .  Full Article

Singapore Exchange issues query regarding trading activity on Noble
Tuesday, 2 Aug 2016 02:35am EDT 

Singapore Exchange: Query regarding trading activity) . Singapore Exchange - issues query regarding trading activity on Noble Group Ltd Full Article

Noble Group responds to S&P rating downgrade
Thursday, 16 Jun 2016 05:07am EDT 

Noble Group Ltd : Notes that Standard and Poor's have made a determination to downgrade the company to B+ with a negative watch . Says company does not agree with S&P's assessment that its liquidity has weakened .  Full Article

S&P says Noble Group Ltd downgraded to 'B+';Outlook Negative
Wednesday, 15 Jun 2016 06:59am EDT 

S&P on Noble Group: Also lowering greater china regional scale rating on Noble to 'cnBB-' from 'cnBB' and on the notes to 'cnB+' from 'cnBB-' . Negative outlook reflects the elevated refinancing risk over the next 12 months . Departure of Noble's CEO and stepping down of its chairman may impact co's strategy and execution . Noble benefits from a consistent track record of asset sales and raising of funds to stabilize its liquidity. Source (http://bit.ly/1WNtoc3) Further company coverage: [NOBG.SI] (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

UPDATE 1-Noble Group reports Q3 net loss, flags debt reduction

SINGAPORE, Nov 10 Commodity trader Noble Group slumped to its second consecutive quarterly loss as its business was impacted by a wide-ranging restructuring aimed at shoring up liquidity and investor confidence.