Statoil tops sell shares after disappointing results – Aftenbladet.no

Executive Vice President of Statoil Lars Christian Bacher sold, according to a press release on Friday, 1000 shares at a price per share of 183 million. The same day sold the company secretary Benedikte Bjørn 800 Statoil shares at a price per share of 184.50 million.

Both Bacher and bears are so-called insiders in the company. This means that they are subject to certain requirements relating to trading and reporting because they are regarded as people who often have more knowledge about where the stock price is going to move.

“Members of the Board and management, others employees or persons outside the company that are defined as insiders in a company, often have greater knowledge of the company’s ongoing operations and is therefore in many cases better suited to assess the direction in which the stock price will move, “according to a note from the Oslo Stock Exchange .

Poor results

we submitted on Friday results that were 11 percent below consensus among analysts.

adjusted operating income for the second quarter of 32.3 billion Defence 15 percent lower than in 2013 due to the sale, lower gas prices and downs in its onshore operations in the United States.

This caused the share price fell by 2.5 percent on Friday. The rate continued to fall on Monday morning, and was at 10.30 at just over 1 percent lower than at the close of trading on Friday. Statoil share price fell more than 4 percent last month.

group’s share price over the past week

Source: Oslo Børs

Analysts Eve magazine spoke with on Friday said it basically was no drama in that we submitted weaker numbers. But what worried the most was that this time the Norwegian continental shelf, and not the international business that failed.

decline of Norwegian continental shelf due to lower production and sometimes higher operating costs and depreciation costs.

For high estimates?

Analyst Christian Yggeseth in Arctic Securities said that we’re in a period where the Norwegian shelf has some challenges with costs.

– When inntekstbasen begins to fail, especially with the low gas prices in Europe, it becomes all the more sensitive. Increased pension obligations also helps charge. The maturity on the Norwegian continental shelf means that we can get some disappointments Norwegian shelf forward, said Yggeseth.

– I believe that the estimates of gas is too high for the third quarter. We hope that prices and volumes reaches levels where they can start producing again. Should there be no improvement, there is a risk that gas production and prices need to be adjusted down. This means that the total estimates come down.

Statoil’s share price

Range	Ret. %	Høy	Lav
Intradag	-1,09%	182,90	181,60
Uke	-3,19%	190,40	181,20
Måned	-4,21%	192,50	181,20
Hittil year	28.65%	195.90	144.60
1 year	46.83%	195.90	125.10

Source: Oslo Børs

Greater Disclosure of trafficking – VG

Norwegian police were involvert as 66 people diaper arrestert in connection with Europol and Interpol has avslørt a menneskehandelsnettverk, according to Spanish newspaper.

Menneskehandelsnettverket diaper avslørt banquets a co-operation between Interpol and Europol and police in Norway, Denmark, Germany, Costa Rica, the U.S. and India, reports the Spanish newspaper El Día.

Police explains in a note to the avslørte one group of people with a Indian and Pakistani opprinnelse. The group will have earned back more than 300,000 euros, around 2.6 million Norwegian kroner at y falsify oppholdstillatelser and arranging fake ekteskap.

Police have also match was found ut the group arrangerte ekteskap-operation between europe amazing women and Indian or Pakistani citizens in exchange mot 105,000 Norwegian Kroner, or 12,000 euros.

I also calling la group to score illegal innvandring to the United States in exchange mot 160,000 kroner. For the sum asked to deliver the documents candy that a person could journey as a tourist for operation between America and Mexico, and since coming segment on illegal innvandrer inn in the United States.

Menneskehandelsnettverket had a print shop in Santa Coloma de Gramane in Spain, where they pressed the fake papers. The utga print shop å be a laboratory.

Amongst the 66 arresterte, is also primarily responsible for handlingene’s Network has gjennomført.

Brunettes research started raising in 2013 , banquets police had mottatt a complaint from one of organisasjonens victims.