Corporate week in brief: soft oil prices, stretched finances threaten renewed focus on growth

Can balance sheets support growth? growth continues to make a comeback in corporate results season. But with corporate balance sheets stretched, where will the money come from to fund a new investment phase? Macro: growing perception of limited oil price upside prompts sector sell-off Companies: more US companies highlight growth targets; CNPC takes 8% in ADCO licence extension M&A: Cairn Energy joins list of rumoured bidders for Dong Energy’s upstream business Exploration: Lundin adds to Barents Sea resources