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Recent News

Thursday 02 September, 2010

02-Sep-2010 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 MAN GROUP USD0.03428571 229.00 5.77% AUTONOMY ORD SHS 1/3P 1716.00 5.21% BAE SYS. ORD 2.5P 313.30 3.74% WHITBREAD ORD 76 122/153P 1515.00
02-Sep-2010 05:00 PM

PLUSquoted Market Movers - Top risers and fallers at 17:00

PLUS Market Story provided by StockMarketWire.com...
02-Sep-2010 04:30 PM

Bank BPH remedy programme accepted by Polish FSA

Bank BPH's remedy programme - the Bank BPH Efficiency Enhancement Programme - has been accepted by the Polish Financial Supervision Authority. Story provided by StockMarketWire.com...
02-Sep-2010 04:30 PM

Market Movers - Top risers and fallers between 15:00 and 16:00

Overall Market VIPERA ORD 1P 7.75 14.81% 1PM ORD GBP0.0006818 0.04 6.67% MAX PETROL ORD 0.01P 16.75 6.35% GREATLAND ORD 0.1P 1.35
02-Sep-2010 04:24 PM

RAB Capital appoints chief executive

RAB Capital has promoted Charles Kirwan-Taylor to chief executive. He was previously chief investment officer of the group and head of risk, having joined RAB in March 2008. He has more than 30 years of experience in financial markets. Before joining
02-Sep-2010 04:19 PM

OUAL managing director resigns

The managing director or Omega Insurance Holdings' managing agency, Omega Underwriting Agents Ltd, Andrew Adie has resigned with immediate effect. OUAL chairman John Powell said: "Andrew has played a key role in OUAL's successful manageme
02-Sep-2010 04:15 PM

Invesco Property Income adjusted NAV at -5.38p

Invesco Property Income Trust adjusted net asset value per share stood at -5.38p at the end of June compared with -4.72p at the end of March. The NAV per share was -19.17p compared with -19.86p at the end of March. The NAV is calculated under Internati
02-Sep-2010 04:04 PM

Datatec offers R97m for Comztek Holdings

International information and communications technology group Datatec has made a conditional offer to acquire 100% of Comztek Holdings (Pty) Ltd for R97m. The consideration will be settled partly by cash and partly by the issue of Datatec and/or subsidi
02-Sep-2010 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 MAN GROUP USD0.03428571 229.70 6.10% AUTONOMY ORD SHS 1/3P 1708.00 4.72% WHITBREAD ORD 76 122/153P 1517.00 3.83% BAE SYS. ORD 2.5P 312.60
02-Sep-2010 03:59 PM

Formation reduces interest in JV

Formation Group's interest in JV Finance Ventures Limited has been reduced from 50% to 36.88%. This follows Formation's decision not to invest further in JV Finance Ventures Limited at this time and to reflect the additional investment by JV Fi
02-Sep-2010 03:45 PM

LINK urges rethink on cash machine curbs

Cash machine network LINK is urging the Government to relax restrictions which prevent four million people on benefits from using ATMs. Its annual Consumer Committee Report says that despite successfully installing 740 new free-to-use ATMs in the country
02-Sep-2010 03:35 PM

US gas storage up at 3,106bn cu ft

US working gas in storage rose to 3,106bn cu ft in the week ending 27 August, according to Energy Information Administration estimates today (2 September). The EIA says this represents a net increase of 54bn cu ft from the previous week. Stocks were 2
02-Sep-2010 03:33 PM

Broker News & Views

African Barrick Gold downgraded to hold from buy at Citigroup, target price stays 675p. Antofagasta cut to sector-perform from outperform at RBC. Admiral upgraded to buy from neutral at UBS, target price upped to 1752p from 1387p. BAE Systems raised to
02-Sep-2010 03:30 PM

Market Movers - Top risers and fallers between 14:00 and 15:00

Overall Market AQUA BTY REG S COM SHS USD0.001 (RE 12.50 11.11% SCHRODER ASIA S SUB SHS 1P 10.50 5.00% AMERISUR ORD 0.1P 13.50 3.85% YELL GRP. ORD 1P 18.47
02-Sep-2010 03:26 PM

Chariot appoints new chairman

Chariot Oil & Gas co-founder and non-executive director Adonis Pouroulis has been appointed non-executive chairman with immediate effect. He takes over from Peter Kidney who has stepped down to pursue other business interests. Pouroulis said: "I w
02-Sep-2010 03:23 PM

Ofgem launches mis-selling probe

Four of Britain's biggest energy suppliers are being investigated by the industry regulator over breaching mis-selling rules. Ofgem says it has begun investigations to establish whether Npower, Scottish Power, Scottish and Southern Energy and EDF En
02-Sep-2010 03:15 PM

US factory orders up 0.1%

New orders for US manufactured goods increased $0.6bn or 0.1% to $409.5bn in July following two consecutive monthly falls, the US Department of Commerce said today (2 September). This followed a 0.6% June decrease. Excluding transportation, new orders
02-Sep-2010 03:10 PM

US pending home sales up 5.2%

US pending home sales have risen modestly risen following a sharp drop in the months immediately after the home buyer tax credit expired, the National Association of Realtors said today (2 September). Its Pending Home Sales Index, a forward-looking indic
02-Sep-2010 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 AUTONOMY ORD SHS 1/3P 1702.00 4.35% MAN GROUP USD0.03428571 225.70 4.25% BAE SYS. ORD 2.5P 311.80 3.25% THOMAS COOK ORD EUR0.10 193.40
02-Sep-2010 02:59 PM

Chapelthorpe FD resigns

Chapelthorpe finance director Andy Weatherstone has resigned from the board with effect from 30 September in order to take up another appointment. Story provided by StockMarketWire.com...
02-Sep-2010 02:44 PM

Carolan Dobson joins JPMorgan European Smaller Co board

Carolan Dobson has been appointed as an independent non-executive director of JPMorgan European Smaller Companies Trust. Dobson is chairman of QinetiQ Pension Fund, a trustee of Avon Pension Fund, a non-executive director of Shires Smaller Companies plc
02-Sep-2010 02:33 PM

Wimm-Bill-Dann Foods H1 revenues up 17.1%

First half revenues at dairy products group Wimm-Bill-Dann Foods rose 17.1% to $1,255.1m in the six months to the end of June. Group gross profit increased to $375.8m from $363.4m but margins fell by 400 basis points year-on-year to 29.9% as a result of
02-Sep-2010 02:30 PM

Market Movers - Top risers and fallers between 13:00 and 14:00

Overall Market FRONTERA RES CMN SHS USD0.00004 4.50 20.00% HAVELOCK EUROPA ORD 10P 8.25 6.45% TANZANITE COM SHS USD0.0003 8.13 4.84% CASSIDY BROS. ORD 10P 47.50
02-Sep-2010 02:09 PM

Vodafone and Samsung launch GALAXY Tab

Samsung Electronics and Vodafone have launched the Samsung GALAXY Tab - the first tablet 'smart media device' by Samsung. The GALAXY Tab - which is powered by Android Operating System 2.2 - will start selling in October in the majority of Vod
02-Sep-2010 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 MAN GROUP USD0.03428571 226.40 4.57% AUTONOMY ORD SHS 1/3P 1699.00 4.17% BAE SYS. ORD 2.5P 312.70 3.54% THOMAS COOK ORD EUR0.10 194.00