Information  X 
Enter a valid email address

Recent News

Thursday 07 July, 2011

07-Jul-2011 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 ANTOFAGASTA PLC ORD 5P 1491.00 3.76% MAN GROUP PLC USD0.03428571 255.70 3.56% KAZAKHMYS PLC ORD 20P 1405.00 3.08% FRESNILLO PLC ORD USD0.50 1443.00
07-Jul-2011 05:00 PM

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

PLUS Market Sprue Aegis plc 65.00 276.81% Ezybonds (UK) plc - 10p Warrants 3.75 150.00% Judicium plc 140.00 133.33% Oriental City Group Plc 0.23
07-Jul-2011 04:31 PM

REA Kaltim gets sustainable palm oil certification

R.E.A. Holdings' operating subsidiary, PT REA Kaltim Plantations, has received certification that it meets the applicable RSPO standards as a producer of sustainable palm oil. The certification covers the two crude palm oil mills operated by REA K
07-Jul-2011 04:30 PM

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

Overall Market MESSAGING INTERNATIONAL PLC ORD 0.5 0.98 22.50% REGENCY MINES PLC ORD 0.1P 4.03 4.68% ALEXANDER MINING PLC ORD 10P 9.25 4.17% CHURCHILL MINING PLC ORD 1P 40.37
07-Jul-2011 04:22 PM

QinetiQ agrees to sell Spectro for $20.5m

QinetiQ Group has agreed to sell Spectro - a supplier of oil and fuel analysis instrumentation based in Littleton, Massachusetts - to SFW Capital Partners for $20.5m. QinetiQ says this is expected to generate approximately $17m net proceeds after tax and
07-Jul-2011 04:18 PM

OFT clears Kingfisher takeover of 30 Focus DIY stores

The Office of Fair Trading has given home improvement giant Kingfisher the go-ahead to acquire 30 Focus DIY stores following agreement with the administrators in May. Kingfisher says the decision means that over 600 jobs will be saved. The stores will
07-Jul-2011 04:08 PM

Madagascar Oil talks on exploration blocks rescheduled

Madagascar Oil is rescheduling a meeting with Madagascar regulators to discuss approval for the 2011-12 work programmes for three exploration blocks. The talks were due to be held yesterday (6 July) but relevant staff from the regulatory agency, OMNIS, w
07-Jul-2011 04:02 PM

US crude oil inventories fall by 0.9m barrels

US commercial crude oil inventories fell by 0.9 million barrels to 358.6 million barrels in the week ending 1 July. The US Energy Information Administration said crude oil inventories are above the upper limit of the average range for this time of yea
07-Jul-2011 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 MAN GROUP PLC USD0.03428571 256.70 3.97% ANTOFAGASTA PLC ORD 5P 1488.50 3.58% KAZAKHMYS PLC ORD 20P 1409.50 3.41% FRESNILLO PLC ORD USD0.50 1449.50
07-Jul-2011 03:38 PM

Toledo completes first shipment from Berong stockpile

Toledo Mining has completed the first shipment from the existing stockpile at the Berong mine. Toledo said the 'Aqua Atlantic' sailed for China today (7 July) with 54,230 wet tonnes of nickel laterite ore. It says further shipments will follow
07-Jul-2011 03:35 PM

Sara Lee appoints CFO for North American operations

Sara Lee Corporation has appointed Maria Henry chief financial officer of its North American operations from 18 July. She will serve as the CFO for Sara Lee after the spin-off of the international coffee and tea business is complete in spring 2012. H
07-Jul-2011 03:33 PM

US gas storage up at 2,527bn cu ft

US working gas in storage rose to 2,527bn cu ft in the week ending 1 July, The US Energy Information Administration says this represents a net increase of 95bn cu ft from the previous week. Stocks were 224bn cu ft less than last year at this time a
07-Jul-2011 03:30 PM

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

Overall Market PHYSIOMICS PLC ORD 0.04P 0.51 6.25% XG TECHNOLOGY INC COM STK USD0.01 ( 0.87 6.10% GREATLAND GOLD PLC ORD 0.1P 2.20 4.76% GB GROUP PLC ORD 2.5P 42.25
07-Jul-2011 03:10 PM

Heavitree Brewery revenues recover well after harsh winter

Heavitree Brewery's first half revenues recovered well after the harsh weather conditions during the Christmas and New Year trading periods. The company said it enjoyed a steady performance in the six months tom the end of April. Heavitree Brewery
07-Jul-2011 03:02 PM

Antrim agrees Erne farm-out deal with Premier

Antrim Energy has agreed to farm out a portion of its Erne prospect in the Greater Fyne area in the central North Sea. Premier Oil UK has agreed to earn a 50% working interest in Antrim's 100% owned licence P1875 by funding a promoted share of the
07-Jul-2011 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 MAN GROUP PLC USD0.03428571 255.85 3.62% KAZAKHMYS PLC ORD 20P 1402.50 2.90% LEGAL & GENERAL GROUP PLC ORD 2 1/2 124.35 2.77% XSTRATA PLC ORD USD0.50 1425.25
07-Jul-2011 02:58 PM

Gazprom and Renova to merge power assets

Gazprom and Renova Group have agreed to merge their power assets. An 'agreement of intent' was signed by the companies' chairmen - Gazprom's Alexey Miller and Renova's Viktor Vekselberg - at Gazprom's headquarters today (7 J
07-Jul-2011 02:54 PM

Energy XXI Gulf Coast exchange offer extended

Energy XXI (Bermuda)'s operating subsidiary Energy XXI Gulf Coast has extended the expiration date for its exchange offer on its outstanding $750m 9.25% senior notes due 2017. The exchange offer, which began on 6 June - was set to expire at 5:00 p.m
07-Jul-2011 02:48 PM

Corio signs €600m revolving credit facility

Corio has successfully closed the syndication of a €600m revolving credit facility. This refinances the €600m revolving credit facility. agreement signed in April 2005. The new credit line has a tenor of five years with two one-year extension
07-Jul-2011 02:46 PM

Broker News & Views

Deutsche Bank downgrades Ferrexpo from buy to hold, target price increased from 477p to 480p. Numis upgrades Dunelm Group from add to buy, target price 500p. Numis downgrades AVEVA Group from buy to add, target price unchanged at 2000p. Panmure Gordon
07-Jul-2011 02:46 PM

Aberdeen Asset Management repays notes

Aberdeen Asset Management has repaid in full the $125m of 7.2% subordinated notes 2016 which were issued in 2006. Repayment was effected in accordance with the company's optional prepayment rights and financed from the group's cash resources.
07-Jul-2011 02:30 PM

Ukrproduct first half revenues rise

Ukraine branded dairy products producer Ukrproduct Group expects first half revenues to be around 25% up year-on-year. The group said it strengthened its leading position in the butter segment, increasing its market share by approximately 1.5%. And it
07-Jul-2011 02:30 PM

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

Overall Market MERCHANT HOUSE GROUP PLC ORD 0.01P 0.26 8.33% MOBILEWAVE GROUP PLC ORD 5P 1.27 5.83% SOLID STATE PLC ORD 5P 110.00 5.26% WESSEX EXPLORATION PLC ORD 0.1P 3.05
07-Jul-2011 02:23 PM

CBI is not ruling out interest rate rise before the year-end

Britain's bosses are not ruling out a change in interest rates before the end of the year. The Bank of England's monetary policy committee has kept the rate at its record low of 0.5% for another month. But the Confederation of British Industry
07-Jul-2011 02:09 PM

First Quantum output falls in second quarter

First Quantum Minerals' second quarter production figures were affected by maintenance-related downtime. Copper production fell to 64,500 tonnes - down from 85,402 tonnes last year - and gold output fell to 40,700 ounces from 51,461 in the correspon