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Recent News

Monday 02 November, 2009

02-Nov-2009 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 RANDGOLD RES. ORD $0.05 4196.00 5.96% EURASIAN ORD USD0.20 879.00 5.46% VEDANTA ORD USD0.10 2197.00 4.97% LONMIN ORD SHS USD1 1535.00 ...
02-Nov-2009 04:30 PM

TR European Growth Trust NAV up

TR European Growth Trust's net asset value rose to 423.92p at the end of September - up from 334.08p at the end of June. Net assets totalled £268m - up from £215m. The ordinary share price rose to 381.5p - up from 303p. Story provided by Business F...
02-Nov-2009 04:30 PM

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

Overall Market MEDIAZEST ORD 0.1P 0.75 20.00% ITM POWER ORD 5P 21.75 14.47% SUMMIT CORP ORD 1P 8.13 14.04% ORSU METALS COM SHS NPV 3.38 ...
02-Nov-2009 04:27 PM

Eutelsat satellite on track for launch

Eutelsat Communications' W7 satellite is on track for launch on 23 November. The satellite arrived at the Baikonour Cosmodrome on 20 October and is now in final stages of preparation for launch by International Launch Services on board a Proton Breeze M ...
02-Nov-2009 04:22 PM

Shanta Gold lodges Tanzania mining licence

Shanta Gold has applied for a mining licence in the Chunya prospecting area in Tanzania. The application on its Saza licence covers a total area of 7.83 square kilometres and proposes the establishment of an open pit and underground mine and a gravity an...
02-Nov-2009 04:14 PM

SIPPs bolster Pointon York

Financial services firm Pointon York posts first half after-tax losses of £176,000 - up from £171,000 last time. Turnover for the six months to the end of July was £1.630,000 - down from £1,651,000 in 2008. But the firm's principal subsidiary Pointon Yo...
02-Nov-2009 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 RANDGOLD RES. ORD $0.05 4200.00 6.06% EURASIAN ORD USD0.20 880.00 5.58% KAZAKHMYS ORD 20P 1144.00 5.05% LONMIN ORD SHS USD1 1533.00 ...
02-Nov-2009 03:57 PM

THB Group strengthens its board

Specialist insurance broker THB Group has appointed Steve Matanle as an executive director. He joined THB as chief executive of Lloyd's broker Thompson Heath & Bond in May. His London Market career has included a number of senior roles at Marsh McLenna...
02-Nov-2009 03:43 PM

Worship Street invests in St Helens Finance

Worship Street Investments has made an investment in PLUS-quoted St Helens Finance Plc. WSI has subscribed to £60,000 of loan notes paying an annual coupon of 8.5%. The notes are convertible at 9.5p, expiring on 31 December 2013. St Helens Finance pr...
02-Nov-2009 03:35 PM

Carillion completes sale of Enviros

Carillion has completed the sale of its non-core environmental consultancy business, Enviros, to engineering, sciences and project delivery firm, Sinclair Knight Merz. The sale generated net cash proceeds of £26.8m, in line with the announcement made b...
02-Nov-2009 03:33 PM

Friends Reunited deal referred to Competition Commission

ITV is disappointed that its sale of Friends Reunited to Brightsolid Group is being referred to the Competition Commission for further investigation. ITV said it was disappointed by the Office of Fair Trading's decision but said it would work closely wi...
02-Nov-2009 03:30 PM

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

Overall Market KAKUZI STK KES5 30.00 50.00% I-DESIGN ORD 10P 19.50 14.71% ADV.POWER COMP. ORD 2P 7.50 7.14% STRATEGIC NAT. ORD 1P 12.00 ...
02-Nov-2009 03:27 PM

US construction spending up 0.8% in September

US construction spending rose 0.8% in September - its biggest rise since September last year. This followed a 0.1% decline in August. Private construction was up 0.5%and residential construction increased by 3.9% following a 3.4% rise in August. Publi...
02-Nov-2009 03:19 PM

US pending home sales rise for record eight straight months

US pending home sales rose again, marking eight consecutive monthly gains £ the longest streak since measurement began in 2001, according to the National Association of Realtors. The Pending Home Sales Index - a forward-looking indicator based on contra...
02-Nov-2009 03:16 PM

US manufacturing growth rate highest since April 2006

Economic activity in the US manufacturing sector expanded in October for the third consecutive month, and the overall economy grew for the sixth consecutive month. The chairman of the Institute for Supply Management Manufacturing Business Survey Committe...
02-Nov-2009 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 RANDGOLD RES. ORD $0.05 4136.00 4.44% EURASIAN ORD USD0.20 866.50 3.96% KAZAKHMYS ORD 20P 1124.00 3.21% LONMIN ORD SHS USD1 1510.00 ...
02-Nov-2009 02:57 PM

Johnston Press appoints company secretary

Johnston Press has appointed Peter McCall as company secretary following Richard Cooper's retirement. Cooper joined the company in 1996 having previously been finance director of Yorkshire Weekly Newspaper Group. McCall, a solicitor, was company secret...
02-Nov-2009 02:42 PM

First Quantum sets date for Q3 results

First Quantum Minerals will publish its 2009 third quarter results on Tuesday, 10 November after the close of the TSX. Story provided by Business Financial Newswire...
02-Nov-2009 02:39 PM

Red Rock takes stake in Cue Resources

Mineral exploration and development firm Red Rock Resources has taken a 15.78% stake in Cue Resources. Red Rock has subscribed for 9,898,000 units at £565,000. Each unit consists of one common share and one warrant entitling the holder to subscribe fo...
02-Nov-2009 02:31 PM

Value and Income Trust NAV up 28.4%

Value and Income Trust net asset value rose 28.4% to 212.49p in the six months to the end of September. VIT's share price rose 68.9% in the same period while the FTSE All-Share Index rose by 32.8% over the half-year, in capital terms. VIT's property po...
02-Nov-2009 02:30 PM

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

Overall Market BAOBAB RES. ORD 1P 6.88 7.84% INDIA HSP DI ORD USD0.001 (DI) 0.70 7.69% SUMMIT CORP ORD 1P 7.13 7.55% PETROLATINA ORD USD0.10 60.00 ...
02-Nov-2009 02:26 PM

Partners Group Global Opportunities NAV falls 35.7%

Partners Group Global Opportunities' net asset value fell by 35.7% to £4.98 per share during the first nine months of the year. It said that during the period the portfolio had been repositioned to strengthen its liquidity position and to reduce gearing ...
02-Nov-2009 02:19 PM

PMG secures Ballantine's sponsorship extension

Ballantine's, the title sponsor for the largest golf tournament in South Korea, has extended its sponsorship for a further three years to 2013, Parallel Media Group said today (2 November). The Ballantine's Championship, a PGA European Tour event which t...
02-Nov-2009 02:13 PM

EcoSecurities' non-execs resign

EcoSecurities' non-executive directors Paul Ezekiel and Robert Flicker resigned their positions on 30 October following the wholly unconditional recommended cash offer by Carbon Acquisition Co, an indirect subsidiary of JPMorgan Chase & Co. Stor...
02-Nov-2009 02:10 PM

Communisis confirms Blundell as CEO

Communisis confirmed that Andy Blundell's appointment as chief executive became effective on 31 October. Steve Vaughan stepped down as chief executive and as a director of the company on that date, but will remain a full time employee of the company un...