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Monday 16 November, 2009

16-Nov-2009 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 LONMIN ORD SHS USD1 1740.00 9.30% XSTRATA ORD USD0.50 1093.00 7.79% ANTOFAGASTA ORD 5P 934.00 7.60% RIO TINTO ORD 10P 3305.00 ...
16-Nov-2009 04:30 PM

QinetiQ confirms Quinn as CEO

QinetiQ Group has confirmed the appointment of Leo Quinn as chief executive officer. This is further to the announcement made on 29 October. Story provided by Business Financial Newswire...
16-Nov-2009 04:30 PM

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

Overall Market KURAWOOD ORD 1P 1.13 12.50% KEFI MINERALS ORD 1P 2.25 12.50% PURE WAFER ORD 2P 5.50 10.00% DAVENHAM ORD 1P 9.75 ...
16-Nov-2009 04:23 PM

SpaceandPeople appoints Nomad

SpaceandPeople plc has appointed Seymour Pierce as its nominated adviser and broker with immediate effect. Story provided by Business Financial Newswire...
16-Nov-2009 04:12 PM

Former Amerisur director exercises options

A former director of South America-focused oil and gas explorer Amerisur Resources has exercised options to acquire 1 million shares at 2.16p apiece. Application has been made for the shares to be admitted to AIM, with trading expected to commence on 20 ...
16-Nov-2009 04:05 PM

Pentagon 'undervalued' by Westminster

Enhanced glass protection supply and installation specialist Pentagon Protection says an approach made by by Westminster Group substantially undervalued the company. Pentagon noted the recent share price movement and speculation concerning a possible off...
16-Nov-2009 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 LONMIN ORD SHS USD1 1729.00 8.61% XSTRATA ORD USD0.50 1086.00 7.10% ANTOFAGASTA ORD 5P 928.50 6.97% RIO TINTO ORD 10P 3293.50 ...
16-Nov-2009 03:50 PM

Your Space CVA accepted

Your Space's proposed company voluntary arrangement was accepted at a creditors' meeting and a members' meeting today (16 November). Story provided by Business Financial Newswire...
16-Nov-2009 03:41 PM

DiamondCorp issues shares to Wills & Co

South African diamond mining and exploration company DiamondCorp has issued 145,000 shares to Wills & Co Registrars in satisfaction of investor relations services for the 12 months to 13 November 2010. The new shares represent 0.30% of the company's issu...
16-Nov-2009 03:38 PM

OFT clears Go-Ahead takeover of Arriva W. Sussex business

Go-Ahead's takeover of Arriva plc's West Sussex business has been given the green light by the Office of Fair Trading which is not referring the deal to the Competition Commission. Story provided by Business Financial Newswire...
16-Nov-2009 03:34 PM

Creat Resources placing to raise £4.8m

Creat Resources Holdings is raising £4.8m through a conditional placing of 96 million new shares with two investors from the People's Republic of China. The proceeds will be used to acquire additional business assets or businesses. On 21 August, Creat ...
16-Nov-2009 03:30 PM

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

Overall Market PENTAGON PROT. ORD 0.1P 0.68 22.73% ARTEON ORD 5P 107.50 19.44% API GRP. ORD 1P 9.25 10.38% MOTIVE TV ORD 0.1P 0.60 ...
16-Nov-2009 03:18 PM

KEIF completes further Paris disposal

Kenmore European Industrial Fund has sold 3 Rue de Bondy, in Aulnay-sous-Bois in France, to a private investor for a net price of ?1.14m - 1.4% below the June valuation. The property comprises 7,675 sq ft arranged as three floors of offices in a mixed-...
16-Nov-2009 03:15 PM

BP confirms Kaskida field extension

Oil giant BP has confirmed that an appraisal well to test a western extension of the Kaskida field found oil in Lower Tertiary reservoirs five miles to the west of the discovery well. The well, drilled to a total depth of 32,500 feet, is located in Keat...
16-Nov-2009 03:06 PM

US inventories down 0.4% in September

US manufacturers? and trade inventories fell 0.4% in September. Latest figures from the US Department of Commerce estimated that seasonally adjusted figures fell to $1,303.4bn - down 0.4% from August and down 13.4% from September 2008. Story provi...
16-Nov-2009 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 LONMIN ORD SHS USD1 1742.00 9.42% XSTRATA ORD USD0.50 1083.00 6.80% ANTOFAGASTA ORD 5P 920.50 6.05% RIO TINTO ORD 10P 3289.50 ...
16-Nov-2009 02:58 PM

Biotech Growth Trust NAV up

Biotech Growth Trust's net asset value rose to 153.5p at the end of September - up 12% from 136.9p at the end of March. The share price was 146p - up 11.9% from 130.5p in March. Chairman John Sclater said: "Market conditions in our current financial yea...
16-Nov-2009 02:44 PM

Cranswick strengthens its board

Cranswick has appointed Steven Esom as a non executive director. He has held a number of senior positions within the food sector including executive director of food at Marks & Spencer following 12 years at Waitrose where the last five years were as mana...
16-Nov-2009 02:30 PM

Hammerson France MD resigns

Hammerson France managing director Christophe Clamageran has resigned from the board with immediate effect. He will be taking up a senior position at a major quoted French real estate company. Operations director Jean-Philippe Mouton will taking over C...
16-Nov-2009 02:30 PM

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

Overall Market PENTAGON PROT. ORD 0.1P 0.68 22.73% DAVENHAM ORD 1P 9.00 12.50% MOTIVE TV ORD 0.1P 0.60 9.09% SWALLOWFIELD ORD 5P 114.50 ...
16-Nov-2009 02:24 PM

UME exploration vice-president steps down

Uruguay Mineral Exploration's vice-president exploration George Schroer will resign effective 15 December. The company plans to operate with a more streamlined exploration management team. Chief executive David Fowler said: ?On behalf of the board and...
16-Nov-2009 02:21 PM

Tate & Lyle launches cash tender offer

Tate & Lyle subsidiary, Tate & Lyle International Finance, is launching a tender offer for its £200m 6.50% notes due 2012. The offer is being made as part of Tate & Lyle's ongoing management of its balance sheet and debt maturity profile. The company sa...
16-Nov-2009 02:21 PM

Tate & Lyle launches cash tender offer

Tate & Lyle subsidiary, Tate & Lyle International Finance, is launching a tender offer for up to £70m of its 6.50% notes due 2012. Tate & Lyle International Finance is inviting holders of its £200m 6.50 - issued under the ?1bn note programme - to tender ...
16-Nov-2009 02:13 PM

British SmallerTechCos VCT2 total return up

British Smaller Technology Companies VCT 2 net asset value fell to 73.0p at the end of September - down from 75.7p at the end of June. It said the net asset value at 30 September was stated after taking account of the interim dividend of 2.0p per share a...
16-Nov-2009 02:08 PM

Westminster Group confirms Pentagon Protection approach

Westminster Group has confirmed that it has made an approach to Pentagon Protection. The Westminster board said it noted the recent share price movement and speculation concerning a possible offer for Pentagon Protection. A statement said: "Westminster ...