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Recent News

Monday 29 March, 2010

29-Mar-2010 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 XSTRATA ORD USD0.50 1231.50 3.23% VODAFONE GRP. ORD USD0.11 3/7 151.15 3.03% LONMIN ORD SHS USD1 2105.00 2.43% LEGAL&GEN. ORD 2 1/2P 87.05
29-Mar-2010 05:00 PM

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

PLUS Market Aspartus plc 0.33 116.67% Structured Investment Products plc 28.25 109.26% Allura plc 0.40 100.00% Reform Pharma plc 0.75
29-Mar-2010 04:30 PM

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

Overall Market BERKELEY TECH ORD US$0.05 4.00 14.29% EATONFIELD ORD 1P 2.83 8.65% ASCENT RES. ORD 0.1P 5.50 7.32% PRODESSE ORD USD0.01 561.00
29-Mar-2010 04:24 PM

ZOO unveils Blu-ray authoring system

ZOO Digital has launched its automated authoring software for producing tregionalised Blu-ray Discs and its first customer for the translation management system. ZOO's integrated software toolset automates the preparation of digital content includin
29-Mar-2010 04:19 PM

Trading Emissions sets date for interims

Trading Emissions will announce its interim results for the six months to the end of December on 31 March. Story provided by Business Financial Newswire...
29-Mar-2010 04:16 PM

BMCE Bank operating income up

Banque Marocaine Du Commerce Exteri posts a 25% rise in net banking income to MAD3.6bn in 2009. And it reports a significant increase of 14.3% in gross operating income to MAD1.1bn. It said the rise in net banking income was mainly due to the income fro
29-Mar-2010 04:05 PM

Kalahari Minerals options exercised

Namibia-focused Kalahari Minerals is issuing 343,667 new ordinary shares following the exercise of options. The firm - which has uranium, gold and base metal interests in Namibia - said 81,667 options were exercised at 30p per share and 262,000 options
29-Mar-2010 04:00 PM

Eastern European Trust appoints Edmond Warner as SID

Eastern European Trust has appointed Edmond Warner as the senior independent director. Warner joined the Board in 2003 and is chairman of the audit committee. He is chairman of UK Athletics, the sport's national governing body. He is also chairma
29-Mar-2010 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 XSTRATA ORD USD0.50 1227.50 2.89% VODAFONE GRP. ORD USD0.11 3/7 150.70 2.73% LEGAL&GEN. ORD 2 1/2P 87.10 2.29% LONMIN ORD SHS USD1 2098.00
29-Mar-2010 03:56 PM

Solo Oil first half losses narrow

First half pre-tax losses at Solo Oil fell to £274,000 in the six months to the end of December - down from £307,000 last time. The loss per share fell to £0.03 from £0.12. Total assets increased to £5.9m from £926,000 with cash and cash equivalents inc
29-Mar-2010 03:50 PM

Cenkos Securities makes encouraging start

Stockbroker Cenkos Securities has made a very encouraging start to the current year although the markets in which it operates continue to be challenging. It said the revenue earning teams had each made a positive contribution to the group's performa
29-Mar-2010 03:42 PM

Stratex gets encouraging results from Ethiopian find

Stratex International has received encouraging geochemistry results from its Ethiopian gold discovery, Megenta, in the Afar region. Rock chip sampling returned up to 3.0 g/t Au and detailed mapping and sampling is under way to define drill targets for th
29-Mar-2010 03:38 PM

Avanti gets N. Ireland contract extension

Broadband satellite operator Avanti Communications has received a contract extension from the Department of Enterprise, Trade and Investment in Northern Ireland. The firm says this will increase the budget available for the provision of satellite broadba
29-Mar-2010 03:34 PM

Blackrock Greater Europe unveils tender offer

Blackrock Greater Europe Investment Trust is launching a tender offer for up to 20% of its shares. The calculation date will be 1 June and the price will be 98% of the net asset value per share. Story provided by Business Financial Newswire...
29-Mar-2010 03:30 PM

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

Overall Market NICHE GRP. ORD 1P 0.28 22.22% LEGION GROUP ORD 0.5P 2.13 13.33% FINDEL ORD 5P 25.00 4.17% HARVEY NASH GRP ORD 5P 42.00
29-Mar-2010 03:25 PM

Centamin reaches tonne of gold at Sukari

Centamin has poured one tonne of gold at its Sukari mine in Egypt. The firm reached and surpassed the milestone after the one-millionth tonne of ore was processed earlier in the month through the Sukari CIL circuit. The Sukari process plant continues
29-Mar-2010 03:19 PM

Broker News & Views

Cable & Wireless Communications has been downgraded to reduce from buy at Nomura. Started with equal-weight rating at Barclays Capital. Cable & Wireless Worldwide started with buy rating at Nomura, target 110p. Also initiated with buy rating at Citigroup
29-Mar-2010 03:19 PM

Edenville raises £1m; admitted to AIM

Tanzania uranium and coal explorer Edenville Energy - formerly Gemstones of Africa - has raised £1m through a placing of shares. The firm has also been admitted to AIM following the reverse takeover of Edenville International. Story provided by Busi
29-Mar-2010 03:11 PM

Pennant International swings into £0.3m profit

Integrated logistic support solutions supplier Pennant International is back in the black with full year profits of £293,000 compared with losses of £427,000 last time. Group revenues for the year the end of December totalled £9.5m - down from £9.8m in 2
29-Mar-2010 03:05 PM

Niche Group first half losses widen

Niche Group's first half losses attributable to shareholders rose to £662,000 in the six months to the end of December - up from £76,000 last time. The loss per share widened to 0.40p - up from 0.07p in the corresponding period last time. Story
29-Mar-2010 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 VODAFONE GRP. ORD USD0.11 3/7 150.35 2.49% XSTRATA ORD USD0.50 1220.50 2.31% LEGAL&GEN. ORD 2 1/2P 86.85 2.00% MAN GROUP USD0.03428571 246.90
29-Mar-2010 02:58 PM

Arig shareholders approve cash dividend

Arab Insurance Group's shareholders have approved a 6.25% cash dividend amounting to US$13.17m. Arig declared net profits of US$21.9m for the 2009 financial year, representing 8.6% average return on the company's equity. Story provided by Bu
29-Mar-2010 02:51 PM

PKN ORLEN issues bonds to ORLEN Deutschland

PKN ORLEN has issued €30m of short term bonds to its subsidiary, ORLEN Deutschland GmbH. The bonds - issued in line ith a programme singed by PKN ORLEN and a syndicate of six banks in November 2006 - have a redemption date of 8 April. The bonds ar
29-Mar-2010 02:46 PM

Pinnacle Telecom trading profitably

Pinnacle Telecom has traded profitably for the past six months, chief executive Alan Boner said today (29 March). Bonner - speaking following the completion of the annual general meeting - said the performance was helped by the high level of recurring re
29-Mar-2010 02:35 PM

Greystar Resources losses rise

Greystar Resources posts a comprehensive loss of C$24.02m for the year to the end of December - up from C$21.94m last time. Exploration expenditure was lower at C$19.19m compared with C$20.43m in 2008. The firm had cash and cash equivalents of C$81.58m