Information  X 
Enter a valid email address

Recent News

Tuesday 27 April, 2010

27-Apr-2010 02:28 PM

PACL net asset value up 30%

Pacific Alliance China Land's total net asset value stood at $209.5m - $1.38 per share - at the end of December, an increase of 30% during the year. The company's share price increased 30.9% over the period, closing at $0.8575. Managing direct
27-Apr-2010 02:20 PM

Smurfit Kappa sets date for Q1 results

Packaging firm Smurfit Kappa Group will release its first quarter results on 7 May. Story provided by Business Financial Newswire...
27-Apr-2010 02:18 PM

Johnson Redbook up

US same-store sales rose by 2.2% in the week ending 24 April, the latest Johnson Redbook figures show. Story provided by Business Financial Newswire...
27-Apr-2010 02:12 PM

Ceres EGM to vote on voluntarily wound up

Ceres Agriculture Fund is to hold an extraordinary general meeting to decide whether the company should be voluntarily wound up. If that resolution is not passed, the meeting will be asked to recommend that directors make a tender offer for 50% of the sh
27-Apr-2010 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 IMP.TOBACCO GRP ORD 10P 1983.00 1.85% RDS 'B' 'B' ORD EUR0.07 1934.50 1.12% PRUDENTIAL ORD 5P 551.50 1.01% RDS 'A' 'A' OR
27-Apr-2010 01:55 PM

African Barrick Gold EBITDA up 143%

African Barrick Gold's first quarter EBITDA rose 143% to $99.7m with net earnings increasing 356% to $53m. Production of 177,095 ounces was 40% higher than the prior year period and cash costs were $516 per ounce sold which was 4% lower. The incre
27-Apr-2010 01:47 PM

Fortune Brands Q1 substantially up on 2009

Fortune Brands made an excellent start to 2010 with sales up 13% and each brand group outperforming the company's expectations. Fortune Brands - the company behind leading consumer brands including Jim Beam, Titleist and Moen said first quarter resu
27-Apr-2010 01:41 PM

Shires Smaller Cos outperforms benchmark

Shires Smaller Companies net asset value rose 10.6% in the three months to the end of March on a cumulative performance basis compared with a 1.8% increase in the FTSE SmallCap Index (ex-investment companies). Story provided by Business Financial Newswi
27-Apr-2010 01:33 PM

Central China Goldfields identifies 13 veins at Cikoleang

Thirteen gold vein prospects have now been identified on the Cikoleang project in Banten Province, Indonesia, Central China Goldfields said today (27 April). The firm said the most promising targets were the Cimapag, CLK and Cimubui vein zones in the wes
27-Apr-2010 01:30 PM

Market Movers - Top risers and fallers between 12:00 and 13:00

Overall Market REGEN THERAPEUT ORD 0.01P 2.38 11.76% TRICOR ORD 0.01P 0.34 6.35% CASSIDY BROS. ORD 10P 67.50 4.65% RTC GRP. ORD 1P 12.00
27-Apr-2010 01:24 PM

Care UK shares delisted

Care UK's shares have ceased trading on the London Stock Exchange following the firm's takeover by Warwick Bidco. Story provided by Business Financial Newswire...
27-Apr-2010 01:19 PM

Polo and Caledon agree merger

Polo Resources and Caledon Resources have agreed, in principle, to merge the two companies. If the proposed merger goes ahead, Polo will make an all-share offer for Caledon, paying 11.4 shares for every Caledon share. The merger would create a coal-focu
27-Apr-2010 01:12 PM

Ford Motor back in the black in Q1

Ford Motor Co posts first quarter net income of $2.1bn - a $3.5bn improvement on the corresponding period last year. The firm posts a pre-tax operating profit of $2bn - a $4bn improvement from 2009 with Ford Automotive operations recording a first quarte
27-Apr-2010 01:00 PM

Standard Life appoints CFO

Standard Life has apointed Jackie Hunt as Chief Financial Officer and an executive director of the Company with effect 14 May 2010. Jackie joined Standard Life in January 2009 as Deputy Group Finance Director. Story provided by Business Financial N
27-Apr-2010 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 IMP.TOBACCO GRP ORD 10P 1983.00 1.85% PRUDENTIAL ORD 5P 553.00 1.28% RDS 'B' 'B' ORD EUR0.07 1927.50 0.76% 3I GRP. ORD 73 19/22P
27-Apr-2010 12:55 PM

WorldSec seeking business opportunity

Worldsec has reported a net loss of £0.3m for the year to 31 December 2009. Group shareholders' funds stood at US$1.41m as compared to US$1.71m at the end of December 2008. The Board says it has continued to explore opportunities in financial ser
27-Apr-2010 12:49 PM

US retail sales move higher

US chain store sales rose by 0.2% compared to the previous week in the week ended April 24 2010. Compared to the same week a year ago, sales were 5.5% higher Story provided by Business Financial Newswire...
27-Apr-2010 12:45 PM

Retail sales expected higher for May

Retail sales have grown for their third consecutive month in April and the High Street expects a further increase next month. In the latest CBI Distributive Trades Survey, 43% of retailers said that sales volumes in early April were higher than they w
27-Apr-2010 12:35 PM

Promethean revenues up 49% in Q1

Promethean World reports a strong first quarter with revenues up 49% at £53.9m. On a constant currency basis total revenues for the period increased by 57%. Interactive display systems revenues were £45.8m , up 47% on the comparable period last year.
27-Apr-2010 12:30 PM

Market Movers - Top risers and fallers between 11:00 and 12:00

Overall Market REGEN THERAPEUT ORD 0.01P 2.50 53.85% NXT ORD 1P 13.25 3.92% ASIAN GRWTH ORD USD0.05 (DI) 30.50 3.39% IOFINA ORD 1P 54.50
27-Apr-2010 12:26 PM

Wincanton secures two defence contracts

Outsourcing group, Wincanton has won two defence contracts. BAE Systems has awarded the Group a five-year contract to provide the supply chain support for its Global Combat Systems Vehicles. At the same time , a five-year contract has also been awarded
27-Apr-2010 12:20 PM

Integra Group FD resigns

Russian oilfield services equipment manufacturer, Integra Group says that its Chief Financial Officer,Dmitry Avdeev has resigned and will leave the Group on 7 June 2010. Mr Avdeev has accepted an offer to become a Co-head of the Investment Banking Divisi
27-Apr-2010 12:15 PM

Reckitt Benckiser reports strong first quarter

Household cleaning and health group, Reckitt Benckiser said today that net profits in Q1 2010 were 15% higher at £348m as margins improved. Turnover increased by 5% to £2003m and the gross profit margin improved by 90 basis points to 59.5% largely as a
27-Apr-2010 12:02 PM

Carillion secures £570m contract

Carillion has been appointed the design and build contractor for a university campus on Saadiyat Island. The contract is worth approximately £570m and construction is due to start in Q3 2010 and be completed by Q1 2014. Story provided by Business F
27-Apr-2010 12:00 PM

Market Movers - Top risers and fallers at 12:00

FTSE 100 IMP.TOBACCO GRP ORD 10P 1984.00 1.90% PRUDENTIAL ORD 5P 554.00 1.47% UNILEVER ORD 3 1/9P 1987.00 0.56% REXAM ORD 64 2/7P 326.90