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Wednesday 10 November, 2010

10-Nov-2010 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 SCOT.&STH.ENRGY ORD 50P 1160.00 3.76% BAE SYS. ORD 2.5P 359.40 3.13% TULLOW OIL ORD 10P 1248.00 1.38% NATIONAL GRID ORD 11 17/43P 583.00
10-Nov-2010 05:00 PM

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

PLUS Market Story provided by
10-Nov-2010 04:30 PM

GM posts net profit of $2bn

US car giant General Motors posts a net profit of $2bn for the three months to the end of September - its third consecutive quarter of profitability. Revenues at the firm totalled $34.1bn. GM North America had EBIT in the third quarter 2010 of $2.1bn, u
10-Nov-2010 04:30 PM

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

Overall Market MOBILEWAVE ORD 5P 2.25 28.57% MERCHANT HSE ORD 0.01P 0.11 22.22% TRANSENSE TECH. ORD 1P 4.25 13.33% CONTENTFILM ORD 1P 1.52
10-Nov-2010 04:10 PM

Singapore Airlines to change engines on three Airbuses

Singapore Airlines will change the Rolls-Royce engines on three of its 11 Airbus A380 planes. The engines will be changed for new versions of the same model. Last week a Qantas A380 was forced to make an emergency landing in Singapore after an engine
10-Nov-2010 04:03 PM

China trade surplus up at $27.1bn

China's trade surplus rose to $27.1bn in October - 6% up on September's surplus. China's exports rose by 22.9% while imports grew by 25.3%. President Hu Jintao said China, as a major economy and the world's largest developing countr
10-Nov-2010 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 SCOT.&STH.ENRGY ORD 50P 1159.00 3.67% BAE SYS. ORD 2.5P 358.00 2.73% THOMAS COOK ORD EUR0.10 186.80 1.25% TULLOW OIL ORD 10P 1246.00
10-Nov-2010 03:51 PM

Telef�nica O2 Czech Republic net income rises

Telefonica O2 Czech Republic's net income rose to CZK10,366m in the nine months to the end of September - up from CZK8,896m a year ago. Consolidated business revenues went down 7.0% year-on-year to CZK41,597m with a 7.8% year-on-year decline to CZK1
10-Nov-2010 03:43 PM

Parkwood Q3 trading in line with forecasts

Third-quarter trading at specialist support service group Parkwood was in line with expectations. Parkwood Leisure continued to grow its revenue and profit and the core Glendale business produced a more stable performance. It said the focus remained o
10-Nov-2010 03:39 PM

Mithras Investment Trust lags index

Mithras Investment Trust's net asset value per share rose by 3.0% in the three months to the end of September. This compares with a 12.8% rise in the FTSE All-Share Index. The mid market share price rose by 11.7% in the period reducing the discount
10-Nov-2010 03:36 PM

THB expects FY results to be ahead of market forecasts

THB Group now expects full year underlying profit before amortisation and impairment of goodwill to be above market expectations. It says this follows strong trading in October. Group CEO Frank Murphy said: "This performance is particularly satisfy
10-Nov-2010 03:33 PM

US crude oil inventories fall by 3.3m barrels

US crude oil inventories fell by 3.3 million barrels in the week ending 5 November, the US Energy Information Administration said today (10 November). Crude oil inventories at 364.9 million barrels are above the upper limit of the average range for this
10-Nov-2010 03:30 PM

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

Overall Market CASPIAN HLDGS. ORD 0.1P 0.45 16.88% TRIPLE PL.JU. ORD 1P 3.92 14.60% BELGRAVIUM TECH ORD 5P 3.00 14.29% NORKOM GROUP ORD EUR0.01 84.50
10-Nov-2010 03:29 PM

Johnston Press advertising revenues down 5.4%

Publisher Johnston Press expects full year results to be 'satisfactory'. But it says that while the decline in advertising revenue has slowed - down 5.4% in the second half to date from 6.3% in the first six months - it is slightly worse than p
10-Nov-2010 03:24 PM

Co-op Bank offers to buy Leek 16 mortgage loans

Co-operative Bank has offered to purchase the mortgage loans currently held by Leek Finance Number Sixteen plc. This will enable Leek 16 to call the notes on their step-up and call date in December. Co-op Bank said the Leek 16 board had accepted the of
10-Nov-2010 03:23 PM

Directex Realisations shares up 150% in 4 days

Directex Realisations shares were up again today. By mid- afternoon the mid-market share price had risen 1.25p to 5.50p, representing a gain of 29.4%. The company has been the subject of considerable corporate activity over the past few days with the
10-Nov-2010 03:11 PM

Turkiye Petrol to fight tax demand

Turkiye Petrol Rafinerileri has received an official demand for money owed under the 'special consumption tax' plus a fine. Last month the company announced that it faced a tax bill of TL605m and had been invited to a conciliation meeting on 5
10-Nov-2010 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 BAE SYS. ORD 2.5P 360.60 3.47% SCOT.&STH.ENRGY ORD 50P 1152.00 3.04% THOMAS COOK ORD EUR0.10 188.60 2.22% ICAP ORD 10P 498.60
10-Nov-2010 02:52 PM

Daisy offer for SpiriTel declared unconditional

Daisy Group's recommended 51.5p per share cash offer for SpiriTel has been declared unconditional. Daisy said that asat 2.00 p.m today (10 Novemeber) it had received valid acceptances in respect of 14,625,386 SpiriTel shares - approximately 82.7% o
10-Nov-2010 02:51 PM

Broker News & Views

Schroders has been cut to underperform from neutral at Credit Suisse with 1,650p price target, and downgraded to neutral from add at Evolution. Schroders also upgraded to hold from sell at Citigroup, target price 1,330p. Aveva cut to hold from buy at A
10-Nov-2010 02:45 PM

Herencia upgrades NPV for Paguanta project

Herencia Resources has revealed a significant increase to the net present value of its 70%-owned Paguanta project in northern Chile. Herencia has upgraded the economic model using 'spot' commodity prices for zinc, lead and copper at 5 November.
10-Nov-2010 02:37 PM

Tupras pre-tax profits up at $558.8m

Turkiye Petrol Rafinerileri posts pre-tax profits of $558.8m for the nine months to the end of September - 15% up on last year. Operating profits rose 18% to $554.0m while sales increased 32% to $12,346.9m. Tupras said its overall strategy had not chang
10-Nov-2010 02:30 PM

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

Overall Market TRIPLE PL.JU. ORD 1P 3.95 38.60% HERENCIA ORD 0.1P 1.82 15.87% BELGRAVIUM TECH ORD 5P 2.88 15.00% CASPIAN HLDGS. ORD 0.1P 0.42
10-Nov-2010 02:28 PM

IERET sells French warehouse for €493,000

Invista European Real Estate Trust has exchanged contracts to sell a 6,910 sq ft warehouse property in Entraigues sur la Sorgue, France, for €493,000. The total sale price reflects a 14.7% premium to the company's 30 June independent property
10-Nov-2010 02:23 PM

All Leisure FY to be in line with analysts' forecasts

Niche cruise operator All Leisure expects full year profits before tax and derivative-related items to be in line with analysts' expectations at around £3.4m. Booking levels for both winter 2010-11 and summer 2011 are showing year-on-year improvemen