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Recent News

Monday 04 April, 2011

04-Apr-2011 05:00 PM

Market Movers - Top risers and fallers at 17:00

FTSE 100 AGGREKO PLC ORD 20P 1678.00 5.27% HOME RETAIL GROUP PLC ORD 10P 204.60 4.71% CABLE & WIRELESS WORLDWIDE PLC ORD 53.05 3.61% FRESNILLO PLC ORD USD0.50 1611.00
04-Apr-2011 05:00 PM

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

PLUS Market Oriental City Group Plc 20.50 8813.04% Mastermailer Holdings PLC 80.00 5697.10% Aspartus plc 5.50 3566.67% Ezybonds (UK) plc - 10p Warrants 1.50
04-Apr-2011 04:30 PM

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

Overall Market NEXTGEN GROUP PLC ORD 0.1P 0.34 6.25% TINCI HOLDINGS LIMITED ORD 1P (DI) 12.75 4.08% W.H. IRELAND GROUP PLC ORD 5P 52.00 2.97% SOCIALGO PLC ORD 1P 2.33
04-Apr-2011 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 AGGREKO PLC ORD 20P 1668.50 4.67% CABLE & WIRELESS WORLDWIDE PLC ORD 53.42 4.34% FRESNILLO PLC ORD USD0.50 1611.00 2.94% KINGFISHER PLC ORD 15 5/7P 258.80
04-Apr-2011 03:58 PM

Eli Lilly's Axiron available in US pharmacies

Eli Lilly and Co's Axiron - a topical solution for men who have low or no testosterone - is now available in pharmacies throughout the US. Axiron is a prescription medicine for adult men - safety and efficacy in males younger than 18 years of age
04-Apr-2011 03:52 PM

Interserve JV wins £130m work programme contract

Rehab JobFit - a 50:50 joint venture between Interserve and Rehab Group - has been awarded preferred provider status to deliver the Department for Work and Pensions' new work programme in Wales and the south-west of England. The combined contract
04-Apr-2011 03:46 PM

Vintage Hills well in continuous production, says Nostra Terra

Nostra Terra Oil and Gas Co says the Agnello No.1 horizontal well within the Vintage Hills prospect unit in Brazos County, Texas, has been brought into continuous production. This follows the successful initial testing of the oil and gas well, announced
04-Apr-2011 03:35 PM

Stadium completes sale of North London property

Stadium Group has completed the sale of surplus freehold property at Chingford, North London, to Wrenbridge (Chingford) Limited for £2.60m, before disposal costs. The property was vacated following the sale of the non-core plastics business in June 201
04-Apr-2011 03:30 PM

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

Overall Market UNIVERSE GROUP PLC ORD 5P 1.87 6.86% INTERNATIONAL MINING & INFRASTRUCTU 0.37 5.71% FRONTIER MINING LTD ORD USD0.01(DI) 5.12 4.92% CHINA WONDER LIMITED ORD 2.5P 17.50
04-Apr-2011 03:25 PM

China Wonder to sell Jinzhou Wonder Packaging

China Wonder has agreed to sell Jinzhou Wonder Packaging Machine Co for RMB33m. Wonder Packaging is a Chinese manufacturer and distributor of special packaging machinery to the Chinese and overseas pharmaceutical markets and is the only trading asset c
04-Apr-2011 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 AGGREKO PLC ORD 20P 1690.50 6.05% CABLE & WIRELESS WORLDWIDE PLC ORD 53.82 5.12% FRESNILLO PLC ORD USD0.50 1611.00 2.94% KINGFISHER PLC ORD 15 5/7P 259.55
04-Apr-2011 02:50 PM

Interserve wins defence contract extension

International support services and construction group Interserve has signed a £108m, two-year extension to its South East regional prime contract with the Defence Infrastructure Organisation (DIO), formerly Defence Estates. The contract will now run to
04-Apr-2011 02:47 PM

LukOil Overseas declares Ivory Coast force majeure

LukOil Overseas has announced an official force majeure on the CI-205 offshore geological prospecting project in Ivory Coast. This was under the terms of the production sharing agreement with the Ivory Coast government, Oranto Petroleum and PETROCI Holdi
04-Apr-2011 02:41 PM

Henderson completes Gartmore acquisition

Henderson Group has completed its take over of Gartmore. Henderson CEO Andrew Formica said: "I am pleased with the strong support we received from shareholders on our acquisition of Gartmore. "Our attention now moves to bringing across fund m
04-Apr-2011 02:35 PM

Beacon Hill to buy Mozambique coal licence

Beacon Hill Resources has provisionally agreed to buy a licence in the Moatize coal basin in Mozambique for $42m. Beacon Hill has signed a memorandum of understanding to acquire a 100% interest in 1165L, which is close to its existing Minas Moatize coki
04-Apr-2011 02:30 PM

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

Overall Market W.H. IRELAND GROUP PLC ORD 5P 50.50 8.60% ORTAC RESOURCES LIMITED ORDS NPV (D 1.48 4.23% SARANTEL GROUP PLC 'A' ORD 1P 1.30 4.00% STRATEGIC NATURAL RESOURCES PLC ORD
04-Apr-2011 02:23 PM

Fortune Oil agrees $180m loan facility

Fortune Oil has arranged a $180m loan which will be used to acquire acquisitions natural gas and coal bed methane assets in China. The new agreement was signed by the group's principal intermediate holding company in Hong Kong, Fortune Oil PRC Holdi
04-Apr-2011 02:15 PM

Premier to drill East Fyne well under Antrim farm-in deal

Premier Oil UK has elected to drill the East Fyne well under the joint venture and earn-in agreement with Antrim Energy. The East Fyne well is an appraisal well designed to de-risk the eastern extent of the Fyne field in the UK central North Sea, and is
04-Apr-2011 02:09 PM

Santos reveals gas find in Carnarvon Basin

Santos has revealed a gas find in the Carnarvon Basin offshore Western Australia. Santo said the Zola-1 exploration well in WA-290-P intersected more than 100 metres of net gas pay sands over a 400 metre gross interval in the primary target, the Mungar
04-Apr-2011 02:02 PM

Broker News & Views

Lookers cut to hold from buy at Panmure Gordon, target 60p down from 80p. Mothercare downgraded to neutral from buy at UBS, target price cut to 410p from 550p. Mouchel upgraded to hold from sell at Panmure Gordon, target price stays 100p. National Grid
04-Apr-2011 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 AGGREKO PLC ORD 20P 1687.50 5.87% CABLE & WIRELESS WORLDWIDE PLC ORD 53.65 4.79% FRESNILLO PLC ORD USD0.50 1620.50 3.55% EURASIAN NATURAL RESOURCES CORPORAT 977.50
04-Apr-2011 01:56 PM

Forte Energy starts next phase of drilling in Mauritania

Forte Energy has revealed additional assays from its A238 uranium prospect in Mauritania and has now started the next phase of drilling. Forte Energy also said it remains on track to calculate a preliminary maiden inferred JORC compliant resource estima
04-Apr-2011 01:50 PM

Desire pre-tax losses narrow

North Falkland Basin-focussed Desire Petroleum posts a pre-tax loss of $3.5m for the year to the end of December - down from $3.8m last time. Operating losses narrowed to $3.7m from $3.9m a year ago. The group raised $70.9m, net of costs, to fund its e
04-Apr-2011 01:36 PM

Ryanair passenger figures up 8%

Ryanair passenger figures rose 8% in March. The airline had 5.7 million passengers booked during the month compared with 5.3 million a year ago. The load factor was unchanged at 79%. Over the year, Ryanair had 73.5 million passengers booked at a load f
04-Apr-2011 01:31 PM

Asia Ceramics appoints FD

Asia Ceramics Holdings has appointed Shou Yuan Wu as FD with immediate effect to take over from David Tsui, who is moving as a result of other business interests. Wu, is formerly a partner of BDO China Li Xin Da Hua and BDO Beijing Jingdu. From 2004