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Recent News

Friday 03 June, 2011

03-Jun-2011 01:09 PM

Halyk Savings Bank net income down 6.4%

Halyk Savings Bank of Kazakhstan's first quarter net income fell to KZT10.6bn - down 6.4% from a year ago. The bank said this was primarily due to a 12.2% decrease in interest income and a 64.5% increase in insurance claims incurred, net of reinsura
03-Jun-2011 01:03 PM

Autonomy completes takeover of Iron Mountain's digital division

Autonomy Corporation has completed the acquisition of selected key assets of Iron Mountain's digital division including archiving, eDiscovery and online back-up. Autonomy's Q2 results are expected to be announced in late July when the company w
03-Jun-2011 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 CABLE & WIRELESS WORLDWIDE PLC ORD 54.15 5.04% AUTONOMY CORPORATION PLC ORD SHS 1/ 1809.00 3.08% SEGRO PLC ORD 10P 326.10 1.68% JOHNSON MATTHEY PLC ORD #1 2046.00
03-Jun-2011 12:50 PM

Resignation at Helesi

Helesi, the Greece, Italy and Cyprus based waste management products manufacturer and services supplier, has announced the resignation of Apostolos Binomakis as a non-executive director. He intends to pursue his full-time business interests. At 12:50pm
03-Jun-2011 12:38 PM

Advertising remains tough for Independent News and Media

Shareholders at the AGM of Independent News and Media were told that advertising continue to remain challenging and short term. But Gavin O'Reilly, the chief executive, said: "We continue to target a year-on-year improvement in group operating
03-Jun-2011 12:34 PM

Brokers' round-up, buy Diageo and Tullow Oil

Jeffries International reiterates buy on Diageo, new target price 1507p. Evolution Securities reiterates buy on Tullow Oil, target price remains at 1560p. Finncap reiterates sell on ASOS, new target price 1630p. Brewin Dolphin upgrades Croda from hold
03-Jun-2011 12:30 PM

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

Overall Market BREEDON AGGREGATES LD ORD NPV 18.62 6.40% FORESIGHT 5 VCT PLC ORD 1P 11.50 4.55% XTRACT ENERGY PLC ORD 0.1P 2.72 3.82% CELLCAST PLC ORD 1P 3.50
03-Jun-2011 12:05 PM

Scottish university wants to build a wind farm

A Scottish university wants to build a wind farm in a bid to protect itself against the rising costs of energy. St Andrews, which is Scotland's oldest university, is applying to build the wind farm at a site at Kenly Farm, near Boarhills. For the p
03-Jun-2011 12:00 PM

NAV at RIT hits a new high

The net asset value per share at RIT Cap. Partners hit a new high of 1289.4p at the end of the financial year ended on March 31 2011. The company said that in order to be in a position to seek investments of lasting value it took out a $400m. credit faci
03-Jun-2011 12:00 PM

Market Movers - Top risers and fallers at 12:00

FTSE 100 CABLE & WIRELESS WORLDWIDE PLC ORD 53.83 4.42% AUTONOMY CORPORATION PLC ORD SHS 1/ 1805.00 2.85% SEGRO PLC ORD 10P 326.00 1.65% VODAFONE GROUP PLC ORD USD0.11 3/7 163.15
03-Jun-2011 12:00 PM

PLUSquoted Market Movers - Top risers and fallers at 12:00

PLUS Market Oriental City Group Plc 20.50 8813.04% Mastermailer Holdings PLC 80.00 5697.10% Adriatic Oil plc 6.00 313.79% Saregama plc 0.50
03-Jun-2011 11:54 AM

City of London appoints new director

City of London, a leading emerging markets asset management group, has announced the appointment of Rian Dartnell as a non-executive director with immediate effect. A U.S. citizen and resident, he is Chief Investment Officer for Granite Associates and is
03-Jun-2011 11:49 AM

CEO to leave Theo Fennell

Barbara Snoad, CEO of Theo Fennell, is to leave the company today. She rejoined the company two years ago when it was underperforming and has worked closely with Theo Fennell and the Board to refocus the business. Mr Theo Fennell will take on the role
03-Jun-2011 11:43 AM

Media Square calls general meeting

Media Square, the AIM quoted company, has convened a General Meeting of shareholders for27 June 2011 when it will be proposed that the Group should adopt new Articles of Association. The proposed amendments are primarily to reflect the provisions of th
03-Jun-2011 11:30 AM

Market Movers - Top risers and fallers between 10:00 and 11:00

Overall Market SURETRACK MONITORING PLC ORD 0.05P 0.45 28.57% MISSION CAPITAL PLC ORD 1P 2.62 4.80% KARELIAN DIAMOND RESOURCES PLC ORD 3.00 4.17% ANGEL MINING PLC ORD 1P 3.00
03-Jun-2011 11:17 AM

Asthma trials continue at Verona Pharma

Verona Pharma has said that it has successfully completed further trials in the Netherlands on the effectiveness of new asthma drugs. It is also undertaking clinical development of a new cough treatment. Michael Walker, Verona's CEO, told the AGM:
03-Jun-2011 11:06 AM

New bail-out package for Greece close to being finalised

A fresh bail-out package for Greece appears to be close to being finalised. Meetings in Vienna are taking place to agree a new three-year plan which will supersede Greece's existing 110bn, euro (£97bn) EU and International Monetary Fund bail-out. U
03-Jun-2011 11:00 AM

Market Movers - Top risers and fallers at 11:00

FTSE 100 CABLE & WIRELESS WORLDWIDE PLC ORD 53.40 3.59% AUTONOMY CORPORATION PLC ORD SHS 1/ 1791.00 2.05% SEGRO PLC ORD 10P 325.95 1.64% VODAFONE GROUP PLC ORD USD0.11 3/7 163.38
03-Jun-2011 10:36 AM

Tissue Regenix aims for global leadership

Tissue Regenix Group told shareholders at its AGM that impressive progress has been made in making the company a global leader in regenerative medicine. John Samuel, Executive Chairman, said: "Although it will take time to exploit the potential of
03-Jun-2011 10:30 AM

Market Movers - Top risers and fallers between 09:00 and 10:00

Overall Market NOSTRA TERRA OIL AND GAS COMPANY PL 1.10 12.24% TOWER RESOURCES PLC ORD 0.1P 6.37 7.60% SOLOMON GOLD PLC ORD 1P 18.50 6.44% SEFTON RESOURCES INC. COM SHS NPV 4.17
03-Jun-2011 10:29 AM

Pegasus plans to withdraw from PLUS

Pegasus Helicopter Group has said it intends under Rule 81 of the PLUS Rules for Issuers, to withdraw its securities from the PLUS-Quoted market. In coming to this decision, the Board has received and reviewed a binding commitment letter from a serious a
03-Jun-2011 10:00 AM

Dragon completes test on Dzheitune (LAM) well

Dragon Oil has announced the completion and initial testing of the Dzheitune (Lam) B/155 development well in the Caspian Sea. This was the sixth well drilled from the Dzheitune (Lam) B platform. The well was designed as a delineation-development well t
03-Jun-2011 10:00 AM

Market Movers - Top risers and fallers at 10:00

FTSE 100 CABLE & WIRELESS WORLDWIDE PLC ORD 52.58 2.00% VODAFONE GROUP PLC ORD USD0.11 3/7 163.60 1.71% AUTONOMY CORPORATION PLC ORD SHS 1/ 1784.00 1.65% SEGRO PLC ORD 10P 324.85
03-Jun-2011 09:55 AM

Betfred wins race for the Tote

Betfred, the UK's fourth largest bookmaker, has won the race to buy the Tote after an auction process that began last November. It will pay £265m. for the business. The sale is subject to consultation with the Tote's employees and is expected t
03-Jun-2011 09:53 AM

Empyrean achieves strong revenue growth

Empyrean Energy reports strong month-on-month revenue growth from December to May. Revenue from its US-based production assets - including the Sugarloaf, Hercules and Riverbend projects - over the last six months totalled $1,074,160.19. Revenue in Decem