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Tuesday 16 April, 2013

16-Apr-2013 04:30 PM

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

Overall Market Milestone Group PLC 0.35 52.17% RusPetro 35.13 10.19% Optare PLC 0.37 5.71% Zamano PLC 8.38
16-Apr-2013 04:25 PM

Randgold says Kibali is poised to deliver

The giant Kibali gold project in the Democratic Republic of Congo (DRC) is steadily nearing the stage where it will start to deliver value to its stakeholders and to support the economic growth of the country. This is the view of the developer and co-own
16-Apr-2013 04:16 PM

Audit Committee chairman at ASOS to step down

ASOS has announced that Peter Williams will be stepping down from the Board of the company at its Annual General Meeting in December. He will have served nearly eight years years with the company and a process has been started to identify a successor to
16-Apr-2013 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Lonmin PLC 279.00 8.73% Fresnillo PLC 1154.00 6.85% Eurasian Natural Resources Corporat 246.65 3.59% Randgold Resources Ltd 4673.50
16-Apr-2013 03:46 PM

Losses jump at Bodisen Biotech

Bodisen Biotech, the Chinese based fertliser company, made net losses of $16.37m in the year ended December 31 2012. In the previous year losses were $2.31m. Revenues were $8.056m, an increase of $371,180 or 4.8%, compared to the previous year. The i
16-Apr-2013 03:30 PM

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

Overall Market Blue Star Capital PLC 0.33 17.86% Silvermere Energy 2.63 16.89% Ortac Resources Ltd 0.28 7.69% Psource Structured Debt Limited 0.85
16-Apr-2013 03:11 PM

Director resigns from Panmure Gordon

Panmure Gordon has announced that Shahzad Shahbaz is resigning from its Board with immediate effect. The company says that QInvest will be appointing a replacement representative director in due course. At 3:11pm: (LON:PMR) share price was -1p at 17.
16-Apr-2013 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 Lonmin PLC 287.40 12.00% Fresnillo PLC 1157.00 7.13% Eurasian Natural Resources Corporat 252.20 5.92% Xstrata PLC 1007.25
16-Apr-2013 02:57 PM

IMF cuts growth forecast for UK

The International Monetary Fund (IMF) has cut its growth forecast for the UK. It now believes that the UK economy will expand by 0.7% this year. Last month it predicted a growth rate of 1%. The IMF has also taken a gloomier view about the world economy
16-Apr-2013 02:45 PM

Monthly rise of 0.4% in US industrial production

Industrial production in the US rose by 0.4% in March compared to the previous month. The Federal Reserve said that one of the principal factors for the increase was utility output which rose 5.3%. There was also a further growth in car production. St
16-Apr-2013 02:37 PM

talkSPORT conclude deal in China

UTV Media has announced that talkSPORT, the sports radio station with 3m listeners a week, and Adrep China Advertising Services (ADREP), an advertising sales, marketing and business support services company with offices in Beijing and Shanghai, have enter
16-Apr-2013 02:30 PM

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

Overall Market VSA Capital Group PLC 1.38 10.40% Nighthawk Energy PLC 4.00 5.26% Image Scan Holdings PLC 2.50 5.04% Invu PLC 0.23
16-Apr-2013 02:16 PM

US inflation drops to 0.7%

Consumer price inflation in the US showed a surprise fall last month. The Bureau of Labor Statistics reported that inflation was at 0.7%, which was 0.2% lower than the previous month. Story provided by StockMarketWire.com...
16-Apr-2013 02:08 PM

Housebuilding in US shows 7% monthly gain

Housebuilding in the US is increasing at its fastest pace for five years. Latest figures from the Commerce Department show that the number of new homes being built in March was 7% higher than in the previous month. The principal reason for the rise is t
16-Apr-2013 02:03 PM

Board change at Maven Income and Growth VCT

Maven Income and Growth VCT 5 has announced the resignation of Mr Jamie Matheson from the Board. The Board says that it is considering a number of candidates as a potential replacement together with the appointment of new directors and the future constit
16-Apr-2013 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Lonmin PLC 289.85 12.96% Fresnillo PLC 1151.50 6.62% Eurasian Natural Resources Corporat 253.20 6.34% Randgold Resources Ltd 4748.50
16-Apr-2013 01:30 PM

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

Overall Market VSA Capital Group PLC 1.25 25.00% Silvermere Energy 2.25 5.63% Vane Minerals PLC 0.65 3.17% Lonmin PLC 288.45
16-Apr-2013 01:22 PM

Inflation in the eurozone falls

A downward trend in energy prices has contributed to a fall in inflation in the eurozone. Eurostat, the EU statistics agency, has reported that inflation in the 17 nations that make up the eurozone in March fell to 1.7%, its lowest level since August 201
16-Apr-2013 01:18 PM

Mining giants set to merge next month

The $35bn merger of the mining giants, Glencore and Xstrata, now looks likely to take place early next month. This follows the decision of the Chinese Ministry of Commerce to back the deal provided that the combined group sold within three months its ass
16-Apr-2013 01:06 PM

UK retail prices edge upwards

Although consumer inflation remained unchanged in March retail prices edged upwards. The Office for National Statistics has reported that the retail prices index, which includes the cost of housing, was 3.3% in March, 0.1% higher than in the previous mon
16-Apr-2013 01:01 PM

UK inflation is unchanged in March

The inflation level in the UK remained unchanged in March. The Office for National Statistics has announced that consumer price inflation was 2.8% for the month. Story provided by StockMarketWire.com...
16-Apr-2013 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 Lonmin PLC 281.05 9.53% Eurasian Natural Resources Corporat 251.40 5.59% Fresnillo PLC 1138.00 5.37% Randgold Resources Ltd 4778.00
16-Apr-2013 12:57 PM

Losses reduced at Wellington Market Company

Wellington Market Company managed to substantially reduce its losses for the year ended December 31 2013. It has reported a loss of £51,000 compared to a loss of £369,000 in the previous year. Overall turnover increased slightly to just over £6.9m.
16-Apr-2013 12:48 PM

Brokers' round-up, two reduce target price on Ladbrokes

Morgan Stanley reiterates underweight on Ladbrokes, target 165p from 175p. Nomura retains neutral on Ladbrokes, target 199p from 203p. HSBC retains neutral on Diageo, target 2200p from 1800p. Berenberg retains buy on Elementis, target 290p from 275p.
16-Apr-2013 12:30 PM

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

Overall Market Imaginatik PLC 0.21 40.00% European Islamic Investment Bank PL 2.30 7.98% United Carpets Group PLC 1.88 7.43% Enables IT Group 28.50

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