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Recent News

Tuesday 22 October, 2013

22-Oct-2013 04:30 PM

Quorum reduces claims against IOGT

QOGT Inc (Quorum) has reduced its claim for damages against International Oil and Gas Technology. Quorum is amending its proceedings for wrongful termination of the original investment management agreement by withdrawing the largest element of damages cl
22-Oct-2013 04:30 PM

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

Overall Market Mountfield Group PLC 2.50 6.38% Kibo Mining 5.50 4.76% Vatukoula Gold Mines PLC 8.68 4.58% QUIXANT PLC ORD 0.1P 120.50
22-Oct-2013 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Reckitt Benckiser Group PLC 4756.50 5.70% BHP Billiton PLC 1961.25 4.68% Randgold Resources Ltd 4666.50 4.00% Royal Bank of Scotland Group (The) 364.75
22-Oct-2013 03:54 PM

Telekomunikacja Polska issues bonds of subsidiaries

Telekomunikacja Polska has issued PLN275.4m of short term bonds to subsidiaries in the past two days. Yesterday it issued bonds of PLN115m with a redemption date of 28 October to PTK Centertel; bonds of PLN17.5m with a redemption date of 4 November to
22-Oct-2013 03:46 PM

JPMorgan Smaller Cos lags benchmark

JPMorgan Smaller Companies Investment Trust's net assets rose by 46.3% in the year to the end of July on a total return basis. This compares with a 48.5% rise in its benchmark, the FTSE Small Cap Index, excluding investment trusts. At 3:46pm: (LO
22-Oct-2013 03:40 PM

Mid Wynd International beats index

Mid Wynd International Investment Trust's net asset value rose by 7.0% on a total return basis in the three months to the end of September. This compares with 1.3% rise in its comparative index, the FTSE World Index, in sterling terms. At 3:40pm:
22-Oct-2013 03:33 PM

Pathfinder welcomes Maputo court order

Pathfinder Minerals has welcomed a positive judgment from the Maputo courts over a dispute involving its subsidiary IM Minerals. In April 2012, General Veloso, his company JV Consultores Internacionais and Diogo Cavaco obtained an interdict against IM Mi
22-Oct-2013 03:30 PM

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

Overall Market Pathfinder Minerals PLC 0.63 34.04% Redhall Group PLC 53.00 9.28% IN-DEED ONLINE PLC ORD 0.375P 8.50 6.25% Edenville Energy PLC 0.18
22-Oct-2013 03:14 PM

Sacoven resolutions passed at AGM

Sacoven has confirmed that all resolutions proposed at the annual general meeting on 15 October were duly passed. At 3:14pm: (LON:SCN) share price was 0p at 212.5p Story provided by
22-Oct-2013 03:08 PM

Helius plant gets HM Treasury support

Helius Energy's 100MWe capacity biomass energy facility in Avonmouth dock near Bristol has been named by HM Treasury as 'prequalified' and eligible for support under the UK Guarantees Scheme. The scheme provides a government-backed loan g
22-Oct-2013 03:05 PM

Richmond Manufacturing Index edges up

Manufacturing in the Fifth District remained weak in October, according to the most recent survey by the Federal Reserve Bank of Richmond. Shipments, capacity utilisation, and the backlog of orders declined. The volume of new orders flattened, while ven
22-Oct-2013 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 Reckitt Benckiser Group PLC 4778.50 6.19% BHP Billiton PLC 1946.75 3.91% Man Group PLC 89.90 2.57% Aggreko PLC 1508.00
22-Oct-2013 02:56 PM

Aberforth Geared IT resolutions passed at AGM

Aberforth Geared Income Trust has confirmed that all the resolutions proposed at the annual general meeting earlier today (22 October) were passed by shareholders on a show of hands. At 2:56pm: (LON:AGIT) share price was +0.13p at 158.13p Story prov
22-Oct-2013 02:54 PM

Co-operative Group chairman to step down

Co-operative Group chairman Len Wardle plans to step down in May and will formally announce his decision to members at the half yearly meeting on 2 November. Wardle said he told the board in August that he intended to step down at the end of his term of
22-Oct-2013 02:38 PM

Svensk Exportkredit operating profits rise

AB Svensk Exportkredit posts operating profits of SKr924.1m for the first nine months - up from SKr590.3m last time. The increase was mainly attributable to higher net results of financial transactions, which amounted to SKr106.2m (9M12: -SKr502.0m). Ne
22-Oct-2013 02:30 PM

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

Overall Market Atlantic Coal PLC 0.28 7.69% Red Rock Resources PLC 1.01 7.45% Resource Holding Management Ltd 14.00 5.66% Regency Mines PLC 0.69
22-Oct-2013 02:29 PM

PuriCore launches animal wound product

PuriCore has launched into the animal health market with a new product, NovaZo Animal Health Wound Irrigation Solution. NovaZo - which is based on PuriCore's Vashe wound therapy technology - is a wound cleanser for use on companion and large anim
22-Oct-2013 02:25 PM

Broker News & Views

JP Morgan Cazenove reiterates neutral on Aggreko, target cut from 1,800p to 1,620p. Investec upgrades Reckitt Benckiser to hold from sell. Investec reiterates sell on Diageo, target cut from 1,885p to 1,820p. Beaufort Securities recommends buy on Co
22-Oct-2013 02:25 PM

Probability appoints chief commercial officer

Probability, the mobile gambling services specialist, has appointed Michael Byrne to the newly-created position of chief commercial officer. Byrne has held a number of senior positions in the mobile gambling industry since 2007. As head Of mobile for W
22-Oct-2013 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Reckitt Benckiser Group PLC 4767.50 5.94% BHP Billiton PLC 1943.50 3.74% Man Group PLC 89.18 1.75% British American Tobacco PLC 3392.25
22-Oct-2013 01:54 PM

InfraStrata gas storage project gets HM Treasury support

InfraStrata's gas storage project at Islandmagee in County Antrim has been named as a pre-qualified project under HM Treasury's £40bn infrastructure guarantee scheme. The pre-qualification was welcomed by InfraStrata subsidiary, Islandmagee St
22-Oct-2013 01:37 PM

US average earnings rise

US average hourly earnings for all employees on private non-farm payrolls rose by 3 cents to $24.09 in September, according to the US Bureau of Labor Statistics. Over the year, average hourly earnings have risen by 49 cents, or 2.1%. In September, aver
22-Oct-2013 01:35 PM

US unemployment rate down

The US unemployment rate, at 7.2 percent, changed little in September but has declined by 0.4 percentage point since June, according to the US Bureau of Labor Statistics The number of unemployed persons, at 11.3 million, was also little changed over th
22-Oct-2013 01:33 PM

US adds 148,000 jobs in September

Total US non-farm payroll employment rose by 148,000 in September, according to the US Bureau of Labor Statistics. Employment increased in construction, wholesale trade, and transportation and warehousing. An increase of 179,000 had been forecast. Stor
22-Oct-2013 01:30 PM

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

Overall Market Atlantic Coal PLC 0.27 12.50% African Consolidated Resources PLC 2.63 10.50% Fox Marble Holdings 18.50 7.25% Fulcrum Utility Services Ltd 5.88

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