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Recent News

Friday 07 March, 2014

07-Mar-2014 03:35 PM

AFCR terminates CEO's contract

African Consolidated Resources has terminated chief executive Craig Hutton. Executive chairman Roy Tucker said "The board wishes Craig well in his future endeavours. The Board is in discussions with a view to appointing a new chief executive officer
07-Mar-2014 03:30 PM

IFC invests in Bank Audi

IFC, a member of the World Bank Group, and the IFC Capitalization Fund, managed by the IFC Asset Management Company, have signed agreements to provide subordinated loans of $150m for 10 years to Bank Audi. The loans will expand Bank Audi's capital
07-Mar-2014 03:30 PM

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

Overall Market Legendary Investments PLC 0.14 7.69% PhotonStar LED Group PLC 5.88 6.91% Tower Resources PLC 6.68 6.37% Formation Group PLC 1.25
07-Mar-2014 03:29 PM

OFT looks at anticipated pathology JV

The Office of Fair Trading has invited comments on an anticipated pathology joint venture between six NHS trusts. The trusts are: Cambridge University Hospitals NHS Foundation Trust, Colchester Hospital University NHS Foundation Trust, East and North He
07-Mar-2014 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 G4S PLC 243.15 3.25% Pearson PLC 1064.00 3.00% Aviva PLC 517.50 2.68% Legal & General Group PLC 239.20
07-Mar-2014 02:50 PM

Toumaz schedules FY results

Toumaz, a pioneer in ultra-low power wireless semiconductor technology, will publish its results for the year ended 31 December on 31 March. At 2:50pm: (LON:TMZ) Toumaz Holdings Ltd share price was +0.01p at 3.13p Story provided by StockMarketWire
07-Mar-2014 02:48 PM

Advance Developing Markets beats index

Advance Developing Markets Fund's net asset value per ordinary share fell by 9.6% in the four months to the end of February. This compares with a 10.1% fall in the MSCI Emerging Markets Net Total Return Index in sterling terms. The company's s
07-Mar-2014 02:41 PM

CAMAC Energy CFO to present at conference

CAMAC Energy senior vice-president and chief financial officer Earl W. McNiel will present at the ROTH Capital Partners 26th annual growth stock conference on 10 March at 2:30 p.m. PT in Dana Point, California. To access the live audio webcast, please
07-Mar-2014 02:30 PM

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

Overall Market AEC Education PLC 3.63 11.69% CLONTARF ENERGY PLC ORD 0.25P 1.05 10.53% Kea Petroleum Ltd 1.60 10.34% Northamber PLC 37.00
07-Mar-2014 02:26 PM

IMC Exploration schedules interims

IMC Exploration Group expects to announce its interim results for the period to 31 December on 31 March. Story provided by
07-Mar-2014 02:09 PM

Verizon CFO to speak at Deutsche Bank conference

Verizon Communications executive vice-president and chief financial officer Fran Shammo will speak at the Deutsche Bank 22nd Annual Media, Internet & Telecom Conference in Palm Beach, Florida, on 10 March. His presentation will be webcast beginning at ap
07-Mar-2014 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Aviva PLC 523.75 3.92% G4S PLC 242.70 3.06% Pearson PLC 1060.00 2.61% Legal & General Group PLC 239.40
07-Mar-2014 01:46 PM

GWM non-exec to step down

Great Western Mining non-executive director Christopher Hall has decided to step down from the board from 15 March. Hall was appointed to the company's board at the time of its introduction to AIM Market in 2011 and has seen it through a three year
07-Mar-2014 01:40 PM

US average earnings rise

US average hourly earnings for all employees on private non-farm payrolls rose by 9 cents to $24.31 in February, according to the US Bureau of Labor Statistics. Over the year, average hourly earnings have risen by 52 cents, or 2.2%. In February,
07-Mar-2014 01:39 PM

US jobless rate shows little change

The US unemployment rate showed little changed at 6.7% in February, according to the US Bureau of Labor Statistics. Unemployment rates for adult men (6.4%), adult women (5.9%), teenagers (21.4%), whites (5.8%), blacks (12.0%), and Hispanics (8.1%) show
07-Mar-2014 01:36 PM

US adds 175,000 jobs

Total US non-farm payroll employment increased by 175,000 in February, according to the US Bureau of Labor Statistics. Employment increased in professional and business services and in wholesale trade but declined in information. A rise of 151,000 had
07-Mar-2014 01:35 PM

US trade gap widens to $39.1bn

The US trade deficit rose to $39.1bn in January, up from a revised $39.0bn in December, according to the US Bureau of Economic Analysis. January exports were $1.2bn more than December exports of $191.3bn. January imports were $1.3bn more than December i
07-Mar-2014 01:30 PM

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

Overall Market AEC Education PLC 3.63 15.97% TXO PLC 0.09 12.50% Allergy Therapeutics PLC 28.75 11.65% Verdes Management PLC 0.83
07-Mar-2014 01:25 PM

RBS unveils board changes

Royal Bank of Scotland Group has appointed Morten Friis as a non-executive director with effect from 10 April. Friis will become a member of the group audit committee and board risk committee. RBS also announced that Anthony Di Iorio will step down from
07-Mar-2014 01:20 PM

Wishbone Gold and GRIT in share exchange

Wishbone Gold has completed a share exchange with Global Resources Investment Trust following its admission to trading on the London Stock Exchange today. Wishbone has been allotted 1,031,360 GRIT shares and, in turn, has allotted 45,772,693 new ordina
07-Mar-2014 01:04 PM

OFT clears European Metal Recycling deal

The Office of Fair Trading has cleared European Metal Recycling's acquisition of five sites and certain assets of Sita Metal Recycling. The OFT has decided, on the information currently available, not to refer the completed acquisition to the the C
07-Mar-2014 01:01 PM

Local Shopping REIT resolutions passed at AGM

The Local Shopping REIT has confirmed that all resolutions proposed at its annual general meeting yesterday were passed on a show of hands. At 1:01pm: (LON:LSR) Local Shopping REIT (The) PLC share price was 0p at 29.75p Story provided by StockMarketW
07-Mar-2014 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 Aviva PLC 519.75 3.13% G4S PLC 241.60 2.59% Pearson PLC 1054.50 2.08% Legal & General Group PLC 238.20
07-Mar-2014 12:50 PM

Mining engineer becomes a director of Metals Exploration

Metals Exploration (AIM: MTL) has announced that Jeremy Ayre has been appointed as a non-executive director. Mr. Ayre has more than 25 years experience as a mining engineer and is a non-executive director of Archipelago Resources and Baker Steel Capital
07-Mar-2014 12:46 PM

Brokers' round-up, targets raised on Betfair

JP Morgan Cazenove reiterates neutral on Betfair, target raised from 990p to 1100p. Deutsche Bank reiterates hold on Betfair, target raised from 1060p to 1160p. Barclays Capital reiterates overweight on Betfair, target raised from 1120p to 1245p. Goldm

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