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Recent News

Wednesday 01 April, 2015

01-Apr-2015 04:28 PM

CH Bailey buys townhouse in Valetta

C H Bailey has acquired a townhouse in central Valetta, Malta, for �?¬585,000. The property - which is on St. Charles Street - has existing planning consent, although the group has requested an amendment and is currently reviewing the refurbishment
01-Apr-2015 04:02 PM

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

Overall Market Tower Resources 0.18 +5.88% Daniel Stewart Securities 1.00 +5.26% Flowgroup 31.38 +0.80% SkyePharma 306.88
01-Apr-2015 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Barclays 249.88 +3.00% Fresnillo 702.25 +2.89% Randgold Resources 4827.00 +2.86% Imperial Tobacco Group 3044.00 +2.
01-Apr-2015 03:49 PM

PeerTV unit's new production line in full operation

PeerTV subsidiary Digitek SMT Assemblies is seeing increasing interest from potential and existing customers after bringing a new production line into full operation. PeerTV says increasing interest is being seen across a variety of industry sectors,
01-Apr-2015 03:44 PM

IFL unveils board changes

International Ferro Metals non-executive director Tian Xia has resigned. The company said Xia has been a director since its listing in 2005, and has made a valuable contribution over that time. Xia is replaced by Xiaoren Yin, under the terms of the re
01-Apr-2015 03:31 PM

Electrocomponents CEO takes up reins

Electrocomponents has confirmed that Lindsley Ruth has taken up his appointment as group chief executive. Story provided by
01-Apr-2015 03:29 PM

Evocutis pre-tax losses narrow

Evocutis posts a pre-tax loss of £57,000 for the six months to the end of January - down from £67,000 a year ago. Chairman David Lenigas said the period had been one of considerable change for the company. Following the general meeting on 12 September
01-Apr-2015 03:10 PM

ISM manufacturing prices index rises

The The Institute for Supply Management's Prices Index registered 39% in March, an increase of 4 percentage points when compared to the February reading of 35%, indicating a decrease in raw materials prices for the fifth consecutive month. In March
01-Apr-2015 03:08 PM

ISM manufacturing PMI falls to 51.1

Economic activity in the US manufacturing sector expanded in March for the 27th consecutive month but at a slower rate, according to the Institute for Supply Management. The ISM's Purchasing Managers Index fell to 51.5% - down from 52.9% in Februar
01-Apr-2015 03:06 PM

US construction spending down 0.1%

US construction spending during February was estimated at a seasonally adjusted annual rate of $967.2bn, 0.1% below the revised January estimate of $967.9bn, the US Department of Commerce said today. The February figure is 2.1% above the February 2014
01-Apr-2015 03:03 PM

ISM manufacturing PMI falls

Story provided by
01-Apr-2015 03:02 PM

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

Overall Market Sirius Petroleum 1.13 +15.31% Northcote Energy Limited 0.12 +9.09% Oxus Gold 3.39 +1.80% Oxford BioMedica 12.00
01-Apr-2015 03:00 PM

Gresham House loan extended

Gresham House has reached an agreement with the Co-operative Bank to extend the group's existing £3.278m loan facility on unchanged terms. The bank has also agreed to advance a further £0.372m that will be applied to finance capital expenditure
01-Apr-2015 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 TUI AG 1224.00 +3.12% Barclays 249.13 +2.69% Imperial Tobacco Group 3034.00 +2.40% BG Group 847.15 +2.
01-Apr-2015 02:50 PM

Markit 'final' US manufacturing PMI up at 55.7

Markit's final US Manufacturing Purchasing Managers�€? Index for March rose to 55.7 - up from 55.1 in February. The latest survey indicated a robust and accelerated expansion of manufacturing production levels. Anecdotal evidence cited stronge
01-Apr-2015 02:31 PM

Teathers to convert loan note

Teathers Financial has confirmed it will convert the Kentucky Oil and Gas loan note into shares. Teathers announced on 23 September that it had entered into a non-binding heads of agreement to subscribe for 3,333,333 new ordinary shares in the capital of
01-Apr-2015 02:19 PM

Afren agrees payment deferral

Afren has obtained from the lenders of the US$300m Ebok debt facility a further deferral of the US$50 million amortisation payment originally due on 31 January until 30 April. The follows a delay in the issue of super senior private placement notes. Afr
01-Apr-2015 02:02 PM

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

Overall Market Namibian Resources 0.98 +8.89% European Islamic Investment Bank 180.00 +2.86% Spirent Communications 87.38 +0.58% Tyman 319.50
01-Apr-2015 02:00 PM

Global and NBQ settle dispute

Global Investment House and National Bank of Umm Al Qaiwain have agreed to settle their long-running dispute over a $250m deposit. Global said the Court of Appeals of Dubai had ruled to accept the settlement on the recovery of a US$250 million deposit fr
01-Apr-2015 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 TUI AG 1228.00 +3.45% Barclays 250.50 +3.26% Lloyds Banking Group ORD 80.01 +2.21% Sports Direct International 621.50 +2.
01-Apr-2015 01:45 PM

NTLG warns

New Trend lifestyle Group is to cease all retail operations in China and concentrate on its key Singaporean market and warned of a significant increase in pre-tax losses. The group said trading in the second half remained difficult and sales for the year
01-Apr-2015 01:37 PM

CBI warns over Labour flexible contract plans

Labour's plans to limit flexible work contracts could lead to lower stability for workers, according to Britain's bosses. The Confederation of British Industry says Labour leader Ed Miliband's proposals to limit flexible contracts to 12 we
01-Apr-2015 01:20 PM

US private sector adds 189,000 jobs, says ADP

US private sector payrolls increased by 189,000 in March, according to the latest report by ADP. The figure compared with an increase of 214,000 in February and was below forecasts of 225,000. The report showed that small firms (those with 1-49 employee
01-Apr-2015 01:11 PM

BT non-exec to step down

BT non-executive director Phil Hodkinson will step down from the board on 31 January 2016 when he will have served for 10 years. Chairman Sir Mike Rake said "Phil has been a great asset to the board, including five years as chair of the audit & ris
01-Apr-2015 01:05 PM

James Latham revenues ahead of forecasts

James Latham expects revenues for the year to the end of March to be ahead of market forecasts. It says pre-tax profits will be in line with market forecasts. The company als siad that it and the trustees James Latham plc Pension and Assurance Scheme ha

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