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Friday 04 September, 2015

04-Sep-2015 08:30 AM

Egdon update on Wressle-1 extended well test

Egdon Resources has issued an update on the extended well test operations at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest. Egdon has started the planning and permittin
04-Sep-2015 08:10 AM

Atlantis Resources pre-tax losses narrow

Atlantis Resources - a vertically integrated turbine supplier and project owner in the tidal power industry - posts pre-tax losses of S$7.5m for the six months to the end of June, down from S$8.7m last time. Revenue for the period was S$951,000 (H1 2014
04-Sep-2015 07:55 AM

Fastnet Equity losses jump

Fastnet Equity posts an operating loss of $39.9m for the year to the end of March against a loss of $2.9m in 2014. The company booked an impairment charge of US$36.6m in relation to its exploration and evaluation assets. Fastnet believes that suffici
04-Sep-2015 07:49 AM

EPIC acquires leisure portfolio for £10m

Ediston Property Investment Co has acquired three leisure properties for £10m, net of acquisition costs, reflecting a net initial yield of 8.60%. The acquisition was funded from existing cash resources. The properties comprise two units in Liverpool a
04-Sep-2015 07:47 AM

Goldplat sees significant progress on projects

Goldplat reports significant progress on capital projects and new contracts aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, which processes by-products from the mining proc
04-Sep-2015 07:43 AM

Beowulf optimistic over Kallak North concession

Beowulf Mining remains optimistic about a positive decision on its application for an exploitation concession for Kallak North. Sweden's Department of Enterprise and Innovation has invited the company to give its views on the findings made by the C
04-Sep-2015 07:39 AM

EMIS hikes divi as operating profits rise

EMIS Group's total revenues rose by 17% to £77.8m in the six months to the end of June with recurring revenues up 21% at £60.5m. Reported operating profits were up 7% at £13.8m while adjusted operating profits rose by 16% to £16.9m. Earnings pe
04-Sep-2015 07:35 AM

Kellan operating profits rise

The Kellan Group's sales rose to £11.5m in the six months to the end of June - up from £10.7m a year ago. Kellan - a leading recruitment business operating across a wide range of functional disciplines and industry sectors - said net fee income
04-Sep-2015 07:31 AM

Kodal losses jump as iron ore prices tumble

Kodal Minerals posts pre-tax losses of £3.9m for the year to the end of March - up from £232,705 last time. Revenues were nil - unchanged from 23014 - but the group booked an impairment of exploration and evaluation assets of £3.4m for the Kodal proje
04-Sep-2015 07:27 AM

IS Solutions to exceed market forecasts

IS Solutions is confident of another strong performance for the year ending March 2016 with revenue and profitability exceeding current market expectations. The company says that in the first five months of the current financial year (April - August), th
04-Sep-2015 07:25 AM

AZ gets expanded FDA approval for Brilinta

AstraZeneca has announced that the US Food and Drug Administration has approved Brilinta (ticagrelor) tablets at a new 60mg dose to be used in patients with a history of heart attack beyond the first year. With this expanded indication, Brilinta is no
04-Sep-2015 07:23 AM

Boussard & Gavaudan NAV update

Boussard & Gavaudan says the estimated net asset value of its sterling shares was £17.2624 at the close of business on 3 September. The estimated NAV of its euro shares was �?¬19.6214. Story provided by StockMarketWire.com...
04-Sep-2015 07:23 AM

Provexis more than halves FY pretax loss

Provexis has more than halved its FY pretax loss to £0.5m, from a loss of £1.01m. Revenue was £38,224, from £3967. Administrative costs were responsible for the rump of the losses. Key highlights: · Significantly enhanced financial terms agree
04-Sep-2015 07:20 AM

Gear4music sales surge

Gear4music's total sales rose by 43% to £12.5m in the six months to the end of August. The company - one of the largest UK-based online retailers of musical instruments and music equipment - saw strong increase in sales in both the UK and Europe an
04-Sep-2015 07:18 AM

BVXP performs

Bioventix expects pretax profits for the year ended 30 June to be significantly ahead of market forecasts. The company said its core business remains robust and that revenues for the year are expected to be in excess of £4.2m (2014:£3.5m). It adds: &qu
04-Sep-2015 07:16 AM

AERL's traffic

Aer Lingus, including Aer Lingus Regional, carried a total of 1.27m passengers in August, 5.3% up on a year ago. Aer Lingus mainline figures showed short haul passenger figures rising by 5.7% to 965,000 and long haul passenger figures increasing by 16.9%
04-Sep-2015 07:00 AM

Economic Events - Month Ahead Events

UK07/09/2015 09:30 Construction PMI08/09/2015 00:01 BRC Retail Sales Monitor y/y08/09/2015 09:30 Industrial Production m/m08/09/2015 09:30 Manufacturing Production m/m08/09/2015 10:00 Inflation Report Hearings
04-Sep-2015 07:00 AM

Economic Events - 7 Days Ahead Events

UK07/09/2015 09:30 Construction PMI08/09/2015 00:01 BRC Retail Sales Monitor y/y08/09/2015 09:30 Industrial Production m/m08/09/2015 09:30 Manufacturing Production m/m08/09/2015 10:00 Inflation Report Hearings
04-Sep-2015 07:00 AM

Economic Events - Today's Events

US04/09/2015 13:30 Unemployment Rate | Forecast: 5.20% | Previous: 5.30%04/09/2015 13:30 Non-Farm Employment Change | Forecast: 220K | Previous: 215K04/09/2015 13:30 Average Hourly Earnings m/m | Forecast: 0.20% | Previous: 0

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