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Recent News

Wednesday 17 February, 2016

17-Feb-2016 07:46 AM

Panmure Gordon chairman Ed Warner to step down

Panmure Gordon said non-executive chairman Ed Warner has today served notice of his intention to step down at the company's AGM in May. A search for his replacement is underway. Story provided by
17-Feb-2016 07:44 AM

Yokogawa agrees deal for KBC

Yokogawa Electric Corporation has agreed a recommended cash offer for KBC Advanced Technologies. The 210p per share offer - which values KBC at around GBP180.3m - represents a premium of approximately 69% to the closing price per KBC share on 11 January,
17-Feb-2016 07:41 AM

Gemfields schedules interims

Gemfields will issue its results for the six months to 31 December on 22 February. Story provided by
17-Feb-2016 07:40 AM

Frontier releases 'Elite Dangerous: Arena'

Frontier Developments has announced that a new release, Elite Dangerous: Arena, is now available for Windows PC via and the Steam distribution channel. Elite Dangerous: Arena is a standalone version of the existing close quarter comb
17-Feb-2016 07:38 AM

Further significant flows at Horse Hill-1

Further significant oil flows from the Horse Hill-1 well have been confirmed by Horse Hill Developments Limited. Alba Mineral Resources, Doriemus, Evocutis, Stellar Resources, Solo Oil and UK Oil & Gas said they had been notified that light, 40-degree AP
17-Feb-2016 07:37 AM

IPSA shareholders approve Blazeway sale

IPSA Group's shareholders have approved the sale of its subsidiary Blazeway Engineering - the UK holding company which owns Newcastle Cogeneration Proprietary - to Sloane Corporation. The sale of Blazeway to SCL remains subject to a number of condi
17-Feb-2016 07:33 AM

Gama acquisition of Aviation Beauport approved

Gama Aviation's acquisition of Aviation Beauport has been approved by the Jersey Competition Authority. Aviation Beauport is a privately owned Jersey based business offering a range of business aviation services. Gama says completion of the acqui
17-Feb-2016 07:31 AM

Gaming Realms sells third party platform driven sites

Gaming Realms, the creator and publisher of mobile real money and social games, has conditionally sold its third party platform driven website properties for GBP2.9 million to Silverspin Media and Blackspark Limited. Black Spark will pay the company, up
17-Feb-2016 07:27 AM

Kcell pays first tranche for LTE frequencies

Kazakhstan mobile telecommunications services provider Kcell Joint Stock Company has paid KZT 14 billion as the first tranche for LTE radio frequencies. In accordance with the decision made by Kazakhstan's Ministry for Investments and Development
17-Feb-2016 07:26 AM

Plus500's profit

Plus500 Ltd has booked a FY net profit of USD96.6m, from a year-earlier profit of USD102.5m. Revenue was USD275.6m, from USD228.9m. Total dividend, including special payment, was USD0.8405 a share, from USD0.8008. The company had made a strong start to
17-Feb-2016 07:25 AM

Green Dragon to present at London forum

Green Dragon Gas chairman and chief executive Randeep Grewal will be presenting at the Natural Resources Forum on 23 February at the Bloomberg Offices, 39-45 Finsbury Square, London, EC2A 1PQ. The theme of the forum is 'Gas: Where is the growth and
17-Feb-2016 07:23 AM

AZ bladder cancer drug 'breakthrough therapy'

AstraZeneca and MedImmune, its global biologics research and development arm, have announced that the US Food and Drug Administration has granted breakthrough therapy designation (BTD) for durvalumab (MEDI4736). Durvalumab is an investigational human mo
17-Feb-2016 07:22 AM

MNC says diamond drilling begins at Los Calatos

Metminco Ltd said diamond drilling at the TD2 Target at Los Calatos has commenced. The TD2 Target is located to the southwest of the main Los Calatos deposit on a 'structural bend' of the southernmost bounding fault that constrains the extent o
17-Feb-2016 07:20 AM

Avingtrans adjusted pre-tax profits up 38%

Avingtrans posts adjusted pre-tax profits of GBP1.2m for the six months to the end of November - 38% up on last time. Adjusted diluted earnings per share was 3.4 pence per share (H1 2015: 2.9 pence per share) and the interim dividend of 1.1p per share is
17-Feb-2016 07:16 AM

Glencore inks new revolving credit facility

Glencore has signed a new revolving credit facility that will ultimately refinance and replace the existing USD8.45 billion facility. In this initial pre-syndication phase, Glencore received commitments from its senior banks for USD8.4 billion, represen
17-Feb-2016 07:13 AM

Auto Trader marginally ahead of forecasts

Auto Trader Group expects full year underlying operating profit to be in the range of GBP169 million to GBP171 million, marginally ahead of current market forecasts. This is based on the group's performance for the first 10 months of the year to 27
17-Feb-2016 07:11 AM

Clariant's margins

Clariant, a world leader in specialty chemicals, today announced full-year 2015 sales of CHF 5.807 billion compared to CHF 6.116 billion in 2014. This corresponds to a 3% growth in local currencies mainly driven by higher volumes. Due to the strong curr
17-Feb-2016 07:00 AM

Economic Events - Month Ahead Events

UK19/02/2016 09:30 Retail Sales m/m | Forecast: 0.80% | Previous: -1.00%19/02/2016 09:30 Public Sector Net Borrowing | Forecast: -13.8B | Previous: 6.9B19/02/2016 14:30 CB Leading Index m/m22/02/2016 11:00 CBI Industria
17-Feb-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK19/02/2016 09:30 Retail Sales m/m | Forecast: 0.80% | Previous: -1.00%19/02/2016 09:30 Public Sector Net Borrowing | Forecast: -13.8B | Previous: 6.9B19/02/2016 14:30 CB Leading Index m/m22/02/2016 11:00 CBI Industria
17-Feb-2016 07:00 AM

Economic Events - Tomorrow's Events

US18/02/2016 13:30 Philly Fed Manufacturing Index | Forecast: -2.9 | Previous: -3.518/02/2016 13:30 Unemployment Claims | Forecast: 275K | Previous: 269K18/02/2016 15:00 CB Leading Index m/m | Forecast: -0.10% | Previous: -0.
17-Feb-2016 07:00 AM

Economic Events - Today's Events

UK17/02/2016 09:30 Unemployment Rate | Forecast: 5.00% | Previous: 5.10%17/02/2016 09:30 Claimant Count Change | Forecast: -2.9K | Previous: -4.3K17/02/2016 09:30 Average Earnings Index 3m/y | Forecast: 1.90% | Previous: 2.00

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