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Recent News

Monday 09 May, 2016

09-May-2016 09:00 AM

Fitch affirms the Netherlands at 'AAA'

Fitch Ratings has affirmed the Netherlands' long-term foreign and local currency issuer default ratings at 'AAA' with a stable outlook. The issue ratings on the Netherlands' senior unsecured foreign and local currency bonds are also
09-May-2016 09:00 AM

Broker Forecast - Jefferies International issues a broker note on Glencore PLC

Jefferies International today reaffirms its hold investment rating on Glencore PLC (LON:GLEN) and raised its price target to 150p (from 130p). Story provided by
09-May-2016 09:00 AM

Market Movers - Top risers and fallers at 09:00

FTSE 100 easyJet 1455.00 +2.75% Inmarsat 833.75 +2.62% AstraZeneca 3870.50 +1.90% Dixons Carphone 418.10 +1.
09-May-2016 08:53 AM

Fitch affirms Lloyd's Banking Group's IDR at 'A+'

Fitch Ratings has affirmed the long and short-term issuer default ratings of Lloyds Banking Group plc, Lloyds Bank plc, HBOS and Bank of Scotland (BoS) at 'A+' and their viability ratings at 'a'. The outlooks on the IDRs are stable.
09-May-2016 08:50 AM

Broker Forecast - Jefferies International issues a broker note on Georgia Healthcare Group Plc

Jefferies International today reaffirms its buy investment rating on Georgia Healthcare Group Plc (LON:GHG) and raised its price target to 280p (from 220p). Story provided by
09-May-2016 08:48 AM

Clarkson resolutions passed at AGM

Clarkson has confirmed that all resolutions proposed at its annual general meeting on Friday were passed on a show of hands. At 8:48am: (LON:CKN) Clarkson PLC share price was +12.5p at 2211.5p Story provided by
09-May-2016 08:40 AM

Broker Forecast - Jefferies International issues a broker note on Smith & Nephew PLC

Jefferies International today upgrades its investment rating on Smith & Nephew PLC (LON:SN.) to buy (from hold) and raised its price target to 1375p (from 1044p). Story provided by
09-May-2016 08:30 AM

Broker Forecast - RBC Capital Markets issues a broker note on easyJet PLC

RBC Capital Markets today upgrades its investment rating on easyJet PLC (LON:EZJ) to outperform (from underperform) and raised its price target to 1500p (from 1450p). Story provided by
09-May-2016 08:30 AM

Frontier schedules AGM

Frontier Resources International will hold its annual general meeting at the offices of Jeffreys Henry LLP, Fingate, 5-7 Cranwood Street, London, EC1V 9EE, on 1 June at 10.00 a.m. At 8:30am: (LON:FRI) Frontier Resources International share price was 0
09-May-2016 08:20 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Interserve PLC

JP Morgan Cazenove today reaffirms its overweight investment rating on Interserve PLC (LON:IRV) and cut its price target to 500p (from 543p). Story provided by
09-May-2016 08:19 AM

Dignity revenues fall

Funeral services provider Dignity's revenues fell to GBP81.2m in the 13 weeks to 25 March 0 down from GBP85.5m a year ago but 18% up on 2014. Underlying operating profits were GBP31.1m compared with GBP35.8m in 2015 and GBP25.8m in 2014. There were
09-May-2016 08:12 AM

Beximco Pharma pre-tax profits up

Beximco Pharmaceuticals posts pre-tax profits of BDT2,337.1 million for the year to the end of December - 10.8% up on last time. Net sales increased to BDT 12,965.5 million - a year-on-year growth rate of 15.7% with export sales up 68.3%. Corporate hig
09-May-2016 08:10 AM

Broker Forecast - Berenberg issues a broker note on Inmarsat PLC

Berenberg today reaffirms its hold investment rating on Inmarsat PLC (LON:ISAT) and cut its price target to 880p (from 890p). Story provided by
09-May-2016 08:04 AM

7digital congratulates MQA on licensing deal

7digital, the digital music and radio services company, has congratulated its close partner MQA on its long-term licensing deal with Warner Music Group. The milestone agreement, which will see WMG's catalogue made available in studio master quality,
09-May-2016 08:00 AM

China Africa Resources losses narrow

China Africa Resources posts a pre-tax loss of $562,000 for the year to the end of December - down from $833,000 in 2014. The group said the loss incurred during the year consists of costs of running the head office in London and associated listing and
09-May-2016 08:00 AM

Broker Forecast - Jefferies International issues a broker note on AA Plc

Jefferies International today initiates coverage of AA Plc (LON:AA.) with a underperform investment rating and price target of 237p. Story provided by
09-May-2016 07:55 AM

Eurotunnel sets new traffic record

Groupe Eurotunnel's Le Shuttle freight service achieved its sixth consecutive month of record traffic in April with more than 139,200 trucks transported during the month. April was the third best month ever for the Le Shuttle freight traffic, behind
09-May-2016 07:51 AM

Fairpoint on track

Fairpoint Group is performing in line with management expectations during the historically quieter first three months of the year, shareholders at the annual general meeting today will be told. They will be told that the first half of the year is antici
09-May-2016 07:47 AM

OXIG names Alan Thomson as chairman designate

Oxford Instruments has confirmed the appointment of Alan Thomson as a non-executive director and chairman designate. He will join the board from June 1 and will be appointed chairman after incumbent Nigel Keen retires after he company's AGM on Sept.
09-May-2016 07:47 AM

Dalata acquires part completed hotel in Cork

Dalata has acquired a part completed hotel property on Beasley Street, Cork, for EUR10.2 million in cash. Dalata says the site is superbly located in the centre of the city and was granted planning permission for a 121 bedroom hotel in February 2006. Co
09-May-2016 07:46 AM

Allergy Therapeutics positive data from PQBirch204 study

Allergy Therapeutics has announced positive top-line results from the PQBirch204 phase II study for birch-induced seasonal allergic rhinitis. Allergy Therapeutics said the primary endpoint, to demonstrate a statistically significant (p
09-May-2016 07:43 AM

Premier Veterinary almost doubles H1 pretax loss

Premier Veterinary has almost doubled its H1 pretax loss GBP1.07m, from a loss of GBP0.57m. Revenue was GBP1.41m, from GBP1.07m. Other administrative expenses totalled GBP2.2m, from GBP1.2m. "The Company continues to grow rapidly in the preventative
09-May-2016 07:43 AM

Bushveld inks SPA with Evraz for Vametco

Bushveld Minerals wholly owned subsidiary, Bushveld Vametco, has signed a share purchase agreement with Evraz Group for the conditional purchase of its 78.8% economic interest in Strategic Minerals Corporation, which owns the producing Vametco vanadium mi
09-May-2016 07:40 AM

DDD unit launches TriDef SmartCam for Mac OS X

DDD subsidiary GenMe Inc has launched the Mac OS X version of TriDef SmartCam, an innovative real time background replacement solution for popular Apple Mac applications. DDD says TriDef SmartCam is already gaining a growing user base in the gamecasting
09-May-2016 07:39 AM

Genel Energy appoints COO

Genel Energy has appointed Paul Schofield as chief operating officer. Schofield has 35 years' management and technical experience encompassing all aspects of the upstream oil and gas business. He started his petroleum engineering career at Shell

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