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Recent News

Wednesday 06 July, 2016

06-Jul-2016 09:00 AM

Market Movers - Top risers and fallers at 09:00

FTSE 100 Fresnillo 1986.00 +4.91% Randgold Resources 9677.50 +3.95% Antofagasta 473.35 +2.57% Glencore 161.30 +2.
06-Jul-2016 09:00 AM

Broker Forecast - Deutsche Bank issues a broker note on Fresnillo PLC

Deutsche Bank today reaffirms its sell investment rating on Fresnillo PLC (LON:FRES) and raised its price target to 1020p (from 970p). Story provided by StockMarketWire.com...
06-Jul-2016 08:54 AM

Fitch revises Acron's outlook to positive

Fitch Ratings has revised the outlook on PJSC Acron's long-term issuer default rating to Positive from stable and affirmed the IDR at 'BB-'. Fitch has also assigned Acron's prospective RUB50bn bond programme an expected rating of &apos
06-Jul-2016 08:52 AM

Boussard & Gavaudan NAV update

Boussard & Gavaudan says the estimated net asset value of its sterling shares was £18.9888 at the close of business on 5 July. The estimated NAV of its euro shares was €21.7221. At 8:52am: (LON:BGHS) Boussard Gavaudan Holding share price w
06-Jul-2016 08:50 AM

Evraz plc CFO resigns

Evraz plc chief financial officer Pavel Tatyanin has resigned with effect from 20 July to pursue other interests. Tatyanin said: "After nearly 15 years with Evraz I am resigning to pursue other opportunities. "I would like to express my gratit
06-Jul-2016 08:50 AM

Broker Forecast - Deutsche Bank issues a broker note on BHP Billiton PLC

Deutsche Bank today reaffirms its hold investment rating on BHP Billiton PLC (LON:BLT) and raised its price target to 1250p (from 880p). Story provided by StockMarketWire.com...
06-Jul-2016 08:40 AM

Broker Forecast - Deutsche Bank issues a broker note on Antofagasta PLC

Deutsche Bank today reaffirms its hold investment rating on Antofagasta PLC (LON:ANTO) and raised its price target to 585p (from 470p). Story provided by StockMarketWire.com...
06-Jul-2016 08:31 AM

ADAM confirms successful exit from Project Media

Adamas Finance Asia Limited says the Greater China Credit Fund, into which the company has invested US$4.0 million, has achieved a successful exit from Project Media, a bridging-finance investment project that has yielded a gross internal rate of return o
06-Jul-2016 08:30 AM

Broker Forecast - Deutsche Bank issues a broker note on Acacia Mining Plc

Deutsche Bank today reaffirms its buy investment rating on Acacia Mining Plc (LON:ACA) and raised its price target to 500p (from 470p). Story provided by StockMarketWire.com...
06-Jul-2016 08:20 AM

Broker Forecast - Deutsche Bank issues a broker note on Vedanta Resources PLC

Deutsche Bank today upgrades its investment rating on Vedanta Resources PLC (LON:VED) to buy (from hold) and raised its price target to 615p (from 375p). Story provided by StockMarketWire.com...
06-Jul-2016 08:17 AM

CyanConnode revenues soar

CyanConnode says revenues for the six months to the end of June rose to c. £1 million - an increase of more than 500% compared to the corresponding period last year. CyanConnode says this was an exceptionally busy period for the group as it focused
06-Jul-2016 08:10 AM

Broker Forecast - Credit Suisse issues a broker note on Serco Group PLC

Credit Suisse today reaffirms its neutral investment rating on Serco Group PLC (LON:SRP) and raised its price target to 110p (from 100p). Story provided by StockMarketWire.com...
06-Jul-2016 08:03 AM

European Metals drill programme update

European Metals Holdings Limited has announced the upgrade of mineral resources at the Cinovec lithium/tin project in the Czech Republic. The lithium and tin resources have been updated using data from five new drill holes. Resource classifications hav
06-Jul-2016 08:00 AM

Broker Forecast - Credit Suisse issues a broker note on Imagination Technologies Group PLC

Credit Suisse today reaffirms its underperform investment rating on Imagination Technologies Group PLC (LON:IMG) and raised its price target to 125p (from 110p). Story provided by StockMarketWire.com...
06-Jul-2016 07:56 AM

Cambria completes franchise acquisition

Cambria Automobiles completed the acquisition of the trade and assets of the Jaguar and Land Rover franchise in South Woodford, North London from Pendragon Premier Limited, a subsidiary of Pendragon PLC, for a total cash consideration of £2.1 millio
06-Jul-2016 07:52 AM

Craneware record sales

Craneware has issued an update for the year ended 30 June confirming a third consecutive year of record sales performance and a return to double digit growth at the revenue and adjusted EBITDA level. The group has seen greater than 60% growth in the
06-Jul-2016 07:47 AM

Hibernia sets up building management department

Hibernia REIT has established an internal building management department to take control of the management of its multi-let commercial properties. Hibernia currently has over 500,000 sq. ft. of multi-let commercial space, all of which is expected to be
06-Jul-2016 07:46 AM

AFC Energy 10kW fuel cell system ahead of schedule

AFC Energy says design and basic engineering of the company's new 10kW fuel cell system, including accompanying balance of plant, has been completed ahead of schedule. Completion of AFC Energy's 10kW system design and basic engineering include
06-Jul-2016 07:43 AM

Lombard Risk bookings up

Lombard Risk Management has made a positive start to its new financial year with bookings in the first three months up on last time, shareholders at the annual general meeting today will be told. Non-executive chairman Philip Crawford will say: "We
06-Jul-2016 07:40 AM

Hilton signs Portugal co-operation agreement

Hilton Food Group has signed an agreement with Modelo Continente Hipermercados to enter a period of co-operation for the supply of retail packaged fresh meat into Sonae stores in Portugal. It is expected that this Agreement will lead to the formation o
06-Jul-2016 07:39 AM

Impax AUM up

Impax Asset Management Group's assets under management rose to £4.0 billion at the end of June - 13% up on 1 April and 42% more than AUM at the start of Impax's current financial year on 1 October.
06-Jul-2016 07:35 AM

Zoo Digital narrows FY pretax loss

Zoo Digital has narrowed its FY pretax loss to $1.5m, from a year-earlier loss of $2.1m. Revenue was $11.6m, from $11.5m. CEO Stuart Green commented: "The changes due to new consumer technologies and internet-delivered services that have disrupted
06-Jul-2016 07:35 AM

Low & Bonar profits rise

International performance materials group Low & Bonar's profit before tax, amortisation and non-recurring items from continuing operations increased by 5.0% to £10.6m in the year to the end of May. On a constant currency basis, revenues from
06-Jul-2016 07:31 AM

Costain acquires Simulation Systems

Costain, the engineering solutions provider, has completed the acquisition of Simulation Systems Limited, a provider of innovative technology-based solutions, primarily for the highways sector but with the potential for wider application across the group.
06-Jul-2016 07:30 AM

Carillion on track

Carillion has clinched new contracts worth £600m and says it remains on track to make further progress in 2016. In a trading update Carillion says it continue to expect its first-half performance to be led by revenue and margin growth in support servic

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