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Recent News

Monday 05 September, 2016

05-Sep-2016 09:00 AM

Broker Forecast - Deutsche Bank issues a broker note on Lloyds Banking Group PLC ORD

Deutsche Bank today downgrades its investment rating on Lloyds Banking Group PLC ORD (LON:LLOY) to hold (from buy) and cut its price target to 59p (from 60p). Story provided by StockMarketWire.com...
05-Sep-2016 09:00 AM

Market Movers - Top risers and fallers at 09:00

FTSE 100 Anglo American 825.45 +2.16% BHP Billiton 1016.50 +2.11% Fresnillo 1697.00 +1.74% Paddy Power Betfair 9160.00 +1.
05-Sep-2016 08:50 AM

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

Deutsche Bank today reaffirms its hold investment rating on Barclays PLC (LON:BARC) and raised its price target to 176p (from 170p). Story provided by StockMarketWire.com...
05-Sep-2016 08:49 AM

Amur letter of intent with IG Copper

Amur Minerals Corporation has signed a non-binding letter of intent with IG Copper LLC to investigate potential synergies in processing the companies' respective sulphide concentrates. Amur plans to create a concentrate treatment facility adjacent
05-Sep-2016 08:40 AM

Broker Forecast - Jefferies International issues a broker note on Morgan Sindall PLC

Jefferies International today reaffirms its buy investment rating on Morgan Sindall PLC (LON:MGNS) and raised its price target to 1070p (from 1000p). Story provided by StockMarketWire.com...
05-Sep-2016 08:39 AM

Boussard & Gavaudan NAV update

Boussard & Gavaudan says the estimated net asset value of its sterling shares was £19.3212 at the close of business on 2 September. The estimated NAV of its euro shares was €22.0562. At 8:39am: (LON:BGHS) Boussard Gavaudan Holding share pric
05-Sep-2016 08:30 AM

Broker Forecast - Barclays Capital issues a broker note on Mulberry Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Mulberry Group PLC (LON:MUL) and raised its price target to 1080p (from 1000p). Story provided by StockMarketWire.com...
05-Sep-2016 08:28 AM

CDialogues completes sale of Telilea

CDialogues has completed the disposal of its trading subsidiary, Telilea Limited, to Numbase Group. CDialogues says that as detailed in the circular published on 16 August, the last day of dealings in the company's ordinary shares is 14 September
05-Sep-2016 08:20 AM

Broker Forecast - Barclays Capital issues a broker note on Jimmy Choo Plc

Barclays Capital today reaffirms its equal weight investment rating on Jimmy Choo Plc (LON:CHOO) and raised its price target to 120p (from 110p). Story provided by StockMarketWire.com...
05-Sep-2016 08:10 AM

Frontera upgrades Georgia gas potential

Frontera Resources has upgraded the gas potential and announced progress from oil and gas operations in Georgia. Highlights: - Frac completions on Zone 9 of Oil Window have yielded breakthrough stimulation results - Niko#1 well has produced app
05-Sep-2016 08:10 AM

Broker Forecast - Barclays Capital issues a broker note on Burberry Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Burberry Group PLC (LON:BRBY) and raised its price target to 1320p (from 1220p). Story provided by StockMarketWire.com...
05-Sep-2016 08:02 AM

Allergy Therapeutics schedules FY results

Allergy Therapeutics will issue its preliminary results for the 12-month period ended 30 June on 26 September. At 8:02am: (LON:AGY) Allergy Therapeutics PLC share price was 0p at 18.88p Story provided by StockMarketWire.com...
05-Sep-2016 08:00 AM

Atalaya pre-payment funding deal with Transamine

Atalaya Mining has agreed a US$14 million copper concentrate prepayment deal with Transamine Trading which concludes a significant proportion of the funding requirements for mine expansion. Transamine, an independent and privately owned commodity trading
05-Sep-2016 08:00 AM

Broker Forecast - Barclays Capital issues a broker note on Zoopla Property Group Plc

Barclays Capital today upgrades its investment rating on Zoopla Property Group Plc (LON:ZPLA) to overweight (from equal weight) and raised its price target to 335p (from 250p). Story provided by StockMarketWire.com...
05-Sep-2016 07:54 AM

Koovs sales up 115%

Koovs reports strong sales growth of 115% year on year in the four months to the end of July and a significant increase in brand awareness from
05-Sep-2016 07:47 AM

Comptoir to open six new sites

Comptoir Group, the Lebanese canteen specialising in fresh, healthy and affordable Lebanese dishes, is to open six new Comptoir Libanais sites over the next three months, including three new regional locations and its first inside a department store. Thr
05-Sep-2016 07:45 AM

Hunting operating losses widen

International energy services group Hunting's operating losses rose to $77.0m in the six months to the end of JUne - up from $63.1m last time. Revenues fell to $228.4m from $463.6m) and the group reports an underlying loss before interest tax, depre
05-Sep-2016 07:44 AM

Vipera narrows H1 pretax loss, lifts revenue

Vipera has reported a year so far of steady progress, as it narrowed its first-half pretax loss and improved its revenue. Loss before tax was €0.4m, from a year-ago loss of €0.5m. Revenues improved to €3.8m, from €2.6m. CEO Marco Cas
05-Sep-2016 07:41 AM

Craven House buys development land in Argentina

Craven House Capital has acquired a parcel of residential development land in the growing residential and tourist area of Cafayate, in the Salta province of northern Argentina. The 7,060 square metre plot has been acquired for $365,000‎. The entire
05-Sep-2016 07:40 AM

Fishing Republic acquires Fantackletastic

Fishing Republic, the fishing tackle retailer, ihas acquired the business and assets of sole trader, A. Would, who operates Fantackletastic, a fishing tackle store in Lincolnshire, for a total consideration of £150,000, payable in cash. Fantackleta
05-Sep-2016 07:40 AM

Union Jack Oil narrows H1 pretax loss

Union Jack Oil has narrowed its H1 pretax loss, and said it is well placed with a number of development, appraisal and drilling projects underway that were fully funded from available cash resources. Loss before tax was £0.25m, from a year-ago loss
05-Sep-2016 07:38 AM

GSK update on positive results from COPD study

GlaxoSmithKline has announced that the positive results from the pioneering Salford Lung Study have been published in the New England Journal of Medicine. This study, which reported headline results in May, was designed to evaluate the effectiveness and
05-Sep-2016 07:37 AM

Vela Technologies slightly widens FY pretax loss

Vela Technologies has booked a FY pretax loss of £0.35m, from a loss of £0.30m, as it progressed its investment portfolio. Revenue was negligible. "The company's investment portfolio continues to make positive progress and the Board
05-Sep-2016 07:34 AM

Urals Energy completes acquisition

Urals Energy confirms its acquisition of the entire share capital of Arctic Oil Company Ltd from JSC ArcticMorNefteGazRazvedka has completed. The consideration for this acquisition remains as disclosed in the Company's announcement of 23 August 20
05-Sep-2016 07:34 AM

Plus500 improves H1 pretax profit, lifts dividend

Plus500 has improved its H1 pretax profit to $58.5m, from $52.1m, at the same time hiking its interim dividend 10% to $0.2324/share. "Plus500 achieved record first half results whilst continuing to grow both its Active and New Customers," said

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