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Friday 21 October, 2016

21-Oct-2016 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on Paragon Group of Companies (The) PLC

Peel Hunt today reaffirms its buy investment rating on Paragon Group of Companies (The) PLC (LON:PAG) and cut its price target to 460p (from 500p). Story provided by StockMarketWire.com...
21-Oct-2016 08:08 AM

Kcell earnings fall

Kcell's third quarter net sales fell by 13.6% to KZT 36,931 million. Service revenue was down 11.6% at KZT 35,032m. EBITDA, excluding non-recurring items, declined by 25.2% to KZT 14,238m. EBITDA margin decreased to 38.6% from 44.5%; mainly due to
21-Oct-2016 08:02 AM

Lansdowne sees ruling as a 'positive outcome'

Lansdowne Oil & Gas has described a court ruling on the litigation between Providence Resources and Transocean Drilling UK, a subsidiary of Transocean Ltd, as a highly positive outcome for the company. Lansdowne said it noted the release by Providence R
21-Oct-2016 08:00 AM

Broker Forecast - Peel Hunt issues a broker note on Shanks Group PLC

Peel Hunt today reaffirms its buy investment rating on Shanks Group PLC (LON:SKS) and cut its price target to 122p (from 127p). Story provided by StockMarketWire.com...
21-Oct-2016 07:53 AM

Abzena notes clinical study results

Abzena has noted that Gilead Sciences has announced top line phase II clinical study results of its product, GS-4997 (selonsertib) in combination with the investigational monoclonal antibody, simtuzumab (SIM) or SIM alone, in patients with non-alcoholic s
21-Oct-2016 07:49 AM

Kolar Indian resource size increased

Kolar Gold has reported a significant increase in resource at Jonnagiri. Geomysore Services (India) Private Limited, in which Kolar owns 22.31% equity as at today's date, is in the process of undertaking an economic feasibility study in respect of b
21-Oct-2016 07:44 AM

Computacenter on track

Computacenter's overall revenue for the third quarter was up 2% to £735 million (2015: £721 million) on an as reported basis, and down 4% in constant currency. Year-to-date revenue grew by 4% on an as reported basis, and reduced by 2%
21-Oct-2016 07:42 AM

Firestone starts Liqhobong production ramp-up

Firestone Diamonds has announced the recovery of the first diamonds at its Liqhobong mine as the project moves into the production ramp-up phase. The company says that Liqhobong has completed all major construction activities and at the end of September
21-Oct-2016 07:38 AM

Xaar's CFO to depart company in March 2017

Xaar said CFO and Company Secretary Alex Bevis will be leaving the company to pursue other opportunities, effective March 24, 2017. A search for his replacement was underway. Story provided by StockMarketWire.com...
21-Oct-2016 07:37 AM

Frontier Developments appoints CFO

Frontier Developments, a leading developer of video games based in Cambridge, UK, has appointed Alex Bevis as chief financial officer with effect from 1 April. Bevis , 41, will be based in Cambridge and will take over the CFO and company secretary role
21-Oct-2016 07:35 AM

IDS like-for-like revenues fall

Immunodiagnostic Systems Holdings, a specialist producer of manual and automated diagnostic testing kits and instruments for the clinical market, expects first half revenues of £19.5m compared with £19.4m last time. On a like for like basi
21-Oct-2016 07:32 AM

Stadium Group says CFO steps down

Stadium Group said CFO and Company Secretary Joanne Estell has stepped down from the board to pursue new opportunities outside of the group. A search for her successor was underway. Story provided by StockMarketWire.com...
21-Oct-2016 07:28 AM

Laura Ashley to end Homebase concessions

Laura Ashley will cease to trade in its concessions within Homebase stores following their acquisition by Wesfarmers. The closure of its concessions from Homebase stores will take place during the second quarter of 2017. The company does not expect th
21-Oct-2016 07:26 AM

Bagir in line with market expectations

Bagir is trading in line with market expectations and making significant progress under its strategic plan to maintain this momentum across the business into 2017 and beyond, shareholders at the annual general meeting today will be told. An update says:
21-Oct-2016 07:21 AM

CMA ends probe into DX acquisition

DX, the independent parcels, mail and logistics operator, has noted today's announcement by the UK Competition and Markets Authority regarding the Company's acquisition of the trade and assets of The Legal Post (Scotland) Limited and First Post
21-Oct-2016 07:19 AM

Tatneft warns of fake company in UK

PJSC Tatneft has warned about the existence of a fake company registered in the UK. PJSC Tatneft says it has found out about the existence of a company registered in England and Wales under number 10271070 having the name 'PJSC Tatneft Ltd', wh
21-Oct-2016 07:18 AM

Dechra on track

Dechra Pharmaceuticals' performance in the first quarter was in line with management expectations with all of the recent acquisitions performing well, shareholders at the annual general meeting today will be told. A statement issued ahead of the mee
21-Oct-2016 07:18 AM

Playtech acquires bingo solutions provider ECM Systems

Playtech has acquired bingo software and hardware solutions provider ECM Systems for a total of £16m. Playtech has paid about £14.9 million for 90% of the issued share capital of ECM. The remaining 10%, which is subject to put and call opti
21-Oct-2016 07:15 AM

RTC Group warns on FY

RTC Group warns its FY results are expected to be lower than current market expectations, citing project delays. "Whilst trading in the first half of 2016 was in line with expectations, the second half has seen delays in the commencement of infrastr
21-Oct-2016 07:14 AM

InterContinental Hotels has solid performance

InterContinental Hotels Group reports a solid performance in the third quarter, leveraging its global scale to drive 3.8% net system growth and 1.3% RevPAR growth. Highlights: - Global Q3 comparable RevPAR1 up 1.3%, and up 1.8% Q3 YTD - En
21-Oct-2016 07:14 AM

Time Out Group acquires Leanworks Ltd

Time Out Group announces the acquisition of the entire issued share capital of YPlan, on a debt free cash free basis. London-based YPlan is the "mobile-first" events discovery and booking platform. At the time of its IPO, Time Out stated it wo
21-Oct-2016 07:12 AM

BHP Billiton rejects Samarco charges

BHP Billiton has rejected criminal charges against its Brazilian subsidiary over the Samarco dam disaster. The company said it has noted a statement by the Brazil's Federal Prosecutor's Office that it has filed criminal charges before the feder
21-Oct-2016 07:10 AM

MBH's outlook

Michelmersh Brick has revised its financial expectations for the current year and believes revenue and profit will be at or around a similar level to that report for the full year 2015. "The Board is pleased to report that the Group's order bo
21-Oct-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK24/10/2016 12:00 CBI Realized Sales25/10/2016 09:30 BBA Mortgage Approvals25/10/2016 09:30 Index of Services 3m/3m25/10/2016 09:30 Prelim GDP q/q26/10/2016 00:05 GfK Consumer Confidence28/10/2016 10:30 Mor
21-Oct-2016 07:00 AM

Economic Events - Month Ahead Events

UK24/10/2016 12:00 CBI Realized Sales25/10/2016 09:30 Index of Services 3m/3m25/10/2016 09:30 Prelim GDP q/q25/10/2016 09:30 BBA Mortgage Approvals26/10/2016 00:05 GfK Consumer Confidence28/10/2016 10:30 Mor

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