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Recent News

Wednesday 13 March, 2013

13-Mar-2013 04:30 PM

Market Movers - Top risers and fallers between 15:00 and 16:00

Overall Market Motive Television PLC 0.04 33.33% Sopheon PLC 7.00 9.72% Tristel PLC 24.00 9.09% Eastcoal 4.63
13-Mar-2013 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Thomas Cook Group PLC 102.50 17.82% Prudential PLC 1119.50 8.79% Man Group PLC 101.95 3.82% Home Retail Group PLC 132.55
13-Mar-2013 03:37 PM

New airline compensation rules unveiled by EU

The European Commission are planning to introduce new rules aimed at clarifying the rules under which air air passengers can receive compensation. They also include the right for travellers to be rerouted on a rival carrier if a flight is delayed for mor
13-Mar-2013 03:30 PM

Market Movers - Top risers and fallers between 14:00 and 15:00

Overall Market Motive Television PLC 0.04 33.33% Eastcoal 4.38 20.66% Spark Ventures Plc 11.75 17.50% Metalrax Group PLC 3.13
13-Mar-2013 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 Thomas Cook Group PLC 104.88 20.55% Prudential PLC 1109.50 7.82% Man Group PLC 102.15 4.02% Home Retail Group PLC 131.80
13-Mar-2013 02:43 PM

AvangardCo ratings affirmed by Fitch

AvangardCo Investments' long-term foreign currency issuer default rating has been affirmed at 'B' with stable outlook by Fitch. The Ukraine egg producer's long-term local currency IDR was affirmed at 'B' and placed on ratin
13-Mar-2013 02:38 PM

Ford Eagle Group unveils board changes

Ford Eagle Group has promoted Chin Pang (Stanley) Tse to the board as chief executive and welcomed Xinyan (Daemon) Wong as an executive director. Wong brings additional analytical skills to the executive team of the company. Due to business commitments
13-Mar-2013 02:32 PM

Broker News & Views

Oriel Securities upgrades IG Group Holdings to buy from hold, target price 610p, raised from 500p. HB Markets upgrades Antofagasta to buy from hold. Berenberg cuts Standard Chartered to sell from hold, 1450p target unchanged. JP Morgan Cazenove lifts Re
13-Mar-2013 02:30 PM

Market Movers - Top risers and fallers between 13:00 and 14:00

Overall Market KEMIN RESOURCES PLC ORD 1P 41.00 15.49% Central Rand Gold Ltd 0.58 9.43% Creat Resources Holdings Plc 0.38 8.57% Creightons PLC 3.38
13-Mar-2013 02:13 PM

MDM-Sedgman merger cleared by SA Competition Commission

MDM Engineering's proposed merger with Sedgman has been approved by the Competition Commission of South Africa. At 2:13pm: (LON:MDM) share price was -2p at 174.5p Story provided by
13-Mar-2013 02:05 PM

US business inventories up 1.0%

US business inventories rose by 1.0% in January to a seasonally-adjusted $1,642.2bn. The US Commerce Department says the figure is 5.6% up from January 2012. Story provided by
13-Mar-2013 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Thomas Cook Group PLC 100.63 15.67% Prudential PLC 1080.50 5.00% Man Group PLC 102.70 4.58% Home Retail Group PLC 131.40
13-Mar-2013 01:55 PM

Oxus Gold amends equity funding agreement

Oxus Gold has amended the terms of its existing equity finance facility with Darwin Strategic, a subsidiary of Henderson Global Investors Volantis Capital, the terms of which were announced on 20 August 2012. Under the new terms, Darwin will provide Oxu
13-Mar-2013 01:50 PM

Unions accept Iberia mediatior's proposal

International Airlines Group has noted that trade unions representing most of Iberia's employees have accepted the proposal from the government's mediator. At 1:50pm: (LON:IAG) share price was +0.95p at 258.15p Story provided by StockMarke
13-Mar-2013 01:47 PM

Lord 'Digby' Jones steps down from Flybe board

Flybe Group independent non-executive director Lord 'Digby' Jones of Birmingham has stepped down from the board with immediate effect to concentrate on his other business interests. Chairman and chief executive Jim French said: "I'd l
13-Mar-2013 01:30 PM

Market Movers - Top risers and fallers between 12:00 and 13:00

Overall Market Xtract Energy PLC 0.19 26.67% Turbo Power Systems Inc 0.53 8.16% Central Rand Gold Ltd 0.57 7.55% KEMIN RESOURCES PLC ORD 1P 37.50
13-Mar-2013 01:29 PM

Fitch affirms Garant's IFS rating at 'A-'

Fitch Ratings has affirmed Garant Versicherungs Aktiengesellschaft Vienna's insurer financial strength rating at 'A-'. The outlook is stable. Garant is 83%-owned by the state-owned public Belgian credit insurer, Office National du Ducroire
13-Mar-2013 01:13 PM

Ascot continues to seek new funding

Ascot Mining has still not received payment of the $10m due from a subscriber of preference shares. The company says it is continuing its efforts to secure new funding in order to remedy the situation caused by the default of the contractually obligated
13-Mar-2013 01:06 PM

Move to oust Exillon chairman is dropped

A move to oust Exillon Energy's chairman, David Herbert, and appoint three new directors has been dropped. Worldview Capital Management - the manager of a Cayman-registered fund which beneficially owns a stake in Exillon - has withdrawn its requisit
13-Mar-2013 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 Thomas Cook Group PLC 100.13 15.09% Prudential PLC 1082.50 5.20% Man Group PLC 102.75 4.63% Home Retail Group PLC 131.55
13-Mar-2013 12:57 PM

Mothercare director to stand down

It has been announced that David Williams will be leaving the Board of Mothercare. He has served as a director for nine years and will stand down after the AGM in July. At 12:57pm: (LON:MTC) Mothercare share price was -4.5p at 288.5p Story provided
13-Mar-2013 12:50 PM

Minco encouraged by Canadian test results

Minco (AIM - "MIO"), together with its partner, Buchans Minerals Corporation, has reported successful results of a preliminary bench scale pre-concentration test programme conducted on a composite sample from the Plymouth deposit located on the
13-Mar-2013 12:45 PM

Brokers' round-up, buy IG Group and Centamin

Oriel Securities lifts IG Group Holdings to buy from hold, target 610p from 500p. Westhouse Securities lifts Centamin to buy from neutral, 65p target unchanged. HB Markets lifts Antofagasta to buy from hold. HSBC cuts Balfour Beatty to neutral from ove
13-Mar-2013 12:32 PM

Motive anticipates revenue from Digiturk project

Motive Television has commented on market speculation about its progress on the Digiturk project. At the beginning of the month it said it was currently in negotiation with Digiturk, the largest satellite broadcaster in Turkey relating to further contra
13-Mar-2013 12:30 PM

Market Movers - Top risers and fallers between 11:00 and 12:00

Overall Market Motive Television PLC 0.03 50.00% Frontier IP Group PLC 10.75 19.44% KEMIN RESOURCES PLC ORD 1P 35.00 18.64% Sunkar Resources PLC 10.00

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