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Thursday 02 May, 2013

02-May-2013 01:15 PM

Carpetright unveils senior management changes

Carpet and floor coverings retailer Carpetright has unveiled a series of changes to its senior management structure. Graham Harris will join the group as trading director with effect from 7 May. In this newly-created executive committee-level role, Grah
02-May-2013 01:06 PM

Robinson resolutions passed at AGM

Robinson - the custom manufacturer of plastic and paperboard packaging - has confirmed that all resolutions proposed at its annual general meeting were approved. At 1:06pm: (LON:RBN) Robinson share price was 0p at 148.5p Story provided by StockMa
02-May-2013 01:05 PM

DUPD net asset value falls 7%

Dragon-Ukrainian Properties & Development's net asset value ('NAV') fell by 7% to $198m in the year to the end of December. The net loss contracted by 80% to $15.3m from $77.5m in 2011. For the second consecutive year, the main contrib
02-May-2013 01:00 PM

Market Movers - Top risers and fallers at 13:00

FTSE 100 Imperial Tobacco Group PLC 2358.00 2.25% BG Group PLC 1112.00 2.07% Legal & General Group PLC 174.10 2.05% Antofagasta PLC 911.75
02-May-2013 12:56 PM

Losses cut at Polemos

Overall losses at Polemos have been substantially reduced in the year ended December 31 2012. The loss was £96,000, compared to nearly £4.3m in the previous year. Due to to the sale of two of the company's three subsidiaries and the loss of contr
02-May-2013 12:47 PM

Brokers' round-up, targets raised on Legal & General and Betfair

Panmure Gordon reiterates buy on Legal & General, target raised from 190p to 205p. Panmure Gordon reiterates buy on Betfair, target raised from 813p to 1000p. Deutsche Bank reiterates buy on Carphone Warehouse, target raised from 225p to 260p. Deutsche
02-May-2013 12:30 PM

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

Overall Market Mountfield Group PLC 1.20 20.00% Gold Oil PLC 1.85 6.94% Core VCT 5 22.25 5.95% Core VCT 4 20.50
02-May-2013 12:24 PM

Mountfield wins £3m flooring contract

Mountfield Group has announced that Connaught Access Flooring, the Group's specialist data centre flooring company, has entered into a £3m contract to supply and fit the flooring for the first stage of a major European data centre. This represents
02-May-2013 12:10 PM

Shire expects to deliver earnings growth in 2013

Shire has reported that its full year guidance for earnings per share remains in line with the market consensus. In the quarter to the end of March it generated $257m of cash while investing in its R&D pipeline. Flemming Ornskov, Chief Executive Officer
02-May-2013 12:00 PM

Market Movers - Top risers and fallers at 12:00

FTSE 100 Imperial Tobacco Group PLC 2370.50 2.80% BG Group PLC 1119.75 2.78% Legal & General Group PLC 174.40 2.23% Antofagasta PLC 911.75
02-May-2013 11:30 AM

Market Movers - Top risers and fallers between 10:00 and 11:00

Overall Market European Islamic Investment Bank PL 3.13 7.01% Pure Wafer PLC 4.50 5.88% Renold PLC 22.13 4.73% Trap Oil Group 11.13
02-May-2013 11:24 AM

Positive trend at Inmarsat continues

Andrew Sukawaty, chairman of Inmarsat, told shareholders at its AGM that the company was seeing a continuation of last year's positive trends in its core wholesale business. He said this has resulted in a good performance for Inmarsat Global at the
02-May-2013 11:00 AM

Market Movers - Top risers and fallers at 11:00

FTSE 100 BG Group PLC 1123.25 3.10% Imperial Tobacco Group PLC 2353.50 2.06% Smith & Nephew PLC 749.75 1.80% Legal & General Group PLC 173.55
02-May-2013 10:58 AM

Trapoil has new partners

TAQA Bratani UK, a subsidiary of Abu Dhabi National Energy Company, and CIECO Exploration and Production UK, a wholly owned subsidiary of ITOCHU Corporation, have entered into an arrangement with Trapoil to consider future exploration and appraisal oppor
02-May-2013 10:30 AM

Market Movers - Top risers and fallers between 09:00 and 10:00

Overall Market JPMORGAN CHINESE INVESTMENT TRUST P 1.13 50.67% Pursuit Dynamics PLC 1.88 20.51% Blue Star Capital PLC 0.45 12.50% Totally PLC 1.60
02-May-2013 10:29 AM

Invensys Rail disposal completed

Invensys has finalised the disposal of Invensys Rail to Siemens. The two companies completed on the deal earlier today. At 10:29am: (LON:ISYS) Invensys share price was -4.85p at 385.85p Story provided by
02-May-2013 10:02 AM

Xstrata, Glencore complete all-share merger

Xstrata said the all-share merger of it and Glencore International has completed. An application has been made to the UK Listing Authority requesting the cancellation of the listing of Xstrata ordinary shares on the Official List as well as the trading o
02-May-2013 10:00 AM

Market Movers - Top risers and fallers at 10:00

FTSE 100 BG Group PLC 1123.25 3.10% Antofagasta PLC 911.25 1.82% Smith & Nephew PLC 748.50 1.63% Reed Elsevier PLC 740.00
02-May-2013 09:59 AM

EFG Hermes-QInvest confirm expiry of JV agreement

The joint venture agreement between EFG Hermes and QInvest has been terminated after failing to receive regulatory approvals from the Egyptian Financial Supervisory Authority. The two group said they had received regulatory approvals in all other markets
02-May-2013 09:57 AM

Interest-only mortgage customers at risk, says CAB

Citizens Advice warns that borrowers with interest-only mortgages which mature in the next seven years could face a shock if their plans for repaying the capital leave them with a shortfall. Gillian Guy, Chief Executive at national charity Citizens Advi
02-May-2013 09:53 AM

iEnergizer agrees new debt financing

iEnergizer has agreed a six-year senior secured term loan facility of US$135m with a syndicate of commercial lenders, arranged by Jefferies Finance LLC. iEnergizer says the facility is on attractive commercial rates and is secured against the assets of
02-May-2013 09:50 AM

Lloyd's of London FY expectations unchanged

Lloyd's of London's says there have been no events that have resulted in any material changes to its expectations for the full year. But it says management's estimate of the excess of central assets over solvency shortfalls has increased d
02-May-2013 09:45 AM

Carclo growth prospects 'substantial'

Carclo believes growth prospects for subsequent financial years are substantial after noting comments on XSense and Conductive Inkjet Technology by Atmel Corporation executives. Carclo says that based on Atmel's adjusted XSense revenue guidance for
02-May-2013 09:36 AM

IDS enters into Chinese diagnostics market

Immunodiagnostic Systems Holdings has appointed Beijing Leadman Biochemistry Technology as exclusive distributor for the IDS-iSYS instrument and assays in China. In addition, IDS and Leadman have signed a research and development agreement which cover
02-May-2013 09:32 AM

Leyshon unit agrees exploration period extension

Leyshon Resources subsidiary Pacific Asia Petroleum Limited and its partner on the Zijinshan production sharing contract have agreed to extend the exploration period of the PSC to the end of 2017. The PSC is valid for 30 years and expires in 2038. Leys

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