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Tuesday 09 July, 2013

09-Jul-2013 04:30 PM

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

Overall Market StratMin Global Resources PLC 18.25 4.29% Ariana Resources PLC 1.00 4.17% Sagicor Financial Corporation 39.00 4.00% Orogen Gold PLC 0.27
09-Jul-2013 04:29 PM

Motive loses court action against CCAN

Motive Television has lost a court battle to enforce its option to acquire CCAN's 32.3% interest in Motive Television S.L. for �?¬70,116. But the court in Barcelona rejected the action and has awarded CCAN costs (expected to be approximately �
09-Jul-2013 04:00 PM

Market Movers - Top risers and fallers at 16:00

FTSE 100 Vedanta Resources PLC 1093.00 8.43% Royal Bank of Scotland Group (The) 300.85 4.17% Schroders PLC 1864.50 3.47% Schroders PLC 2397.00
09-Jul-2013 03:30 PM

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

Overall Market Nyota Minerals Ltd 0.90 11.11% Scancell Holdings PLC 28.25 8.11% TXO PLC 0.18 5.88% Solo Oil PLC 0.33
09-Jul-2013 03:23 PM

AREOF starts legal action in Romanian

Argo Real Estate Opportunities Fund has started legal proceedings in the Romanian courts against New Europe Property Investments and Osterreichische Volksbanken-Aktiengesellschaft. NEPI is a competitor to AREOF in Romania. Volksbank is a lender to AREOF
09-Jul-2013 03:20 PM

Canaccord Genuity chairman steps down

Canaccord Genuity chairman Tim Hoare is stepping down and taking a role on Canaccord Financial's global advisory board. Canaccord Financial president and chief executive Paul Reynolds said: "Tim's partnership was an important part of Ca
09-Jul-2013 03:13 PM

Ideagen schedules FY results

Ideagen - a leading supplier of compliance based information management - will announce its results for the year to the end of April on 16 July. At 3:13pm: (LON:IDEA) share price was 0p at 19p Story provided by
09-Jul-2013 03:03 PM

DTEK sets up trading company in Switzerland

DTEK has set up a trading company for direct access to European energy markets. DTEK Trading SA - which was incorporated in Geneva on 20 June - will be dealing with coal and electricity trading in European markets. Domestic sales as well as exports to t
09-Jul-2013 03:00 PM

Market Movers - Top risers and fallers at 15:00

FTSE 100 Vedanta Resources PLC 1078.00 6.94% Royal Bank of Scotland Group (The) 302.35 4.69% Schroders PLC 1867.00 3.61% Schroders PLC 2404.00
09-Jul-2013 02:42 PM

Tangent resolutions passed at AGM

Tangent Communications has confirmed that all resolutions proposed at its annual general meeting earlier today (9 July) were duly passed. At 2:42pm: (LON:TNG) share price was -0.12p at 6.88p Story provided by
09-Jul-2013 02:33 PM

Marks & Spencer resolutions passed at AGM

Marks & Spencer has confirmed that all resolutions proposed at its annual general meeting earlier today (9 July) were passed. At 2:33pm: (LON:MKS) Marks and Spencer Group share price was -6.45p at 453.25p Story provided by
09-Jul-2013 02:30 PM

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

Overall Market Ark Therapeutics Group PLC 0.43 7.50% MEDGENICS INC. COM SHS USD0.0001 (D 275.00 6.80% Amara Mining 12.13 6.59% CPP Group PLC 3.20
09-Jul-2013 02:16 PM

Ark and Crawford terminate woundcare deal

Ark Therapeutics Group has confirmed that the contract for the sale of the woundcare business to Crawford Healthcare in 2011 has been terminated. Ark has agreed to release Crawford Healthcare from any future obligations under the contract in return for a
09-Jul-2013 02:12 PM

Medgenics unit gets $1.9m grant

Medgenics' wholly-owned subsidiary, Medgenics Medical Israel, has been awarded a government grant of up to NIS6.7m (approximately $1.9m) from the Office of the Chief Scientist at the Ministry of Industry, Trade and Labor of Israel. The grant will b
09-Jul-2013 02:08 PM

Broker News & Views

Investec upgrades Pearson from hold to add, target up from 1,150p to 1,250p. Canaccord Genuity cuts BAT from hold to sell, target down from 3,225p to 3,000p. Canaccord Genuity downgrades Imperial Tobacco Group from buy to hold, target price cut from 2900
09-Jul-2013 02:00 PM

Market Movers - Top risers and fallers at 14:00

FTSE 100 Vedanta Resources PLC 1048.00 3.97% Fresnillo PLC 954.50 3.64% Anglo American PLC 1289.00 3.53% Man Group PLC 90.38
09-Jul-2013 01:58 PM

Vietnam 'bad bank' unlikely to end bad debt woes, says Fitch

The creation of a Vietnamese asset management company, or 'bad bank', may not eradicate bad debt woes, Fitch Ratings says. The agency says the creation of a VAMC to buy non-performing loans is unlikely to fully resolve the banks' asset-qu
09-Jul-2013 01:49 PM

Infosys employees support Hurricane Sandy fund

Employees at Infosys, a global leader in business consulting and technology solutions, donated more than $30,000 to the Hurricane Sandy New Jersey Relief Fund in May. Infosys says that as the summer travel season is now in high gear, this contribution
09-Jul-2013 01:35 PM

Outlook for Colombia bond rating changed to positive

Moody's Investors Service has changed the outlook on Colombia's government bond rating to positive from stable. The Baa3 rating has been affirmed. Moody's says the outlook change is based on: 1. Expectations of continued fiscal consolidat
09-Jul-2013 01:30 PM

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

Overall Market @UK PLC 9.75 11.43% Hygea VCT Plc 70.00 6.87% Crescent Hydropolis Resorts Plc 3.55 5.03% W RESOURCES PLC ORD 0.1P 1.11
09-Jul-2013 01:23 PM

James Easdale joins Rangers board

Rangers International Football Club has appointed James Easdale as a non-executive director to the company. Easdale is an entrepreneur and a director of several businesses including McGill's Bus Service Limited, a leading independent bus operator in
09-Jul-2013 01:17 PM

Signet UK chief executive to leave

Signet Jewelers' UK chief executive Rob Anderson is leaving the company at the end of the month. Sebastian Hobbs has been promoted to the new position of managing director for the UK division, effective immediately. Hobbs will report to Signet CEO
09-Jul-2013 01:12 PM

Coalfield Resources to focus on property portfolio

Coalfield Resources is to focus solely on its property portfolio after noting that UK Coal Mine Holdings and UK Coal Operations had gone into administration. CfR completed a complex and fundamental restructuring in December following long-term and persi
09-Jul-2013 01:06 PM

Young's resolutions passed at AGM

Young & Co's Brewery has confirmed that all resolutions proposed at its annual general meeting earlier today (9 July) were duly passed by shareholders. At 1:06pm: (LON:YNGA) Young & Co's Brewery share price was -6.25p at 871.25p Story provi
09-Jul-2013 01:04 PM

Telekomunikacja Polska issues bonds to subsidiaries

Telekomunikacja Polska has issued PLN150.5m of short term bonds to subsidiaries in the past two days. Yesterday (8 July) it issued bonds of PLN50m with a redemption date of 22 July to PTK Centertel; bonds of PLN26m with a redemption date of 19 July to

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