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Clean Air Power readies shareholders for disappointing results

Clean Air Power readies shareholders for disappointing results

Fri, 19 September 2014

Clean Air Power (CAP), a San Diego based developer of compression-ignited natural gas engine management systems, expects results to be "significantly below" average due to trading difficulties. The ... [more]

Lansdowne Oil & Gas widens losses in first half

Lansdowne Oil & Gas widens losses in first half

Fri, 19 September 2014

Lansdowne Oil & Gas (LOGP) widened its first half loss as operating expenses increased significantly. The Irish upstream oil and gas company reported a loss before tax of £746,000, compared to £342,00... [more]

Tandem Group swings to profit

Tandem Group swings to profit

Fri, 19 September 2014

Tandem Group, the Britain-based designer, developer and distributor of sports and leisure products, swung to profit in the first six months of 2014. The Bromwich-based firm said it had gone through a ... [more]

Orosur Mining production back on track but costs rise

Orosur Mining production back on track but costs rise

Fri, 19 September 2014

Canada-based Orosur Mining said production was back on track in the three months to August, but costs were on the rise. The company announced that production at its San Gregorio mine in Uruguay was in... [more]

Alibaba shares soar in stock market debut - UPDATE

Alibaba shares soar in stock market debut - UPDATE

Fri, 19 September 2014

The Alibaba Group started trading at $92.70 per share on the New York Stock Exchange (NYSE), sharply higher than the $68 per share at which it had been priced. The latter of those two prices already c... [more]

CVS Group yearly profits up 17.8%

Fri, 19 September 2014

Strong performances across its different divisions, saw veterinary services provider CVS Group post pre-tax profits of £14.3m for the year ended June 30, a 17.8% increase year-on-year. Revenues were u... [more]

Mobile Tornado Group narrows its pre-tax first half loss

Fri, 19 September 2014

Mobile Tornado Group, the British provider of instant messaging solutions, narrowed its pre-tax loss in the first six months of 2014 despite a fall in revenue. The firm, which also announced it has si... [more]

BrainJuicer Group reports modest revenue in first half

Fri, 19 September 2014

International market research agency Brainjuicer blamed strong currency headwinds for a limited growth in revenue in the first half of the year. The company saw its revenue grow 4% to £11.2m in the si... [more]

Evraz confirms plans of an IPO for North American unit

Fri, 19 September 2014

Multinational mining company Evraz confirmed on Friday it is considering an initial public offering (IPO) of its North American subsidiary. The announcement said the company "remains committed to its ... [more]

GSK found guilty in China of bribing personnel

Fri, 19 September 2014

GlaxoSmithKline (GSK) has been found guilty in China of bribing non-government personnel with money or property to promote its products, the company revealed on Friday. The verdict follows investigati... [more]

Angle to collaborate with USC Norris on breast cancer treatment

Fri, 19 September 2014

AIM-listed medtech group Angle has signed a collaboration agreement with the University of Southern California (USC) Norris Comprehensive Cancer Center to investigate the clinical use of the Parsortix... [more]

Surgical Innovations dives after profit warning

Fri, 19 September 2014

AIM-listed Surgical Innovations Group has warned that both its revenue and profit will be "significantly below market expectations" for the full year. It blamed the reduction of income on the continue... [more]

Just Eat Brazilian subsidiary merges with iFood

Fri, 19 September 2014

Online takeaway marketplace Just Eat said it will merge its Brazilian business RestauranteWeb with online restaurant delivery iFood to expand its business in the South American market. The joint ventu... [more]

WPP subsidiary acquires Mongolian agency

Fri, 19 September 2014

Advertising, media and communications giant WPP on Friday said its subsidiary Y&R Advertising has acquired Mongolian creative agency MCS Holding LLC. The agency will change its name to Y&R Mongolia an... [more]

Domino Printing making progress, but cautious about 2015

Fri, 19 September 2014

Inkjet, laser and thermal printing group Domino Printing has reported that sales in the 10 months to the end of August were up 4% on last year, and said it was "pleased" with its progress over the fir... [more]

Alibaba said to have priced its IPO at $68, at the top end of its indicative range -WSJ

Thu, 18 September 2014

Chinese electronic commerce giant Alibaba has set the price for its US initial public offering at $68 per share — at the top end of the expected range — according to Dow Jones Newswires. T... [more]

Evraz prepares spin-off and IPO in the US "within days", reports say

Thu, 18 September 2014

Multinational mining company Evraz is preparing a spin-off and an initial public offering (IPO) of its North American unit, reports said. The largest producer of steel saw its shares rise 9.2% to 143p... [more]

Friday preview: Referendum result due at 7am, BoE on 'stand-by'

Thu, 18 September 2014

Rather politely, there is a dearth of major macroeconomic news and planned company announcements due on Friday, as Scotland's independence referendum result is delivered. The final opinion polls befor... [more]

Connemara Mining raises funds to cut costs

Thu, 18 September 2014

Connemara Mining company raised £400,800 on Thursday by issuing 20m shares at a price of 2p per share. The funding will allow the company to work on its portfolio of exploration projects in Ireland an... [more]

French Connection trims losses but "cautious" about second half

Thu, 18 September 2014

French Connection Group lost a tenth of its market value on Thursday after the fashion company's chairman and chief executive Stephen Marks said he was "cautious about the second half". Reveneus decli... [more]

Premier Farnell pleases with first-half growth

Thu, 18 September 2014

Premier Farnell cheered with its first-half results, which it said reflected the gradual improvement in the market backdrop and lower finance costs. Adjusted first-half sales climbed 3.3% on an underl... [more]

Segro completes sale of Pegasus business park

Thu, 18 September 2014

Segro, which develops warehousing and light industrial properties, has completed the sale of Pegasus business park. It sold the site for £66.2m. Shares in the company had inched 0.28% higher to 362... [more]

Vehicle hire group Northgate sees Q1 growth across UK and Spain

Thu, 18 September 2014

Commercial vehicle hire group Northgate said that the business is trading in line with expectations with the average number of vehicles on hire up 10% year-on-year in the first quarter at both its UK ... [more]

Monitise sinks after Visa plans to assess investment

Thu, 18 September 2014

Shares in mobile money group Monitise were taking a hit on Thursday after Visa revealed that it was undertaking an assessment of its stake in the company. Visa said the move was consistent with its "i... [more]

International PPL takes "key step" in Lincs offshore transmission project

Thu, 18 September 2014

International Public Partnerships (INPP) said it has taken a "key step" with the Lincs offshore transmission project following an announcement by Ofgem. INPP is part of a consortium that was selected ... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
3i Group 398.90 3.29 17:11
St James's Place 721.00 3.00 17:13
Direct Line Insurance Group 300.00 2.74 17:11
Royal Bank of Scotland Group 366.00 2.46 17:13
Babcock International Group 1,091.00 2.44 17:11

FTSE 100 Top Fallers

Name Last Chg.% Time
Randgold Resources Ltd. 4,355.00 -1.69 17:13
Rio Tinto 3,179.00 -1.56 17:13
Wolseley 3,315.00 -1.40 17:15
BHP Billiton 1,793.50 -1.27 17:11
Anglo American 1,472.00 -1.17 17:11