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Premier African Minerals hires mining funding veteran

Premier African Minerals hires mining funding veteran

Fri, 27 February 2015

The hiring of mining veteran Michael Foster by AIM-listed Premier African Minerals has been hailed by analysts at Shore Capital. Foster, who founded AIM-quoted ZincOx Resources and is a current direct... [more]

ITV confirms takeover talks with John de Mol's £500m-plus Talpa Media

ITV confirms takeover talks with John de Mol's £500m-plus Talpa Media

Fri, 27 February 2015

Broadcaster and programme maker ITV has confirmed it is in takeover talks with Talpa Media, the maker of reality television and dramas including 'The Voice' and 'Utopia' that has been valued at over £... [more]

Market Tech snaps up three more Camden Market properties

Market Tech snaps up three more Camden Market properties

Fri, 27 February 2015

Camden Market owner Market Tech has announced three property deals in the north London borough with large frontages along the Regents Canal. Market Tech, which floated in December, said it had agreed ... [more]

Former Sainsbury boss joins chicken processing firm

Former Sainsbury boss joins chicken processing firm

Fri, 27 February 2015

Former J Sainsbury boss Justin King has joined processing firm 2 Sisters as an adviser. The part-time role at 2 Sisters marks his first position since leaving Sainsbury. A 2 Sisters spokesman said: "... [more]

Redefine International plans major fundraising

Redefine International plans major fundraising

Fri, 27 February 2015

Shares in Redefine International were lower on Friday as the property investor said it was going to raise funds by issuing almost 10% more new shares. The FTSE 250 real estate investment trust (REIT),... [more]

RIT Cap Partners' portfolio net value reaches all-time high in 2014

Fri, 27 February 2015

Investment trust RIT Capital Partners said its total return in 2014 was 13.3%, while the net value of its portfolio had reached an all-time high. The group, which does not have a formal benchmark, sai... [more]

Spectris annual profit and sales hampered by challenging marketing conditions in China and Europe

Fri, 27 February 2015

Challenging market conditions in Europe and China weighed on Spectris' annual pre-tax profit and sales, the instrumentation and controls company said on Friday. The FTSE 250 group said its pre-tax pro... [more]

Berendsen laundry sales shrink in heat of currency markets

Fri, 27 February 2015

Full year results from laundry services group Berendsen were ill-received by the market after sales were hit by the strength of sterling, even though earnings still delivered growth. Management said t... [more]

IMI profits hit by weak European demand and currency headwinds

Fri, 27 February 2015

Engineer IMI said a strategic review and challenging market conditions weighed on its full year pre-tax profit but said it was already starting to see benefits from its new strategic plan. The FTSE 25... [more]

UBM annual profit rises, development strategy remains on track

Fri, 27 February 2015

PR Newswire owner and events firm UBM said lower costs and exceptional gains offset a decline in revenue driving annual pre-tax profit higher. The FTSE 250 group saw revenue for 2014 drop 6% to £746.3... [more]

Quindell drops after it asks shareholders to be patient with review

Fri, 27 February 2015

Insurance claims processor Quindell saw its shares slip on Friday after it asked its shareholders to be patient while it completes an independent review. The London-listed group, whose share lost 90% ... [more]

Optos soars on takeover offer from Japanese giant Nikon

Fri, 27 February 2015

Retinal imaging company Optos has recommended a £259m cash offer from Japanese giant Nikon. The 340p-a-share cash offer values the London-listed company 30% premium to Thursday night's closing price. ... [more]

Restaurant Group profit rises on new openings

Fri, 27 February 2015

Restaurant and pub operator Restaurant Group saw annual profit rise, as new restaurant openings drove an increase in revenue. The group, which owns restaurant chains Frankie & Benny's, Chiquito, Coast... [more]

Electrocomponents appoints new group chief executive

Fri, 27 February 2015

Electrocomponents has appointed Lindsley Ruth its new chief executive (CEO). He will take on the role from 1 April 2015. Ruth is currently the executive vice president at Future Electronics Group, whe... [more]

Rightmove annual profit jumps on higher revenue and increased website traffic

Fri, 27 February 2015

Online property portal Rightmove Plc Higher revenue saw its annual pret-ax profit increase, as revenue was boosted by growth in website traffic and higher average revenue per advertiser. The company s... [more]

William Hill falls as pre-tax profits falls on higher expenses

Fri, 27 February 2015

William Hill has reported a 9% drop in annual pre-tax profit to £233.9m as the gaming company's expenses increased. The group, which last week failed in a bid for online rival 888 Holdings, expensed £... [more]

Old Mutual profit rises 16% on economic growth in US and UK

Fri, 27 February 2015

Improving economic growth in Britain and the US saw insurance and investment group Old Mutual report a 16% increase in its operating profit for 2014, after a year of significant strategic development.... [more]

Pearson publishes flat sales but more stable markets in 2015, appoints new CFO

Fri, 27 February 2015

Closing out a two-year restructuring programme, Pearson has delivered results broadly in line with expectations and expressed confidence about returning to earnings growth in 2015 as its markets stabi... [more]

IAG turnaround takes off as profits soar, guidance lifted

Fri, 27 February 2015

Full year profits soared at International Consolidated Airlines in 2014 as its turnaround looks to be truly taking off, with the Anglo-Spanish carrier steering toward a near-doubling of operating prof... [more]

Intu maintains dividend as underlying earnings miss forecasts

Fri, 27 February 2015

UK shopping centre owner Intu Properties said property valuations improved last year but a fall in rents led to slightly lower underlying earnings per share (EPS), as it held its dividend payment stea... [more]

Lloyds Banking Group resurrects dividend as profits surge but miss forecasts

Fri, 27 February 2015

Lloyds Banking Group has resumed payment of its dividend after six years with a small payment of 0.75p as its balance sheet grew more solid, though full year profits fell short of market forecasts. Un... [more]

Rio Tinto streamlines group structure to cut costs, splits up energy division

Fri, 27 February 2015

Diversified mining group Rio Tinto has announced plans to streamline its product groups and corporate functions, dividing up its energy division as it looks to cut costs and simplify its structure. Un... [more]

First Derivatives acquires Prelytix for £13m

Thu, 26 February 2015

Software group First Derivatives has completed the acquisition of US-based data analysts Prelytix for £13m. First Derivatives, whose customers include investment banks, brokers and hedge funds, said t... [more]

Reach4entertainment in bank talks after warning on 2015 results

Thu, 26 February 2015

Theatrical and film marketing group Reach4entertainment (r4e) has warned that it has begun discussions with its bank and warned that results in 2015 will be lower than in 2014. The AIM-listed company,... [more]

Friday preview: Lloyds hopes to recommence dividend as it reports full-year results

Thu, 26 February 2015

Lloyds Banking Group is expected on Friday to announce its first dividend payment since its near-collapse in 2008 in its full-year results statement. The bank is waiting for the Prudential Regulation ... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
International Consolidated Airlines Group SA (CDI) 580.00 3.66 17:11
Associated British Foods 3,125.00 2.49 17:10
Intertek Group 2,530.00 2.43 17:10
InterContinental Hotels Group 2,650.00 2.12 17:10
Imperial Tobacco Group 3,193.00 2.08 17:08

FTSE 100 Top Fallers

Name Last Chg.% Time
Intu Properties 353.50 -5.10 17:07
Royal Bank of Scotland Group 367.20 -5.02 17:11
Barclays 256.90 -1.98 17:11
Weir Group 1,704.00 -1.73 16:56
Aberdeen Asset Management 468.60 -1.53 17:07