Arkle Resources identifies new gold target at Inishowen
17th Sep 2019 10:50
(Sharecast News) - Irish gold and zinc exploration and development company Arkle Resources, formerly known as Connemara Mining Company, announced that a new gold target has been identified at its wholly-owned Inishowen Gold Project on Tuesday.
Read moreLondon close: Stocks in late surge
18th Aug 2009 16:36
A late rally driven by early gains in the US had London back up at session highs, with gains among financial plays easily offsetting a weaker property sector. Investors overcame disappointing US housing starts data that had the blue chip index struggling at session lows mid-afternoon. The annual ra
Read moreLondon afternoon: Gains pegged after US housing data
18th Aug 2009 14:37
Disappointing US housing starts data took the wind out of London's sales over the lunchtime session, though the blue-chip FTSE 100 index remains in the blue. Housing starts are seen as one of the vital signs of the US economy and July's figures disappointed, with the annualised number of housing sta
Read moreTechMARK movers: Innovation drops
18th Aug 2009 12:34
Property and insurance software group Innovation dropped despite saying that full-year pre-tax profit is expected to be within the range of market forecasts. 'Despite reduced claims volumes, customer retention has been good and the pipeline remains strong. Recently announced wins help underpin rev
Read moreSector movers: ARC bid acceptance lifts tech stocks
18th Aug 2009 12:11
Chip designer ARC International is leading the technology hardware and equipment sector higher after recommending a £25.2m cash bid from US semiconductor intellectual property firm Virage Logic. The 16.25p a share investors will receive is a 38% premium to the price traded a day before the UK firm
Read moreLondon midday: Properties left behind in market rally
18th Aug 2009 12:00
Once again mining stocks are in the driving seat but today they are driving the market north, with many stocks recovering some of yesterday's heavy losses. Xstrata, ENRC, Kazakhmys and Lonmin are the picks of the mining sector, along with cash strapped Rio Tinto, which has received a $2.025bn offe
Read moreLondon open: Footsie fights back
18th Aug 2009 08:11
London's top stocks are winning back some of the heavy losses it posted yesterday, with miners among the main risers. Xstrata is the best blue chip performer in early dealings, closely followed by Rio Tinto, Randgold Resources and Kazakhmys. Cash strapped miner Rio Tinto has received a $2.025bn of
Read moreARC International accepts Virage bid
18th Aug 2009 07:24
Chip designer Arc International is recommending a £25.2m cash bid from US semiconductor intellectual property firm Virage Logic. The 16.25p a share investors will receive is a 38% premium to the price traded a day before the UK firm announced it had received an approach back in July. Virage has re
Read moreSmall caps round-up: ServicePower, Arc International, Puricore...
5th Aug 2009 12:36
Field engineer software specialist ServicePower said it recently received an expression of interest from a potential suitor, which was below the price it would recommend the offer. "The expression of interest was at a value deemed below that at which the Board would consider recommending to share
Read moreLondon close: Upward march recommences
29th Jul 2009 16:47
Footsie was back to winning ways Wednesday as investors digested a stream of company updates. Fund manager Schroders led the way after Morgan Stanley upgraded the firm to "overweight" from "underweight" and raised its price target to 1,045p from 710p. Rexam was the major faller after it launched
Read moreLondon afternoon: Financials lift Footsie
29th Jul 2009 14:33
Risers outnumber fallers by around three to one among FTSE 100 constituents, as the blue-chip index resumes its upward climb following yesterday's pause for breath. Financial stocks lead the advance, with insurers Aviva, RSA and Standard Life to the fore, as is part-nationalised bank Royal Bank of
Read moreARC jumps on bid approach
29th Jul 2009 12:37
Shares in Arc International jumped after the chip designer confirmed it is in talks with an unnamed third party regarding a potential offer for the group. "ARC notes today's movement in the company's share price and confirms that it is in discussions with a third party which may or may not lead to
Read moreArc sees drop in first half revenues
20th May 2009 10:00
Chip designer Arc International expects to report a year-on-year drop in first half revenues as market conditions remain challenging. The group said it is expecting to generate revenues for the first half of between £6m to £8m compared with £9.3m in the same period last year. Arc added that its l
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