Non-Exec at StatPro bumps up stake
20th Aug 2012 16:00
Mark Adorian, a Non-Executive Director of StatPro, has purchased 100,000 ordinary shares in the data solutions provider at 95p each. The £95,000 transaction takes Adorian's total holding to just over 2.6m shares, equal to 4.31% of the issued share capital. At the start of this month StatPro reveal
Read moreThursday broker round-up
16th Aug 2012 10:06
Aegis: UBS downgrades to neutral. Babcock: Espirito Santo downgrades to neutral. Balfour Beeatty: HB Markets downgrades to hold; Deutsche Bank downgrades to hold. BG Group: Morgan Stanley downgrades to equal weight. Capital Shopping Centres: Oriel Securities upgrades to hold. Carclo: N+1 Brewin
Read moreLondon close: Stocks maintain gains despite mixed data
14th Aug 2012 17:06
- Eurozone GDP in line - German and French data beats expectations - UK inflation rises in July Some better-than-expected economic growth data from Germany and France helped UK stocks hold on to gains on Tuesday; although London's benchmark index, the FTSE 100, was trading within a narrow range of
Read moreFTSE 250 movers: Henderson in top spot after boosting divi
14th Aug 2012 15:10
Henderson Group, a second tier fund manager, pleased investors with a small but 'solid' profit following a volatile half year, prompting an increase in the interim dividend. Egypt-focused gold miner Centamin which has stuck with its production guidance after second quarter output hit record levels
Read moreLondon midday: United Utilities leads stocks higher
14th Aug 2012 11:33
- UK CPI inflation rises in July - Eurozone GDP falls in line with forecasts - United Utilities up on takeover speculation The Footsie had moved broadly sideways in morning trade on Tuesday, holding on to the gains made in the opening hour, as investors digested a barrage of economic data from home
Read moreTuesday broker round-up
14th Aug 2012 09:29
BTG: Jefferies cuts target from 410p to 360p, hold rating kept. Capital & Counties: Jefferies initiates coverage with buy rating and 249p target. Centamin: Investec maintains buy rating and 95p target. Daily Mail & General Trust: UBS raises target from 380p to 465p, neutral rating kept. Dragon O
Read moreLondon open: Stocks gain as German GDP beats forecasts
14th Aug 2012 08:35
- German Q2 GDP above forecasts - Japanese stimulus could be on the agenda - Standard Life impresses as profits jump London's FTSE 100 advanced on Tuesday morning after German growth data beat expectations and investors hoped that policy-makers in Japan would step up to boost its economy. German e
Read moreRecord output at Centamin's Sukari mine
14th Aug 2012 07:30
Egypt may not have been the most restful place in which to operate in 2012 but Egyptian gold miner Centamin is sticking with its production guidance after second quarter output hit record levels. In the second quarter of 2012 gold production rose to 67,422 ounces at the Sukari Gold Mine, located in
Read moreStrike hits Centamin's Sukari production again
25th Jul 2012 09:01
Centamin has again stopped operations at its flagship Sukari gold mine in Egypt due to 'illegal labour unrest' from a 'small percentage' of the Sukari workforce, it said. The illegal work stoppage began as a result of a dispute during on-going discussions relating to general salary increases. The
Read moreLondon open: Chinese data provides a lift early on
13th Jul 2012 08:20
- Chinese GDP beats forecasts - Moody's downgrades Italy - Mining stocks gain on improved demand outlook Burberry and the miners were performing well on Friday morning after growth data from China came in above expectations, easing concerns about a 'hard landing' for the world's second-largest econ
Read moreWednesday tips round-up: Centamin, Michael Page, Melrose Resources
11th Jul 2012 07:28
Gold miner Centamin's operations are running better than anyone expected, but the political backdrop in Egypt has sunk the group's share price. Centamin has confirmed that this report is false, as did the chairman of the Egypt Mineral Resource Authority. The worries the report caused however saw the
Read moreLondon midday: Stocks surge after UK production data
10th Jul 2012 11:53
- UK industrial production beats estimates - Eurogroup gives Spain more time - Oil stocks rise after Norwegian lockout prevented London's FTSE 100 index rose strongly on Tuesday morning with resource stocks and banks providing a lift after some better-than-expected UK industrial production data. U
Read moreLondon open: Stocks flat after Eurogroup meeting
10th Jul 2012 08:47
- Eurogroup gives Spain extra time - Chinese trade surplus at three-year high - M&S maintains guidance despite LFL sales falling The Footsie opened broadly flat on Tuesday morning with investors digesting the the developments from yesterday's Eurogroup meeting. Eurozone finance ministers decided t
Read moreLondon pre-open: Flat start expected for FTSE
10th Jul 2012 07:35
City sources predict the FTSE 100 will open up two points from yesterday's close of 5,627 with gains in the US expected to do little to boost sentiment in early trading and with concerns over China again weighing on the benchmark. China's imports rose less than expected last month while export grow
Read moreCentamin hails record second-quarter
10th Jul 2012 07:05
Egypt-focused gold mining Centamin achieved record production in the second quarter and said that it saw strong performance on all key operating metrics. Centamin, which operates through its flagship Sukari Gold Mine, saw total gold production jump to 67,422 ounces in the three months to June 30th,
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