MARKET TALK: Goldman Sachs Downgrades Ceres Power To Neutral
20th Jul 2010 10:24
0924 GMT [Dow Jones] Goldman Sachs downgrades Ceres Power (CWR.LN) to neutral from buy and slashes the price target to 75p from 350p. This follows the announcement on July 2 that the company is delaying the initial product sales of its combined heat and power boilers until mid-2012. Goldman says its
Read moreUK SMALLCAP ROUNDUP: Regal Petroleum Gets Ukraine Injunction
2nd Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps REGAL PETROLEUM PLC (RPT.LN), an oil and gas explorer, Friday got approval to continue drilling and production in the Ukraine after an order halting its
Read moreUK SMALLCAP ROUNDUP: Ceres Power's Boiler Trials Delayed Again
2nd Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CERES POWER HOLDINGS PLC (CWR.LN), a fuel cell company, Friday announced another delay to the trial of its combined heat-and-power boilers in people's ho
Read moreUPDATE: Ceres Power's Boiler Trials Meet Another Delay
2nd Jul 2010 11:23
(Adds detail, analysts' comments, share price) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fuel cell company Ceres Power Holdings PLC (CWR.LN) Friday announced another delay to the trial of its combined heat-and-power boilers in people's homes, which will stall the unit
Read moreCeres Power Holdings To End year With GBP40M Cash, Investments
2nd Jul 2010 07:37
LONDON (Dow Jones)--Ceres Power Holdings PLC (CWR.LN), an AIM-quoted alternative energy company, said Friday it expects to end its financial year on June 30, in a robust financial position with net cash and short-term investments of not less than GBP40 million, in line with previous guidance. MA
Read moreSmall caps round-up: Ascent Resources, DCC, Newmark...
18th May 2010 11:03
Pre-tax losses widened sharply at Europe-focused oil and gas group Ascent Resources in 2009 as the company felt the pinch of lower commodity prices. Pre-tax losses grew to £10.57m from £4.5m the previous year on revenues that narrowed to £890,000 from £1.47m. Managing director Jeremy Eng said: 'W
Read moreCeres Power chairman tops up stake
19th Apr 2010 16:14
Brian Count, chairman of the alternative energy group Ceres Power, has added to his stake in the company with the purchase of nearly £60,000 worth of shares. The company reported that Mrs JE Count a 'related party' bought 50,000 shares at 114.8p a time, taking his holding in the group to 257,850 sh
Read moreSector movers: Leisure stocks wanted
25th Mar 2010 15:04
Thomas Cook is among the stocks lifting the travel and leisure sector higher. The tour operator has echoed bullish comments from rival TUI and reports a steady increase in bookings for the Summer as consumer confidence recovers. Elsewhere in the sector, investors have an appetite for Gourmet Burg
Read moreSmall caps round-up: Ceres Power, Empyrean, Fortune Oil...
25th Mar 2010 12:33
Ceres Power's interim loss grew to £5.9m from £3.3m a year earlier as revenue slumped 39%, blamed on the £2m Alpha milestone completion payment from British Gas last June being recognised as revenue when earned, based on costs incurred over the Beta and Gamma phases. Brian Count, chairman of the UK
Read moreInchcape chairman buys
22nd Dec 2009 16:07
Inchcape non-executive chairman Ken Hanna has nearly doubled his stake in the vehicle distributor and dealer. Hanna has acquired 330,000 shares at 29.58p each, costing a total of £97,614. That takes his stake to 700,000 shares. Hanna acquired 333,000 shares at 6p each in April's rights issue. T
Read moreSmall caps round-up: Lifeline Scientific, Autologic, Bond...
23rd Sep 2009 13:10
The market liked Lifeline Scientific's maiden interim operating profit of $73,000 versus last year's loss of $3.1m, as the sale of 11 new LifePort kidney transporters helped revenue jump 123% to $7.75m. 'Trading was in-line with management's expectations during the first half and the board is confi
Read moreSmall caps round-up: Carluccio's, Helius Energy, Ceres ...
26th May 2009 10:56
Restaurant group Carluccio's said that it is no longer involved in discussions relating to a potential takeover of the company. Helius Energy, which installs biomass-powered renewable electricity generation plants, moved into profit in the half year to March 31 after selling its first project to R
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