Small caps round-up: Ariana Resources, Michelmersh, ReNeuron...
12th Jul 2010 08:31
Shares in Ariana Resources rallied after the Turkey-focused gold miner announces the completion of its joint venture agreement with Proccea to develop the Red Rabbit Project in western Turkey. The group said results from the recent resource drilling programme are expected shortly. Managing directo
Read moreUK SMALLCAP ROUNDUP: Diploma Earnings To Beat Market Views
8th 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 DIPLOMA PLC (DPLM.LN), a supplier of technical products like hydraulic seals and wiring for control systems, Thursday said it expects fiscal-year earning
Read moreUK SMALLCAP ROUNDUP: Connaught's CEO, Finance Director Resign
8th 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 CONNAUGHT PLC (CNT.LN), a U.K. support services firm, Thursday said its chief executive and finance director have resigned from their roles, a week after
Read moreUPDATE: Ithaca Energy Fully Funded After Raising C$158 Mln
8th Jul 2010 12:08
(Adds executive comment and detail.) By Rachael Gormley and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Thursday said it now has enough money to bring its Stella, Harrier and Hurricane projects into production
Read moreUK SMALLCAP ROUNDUP: JJB Sports Posts Six-Week Sales Leap
8th Jul 2010 09:30
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 JJB SPORTS PLC (JJB.LN), a U.K. sportswear retailer, said sales at its stores open more than a year rose 22.3% in the six weeks to July 4, adding a trial
Read moreIthaca Energy Secures C$158M Financing To Fund Projects
8th Jul 2010 07:29
LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Thursday said it has agreed C$158 million of financing which, along with its existing debt facility, will fully fund all of its current projects through to first production. The proceeds are planned to be used t
Read moreSmall caps round-up: Ithaca, Ambrian Capital, Providence...
6th Jul 2010 12:07
Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker
Read moreUK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut
6th Jul 2010 09:30
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 RM PLC (RM.LN), a provider of educational products and services, Tuesday said GBP200 million of future revenue is under threat from the U.K. government's
Read moreIthaca Energy 2Q Oil Production Up On Beatrice, Jacky Fields
6th Jul 2010 07:49
LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Tuesday reported increasing production throughout the second quarter as the Beatrice field came back online after an outage in the first quarter and its Jacky field performed above its own expectations. Ithaca
Read moreSunday tips round-up: GlaxoSmithKline, Brooks Macdonald, Gulfsands Petroleum
2nd May 2010 11:07
GlaxoSmithKline's first-quarter results showed strategic progress in the group's mission to move away from "white pill/western markets" to emerging economies and consumer products. The results were ahead of market expectations and showed good progress in its strategic plan. Trading on a December 2
Read moreTuesday tips round-up: Cobham, Vernalis, Immunodiagnostic Systems
13th Apr 2010 06:01
Cobham trades on a surprisingly thin multiple of 11.6 times Evolution's forecasts for 2010. That falls to 10.8 times on the numbers for 2011, suggesting that the market may be pricing in too much disappointment while at the same time overlooking the potential for growth. The Independent said buy in
Read moreIthaca posts FY net profit of $7.9m
12th Apr 2010 08:41
Canadian independent oil and gas company Ithaca Energy reported a full year net profit US$7.9m, helped by increased production, sales and a surge in oil prices. Revenues rose to $110.8m from $3.28m before, provided mostly by oil sales of $101.3m and from the provision of facilities and services at
Read moreSmall caps round-up: Cobra Bio-Manufacturing, Cadogan, Oilex...
11th Nov 2009 09:28
Cobra Bio-Manufacturing is is discussions which may or may not lead to an offer being made for the company. In a standard statement, Cobra said the talks still remain at a preliminary stage. Cadogan Petroleum continues to reduce expenditure whilst re-evaluating its oil and gas assets in Ukraine. Ca
Read moreLondon close: Late rally leaves Footsie little changed
19th Aug 2009 17:14
Share prices of London's leading stocks closed mixed, thanks to a late rally, after the market had spent most of the day in retreat. ENRC was the day's star performer despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut in half but investors were e
Read moreLondon afternoon: Lloyds provides some cheer
19th Aug 2009 14:14
The bears are back in command today with the blue-chip index in the red, though the size of the decline has been exacerbated by a number of index constituents trading in ex-dividend form. Former Bank of Ireland governor Richard Burrows is to be the new chairman of Lucky Strike maker British Americ
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