UK SMALLCAP ROUNDUP:Rockhopper Exploration Chairman Builds Stake

6th 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 ROCKHOPPER EXPLORATION PLC (RKH.LN), a Falkland Islands-focused oil and gas explorer, said Tuesday Executive Chairman Pierre Jungels bought another 23,35

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London afternoon: Rally continues

6th Jul 2010 14:03

London stocks made further headway over the lunchtime session, with banks and miners still leading the way. Antofagasta, Kazakhmys, Xstrata, Vedanta and Rio Tinto are the stand out performers in the mining sector, as commodity stocks come back into fashion after their recent buffeting, though gold

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UK SMALLCAP ROUNDUP: Rockhopper Exploration Chmn Builds Stake

6th 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 ROCKHOPPER EXPLORATION PLC (RKH.LN), a Falkland Islands-focused oil and gas explorer, said Tuesday Executive Chairman Pierre Jungels bought another 23,35

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London midday: Equities advance on broad front

6th Jul 2010 12:14

Footsie ended the morning sporting a triple digit gain with just a couple of index constituents failing to participate in the advance. Banks and miners are vying to drive the market higher with miners winning through weight of numbers. Antofagasta, Kazakhmys, Xstrata, ENRC and Rio Tinto are the s

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Spice refuses to discuss new Cinven offer

6th Jul 2010 11:54

Outsourced utility support services group Spice is still resisting the bid overtures of Cinven even though the European buy-out specialist has increased its indicative offer. The new conditional offer from Cinven is in the range of 62p to 65p per Spice share, up from its sighting shot of 56p announ

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UK 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

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INTERVIEW: Spice Plans "Meaningful" Debt Reduction In FY11

6th Jul 2010 08:46

By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Utility support services group Spice PLC (SPI.LN) is targeting a "meaningful reduction" in net debt in the fiscal 2011, Group Finance Director Oliver Lightowlers said Tuesday, which would be accelerated by any further disposals.

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Spice: Increased Possible Offer From Cinven Undervalues Firm

6th Jul 2010 07:25

LONDON (Dow Jones)--Utility support services group Spice PLC (SPI.LN) Tuesday said it has received an increased conditional proposal from European buyout firm Cinven Group Ltd in the range of 62 to 65 pence a share, but said this offer still undervalues Spice. Last month the company said an ind

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London close: Higher finish for FTSE 100

15th Jun 2010 16:39

British Satellite Broadcasting (BSkyB) was in focus Tuesday, climbing more than 16% to help Footsie to a higher finish after an offer from News Corp. News Corporation, the vehicle of media magnate Rupert Murdoch, is fed up being a 39.1% minority shareholder in BSkyB and wants to gain full control o

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UK SMALLCAP ROUNDUP: GMA Resources Rises On Equity Talks

15th Jun 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 GMA RESOURCES PLC (GMA.LN), a gold miner, Tuesday said it is in talks with a potential provider of new equity capital. The company said it expects to

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London afternoon: British Airways soars on ACAS news

15th Jun 2010 14:35

Shares have largely moved sideways in the afternoon session, with the sharp rise by British Satellite Broadcasting (BSkyB) more than offsetting the loss on BP, which is once again featuring high on traders' sell lists after ratings agency Fitch downgraded the oil giant's credit rating. News Corpora

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UK SMALLCAP ROUNDUP: NewRiver Retail Eyes Maiden Dividend

15th Jun 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 NEWRIVER RETAIL LTD. (NRR.LN), a retail property group, said it hopes to declare its maiden dividend in the next 12 months. "I would be disappointed

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London midday: Tesco joins market advance

15th Jun 2010 11:53

Though prices came off in the last hour of the morning Footsie still had a positive session, with equities boosted by the release of better than expected inflation figures. The annual rate of inflation fell to 3.4% in May from 3.7% the previous month. The fall was more than had been expected, but

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UPDATE: Spice Says Cinven's Possible Offer Undervalues Firm

15th Jun 2010 09:33

(Adds response from Spice, share price and detail.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Utility support services group Spice PLC (SPI.LN) Tuesday said the indicative possible offer price of 56 pence a share from European buyout firm Cinven Group Ltd is opportuni

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UK SMALLCAP ROUNDUP: Alexon Sales Hit By Volcanic Disruption

15th Jun 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 ALEXON GROUP PLC (AXN.LN), a U.K. women's clothing retailer, Tuesday said sales at its stores open more than a year fell 5.4% in the 19 weeks to June 12,

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