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FTSE 100, Dow Jones, S&P 500 and NASDAQ seen higher on Monday: The upcoming week is going to be quiet in term of corporate results, however investors will have a flurry of economic data to digest, which will include inflation numbers for the EU, UK and the US and Bank of England interest rate minutes. Textile maintenance services provider Davis Service Group (LSE: DVSG) is set to release its final report on Monday. Bank Close Brothers Group (LSE: CBG) will report on its interim results on Tuesday, while IP commercialisation company Amphion Innovations (AIM: AMP), security services group G4S (LSE: GFS) and oil and gas services company Wellstream Holdings (LSE: WSM) will release their finals. On Wednesday, property company Derwent London (LSE: DLN), Hikma Pharmaceutical (LSE: HIK) and direct marketing software developer smartFOCUS (AIM: STF) will report on their final results. Housebuilder Taylor Wimpey (LSE: TW) will release its annual report. Market research group Aegis (LSE: AGS), medical technology company Biocompatibles International (AIM: BII), bakery chain Greggs (LSE: GRG), electronic components distributor Premier Farnell (LSE: PFL) and oil and gas producer Salamander Energy (LSE: SMDR) will report on their final results on Thursday. Temporary power provider Aggreko (LSE: AGK) will release its annual report. Next week’s economic updates will include Empire State Manufacturing Survey and US industrial production as well as Japan’s consumer confidence data on Monday, US housing starts on Tuesday and EU and UK inflation numbers on Tuesday, US producer prices, Bank of England interest rate minutes and UK unemployment rate on Wednesday, US inflation and jobless claims number, Philly Fed index and UK mortgage approvals on Thursday and Germany’s producer price index on Friday. The FTSE 100 is currently projected to add 0.2% on Monday to extend last week’s gains, while the Dow Jones Industrial Average is seen 0.1% higher. The broader S&P 500 index and the technology heavy NASDAQ composite are set to follow Dow.
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FTSE 100 seen higher ahead of EU, US and UK inflation data: The upcoming week is going to be quiet in term of corporate results, however investors will have a flurry of economic data to digest, which will include inflation numbers for the EU, UK and the US and Bank of England interest rate minutes. Textile maintenance services provider Davis Service Group (LSE: DVSG) is set to release its final report on Monday. Bank Close Brothers Group (LSE: CBG) will report on its interim results on Tuesday, while IP commercialisation company Amphion Innovations (AIM: AMP), security services group G4S (LSE: GFS) and oil and gas services company Wellstream Holdings (LSE: WSM) will release their finals. On Wednesday, property company Derwent London (LSE: DLN), Hikma Pharmaceutical (LSE: HIK) and direct marketing software developer smartFOCUS (AIM: STF) will report on their final results. Housebuilder Taylor Wimpey (LSE: TW) will release its annual report. Market research group Aegis (LSE: AGS), medical technology company Biocompatibles International (AIM: BII), bakery chain Greggs (LSE: GRG), electronic components distributor Premier Farnell (LSE: PFL) and oil and gas producer Salamander Energy (LSE: SMDR) will report on their final results on Thursday. Temporary power provider Aggreko (LSE: AGK) will release its annual report. Next week’s economic updates will include Empire State Manufacturing Survey and US industrial production as well as Japan’s consumer confidence data on Monday, US housing starts on Tuesday and EU and UK inflation numbers on Tuesday, US producer prices, Bank of England interest rate minutes and UK unemployment rate on Wednesday, US inflation and jobless claims number, Philly Fed index and UK mortgage approvals on Thursday and Germany’s producer price index on Friday. The FTSE 100 is currently projected to add 0.2% on Monday to extend last week’s gains, while the Dow Jones Industrial Average is seen 0.1% higher.
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FTSE weekly preview: The upcoming week is going to be quiet in term of corporate results, however investors will have a flurry of economic data to digest, which will include inflation numbers for the EU, UK and the US and Bank of England interest rate minutes. Textile maintenance services provider Davis Service Group (LSE: DVSG) is set to release its final report on Monday. Bank Close Brothers Group (LSE: CBG) will report on its interim results on Tuesday, while IP commercialisation company Amphion Innovations (AIM: AMP), security services group G4S (LSE: GFS) and oil and gas services company Wellstream Holdings (LSE: WSM) will release their finals. On Wednesday, property company Derwent London (LSE: DLN), Hikma Pharmaceutical (LSE: HIK) and direct marketing software developer smartFOCUS (AIM: STF) will report on their final results. Housebuilder Taylor Wimpey (LSE: TW) will release its annual report. Market research group Aegis (LSE: AGS), medical technology company Biocompatibles International (AIM: BII), bakery chain Greggs (LSE: GRG), electronic components distributor Premier Farnell (LSE: PFL) and oil and gas producer Salamander Energy (LSE: SMDR) will report on their final results on Thursday. Temporary power provider Aggreko (LSE: AGK) will release its annual report. Next week’s economic updates will include Empire State Manufacturing Survey and US industrial production as well as Japan’s consumer confidence data on Monday, US housing starts on Tuesday and EU and UK inflation numbers on Tuesday, US producer prices, Bank of England interest rate minutes and UK unemployment rate on Wednesday, US inflation and jobless claims number, Philly Fed index and UK mortgage approvals on Thursday and Germany’s producer price index on Friday. The FTSE 100 is currently projected to add 0.2% on Monday to extend last week’s gains, while the Dow Jones Industrial Average is seen 0.1% higher.
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FTSE 100 seen flat on Monday amid lack of corporate data: The upcoming week is going to be quiet in term of corporate results, however investors will have a flurry of economic data to digest, which will include inflation numbers for the EU, UK and the US and Bank of England interest rate minutes. Textile maintenance services provider Davis Service Group (LSE: DVSG) is set to release its final report on Monday. Bank Close Brothers Group (LSE: CBG) will report on its interim results on Tuesday, while IP commercialisation company Amphion Innovations (AIM: AMP), security services group G4S (LSE: GFS) and oil and gas services company Wellstream Holdings (LSE: WSM) will release their finals. On Wednesday, property company Derwent London (LSE: DLN), Hikma Pharmaceutical (LSE: HIK) and direct marketing software developer smartFOCUS (AIM: STF) will report on their final results. Housebuilder Taylor Wimpey (LSE: TW) will release its annual report. Market research group Aegis (LSE: AGS), medical technology company Biocompatibles International (AIM: BII), bakery chain Greggs (LSE: GRG), electronic components distributor Premier Farnell (LSE: PFL) and oil and gas producer Salamander Energy (LSE: SMDR) will report on their final results on Thursday. Temporary power provider Aggreko (LSE: AGK) will release its annual report. Next week’s economic updates will include Empire State Manufacturing Survey and US industrial production as well as Japan’s consumer confidence data on Monday, US housing starts on Tuesday and EU and UK inflation numbers on Tuesday, US producer prices, Bank of England interest rate minutes and UK unemployment rate on Wednesday, US inflation and jobless claims number, Philly Fed index and UK mortgage approvals on Thursday and Germany’s producer price index on Friday. The FTSE 100 is currently projected to add 0.2% on Monday to extend last week’s gains, while the Dow Jones Industrial Average is seen 0.1% higher.
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Weekend news wrap: Political uncertainty will likely be hovering over the markets again as recent polls have shown that the gap between the Conservatives and Labour has narrowed to make a hung parliament seem like a likely outcome of the upcoming election. According to the Sunday Times, the Conservative Party is now leading Labour 37% to 31%, while a research by the Sunday Telegraph now puts the Conservatives’ lead at 38% to 31%. British Prime Minister Gordon Brown has held talks with French President Nicolas Sarkozy during the latter’s visit to London at the end of this week with both leaders backing the idea of a global bank levy and claiming there was support in other countries as well. The two leaders, however, failed to reach common ground on the EU’s proposed rules to regulate hedge funds with Brown calling for protection for offshore-registered London-based hedge funds, though British Prime Minister said a solution would be reached within the next few days. US defence contractor General Dynamics (NYSE: GD) has secured a £1 billion deal to build Scout armoured reconnaissance vehicles for the British army, delivering a huge blow to domestic defence and aerospace systems manufacturer and FTSE 100 constituent BAE Systems (LSE: BA), which also bid for the deal. According to the Sunday Sun, the loss could result in some 650 jobs lost at BAE’s Scotswood Road site in Newcastle. The European Union is reportedly nearing a deal that would offer Greece a €20-25 billion bailout package, which will be discussed during a meeting of eurozone financial ministers that is set to kick off on Monday. The aid would have to come in the form of loan guarantees as EU regulations prohibit bailouts. Last week, Greece raised €5 billion in an oversubscribed bond issue to meet its near term commitments and introduced a fresh package of economic austerity measures to save it another €4.8 billion, aiming to meet the UE target of reducing its budget deficit by 4% this year. It has been estimated that Greece will need to secure about €50 billion this year to avoid a default. The EU is currently trying to prevent the debt crisis from spreading into other countries of the 16-state eurozone. British Airways’ (LSE: BAY) union has announced that cabin crew members will go on a three day strike starting March 20 and a four day walkout on March 27 after talks over cost cuts failed.
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BAE loses £1bn defence contract, UK election poll gaps narrow, Sarkozy and Brown back bank levy: Political uncertainty will likely be hovering over the markets again as recent polls have shown that the gap between the Conservatives and Labour has narrowed to make a hung parliament seem like a likely outcome of the upcoming election. According to the Sunday Times, the Conservative Party is now leading Labour 37% to 31%, while a research by the Sunday Telegraph now puts the Conservatives’ lead at 38% to 31%. British Prime Minister Gordon Brown has held talks with French President Nicolas Sarkozy during the latter’s visit to London at the end of this week with both leaders backing the idea of a global bank levy and claiming there was support in other countries as well. The two leaders, however, failed to reach common ground on the EU’s proposed rules to regulate hedge funds with Brown calling for protection for offshore-registered London-based hedge funds, though British Prime Minister said a solution would be reached within the next few days. US defence contractor General Dynamics (NYSE: GD) has secured a £1 billion deal to build Scout armoured reconnaissance vehicles for the British army, delivering a huge blow to domestic defence and aerospace systems manufacturer and FTSE 100 constituent BAE Systems (LSE: BA), which also bid for the deal. According to the Sunday Sun, the loss could result in some 650 jobs lost at BAE’s Scotswood Road site in Newcastle. The European Union is reportedly nearing a deal that would offer Greece a €20-25 billion bailout package, which will be discussed during a meeting of eurozone financial ministers that is set to kick off on Monday. The aid would have to come in the form of loan guarantees as EU regulations prohibit bailouts. Last week, Greece raised €5 billion in an oversubscribed bond issue to meet its near term commitments and introduced a fresh package of economic austerity measures to save it another €4.8 billion, aiming to meet the UE target of reducing its budget deficit by 4% this year. It has been estimated that Greece will need to secure about €50 billion this year to avoid a default. The EU is currently trying to prevent the debt crisis from spreading into other countries of the 16-state eurozone. British Airways’ (LSE: BAY) union has announced that cabin crew members will go on a three day strike starting March 20 and a four day walkout on March 27 after talks over cost cuts failed.
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Weekend news roundup: Political uncertainty will likely be hovering over the markets again as recent polls have shown that the gap between the Conservatives and Labour has narrowed to make a hung parliament seem like a likely outcome of the upcoming election. According to the Sunday Times, the Conservative Party is now leading Labour 37% to 31%, while a research by the Sunday Telegraph now puts the Conservatives’ lead at 38% to 31%. British Prime Minister Gordon Brown has held talks with French President Nicolas Sarkozy during the latter’s visit to London at the end of this week with both leaders backing the idea of a global bank levy and claiming there was support in other countries as well. The two leaders, however, failed to reach common ground on the EU’s proposed rules to regulate hedge funds with Brown calling for protection for offshore-registered London-based hedge funds, though British Prime Minister said a solution would be reached within the next few days. US defence contractor General Dynamics (NYSE: GD) has secured a £1 billion deal to build Scout armoured reconnaissance vehicles for the British army, delivering a huge blow to domestic defence and aerospace systems manufacturer and FTSE 100 constituent BAE Systems (LSE: BA), which also bid for the deal. According to the Sunday Sun, the loss could result in some 650 jobs lost at BAE’s Scotswood Road site in Newcastle. The European Union is reportedly nearing a deal that would offer Greece a €20-25 billion bailout package, which will be discussed during a meeting of eurozone financial ministers that is set to kick off on Monday. The aid would have to come in the form of loan guarantees as EU regulations prohibit bailouts. Last week, Greece raised €5 billion in an oversubscribed bond issue to meet its near term commitments and introduced a fresh package of economic austerity measures to save it another €4.8 billion, aiming to meet the UE target of reducing its budget deficit by 4% this year. It has been estimated that Greece will need to secure about €50 billion this year to avoid a default. The EU is currently trying to prevent the debt crisis from spreading into other countries of the 16-state eurozone. British Airways’ (LSE: BAY) union has announced that cabin crew members will go on a three day strike starting March 20 and a four day walkout on March 27 after talks over cost cuts failed.
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rt/be/Li
AIM weekly news wrap: Small cap moved along with the blue chips as the AIM All-Share Index gained 0.4% during the week, while the AIM 100 index added 0.2%. StatPro Group PLC (AIM: SOG) said it has performed extremely well in its financial full year, with a marked improvement in all key financial performance indicators. For the 12 months ended 31 December 2009, the company reported a 48% increase in adjusted pretax profits to £6.9m, adjusted earnings (EBITDA) grew by 28% to £8.63m and earnings per share (EPS) increased by 29% to 9p. Revenue rose 13% year-on-year to £31.56m. In response to StatPro’s (AIM: SOG) strong full-year sresults, in which the software company reported a 48% increase in pre-tax profit, a number of analysts have upgraded their guidance for the current financial year. Both Edison Investment Research and Cenkos Securities provided a marginal upgrade for the FY2010, before considering the potential upside provided by the two new SaaS (Software as a Service) products StatPro Seven and StatPro Revolution. Cinpart PLC (AIM: CINP) said it appointed Professor Michael Hughes to the board as a non-executive director with immediate effect. Allocate Software (AIM: ALL) said it has advanced against all strategic objectives during the third quarter, highlighting its expansion into Australia and New Zealand and stronger presence in the Nordic region following the acquisition of Time Care AB. Shares in Tanfield Group PLC (AIM: TAN) soared in morning trade after the engineering group announced it received a non-binding, conditional offer from Smith Electric Vehicles US Inc (SEVUS) for the company's Smith Electric Vehicle division. Coloured gemstone producer Gemfields (AIM: GEM) reported revenues of US$12 million for the six months ended 31 December 2009 compared to just US$0.34 million in H1 2008 after two successful emerald auctions in July and November 2009 that raised the company US$11.5 million. Security technology specialist Westminster Group (AIM: WSG) repoerted an 89% increase in online enquiries and a 62% increase in online sales since it launched its new ‘Generation 2’ website in April 2009. According to Westminster, the website has achieved nearly a threefold increase in the average visitor number compared to the previous website, based on record unique visitor numbers in January 2010. In its full-year results statement, Telit Communications (AIM: TCM) said it has emerged from 2009 as a much stronger company. In the year ended 31 December 2009, the machine-to-machine (M2M) communication specialist reported revenues of €63.8m, up 10.7% compared with €57.6m in the previous year and gross profit grew by 11% to €30.6m. In its first-half results, the Syntopix Group (AIM: SYN) said it is making progress as it continues to attract a number of commercial opportunities following last year’s completion of a Phase II clinical study and its evaluation agreement with a major consumer healthcare company. The company recently appointed a new chairman, and it is finalising plans for a proposed fundraising which will enable the company to progress these opportunities. African focused investment company Lonrho (AIM: LONR) has been promoted into the FTSE AIM UK 50 Index and the FTSE AIM 100 Index, effective from the 22 March 2010. The company’s inclusion into the key indices reflects Lonrho’s growth and its position in London’s junior market, then group said in a statement. Planet Payment (LSE: PPT and PPTR; OTC: PLPM) has completed and received certification from TSYS Acquiring Solutions (TSYS), a wholly-owned subsidiary of TSYS (NYSE: TSS), for the company’s iPAY payment gateway on the TSYS processing platform. TSYS currently offers a Planet Payment powered Multi-Currency Pricing service which allows merchants to reach international markets through price localization. Multi-Currency Pricing allows international customers to view prices, and pay for goods/services in their domestic currencies. Daniel Stewart & Company (DS&C) issued a note on Planet Payment (LSE: PPT and PPTR; OTC: PLPM) today, reiterating its 'buy' rating after the data and payment processor received certification from its core existing client TSYS (NYSE: TSS). Liberty PLC (LSE:LBE) jumped 7% in early deals this morning after the London retailer confirmed that it had received several approaches “that may or may not lead to an offer” for the company MWB Group (LSE:MWB) owns 68% of the equity in Liberty. Specialist provider of lease asset finance to the SME sector 1pm PLC (AIM: OPM) has raised £1.15 million via a placing to help the company grow its lease portfolio further and enhance receivables and cash generation. Henderson Morley (AIM: HML) (HML) and KMS Therapeutics have commenced a 9 week due-diligence period ahead of a potential license agreement. Following an earlier agreement on 19 February, the companies have signed a further letter of intent (LOI) in respect of the intellectual property rights of HML’s ionic contra-viral therapy (‘ICVT’) human portfolio. Emissions trading exchange owner and operator Climate Exchange (AIM: CLE) reported a better than expected 2.4x increase in pre-tax profits to £6.8 million in the full year 2009 as revenues from core businesses soared 48% to £33.6 million. In the year to end-December 2009 two of its three operated exchanges posted better performance with improved volumes and membership figures. Ethanol and biorefining group Lignol Energy Corporation (TSX-V: LEC) announced an agreement with UK construction prodocts supplier Kingspan Group PLC (LSE: KGP) for the joint development of commercial applications incorporating Lignol's class of High-Purity Lignin and lignin derivatives (HP-L lignin) into various products. Mobile gambling specialist Probability (AIM: PBTY) said it has partnered with Mobenga, a Swedish provider of betting software. Probability will integrate into Mobenga's software platform and the groups will cooperate in marketing its games capability to Mobenga customers. Navigation equipment maker Raymarine (AIM: RAY) noted the recent hike in its share price and confirmed it has received a further approach from a third party, which may or may not lead to an offer being made for the entire issued share capital of Raymarine at approximately 3.6 pence per share.
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Small cap weekly news wrap: Small cap moved along with the blue chips as the AIM All-Share Index gained 0.4% during the week, while the AIM 100 index added 0.2%. StatPro Group PLC (AIM: SOG) said it has performed extremely well in its financial full year, with a marked improvement in all key financial performance indicators. For the 12 months ended 31 December 2009, the company reported a 48% increase in adjusted pretax profits to £6.9m, adjusted earnings (EBITDA) grew by 28% to £8.63m and earnings per share (EPS) increased by 29% to 9p. Revenue rose 13% year-on-year to £31.56m. In response to StatPro’s (AIM: SOG) strong full-year sresults, in which the software company reported a 48% increase in pre-tax profit, a number of analysts have upgraded their guidance for the current financial year. Both Edison Investment Research and Cenkos Securities provided a marginal upgrade for the FY2010, before considering the potential upside provided by the two new SaaS (Software as a Service) products StatPro Seven and StatPro Revolution. Cinpart PLC (AIM: CINP) said it appointed Professor Michael Hughes to the board as a non-executive director with immediate effect. Allocate Software (AIM: ALL) said it has advanced against all strategic objectives during the third quarter, highlighting its expansion into Australia and New Zealand and stronger presence in the Nordic region following the acquisition of Time Care AB. Shares in Tanfield Group PLC (AIM: TAN) soared in morning trade after the engineering group announced it received a non-binding, conditional offer from Smith Electric Vehicles US Inc (SEVUS) for the company's Smith Electric Vehicle division. Coloured gemstone producer Gemfields (AIM: GEM) reported revenues of US$12 million for the six months ended 31 December 2009 compared to just US$0.34 million in H1 2008 after two successful emerald auctions in July and November 2009 that raised the company US$11.5 million. Security technology specialist Westminster Group (AIM: WSG) repoerted an 89% increase in online enquiries and a 62% increase in online sales since it launched its new ‘Generation 2’ website in April 2009. According to Westminster, the website has achieved nearly a threefold increase in the average visitor number compared to the previous website, based on record unique visitor numbers in January 2010. In its full-year results statement, Telit Communications (AIM: TCM) said it has emerged from 2009 as a much stronger company. In the year ended 31 December 2009, the machine-to-machine (M2M) communication specialist reported revenues of €63.8m, up 10.7% compared with €57.6m in the previous year and gross profit grew by 11% to €30.6m. In its first-half results, the Syntopix Group (AIM: SYN) said it is making progress as it continues to attract a number of commercial opportunities following last year’s completion of a Phase II clinical study and its evaluation agreement with a major consumer healthcare company. The company recently appointed a new chairman, and it is finalising plans for a proposed fundraising which will enable the company to progress these opportunities. African focused investment company Lonrho (AIM: LONR) has been promoted into the FTSE AIM UK 50 Index and the FTSE AIM 100 Index, effective from the 22 March 2010. The company’s inclusion into the key indices reflects Lonrho’s growth and its position in London’s junior market, then group said in a statement. Planet Payment (LSE: PPT and PPTR; OTC: PLPM) has completed and received certification from TSYS Acquiring Solutions (TSYS), a wholly-owned subsidiary of TSYS (NYSE: TSS), for the company’s iPAY payment gateway on the TSYS processing platform. TSYS currently offers a Planet Payment powered Multi-Currency Pricing service which allows merchants to reach international markets through price localization. Multi-Currency Pricing allows international customers to view prices, and pay for goods/services in their domestic currencies. Daniel Stewart & Company (DS&C) issued a note on Planet Payment (LSE: PPT and PPTR; OTC: PLPM) today, reiterating its 'buy' rating after the data and payment processor received certification from its core existing client TSYS (NYSE: TSS). Liberty PLC (LSE:LBE) jumped 7% in early deals this morning after the London retailer confirmed that it had received several approaches “that may or may not lead to an offer” for the company MWB Group (LSE:MWB) owns 68% of the equity in Liberty. Specialist provider of lease asset finance to the SME sector 1pm PLC (AIM: OPM) has raised £1.15 million via a placing to help the company grow its lease portfolio further and enhance receivables and cash generation. Henderson Morley (AIM: HML) (HML) and KMS Therapeutics have commenced a 9 week due-diligence period ahead of a potential license agreement. Following an earlier agreement on 19 February, the companies have signed a further letter of intent (LOI) in respect of the intellectual property rights of HML’s ionic contra-viral therapy (‘ICVT’) human portfolio. Emissions trading exchange owner and operator Climate Exchange (AIM: CLE) reported a better than expected 2.4x increase in pre-tax profits to £6.8 million in the full year 2009 as revenues from core businesses soared 48% to £33.6 million. In the year to end-December 2009 two of its three operated exchanges posted better performance with improved volumes and membership figures. Ethanol and biorefining group Lignol Energy Corporation (TSX-V: LEC) announced an agreement with UK construction prodocts supplier Kingspan Group PLC (LSE: KGP) for the joint development of commercial applications incorporating Lignol's class of High-Purity Lignin and lignin derivatives (HP-L lignin) into various products. Mobile gambling specialist Probability (AIM: PBTY) said it has partnered with Mobenga, a Swedish provider of betting software. Probability will integrate into Mobenga's software platform and the groups will cooperate in marketing its games capability to Mobenga customers. Navigation equipment maker Raymarine (AIM: RAY) noted the recent hike in its share price and confirmed it has received a further approach from a third party, which may or may not lead to an offer being made for the entire issued share capital of Raymarine at approximately 3.6 pence per share.
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in/ga/y
Small caps follow blue chips as AIM All-Share and AIM 100 post marginal weekly gains: Small cap moved along with the blue chips as the AIM All-Share Index gained 0.4% during the week, while the AIM 100 index added 0.2%. StatPro Group PLC (AIM: SOG) said it has performed extremely well in its financial full year, with a marked improvement in all key financial performance indicators. For the 12 months ended 31 December 2009, the company reported a 48% increase in adjusted pretax profits to £6.9m, adjusted earnings (EBITDA) grew by 28% to £8.63m and earnings per share (EPS) increased by 29% to 9p. Revenue rose 13% year-on-year to £31.56m. In response to StatPro’s (AIM: SOG) strong full-year sresults, in which the software company reported a 48% increase in pre-tax profit, a number of analysts have upgraded their guidance for the current financial year. Both Edison Investment Research and Cenkos Securities provided a marginal upgrade for the FY2010, before considering the potential upside provided by the two new SaaS (Software as a Service) products StatPro Seven and StatPro Revolution. Cinpart PLC (AIM: CINP) said it appointed Professor Michael Hughes to the board as a non-executive director with immediate effect. Allocate Software (AIM: ALL) said it has advanced against all strategic objectives during the third quarter, highlighting its expansion into Australia and New Zealand and stronger presence in the Nordic region following the acquisition of Time Care AB. Shares in Tanfield Group PLC (AIM: TAN) soared in morning trade after the engineering group announced it received a non-binding, conditional offer from Smith Electric Vehicles US Inc (SEVUS) for the company's Smith Electric Vehicle division. Coloured gemstone producer Gemfields (AIM: GEM) reported revenues of US$12 million for the six months ended 31 December 2009 compared to just US$0.34 million in H1 2008 after two successful emerald auctions in July and November 2009 that raised the company US$11.5 million. Security technology specialist Westminster Group (AIM: WSG) repoerted an 89% increase in online enquiries and a 62% increase in online sales since it launched its new ‘Generation 2’ website in April 2009. According to Westminster, the website has achieved nearly a threefold increase in the average visitor number compared to the previous website, based on record unique visitor numbers in January 2010. In its full-year results statement, Telit Communications (AIM: TCM) said it has emerged from 2009 as a much stronger company. In the year ended 31 December 2009, the machine-to-machine (M2M) communication specialist reported revenues of €63.8m, up 10.7% compared with €57.6m in the previous year and gross profit grew by 11% to €30.6m. In its first-half results, the Syntopix Group (AIM: SYN) said it is making progress as it continues to attract a number of commercial opportunities following last year’s completion of a Phase II clinical study and its evaluation agreement with a major consumer healthcare company. The company recently appointed a new chairman, and it is finalising plans for a proposed fundraising which will enable the company to progress these opportunities. African focused investment company Lonrho (AIM: LONR) has been promoted into the FTSE AIM UK 50 Index and the FTSE AIM 100 Index, effective from the 22 March 2010. The company’s inclusion into the key indices reflects Lonrho’s growth and its position in London’s junior market, then group said in a statement. Planet Payment (LSE: PPT and PPTR; OTC: PLPM) has completed and received certification from TSYS Acquiring Solutions (TSYS), a wholly-owned subsidiary of TSYS (NYSE: TSS), for the company’s iPAY payment gateway on the TSYS processing platform. TSYS currently offers a Planet Payment powered Multi-Currency Pricing service which allows merchants to reach international markets through price localization. Multi-Currency Pricing allows international customers to view prices, and pay for goods/services in their domestic currencies. Daniel Stewart & Company (DS&C) issued a note on Planet Payment (LSE: PPT and PPTR; OTC: PLPM) today, reiterating its 'buy' rating after the data and payment processor received certification from its core existing client TSYS (NYSE: TSS). Liberty PLC (LSE:LBE) jumped 7% in early deals this morning after the London retailer confirmed that it had received several approaches “that may or may not lead to an offer” for the company MWB Group (LSE:MWB) owns 68% of the equity in Liberty. Specialist provider of lease asset finance to the SME sector 1pm PLC (AIM: OPM) has raised £1.15 million via a placing to help the company grow its lease portfolio further and enhance receivables and cash generation. Henderson Morley (AIM: HML) (HML) and KMS Therapeutics have commenced a 9 week due-diligence period ahead of a potential license agreement. Following an earlier agreement on 19 February, the companies have signed a further letter of intent (LOI) in respect of the intellectual property rights of HML’s ionic contra-viral therapy (‘ICVT’) human portfolio. Emissions trading exchange owner and operator Climate Exchange (AIM: CLE) reported a better than expected 2.4x increase in pre-tax profits to £6.8 million in the full year 2009 as revenues from core businesses soared 48% to £33.6 million. In the year to end-December 2009 two of its three operated exchanges posted better performance with improved volumes and membership figures. Ethanol and biorefining group Lignol Energy Corporation (TSX-V: LEC) announced an agreement with UK construction prodocts supplier Kingspan Group PLC (LSE: KGP) for the joint development of commercial applications incorporating Lignol's class of High-Purity Lignin and lignin derivatives (HP-L lignin) into various products. Mobile gambling specialist Probability (AIM: PBTY) said it has partnered with Mobenga, a Swedish provider of betting software. Probability will integrate into Mobenga's software platform and the groups will cooperate in marketing its games capability to Mobenga customers. Navigation equipment maker Raymarine (AIM: RAY) noted the recent hike in its share price and confirmed it has received a further approach from a third party, which may or may not lead to an offer being made for the entire issued share capital of Raymarine at approximately 3.6 pence per share.
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Proactive Investors United Kingdom
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15/03/10
FTSE 100, Dow Jones, S&P 500 and NASDAQ seen higher on Monday
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15/03/10
FTSE 100 seen higher ahead of EU, US and UK inflation data
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15/03/10
FTSE weekly preview: G4S, Wellstream Holdings, Salamander Energy, Davis Service Group
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15/03/10
FTSE 100 seen flat on Monday amid lack of corporate data
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14/03/10
Weekend news wrap: BAE Systems, General Dynamics, British Airways, EU's Greek bailout
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14/03/10
BAE loses £1bn defence contract, UK election poll gaps narrow, Sarkozy and Brown back bank levy
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14/03/10
Weekend news roundup: BAE Systems contract loss, British Airways strike, Greek debt crisis
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14/03/10
AIM weekly news wrap: Syntopix, Daniel Stewart, Telit Communications, Planet Payment, 1pm, Liberty
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14/03/10
Small cap weekly news wrap: Westminster Group, StatPro, Gemfields, Allocate Software, Lonrho
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14/03/10
Small caps follow blue chips as AIM All-Share and AIM 100 post marginal weekly gains
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Proactive Investors Australia
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12/03/10
Firestone Diamonds to operate FTP project for De Beers JV in Namibia
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12/03/10
Kalahari Minerals highly encouraged by Extract Resources progress at Rossing South
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12/03/10
Kalahari Minerals highly encouraged by Extract Resources progress at Rossing South
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12/03/10
Dragon Oil completes initial testing of Dzheitune development wells
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12/03/10
Baobab Resources resumes drilling at Tete iron-vanadium-titanium project
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12/03/10
Lonrho promoted into key FTSE-AIM indices
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12/03/10
Planet Payment says TSYS adds iPAY Gateway to TSYS acquirer processing platform
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12/03/10
CBH Resources shares surge on Revised Acquisition Proposal from Nyrstar
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12/03/10
Lincoln Minerals proposes 100% ownership of the Gum Flat Iron Ore project, SA
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12/03/10
Southern Uranium gains new tenements near Ridgeback