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Company News

ROC Oil reaches settlement
Friday 05 Sep 2008
Oil explorer ROC said a settlement has been reached in the dispute over Block H, offshore equatorial Guinea.
SMG annnounces £30m cash return
Friday 05 Sep 2008
Scottish media outfit SMG has announced plans to change its name to stv group and return as much as £30m in cash to shareholders through a tender offer.
Plasmon gets 0.25p approach
Friday 05 Sep 2008
Beleaguered optical drives maker Plasmon is set to recommend a takeover bid from a US private equity firm worth just 0.25p per share.
TMN profits slip as admin costs jump
Friday 05 Sep 2008
TMN saw profits slip slightly for the year as administrative send soared but the digital marketing group said the current financial year has started in line with expectations
China Central Properties makes tidy profit
Friday 05 Sep 2008
Chinese property company China Central Properties (CCP) has made about £13m from the sale of Mass Relief International, it emerged today.
Digital Marketing 'pleased' with progress
Friday 05 Sep 2008
Online marketing group Digital Marketing is “extremely pleased” with its progress in the first five months of the current financial year, which is consistent with full year forecasts.
Anglo Irish sells Austrian private banking arm
Friday 05 Sep 2008
Anglo Irish Bank agreed to sell its Austrian private banking subsidiary to Swiss banking group Valartis.
Xstrata takes strategic stake in Aussie explorer
Friday 05 Sep 2008
Copper miner Xstrata has bought a 17.83% stake in Indophil Resources from Lion Selection for A$1.17 per share, or US$69m.
Telecom Plus expects "significantly" better results
Friday 05 Sep 2008
Multi-utility group Telecom Plus said forecasts indicate that its results for the year will be “significantly” ahead of current market expectations.
Passenger numbers jump at easyJet and Aer Lingus
Friday 05 Sep 2008
Budget airline easyJet carried almost 24% more passengers in August than it did the year before, while passenger numbers grew by 8.8% at rival Aer Lingus last month.
Carr's Milling ups profits forecast again
Friday 05 Sep 2008
Bumper trading across all of its divisions has prompted feed supplier and flour miller Carr's Milling to increase its profits estimate for the fourth time this year.
Churchill Mining confirms huge resource upgrade
Friday 05 Sep 2008
Churchill Mining has confirmed reports of a huge upgrade to its reserves at the East Kutai Coal Project in Indonesia.
Profit tumbles at JD Wetherspoon
Friday 05 Sep 2008
The economic slowdown and last July’s smoking ban in England have conspired to drop full-year pre-tax profit by 12.7% at pub group JD Wetherspoon.
Go-Ahead results ahead of expectations
Friday 05 Sep 2008
Bus and train operator Go-Ahead said it is pleased to report another year of record results, which are significantly ahead of last year and above its expectations in June.
HMV like-for-like sales rise 1.3%
Friday 05 Sep 2008
Music, films and games retailer HMV said its plans are in line with expectations as it saw like-for-like sales rise 1.3% in the 18 weeks to August 2008.
Informa snubs lower offer
Thursday 04 Sep 2008
Informa revealed late Thursday it has rejected a reduced 450p a share offer from a private equity consortium that “significantly undervalues” the publishing group.
Rio approves $293m Canada spend
Thursday 04 Sep 2008
Aussie mining giant and BHP bid target Rio Tinto has approved a US$293m spend on expanding its Canadian iron ore operations and on further studies.
Friday preview: JD Wetherspoon, HMV
Thursday 04 Sep 2008
JD Wetherspoon rounds off a busy week for pub operators, following in the footsteps of Punch Taverns and Greene King, both of whom confirmed hard times for the pub trade.
Ninety in £20m China deal
Thursday 04 Sep 2008
Cash shell Ninety has agreed to buy Chinese food preservatives group Honour Field for up to £20.12m in shares and change its name to Sorbic International.
Supporta rises on approach
Thursday 04 Sep 2008
Outsource services provider Supporta said it noted the movement in its share prices and admitted that it had received an approach that could lead to an offer.

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