Market News

Merchant Securities underlying profit up 80% in H1

Financial services firm Merchant Securities Group plc reported underlying profit before tax up by 80% to £0.524m from £0.289m for the six months to September 30.

13/12/2010

Market Movers - Top risers and fallers at 11:00

FTSE 100
KAZAKHMYS ORD 20P                       1567.00        2.49%
 Read more »

		
13/12/2010
		

	

Most Traded Stocks by Value at 11:00

WSM	WELLSTREAM ORD 1P value of shares traded £6,359,496,950
RIO	RIO TINTO ORD 10P value of shares traded £4,570,955,988
 Read more »

		
13/12/2010
		

	

Yule Catto buys PolymerLatex for €443m

Chemicals group Yule Catto & Co. plc has agreed to acquire Germany's PolymerLatex for a total transaction value of €443m (£376m).

13/12/2010

Formula Telecom Solutions up 46% on US disposal

Formula Telecom Solutions was the biggest riser in the stock market this morning with the share price soaring by 46%.

13/12/2010

AEC Education hit by profits warning

AEC Education's share price dived 18% after the company issued a profits warning and said that it was likely to post a full year pre-tax loss of £0.25m.

13/12/2010

Polar Capital Technology beats benchmark in H1

Polar Capital Technology Trust plc reported a 5.7% rise in NAV per share to 333.11p over the six months to October 31, compared with a fall of 2.5% in the benchmark Dow Jones World Technology index (sterling adjusted).

13/12/2010

Berkeley Minerals falls 23% on acquisition delay

Berkeley Minerals share price fell more than 20% after the Group said that the proposed acquisition of tailings dumps at Kabwe in Zambia would be delayed.

13/12/2010

Market Movers - Top risers and fallers between 09:00 and 10:00

Overall Market
PARSEQ ORD 1P                              8.00       33.33%
 Read more »

		
13/12/2010
		

	

Mirada names Richard Alden as chairman

Audiovisual content interaction specialist Mirada plc has appointed NED Richard Alden as non-executive chairman with immediate effect.

13/12/2010