You need the Flash Player version 8.0.0.0 or higher and a JavaScript enabled browser to view this content
RSS - Subscribe to the NewsКомментарии ▼
Proactive Investors РОССИЯ
-
16/06/08
Central China Goldfields: возвращаясь к проекту Nimu
-
13/06/08
Rurelec: компания предприняла еще один значительный шаг на пути к успеху
-
10/06/08
Gulfsands Petroleum: запись интервью
-
05/06/08
Emed: Словакия и Испания становятся приоритетами
-
23/05/08
Rusina Mining: Приток наличности сейчас, “дойная корова’’ – завтра?
RSS - Subscribe to the NewsКомментарии ▼
Proactive Investors United Kingdom
-
xe/mi/s
FTSE 100 poised for lower open, S&P 500 and NASDAQ advance, Asian shares mixed: The FTSE 100 is projected to give away most of yesterday’s 0.7% gain and slide 0.4% in early trade today ahead of US weekly initial jobless claims data due in mid afternoon. Interdealer broker ICAP (LSE: IAP) emerged atop the leaderabord, advancing 4.5%. Oil and gas engineering firm Petrofac (LSE: PFC) climbed 4.2%, bailed out bank Lloyds (LSE: LLOY) rose 4% and airline British Airways (LSE: BAY) and another part-nationalised bank Royal Bank of Scotland (LSE: RBS) added slightly more than 3.5%. British American Tobacco (LSE: BATS) and Schroders (LSE: SDR) were the heaviest fallers among the blue chips with losses of 3% and 2.5% respectively. Tour operator TUI Travel (LSE: TT) and car insurer Admiral Group (LSE: ADM) shed 2% and 1.5% respectively. The Dow Jones Industrial Average was flat, the broader S&P 500 index rose 0.45% and the technology heavy NASDAQ composite added 0.8% to hit its highest levels in a year. Asian markets were mixed. Hong Kong’s Hang Seng and China’s Shanghai Composite Index were flat and Japan’s benchmark Nikkei 225 advanced 1%, while South Korea’s KOSPI declined marginally and Australia’s S&P/ASX 200 posted a small loss. Commodities Oil prices retreated after posting gains overnight with April Brent Crude sliding to US$80.06/barrel, while US light, sweet crude declined to US$81.64/barrel. Precious metals were sharply lower as gold fell to US$1,100/oz, while silver and platinum declined to US$16.90/oz and US$1,578/oz respectively. Base metals followed as copper and nickel dropped to US$3.33/lb and US$9.60/lb and zinc declined to US$1.04/lb.
-
al/ f/es
FTSE 100 seen lower ahead of US jobless claims data, commodities fall: The FTSE 100 is projected to give away most of yesterday’s 0.7% gain and slide 0.4% in early trade today ahead of US weekly initial jobless claims data due in mid afternoon. Interdealer broker ICAP (LSE: IAP) emerged atop the leaderabord, advancing 4.5%. Oil and gas engineering firm Petrofac (LSE: PFC) climbed 4.2%, bailed out bank Lloyds (LSE: LLOY) rose 4% and airline British Airways (LSE: BAY) and another part-nationalised bank Royal Bank of Scotland (LSE: RBS) added slightly more than 3.5%. British American Tobacco (LSE: BATS) and Schroders (LSE: SDR) were the heaviest fallers among the blue chips with losses of 3% and 2.5% respectively. Tour operator TUI Travel (LSE: TT) and car insurer Admiral Group (LSE: ADM) shed 2% and 1.5% respectively. The Dow Jones Industrial Average was flat, the broader S&P 500 index rose 0.45% and the technology heavy NASDAQ composite added 0.8% to hit its highest levels in a year. Asian markets were mixed. Hong Kong’s Hang Seng and China’s Shanghai Composite Index were flat and Japan’s benchmark Nikkei 225 advanced 1%, while South Korea’s KOSPI declined marginally and Australia’s S&P/ASX 200 posted a small loss. Commodities Oil prices retreated after posting gains overnight with April Brent Crude sliding to US$80.06/barrel, while US light, sweet crude declined to US$81.64/barrel. Precious metals were sharply lower as gold fell to US$1,100/oz, while silver and platinum declined to US$16.90/oz and US$1,578/oz respectively. Base metals followed as copper and nickel dropped to US$3.33/lb and US$9.60/lb and zinc declined to US$1.04/lb.
-
25/e /rg
Tullett Prebon confirms bid talks, shares surge 25%: In a statement to investors, Tullett Prebon (LSE: TLPR) noted recent press speculation and confirmed that it is in preliminary discussions with an unnamed third party, which may or may not lead to an offer being made for the entire issued share capital of the company.The bid speculation drove the company’s shares higher on the London Stock Exchange, Tullett Prebon surged almost 25% to trade at around 386p per share just before the close.Several press reports have linked a number of suitors to the inter-dealer broker including Australia’s Macquarie Group (ASX: MQG), the Bank of China (SHA:601988 ), the London Stock Exchange Group (LSE: LSE) and New York based GFI Group.Tullett Prebon said that there is no certainty that an offer will be forthcoming and a further announcement will be made in due course.
-
oa/ C/UK
Hargreaves Services confirms merger discussions with UK Coal: Hargreaves Services (AIM: HSP) confirmed that it is in early exploratory stages of reviewing a potential merger with UK Coal (LSE: UKC), responding to press speculation linking the company to the potential transaction.“Discussions with UK Coal are at a very early stage and there is no certainty that any transaction will result,” the company said in its statement.Yesterday, UK Coal said it is "not aware of any proposal from the group's major shareholder or any other source" in reponse to a Daily Mail story that had speculated that shareholder Peel Holdings, with a 28.3% of the company, had rejected an approach for its stake and was preparing its own cash-offer for the company.Whilst refuting the media reports, the company informed investors that it has received a very early stage merger proposal from an unnamed party.UK Coal noted yesterday that it has encountered continuing difficulties in the performance of its deep mines in recent months, which is having a material impact on its financial position. As previously reported, the company’s Daw Mill Colliery in the West Midlands has encountered delays. UK Coal said that preparation for production at the new face was hindered by difficult geological conditions and, as a result, the start of production on the new face is now expected during April, rather the end of March.
-
us/Tr/s
Baker Steel Capital plans £70m IPO for new investment company Baker Steel Resources Trust: Baker Steel Capital Managers announced its intention to float a new investment company, the Baker Steel Resources Trust (BSRT), focused on pre-IPO and specialist listed resource companies. The new group is targeting approximately £100 million in assets, following a £70m placing of new shares and a restructuring of Baker Steel's Genus Capital Fund (GCF)."This trust is the first of its kind in the UK market, offering investors exposure to pre-IPO mining stocks and specialist listed resources opportunities”, BSRT lead manager Trevor Steel commented. “It is a stock-specific, bottom-up fund that provides a great opportunity for investors who want to access quality resources companies at an early stage”.Baker Steel and its partners AWR Lloyd and Rock Capital Partners launched the GCF in July 2008. The fund is fully invested with US$61 million of assets. The partner’s strategy is to leverage their respective expertise and global networks to identify, invest and manage highly prospective, attractively valued early stage mining companies and specialist listed opportunities. The fund aims to create value through investment in quality resources projects, which have a high likelihood of progressing to production. Baker Steel said it intends to exploit the value gap between pre-IPO and public equity valuations, and that it will invest in companies during the pre-IPO phase from the initial round to late-stage financing. According to Baker Steel, the BRST is targeting returns between 25% and 35% per annum in the long term, with a target realisation range for the initial portfolio between US$116m and US$225m. The principals of Baker Steel, the FSA-regulated asset management specialists, were the founding members of BlackRock mining team in 1992. Baker Steel has assets under management of around US$850m and it said it takes a fundamental value-oriented investment approach. The company will act as fund manager for BSRT, with additional expertise and regional coverage from its partners AWR Lloyd in Asia and Rock Capital in South America and Africa.BSRT will apply for its shares to be admitted to trading on the London Stock Exchange's main market for listed securities in mid April 2010. BSRT’s initial portfolio includes two coal companies with a 5.3% stake in Mongolia based Gobi Coal and a 4.2% stake in Canadian coal company First Coal, two Brazilian operating Iron Ore companies with a 7.3% stake in SAFM and a 0.8% holding in Ferrous Resources. In Africa the fund has a 2.8% shareholding in DRC operating copper-cobalt focused Copperbelt Minerals, and a 2.1% stake in IvanPlats, who also owns a copper projects in the DRC, as well as a PGM-Nickel project in South Africa.
RSS - Subscribe to the NewsПоследние новости ▼
Proactive Investors United Kingdom
-
11/03/10
FTSE 100 poised for lower open, S&P 500 and NASDAQ advance, Asian shares mixed
-
11/03/10
FTSE 100 seen lower ahead of US jobless claims data, commodities fall
-
10/03/10
Tullett Prebon confirms bid talks, shares surge 25%
-
10/03/10
Hargreaves Services confirms merger discussions with UK Coal
-
10/03/10
Baker Steel Capital plans £70m IPO for new investment company Baker Steel Resources Trust
RSS - Subscribe to the NewsКомментарии ▼
Proactive Investors Australia
-
11/03/10
Zinc Co Australia shares surge on magnetite iron exploration target
-
11/03/10
Southern Cross Goldfields extends high grade gold zone at Battler, WA
-
11/03/10
Blue Energy to optimise drill rig movements
-
11/03/10
Avanco Resources commences drilling at Touro Nickel Project in Brazil
-
11/03/10
Pharmaxis buoyed by asthma clinical study results
-
11/03/10
Pluton Resources intersects visible iron mineralisation
-
10/03/10
CBio achieves clinical milestone, payment from Novo Nordisk A/S
-
10/03/10
Orion Petroleum and Gas2Grid call off merger
-
10/03/10
St Barbara to commence production at King of the Hills Gold Project in Q2 2011
-
10/03/10
Iron Road receives approvals to commence drilling at Gawler Iron Project in SA
RSS - Subscribe to the NewsКомментарии ▼
Proactive Investors US & Canada
-
10/03/10
US investment bank issues bullish note on Circadian Technologies
-
10/03/10
Xcite Energy finalises terms of £24.9m placing
-
10/03/10
Tanfield shares soar after Smith Electric approach for Zero Emission Vehicles division
-
10/03/10
Allied Gold ups total gold resource to 7.4 million ounces
-
10/03/10
Gold finds support at $1,120 as euro gains on Portugals bond issue
-
10/03/10
Oil falls as API crude inventories unexpectedly rise
-
10/03/10
Western Potash: Red, Hot and maybe Cooking with Gas
-
10/03/10
Thor Mining H1 pretax loss remains in line with 2008
-
10/03/10
African Diamonds says De Beers-linked account possibly involved in unnotified transfer of 1 mln shares
-
10/03/10
Eco Animal Health Group: moves into US and China could be transformational
