ENRC rebuffs proposal from founding shareholders
Fri 17 May 2013
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An approach by a group of ENRC’s founding shareholders regarding a possible takeover is not high enough, according to the mining company which has allowed the consortium more time to revise up its proposal.
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Chesnara's results benefit from equity market growth
Fri 17 May 2013
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Insurance company Chesnara said the global investment market performance had a positive influence on its results in the first quarter.
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Pendragon sees online activity grow in first quarter
Fri 17 May 2013
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Pendragon, the UK's largest franchised motor retailer, said it was trading in line with expectations in the first quarter as it continues to grow its online presence.
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Perform Group launches Sporting News Media in Canada
Fri 17 May 2013
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Sporting News Media, which forms part of Perform Group, on Friday officially launched in Canada.
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Lloyds sees share price reach government break-even point
Fri 17 May 2013
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Lloyds Banking Group’s shares advanced Friday to a level which the government considers high enough to exceed the break-even point for a sale of its stake in the company.
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Shaft Sinker cautious of South Africa worker strikes
Fri 17 May 2013
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Shaft Sinker Holdings expects 2013 full-year results to meet market forecasts following a major restructuring.
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Lamprell to wrap up talks with lenders
Fri 17 May 2013
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Lamprell, which provides engineering and contracting services to oil and gas industries, is on track to complete discussions with lenders to restructure its debt facilities.
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IPP results in line with expectations
Fri 17 May 2013
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Infrastructure investment company International Public Partnerships (IPP) said its portfolio of 22 assets "performed well" in the first four months of the year.
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SSE signs deal with Renewable Energy Systems Group
Fri 17 May 2013
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SSE has signed a deal with Renewable Energy Systems Group (RES) to acquire the Dunmaglass wind farm project in Scotland.
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Alent posts fall in sales in first quarter
Fri 17 May 2013
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Alent, supplier of specialty chemicals and engineered materials, reported a 5.8 per cent fall in net sales value (NSV) in the first quarter.
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National Express welcomes extension to C2c rail franchise
Fri 17 May 2013
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Transport company National Express has cheered its investors with the news the Department for Transport has decided to extend the c2c rail franchise to September 2014.
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John Menzies sees mixed Q1 trading as magazine market struggles
Fri 17 May 2013
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Aviation and distribution group John Menzies reported mixed trading in its two divisions during the first quarter, causing shares to edge lower on Friday morning.
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Vesuvius expects revenues to fall this year
Fri 17 May 2013
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Vesuvius, a molten metal flow engineering company, said it expects its 2013 revenue to fall following restructuring and disposals.
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Premier Farnell returns to sales growth in first quarter
Fri 17 May 2013
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Sales growth at web and technology firm Premier Farnell came in well ahead of expectations in the first quarter though margins slipped slightly.
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Morrisons confirms deal with Ocado to launch online grocer
Fri 17 May 2013
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Morrison Supermarkets has confirmed it is teaming up with Ocado Group to launch its first shopping website in January next year.
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Intertek profit margin declines despite 10 per cent rise in revenue
Fri 17 May 2013
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Intertek Group, which provides solutions to industries worldwide, has posted a 9.9 per cent year-on-year rise in revenue for the first four months of the year, driven by organic growth, favourable currency movements and the benefit of acquisitions made in 2012 and 2013.
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RBS cuts further 1,400 jobs from retail bank
Thu 16 May 2013
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Royal Bank of Scotland (RBS) is axing a further 1,400 jobs from its retail banking head office to slash costs.
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Max Petroleum encounters hydrocarbons in Zhana Makat Field
Thu 16 May 2013
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AIM-listed oil and gas exploration and production company Max Petroleum has reported that the ZMA-E6 development well in the Zhana Makat Field has successfully reached a total depth of 897 metres, encountering hydrocarbons in Jurassic sandstone reservoirs, in line with expectations.
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Glencore Xstrata brings in former BP boss as interim Chairman
Thu 16 May 2013
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Glencore Xstrata has brought in former BP Chief Executive Tony Hayward as its interim Chairman, a source told Reuters.
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Sound Oil: first gas delivery from Rapagnano field completed
Thu 16 May 2013
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Sound Oil, the Italian focused upstream oil and gas company, has reported that first gas was delivered from the onshore Rapagnano field to the local gas distributor on May 15th 2013.
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