risers & fallers – 03/02/14

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1 mins. to read

Risers: 

BAA Aviation PLC +1.34%

BAA Aviation PLC has today sold its APPH entities to H roux-Devtek Inc. for $128m. The aviation support and services provider is said to being using the cash to reduce its net borrowings and further details of an appropriate return of cash to its shareholders is set to be revealed when the company reports its final results at the beginning of March, 2014. 

Ormonde Mining +15.91%

Ormonde Mining has today revealed they have been granted an Environmental Impact Declaration which will now allow the mining company to continue with its Barruecopardo Tungsten project in Spain. 

Jubilant Energy +10.34%

Shares in Jubilant Energy are up over 10% this morning after the company revealed its KSG#70 well has successfully tested for oil. The company now expects this well to produce around 38 barrels of oil per day. 

Alexander Mining +9.30%

After reporting that Alexander Mining is to form a strategic partnership with Ebullio Commodities Ltd on Oct 21, 2013, the mining company has today revealed they have signed various agreements (financing, conditional license & consultancy) with the hedge fund group. Ebullio are set to build a mining group based in Turkey.

 

Fallers: 

PeerTV -18.48%

Shares in PeerTV have plummeted today after the media provider revealed a private placing of 25 million new ordinary shares at 1p each has raised £250,000. 

Leyshon Resources -8.16%

Leyshon Resources has today revealed that a new managing director may soon been appointed at the company after holding discussions. Paul Atherley is set to remain as Non-Executive Director until the new appointment. 

James Halstead -4.42%

Flooring manufacturer James Halstead has today reported H1 pretax profit is set to be in line with forecasts after the company revealed weaker than expected trading throughout December. 

Lloyds Banking Group -2.44%

Lloyds Banking Group have released a statement this morning revealing they expect to begin paying dividends in H2 as they are to report 2013 earnings above expectations. Underlying profit is set to be around £6.2bn for 2013. Chief Executive, Mr Horta-Osorio has said: “Our significant progress in delivering sustainable improvements in our capital position and our profitability, despite legacy issues, is testament to the strength of our business model and the commitment of our people, and has enabled the U.K. government to start to return the bank to full private ownership,”

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