logo-loader

Risers and Fallers - Churchill Mining, StageCoach and Feedback

Last updated: 15:45 05 May 2016 BST, First published: 09:45 05 May 2016 BST

Gas-cooker-(Resized)

A selection of some share price movers at around 3.45pm.....

RISERS

 

Snoozebox (LON:ZZZ), up 13.45% to 0.68p, recovering after heavy recent falls after the loss of chief Lorcán Ó Murchú who resigned.

Trinity Mirror (LON:TNI), up 6.64% to 120.50p, despite revealing today that newspaper sales fell by 4.5% year on year for the four months to May 1, due to the ongoing tough trading conditions faced by publishers. Digital income however, which is building on a comparatively low base compared to other publishers, grew by over 18% last month alone. It also said the New Day - Britain's first new paper for 30 years closed after nine weeks.

Stagecoach (LON:SGC), up 1.40% to 261.50p after Swiss broker UBS upgraded the shares to 'buy'.

 

FALLERS

Feedback plc (LON:FDBK) down 36.36% to 0.88p, It comes after the medical imaging software company agreed to sell its 50% stake in Stone Checker Software Ltd for GBP46,000 in cash.

Churchill Mining (LON:CHL), down 9.7% to 18.625p as the miner updated on the default by Indonesia following its failure to pay its share of the fifth advance payment sought by the International Centre for the Settlement of Investment Disputes (ICSID).

ASA Resource (lON:ASA) down 9.68% to 0.70p as it transferred 62% of a sUBSidiary to  Zhejiang Hailiang under a  previous cooperation and development agreement signed between the pair.

 

------------------------------------

Some risers and fallers at around 12.30pm....

RISERS

Kazakhstan focused Orsu Metals Corp (LON:OSU) up 68.63% to 2.15p as it receives the deposit of $100,000 due from Karasat Trading FZE under the deal for the conditional sale of the Karchiga copper project.

Forbidden Technologies plc (LON:FBT), up 15.38% to 11.25p, following yesterday' sharp rise, as it told investors it had started a 12-month proof of concept study for its video-editing tool Forscene with a major UK broadcaster.

Strategic Minerals PLC (LON:SML) surged over 41% to 0.375p on no news. The stock has been on a tear in the last month, almost tripling in value.

A maiden drilling programme on the Hanns Creek nickel-copper licence in Australia will get underway once the permit has been approved, it said in late April.

 

FALLERS

LGO Energy PLC (LON:LGO), down almost 22% to 0.22p as it announced a  restructuring and the simultaneous raising of £3.25mln of new funds from investors.

Artificial limb maker Smith & Nephew (LON:SN.) fell 2.84% to 1,131p as it reported worse-than-expected first-quarter revenue on weakness in China and the Gulf states.

Satellite firm Inmarsat (LON: ISAT) dropped 6.4% to 870.5p as it cut its full year revenue guidance to a range of between $1,175bn and $1,250bn.

 

 

Major share price rises and fallers in London at 9.45am

RISERS

VItesse Media PLC (LSE:VIS) up 47% to 2.03p. Boardroom shake-up sees two directors leave and a new commercial director appointed. Head of SME division is also leaving.

Billing Services Group PLC (LON:BILL) up 37% to 6.01p.  Settlement with the Federal Trade Commission will see group pay US$5.2mln for customer redress in ten equal instalments. Settlement resolves all issues stemming from 2012 litigation.

7digital Group PLC (LON:7DIG)  up 14% to 7p. Company has agreed a contract with musical.ly, a fast-growing social media platform based around video and music with a strong international footprint. The deal will contribute to 7digital's revenues for 2016.

FALLERS

Falanx Group Ltd (LON:FLX) down 29% to 4.24p. Company is acquiring Advanced Security Consulting Limited £435,000 and raising £1.55mln through a placing at 4p and issue of CULS.

Robinson PLC (LON:RBN) down 14% to 150p. “In the first quarter of 2016, revenues were 10% down on the previous year of which 4% was due to lower resin prices. Resin prices are increasing which will reduce margins in the short term before prices are adjusted.

Centrica PLC (LON:CNA) British Gas group raises £750mln to protect its credit rating and fund two recent acquisitions.

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

58 minutes ago