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November 2011

Millwall to Leave AIM

03 Nov 2011 @ 15:54
Millwall Holdings Plc (LSE:MWH) announced on Thursday it plans to delist from the AIM, citing four reasons for the decision. Reasons to Leave AIM The directors’ collective opinion is that the trading price of the shares doesn’t reflect the true value of the business. They believe that given the current market conditions for small companies, it is, […]
 

ValiRX Up Following Patent Announcement

03 Nov 2011 @ 15:44
In a statement, ValiRx (LSE:VAL) announced that it has filed for a new patent for its therapeutic compound, VAL201, sending shares up 10% in early trading. ValiRx is a biopharmaceutical company developing products in diagnostics, therapeutics, and oncology. Their main product focus is on cancer research, however their technology can be applied to other fields as well. […]
 

Aviva Sales Decline

03 Nov 2011 @ 15:38
Aviva Plc, the second largest insurer in the United Kingdom, released a performance report on the nine months ending September 30, 2011 on Thursday. European life and pension sales were down 18% from the same time last year, reflecting turbulence caused by the European Debt Crisis. Despite a 6% gain on sales in the UK, […]
 

ECB in Shock Interest Rate Drop

03 Nov 2011 @ 14:07
Amidst political turmoil in Greece and the G20 summit in Cannes, the FTSE has rallied strongly following the ECB’s announcing an interest rate cut from 1.50 to 1.25%. Commentating on the news Clem Chambers, CEO of ADVFN, argued that: “The tempo of chaos of the Euro debt crisis is rising. With Italian interest rates at all-time […]
 

Max Petroleum - Mixed Results in Drilling Update

02 Nov 2011 @ 15:39
Max Petroleum (LSE:MXP) told investors in a public release today that it will plug the ZLGS-1 exploration well on the Zhalgyz South prospect in Block A of their operations in Kazakhstan. The results announced today are contrary to the positive report on the prospect posted in early October. In an update made public on the 11th of […]
 

TomCo Share Price Soars

02 Nov 2011 @ 14:50
TomCo Energy (LSE:TOM) is a top moving stock today, up more than 25% as investor confidence soars in shale oil processing. The company owns leases covering around 3,000 acres of some of the best shale oil lands in Utah, estimated to hold as much as 230 million barrels of oil. This deposit is part of […]
 
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