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Tony Foye, the new Executive Director of Wilmington Group, a financial and legal training provider, has bought up 385,000 ordinary shares, significantly boosting his share in the company to 435,000 shares. Foye joined the firm at the beginning of last month and is to become the Chief Financial Off
Read moreWalker Greenback's Chief Executive Officer, John Sach, has sold 100,000 ordinary shares in the company on the same day the luxury interior furnishings group reported an increase in half year sales. The boost to sales came after an upturn in the US interior furnishings industry despite the fact tha
Read moreAlkane Energy is "farming in" Aberdeen Drilling to two of its exploration licences in the North East and East Midlands regions of England. The agreement could see Aberdeen gain up to 50% of the concessions in a drilling campaign focused on "coal bed methane". The estimates for the total gas in pla
Read moreAlternative energy provider Alkane Energy revealed a 10% increase in half year pre-tax profit and said it is well placed to make further progress. The coal mine methane producer said pre-tax profit rose to £718,000 in the 6 months ended 30 June 2011 from £653,000 the same time a year earlier. Reven
Read moreAIM-listed green technology company TEG and energy company Alkane are to form a joint venture to handle the contract for a new plant in north-east Wales, which will convert food waste into electricity and fertiliser. The 15-year contract, which guarantees a supply of food waste to the facility f
Read moreNon-executive chairman Cesar Alierta Izuel has opened his account in British Airways owner International Consolidated Airlines in a big way, spending nearly £2.5m on shares. He took 165,000 shares at €2.82 a time, 729,575 at €2.84 and 105,425 at €2.75. Izuel has been on the board of IAG since the
Read moreFirst quarter revenues at coal mine methane (CMM) firm Alkane Energy soared by 51% in the first quarter as electricity output jumped 54% (year-on-year) to 37GWh. The group said that pricing has also continued to strengthen recently as concerns over the situation in the Middle East and Japan have "i
Read moreNorth Sea oil explorer Encore Oil is looking to float a new company made up of its exploration assets on AIM, while maintaining a "significant" shareholding. "The new company would raise the necessary capital to progress a high impact exploration drilling programme," it said alongside today's int
Read moreThe automobiles and parts sector is in the red today, dragged lower by carmakers across Europe. Auto stocks were in demand yesterday after a report from a German newspaper said that Scania is interested in a takeover bid for truck maker Man. Both Man and Scania parent Volkswagen are lower in Frankf
Read moreThe Office of Fair Trading (OFT) is investigating the market for the treatment of organic waste in order to assess whether there are appropriate incentives for technologies such as anaerobic digestion. It is government policy to encourage the generation of energy from waste through anaerobic dige
Read moreSpeciality drug developer AGI Therapeutics posted narrower losses in the six months to June 30 and said it was on the look-out for 'external opportunities.' The company, which is developing treatments for gastrointestinal disorders and multiple sclerosis, saw pre-tax losses narrow to $3.1m from $9.
Read moreAutonomy is among the stocks giving the software sector a lift. Gossip doing the rounds yesterday was acquisition-hungry US software giants Microsoft and Oracle are in the frame as likely bidders for the data search group at a price north of 2500p per share. A rise in the share price of Alkane Ener
Read moreThe Junction Fund, which is 13.4% owned by the property fund manager Capital & Regional has sold the St Andrews Quay Retail Park in Hull to Threadneedle Strategic Property Fund for £81.9m. Last month Capital & Regional's 16.7% owned Mall Fund raised £135.9m through the sale of four shopping centres
Read moreLONDON (Dow Jones)--Alkane Energy Plc (ALK.LN), owner and operator of "Gas to Power" plants in the U.K., announced Wednesday an additional three year GBP5.5 million Revolving Credit Facility with Lloyds TSB Bank PLC (LLOY.LN) to fund the development of its new sites. MAIN FACTS: -The three y
Read moreStrong results from Melrose help lift the industrial engineering sector higher. Engineering conglomerate Melrose said the acquisition of FKI is working out better than expected for thee, helping it lift headline profits rise by almost two-thirds in 2009. Revenue advanced to £1,298.5m from £895.3m
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