Thu, 28th May 2009 09:02
The boss of telecoms group AdEPT offloaded nearly £0.35m of stock on Wednesday, just a week after the company reported better-than-expected annual results. Ian Fishwick, AdEPT's Chief Executive Officer who founded the company in 2003, sold 290,000 shares at 120p a piece. The firm explained that th
Read moreLONDON (Alliance News) - Atlantic Coal PLC Thursday said its pretax loss narrowed in its last financial year, as lower costs in some areas of the business more than offset pressure on anthracite prices. However, its cash pile is dwindling. Atlantic Coal said its cash at bank fell to USD877,
Read moreLONDON (Alliance News) - BP Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Shire, up 3.6%. The pharmaceutical company is the leading riser in the blue-c
LONDON (Alliance News) - Atlantic Coal PLC Tuesday said its production rates and coal sales volumes fell in its first quarter due to weather constraints in North America during the period. The coal miner said its clean coal production fell 14% to 35,757 tonnes in the three months ended Marc
Read moreLONDON (Alliance News) - Coal miner Atlantic Coal PLC Friday said it has ordered new heavy trucks and bulldozers, purchases it hopes will further increase output at its Stockton Colliery in Pennsylvania. In a statement, the company said it has ordered six Komatsu Model HD785-7 100 ton haul
Read moreLONDON (Alliance News) - Atlantic Coal PLC Monday said it has achieved higher sales volumes for the full year, following a 45% production increase in its fourth quarter. The AIM-listed anthracite coal mining company, with operations in Pennsylvania, said its production for the three months
Read morePeter Chinneck, a Non-Executive Director of Atlantic Coal, has acquired five million shares in the coal production and processing company. Chinneck spend 0.24p a piece, giving a total trade value of £12,000. He now holds a total of 218m shares, equal to a stake of around 4.68%. Meanwhile, the wi
Read moreProving his confidence in the business on the day it published a profit warning, Iofina Chairman Chris Fay splashed the cash in two separate share purchases. Fay first bought £50,000 worth at 101p in the morning after the shares plummeted from Monday's 132.25p closing price. Later in the day he f
Read moreAIM-listed miner Atlantic Coal impressed with the signing of a joint venture with a China-based company that will buy at least 100,000 tonnes of its coal per year. China-based CIC Brancepeth Coal, which was founded and is currently managed by AIM-listed CIC Capital, also wants US-focused Atlantic t
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