Batm Advanced Share News (BVC)

Reckitt Benckiser: "However, contrary to common perception, the success of Reckitt Benckiser's business model has had, historically, very little to do with trading the consumer up" but has rather relied on gross margin-accretive acquisitions and a strong focus on cost-saving initiatives" [Nomura].Lloyds: "Slightly better headline results vs. our estimates with no major disaster in Q3. Whilst this should provide some relief we think the stock will remain clouded by current management issues as well as muted guidance" [Credit Suisse]. Ryan Air: "We continue to find the Ryanair story compelling" [Nomura].BATM Advanced Communications: "With a balance sheet underpinned by significant cash and fixed assets, the group looks significantly undervalued at the current share price" [finncap].Babcock: "We maintain our full year forecasts for the year, and suspect there is scope to lower our net debt assumptions given the strong on-going cash generation" [Panmure Gordon].Balfour Beatty: "Its broad geographic base and infrastructure skill sets should give it greater defensive qualities relative to its UK peer group. The valuation remains attractive and we stay positive" [Panmure Gordon].Aureus Mining: "However, whilst the high grade main orebody isintact, there may be some flexibility to convert some waste to lower grade ore. That would increase the ounces, reduce the strip and grade, and provide some flexibility for either a high or low, gold price environment" [Singer Capital].Marks&Spencer: "On the back of this statement we do not expectconsensus forecasts to change significantly, with a weaker macro environmentoffsetting management action on costs. We have a £700m March 2012 PBT (EPS32.3p, -1% yoy)" [Citi].AB