Ceramic Fuel Cells Share News (CFU)

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London afternoon: Stocks sail on Greek tailwinds

Tue, 31st May 2011 14:21

Optimism about a resolution to Greece's latest dire need for a bail-out is giving equities a boost today, providing some much needed focus on a day that is short of block-busting company news. Serco, the outsourcing company whose activities include running prisons and London's Docklands Light Railway, has announced the acquisition of India-based service provider Intelenet for up to £385m."The acquisition is in line with Serco's strategy which is focused on driving organic growth, supplemented by strategic acquisitions of skills and capabilities to enter new markets and sectors where it sees strong opportunities to enhance growth and margins," said Prime Markets' head of dealing Richard Curr.Elsewhere in the sector, outsourcing specialist Capita has acquired specialist healthcare recruitment firm Team24 for £24m, with up to £2m more payable depending on the firm's performance in the year to 31 March, 2012. Team24 made a pro forma operating profit for its financial year to 31 March 2011 of £4.2m on turnover of £32.7m.In the FTSE 250, Pace is higher after it announced that the chairman of set-top box maker is stepping down after a troubled end to his five years in charge of the company. Mike McTighe will be replaced by Allan Leighton, former non-executive chairman of the supermarket Asda. Leighton joins the board today and is expected to take over as chairman in summer. Industrial chain maker Renold pared back pre-tax losses as it looks to emerging markets for fresh sales momentum. Pre-tax loss narrowed to £1.3m from a loss of £13.6m before.Sweden-focused mineral exploration company Beowulf Mining endured a harsh winter of epic proportions but remains on course to complete its drilling programme by the end of the second quarter of 2011. In the first three months of 2011 it lost £0.13m before tax, compared to a loss of £0.01m in the first quarter of last year.Ceramic Fuel Cells, the low emission power products developer, pulled well clear of its 52-week low after it announced it second-ever largest sales order. The company is to sell 25 of its BlueGen gas-to-electricity units to Ausgrid, the organisation formerly known as Energy Australia.Stockbroker and investment manager Brewin Dolphin is set to buy Ireland-based fund management firm Tilman Asset Management for a total consideration of €35.9m (£23.1m), payable in shares.Investors at Desire Petroleum were given a reason to buy after the company announced positive 3D seismic data from the East Flank Play Fairway. The group - which is wholly-focused on the North Falkland Basin - said that its 3D seismic acquisition programme is now complete and the full-fold area of coverage is around 1,416 sq km. However, a planned extension of the survey was curtailed as a result of poor weather.Chariot Oil & Gas expects to move towards starting its drilling campaign off the coast of Namibia later this year after making "significant progress" over the past 12 months.

More News

13 Nov 2013 12:39

UK WINNERS & LOSERS: Sainsbury Leads FTSE 100 Winners, Several Oil Stocks Slip

13 Nov 2013 11:43

Ceramic Fuel Cells To Deliver 55 BluGEN Fuel Cells

30 Oct 2013 11:30

Ceramic Fuel Cells Increases Unit Sales, Reduces Cash Outflow In 3rd Quarter

10 Oct 2013 14:54

Ceramic Fuel Cells wins deal, welcomes German backing

Ceramic Fuel Cells (CFC) secured a contract for its combined heat and power (CHP) generation equipment as it welcomed a move by Germany to support the technology. The group said it would supply fuel cell parts for 40 CHP units to heating system maker Ideal Heating as part of an EU-funded project.

10 Oct 2013 08:48

Ceramic Fuel Cells Says German OK For Micro Power Plants Opens Market

30 Apr 2013 12:07

Ceramic Fuel Cells poised to raise 4.3m pounds from investors

Ceramic Fuel Cells, the developer of generators which use fuel cell technology to convert natural gas into electricity, has received in principal commitments from institutional investors in the UK to raise a 4.3m pounds, subject to the finalisation of transaction documents with each of them. The c

26 Mar 2013 13:48

Ceramic Fuel Cells and iPower receive go ahead for housing project

AIM-listed generators developer Ceramic Fuel Cells (CFCL) and energy services company iPower Energy (iPower), have received the go ahead for a housing association project. The project will involve participating tenants of Housing Solutions, a housing association located in Maidenhead, England. I

29 Jan 2013 07:55

Ceramic Fuel Cells signs contract with iPower Engery

Ceramic Fuel Cells signed a distribution agreement with UK energy services company iPower Energy, the company announced Tuesday. Ceramic, a developer of generators which use fuel cell technology to convert natural gas into electricity and heat for homes and buildings, will provide BlueGen units, wh

2 Jan 2013 15:34

Ceramic Fuel Cells falls on resignation news

Ceramic Fuel Cells fell after announcing the resignation of two of its senior bosses. The company, which makes generators that use fuel cell technology to convert natural gas into electricity and heat, said managing director John Dempsey had left the firm on 31st December. The business also confir

29 Oct 2012 12:41

Small caps round-up: Surgical Innovations, Verdes, Ceramic Fuel Cells

Surgical Innovations Group, a designer and manufacturer of creative solutions for minimally invasive surgery, has shipped the first batch of its PretzelFlex device, and expected to ship a second batch in December. The shipment was part of an eight-year agreement with Care Fusion which gave them excl

15 Oct 2012 15:30

Small caps roundup: Ceramic Fuel Cells, YouGov, Bayfield Energy Holdings

Ceramic Fuel Cells, a developer of generators which use fuel cell technology to convert natural gas into electricity and heat, said it had appointed a Commercial Director to its European management team as it seeks to increase sales in Germany. Andreas Ballhausen joins from German energy utility fir

3 Oct 2012 11:37

Small caps round-up: Sarantel Group, Ceramic Fuel Cells, Timeweave

Sarantel Group jumped after it struck a deal to supply Leica Cameras with GPS antennas designed to give geotagging data to photographers who want to sort and display their images based on location. Sarantel said its Multifunctional Handgrip M accessory would "give photographers a reliable GPS soluti

2 Oct 2012 09:27

Small caps round-up: CSF Group, Wessex Exploration, Ceramic Fuel Cells

Data centre firm CSF Group dropped 12 per cent in morning trading on Tuesday after it reported delays to a project in Malaysia would put a break on revenues this year. The firm said expansion plans for its CX6 data centre would mean increased development and maintenance revenue. However, it would al

25 Jul 2012 10:13

Wednesday broker round-up

3i Group: Investec initiates with buy rating and 236p target. APR Energy: UBS cuts target from 690p to 590p, sell rating unchanged. British American Tobacco: Jefferies keeps buy rating and 3,730p target. British Land: Jefferies keeps buy rating and 552p target. BT Group: Jefferies maintains buy

23 Jul 2012 11:52

Small caps round-up: Pinnacle, Armour, Sweett...

Pinnacle Technology Group, a provider of cloud based technology solutions, has entered into an exclusivity agreement with EE Soft, a security software company based in North Carolina in the US, under which EES has granted Pinnacle exclusivity to market and distribute its anti-theft computer security

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London afternoon: Stocks sail on Greek tailwinds

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