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London open: FTSE 100 falls into red, markets await Bernanke

Fri, 26th Aug 2011 08:31

The FTSE 100 fell into the red in early trading, with heavyweights AMEC, Resolution and ARM Holdings dragging the blue chip index lower, after a poor performance on Wall Street last night and a mixed session in Asia. Meanwhile, financials were on the rise, with Hargreaves Lansdown, Lloyds, RBS and Standard Life among the better performers. Car insurer Admiral is a high risers, recovering after its recent decline. Today is the big day of the week, with Federal reserve chairman Ben Bernanke set to make an eagerly awaited speech at the central bankers' conflab in Jackson Hole, Wyoming. Investors seem disinclined to commit themselves ahead of Bernanke's speech. Mining giant Rio Tinto fell lower despite the independent directors of Australian Stock Exchange-listed miner Coal & Allied having given the green light to plans by Rio and Japanese trading house Mitsubishi Corporation to take full ownership of the company.Transport logistics firm Stobart Group was a heavy faller on the FTSE 250 after it said its transport and distribution division is back on the right track in August after a difficult period in June and July. Eastern Europe-focused oil producer Exillon Energy was out of favour despite moving into the black in the first half of 2011, as production hit record levels for the company.Berendsen, the FTSE 250 workwear textile rental and laundering services firm, also disappointed even though it said it was able to up its adjusted profits by 18% in the six months ended 30 June, as it made good progress in the implementation of its strategic review.Specialty chemicals producer Yule Catto rose higher after it posted sharp rise in half year pre-tax profit helped by strong demand from Asia and its PolymerLatex acquisition.Sales at low emission power products developer Ceramic Fuel Cells surged by 81% during the 12 months ended 30 June, but losses widened as operating expenses were increased. Shares fell into the red.BCFTSE 100 - Risers3i Group (III) 213.10p +2.30%Admiral Group (ADM) 1,308.00p +2.27%Burberry Group (BRBY) 1,238.00p +1.64%Hargreaves Lansdown (HL.) 408.50p +1.01%Kazakhmys (KAZ) 1,005.00p +0.80%Lloyds Banking Group (LLOY) 31.23p +0.77%Diageo (DGE) 1,176.00p +0.51%Randgold Resources Ltd. (RRS) 6,300.00p +0.48%Scottish & Southern Energy (SSE) 1,241.00p +0.40%Barclays (BARC) 158.50p +0.38%FTSE 100 - FallersAmec (AMEC) 842.00p -3.88%Resolution Ltd. (RSL) 247.70p -3.43%ARM Holdings (ARM) 514.50p -2.65%Marks & Spencer Group (MKS) 310.70p -1.71%Rexam (REX) 338.20p -1.69%Tullow Oil (TLW) 983.50p -1.55%Aggreko (AGK) 1,738.00p -1.53%Carnival (CCL) 1,799.00p -1.48%Cairn Energy (CNE) 290.70p -1.19%BP (BP.) 381.55p -1.18%FTSE 250 - RisersYule Catto & Co (YULC) 177.50p +4.41%Computacenter (CCC) 366.80p +3.38%Anglo Pacific Group (APF) 297.80p +2.69%Kofax (KFX) 327.90p +2.63%Electra Private Equity (ELTA) 1,459.00p +2.10%Dunelm Group (DNLM) 444.00p +1.83%United Business Media Ltd. (UBM) 443.70p +1.79%BH Macro Ltd. GBP Shares (BHMG) 1,989.00p +1.53%Hiscox Ltd. (HSX) 352.80p +1.50%Pace (PIC) 101.00p +1.41%FTSE 250 - FallersSalamander Energy (SMDR) 218.70p -4.08%Stobart Group Ltd. (STOB) 127.00p -4.08%New World Resources A Shares (NWR) 550.50p -3.93%Aegis Group (AGS) 129.60p -3.14%AZ Electronic Materials SA (WI) (AZEM) 220.10p -3.00%Elementis (ELM) 138.80p -2.87%CSR (CSR) 219.50p -2.36%EnQuest (ENQ) 105.00p -2.33%Kenmare Resources (KMR) 42.50p -2.30%Phoenix Group Holdings (DI) (PHNX) 529.00p -2.22%
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30 Apr 2014 15:40

Ceramic Fuel Cells 3rd Quarter Disappoints With Limited Sales

LONDON (Alliance News) - Ceramic Fuel Cells Ltd, the natural gas and renewable fuels technology company, said Wednesday that it only sold 15 units in the third quarter, in what it said was a "disappointing" trading performance after improving sales momentum earlier in the year. The company

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24 Mar 2014 12:46

Ceramic Fuel Cells Raises Money In Placing, Gets Investment Deal

LONDON (Alliance News) - Ceramic Fuel Cells Ltd Monday said it has raised about GBP3.36 million in a placing and also signed a deal with an investor which will lead to an investment of between USD3 million and USD8.5 million, money it needs to keep going after a recent big order collapsed.

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24 Mar 2014 10:20

Ceramic Fuel Cells announces fundraising

Ceramic Fuel Cells has raised 3.36m pounds as part of its plan to boost its capital reserves. The group has also entered into a so-called Bergen Agreement, by which the investor has agreed to put in a minimum of $3m and up to $8.5m in the company. The investment is in consideration of the firm is

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10 Mar 2014 15:00

Ceramic Fuel Cells Not Aware Of Reason For Share Jump

LONDON (Alliance News) - Ceramic Fuel Cells Ltd said Monday that it did not know any specific reason for the sharp rise in its share price, after it rose to a high of 2.65 pence. Shares in Ceramic were trading up 39% at 2.50 pence Monday afternoon, but had traded at 2.65 pence earlier in th

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3 Mar 2014 09:26

Ceramic Fuel Cells Trims Loss, Receives Order For 100 BlueGEN Units

LONDON (Alliance News) - Ceramic Fuel Cells Ltd Monday said its pretax loss narrowed slightly in its first half as revenues improved and it has received a large BlueGEN unit order. The developer of fuel-cell technology generators to convert natural gas into electricity and heat for homes an

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20 Feb 2014 11:03

STOCKS NEWS EUROPE-UK small caps index down 0.4 percent

The FTSE small cap index and junior-listed AIM shares are down 0.4 percent and 0.3 percent respectively, against a 0.26 percent fall recorded by the blue chip index and a 0.6 percent weaker mid-caps index . Real estate investment trust Redefine falls 3.9 percent after announcing it is relea

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20 Feb 2014 10:55

Ceramic Fuel Cells Slides As Synergy International Deal Falls Apart

LONDON (Alliance News) - Ceramic Fuel Cells Ltd Thursday said it has decided that Synergy International OÜ is in breach of contract after the Estonian distributor missed a second deadline for paying for BlueGen units it had ordered, meaning the British company is now having to look at its options

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20 Feb 2014 10:09

Ceramic Fuels dives after Synergy Intl breaches contract

Shares in Ceramic Fuel Cells plunged more than a third on Thursday after the group told investors Synergy International had breached the terms of its contract by failing to make a pre-payment. The contract had a value of more than 20m euros. The pre-payment, the deadline for which had aleady by

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27 Dec 2013 08:55

Ceramic Fuel Cells Raises GBP3.2 Million In Placing And Overseas Offer

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18 Dec 2013 10:46

Ceramic Fuel Cells sells powder plant assets to ICL-PP Europe

Ceramic Fuel Cells is selling its powder plant assets in Bromborough, UK, to the materials business unit of ICL-PP Europe for 1.15m pounds. CFU is no longer utilising the powder from the plant due to a change in the production process. The firm explained that it had realised a surplus asset which

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28 Nov 2013 12:27

CORRECT: AIM IN BRIEF: Herstal Emerges As Favourite To Acquire Manroy

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28 Nov 2013 12:22

UK WINNERS & LOSERS: Carney Knocks Down Housebuilders, Cameron Snuffs Tobacco Shares

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28 Nov 2013 10:31

Ceramic Fuel Cells bounces on Baltic bonanza

Ceramic Fuel Cells (CFU) has agreed to sell 1,000 BlueGEN small-scale electricity generators to its new Baltic distribution partner over the next two years, more than double the number of units the company has sold in its history. The Australian-based company said the units were valued at more tha

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28 Nov 2013 08:48

Ceramic Fuel Cells Soars On Baltic Distributor Deal

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28 Nov 2013 08:22

AIM IN BRIEF: Beretta Emerges As Favourite To Acquire Manroy

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