Gemfields Grou. Share News (GEM)

BROKER RATING CHANGES: Investec Raises Barclays To Buy

Friday tips round-up: Aviva, Ted Baker, Gemfields

Aviva's sale of its USA unit means that the programme of sales of non-core businesses, or those that needed more capital than Aviva was prepared to commit, is now largely over. The US disposal allows internal debt to continue to reduce and boosts the key internal surplus capital ratio ? the differen

STOCKS NEWS EUROPE-UK small caps closes down 0.4 percent

UK small caps and junior-listed AIM shares fall as much as 0.4 percent underperforming the mid-caps and the blue chips, which shed 0.1 percent and rise 0.2 percent, respectively. Totally gains 11.5 percent in heavy volume after the marketing and solutions firm agrees a pilot project with Hi

Gemfields results held back by Zambian government discussions

Disruptions to its auction schedule held back revenues at gemstone miner and Fabergé owner Gemfields in the year to June, though demand and market prices remain strong. The Zambia-focused company held two auctions in the period compared to four the previous year, as the Zambian government proposed

Gemfields Swings To Loss As Switch To Local Zambian Auctions Disrupts Sales

UPDATE 1-Gemfields says keen to acquire more emerald deposits

* Says close to acquiring a sapphire asset * Full-year revenue falls 42 pct * Full-year pretax loss $22.8 mln vs profit $161.5 mln last year * Appoints Janet Blas as group CFO * Shares fall 4 pct By Roshni Menon Oct 3 (Reuters) - Miner Gemfields Plc said it wou

Emerald miner Gemfields revenue tumbles after auction delay

Oct 3 (Reuters) - Emerald miner Gemfields Plc reported a 42 percent drop in revenue as it had to delay a rough-emeralds auction by a month following a directive by the Zambian government, pushing the auction revenue into the current year. Gemfields reported a pretax loss of $22.8 million f

STOCKS NEWS EUROPE-UK small caps up 0.1 pct into mid-session

UK small caps are up 0.1 percent heading into mid-session, while junior-listed AIM shares gain 0.3 percent, with both outperforming the slightly softer mid-caps and blue chips. Shares in Gemfields rise 7.3 percent after the emerald miner says it sold a little over half a million carats of r

Emerald miner Gemfields rakes in $31.5 million at Lusaka auction

July 22 (Reuters) - Emerald miner Gemfields Plc said it sold a little over half a million carats of rough stones at its first high-quality emerald auction in Lusaka, Zambia, raking in $31.5 million. Gemfields, owner of the Fabergé luxury jewellery brand, said it realised an average price o

UPDATE 1- Auction delay to hurt Gemfields full-year revenue

July 1 (Reuters) - Gemfields Plc, a Zambia-focused precious stones miner, estimated a 46 percent fall in full-year auction revenue as it delayed its rough-emeralds auction by a month, following a directive by the Zambian government. The Zambian Ministry of Mines, Energy and Water Developmen

STOCKS NEWS EUROPE-UK small caps up 0.2 pct, underperform market

UK small caps are up 0.1 percent, underperforming a 0.4 percent stronger AIM index and a 0.9 percent advance recorded by the mid-caps. The Daily Mail and General Trust gains 1 percent after Jonathan Harmsworth, the Viscount Rothermere, who owns a controlling stake in the trust that runs the

Gemfields estimates full-year auction revenue to fall 46 pct

July 1 (Reuters) - Precious stones miner Gemfields Plc said its auction of emeralds would take place a month later than originally planned and that the delay would lead to a 46 percent fall in full-year auction revenue. Gemfields, owner of the Fabergé luxury jewellery brand, said its auct

Tuesday broker round-up UPDATE

AG Barr: Investec cuts target price from 591p to 581p, while upgrading from add to buy. Canaccord Genuity upgrades to buy with its target price at 570p. Aquarius Platinum: Nomura reduces target price from 90p to 65p, but keeps its buy recommendation. AstraZeneca: Berenberg takes target price from

Tuesday tips round-up: Xaar, AstraZeneca, Gemfields

Since having floated itself back in 1996 at about a quid, inkjet printing technology outfit Xaar has metamorphosed into the market leader for the digital technology used to produce ceramic tiles ? a huge market, especially in China. About 15 per cent of tiles are produced digitally at present, but t

STOCKS NEWS EUROPE-UK small stocks outperform larger caps

The FTSE Small Caps Index and the junior FTSE AIM All-Share Index close 0.1 percent lower, outperforming blue-chips, down 1.1 percent, and mid-caps, down 0.6 percent. Beowulf Mining slips 1.5 percent lower after the company says it has decided to relinquish exploration permits on some site