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Pin to quick picksMediazest Share News (MDZ)

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London midday: Stocks stuck lower after jobs disappointment

Wed, 17th Aug 2011 11:56

Stocks are still under the cosh, with some weak employment data adding to the general malaise.Dole claims rose the most since May 2009 last month as pressures on the British economy intensified. The Office for National Statistics (ONS) said that the number of people claiming unemployment rose to 37,000 in July, almost double expectations.In company news brewing giant SABMiller goes hostile with its £6bn bid for Fosters, after the Australian brewer's directors showed no interest in discussing a takeover. SABMiller is offering A$4.90 per Foster's share, though the offer price will be reduced by an amount equivalent to any dividend or distribution paid by Foster's subsequent to the bid announcement.Shares in Talvivaara Mining fell sharply after the Finnish miner said sales in the second quarter were held back by a maintenance stoppage and a decrease in the nickel price. Sales totalled €37.6m, up from €35.2m in the same quarter the previous year. The company posted an operating loss of €1.2m, against a gain of €2.5m the previous year. Infrastructure group Balfour Beatty is lower after saying it expects markets to remain tough in the short term as it posted a meagre rise in underlying pre-tax profits and revenues for the half year to 1 July. Underlying pre-tax profits rose to £138m from £133m, while revenues edged up to £5.222bn from £5.16bn. Kazakh mining giant ENRC pointed to continued growth in neighbouring China and the recovery elsewhere as it posted a sharp rise in profits and revenues in the first half year. Revenues were up by 32% from the same period the previous year at $4.011m while EBITDA (earnings before interest, depreciation and amortisation) climbed by 33% to $1.927bn.Educational publisher Pearson, is lower despite saying it is to receive a belated $115m cash windfall from the sale of its Government Solutions business back in 2006. The business has subsequently been sold on again to General Dynamics.Turning to smaller companies, car dealer Lookers motors forward. It posted flat profits in the half year to 30 June as tough economic conditions and the removal of the government's subsidy scheme battered the new car market. Pre-tax profits slipped to £21.3m from £21.4m on revenues that edged up to £1bn from £988m. Advertising firm MediaZest falls sharply even after it said group revenues have improved since the start of the new financial year in April 2011 with momentum expected to carry on into the quarter ending 30 September 2011. Oil and gas group Matra Petroleum falls after reporting "frustrating" problems at its Well in the Sokolovskoe Field in Russia. It has suffered from a build-up of wax.FTSE 100 - RisersEurasian Natural Resources Corp. (ENRC) 646.00p +2.30%GKN (GKN) 202.50p +2.07%Fresnillo (FRES) 1,895.00p +1.83%Unilever (ULVR) 2,069.00p +1.67%Associated British Foods (ABF) 1,039.00p +1.66%Weir Group (WEIR) 1,936.00p +1.47%Shire Plc (SHP) 1,990.00p +1.38%Resolution Ltd. (RSL) 271.10p +1.19%Glencore International (GLEN) 399.75p +0.95%Kazakhmys (KAZ) 1,038.00p +0.87%FTSE 100 - FallersHargreaves Lansdown (HL.) 437.50p -4.48%ICAP (IAP) 425.70p -4.23%Standard Life (SL.) 204.10p -3.91%IMI (IMI) 836.50p -3.35%Barclays (BARC) 175.55p -3.33%Schroders (SDR) 1,470.00p -3.29%Petrofac Ltd. (PFC) 1,182.00p -2.80%Hammerson (HMSO) 414.80p -2.77%Royal Bank of Scotland Group (RBS) 25.03p -2.72%Schroders (Non-Voting) (SDRC) 1,194.00p -2.61%FTSE 250 - RisersSpirit Pub Company (SPRT) 46.75p +6.25%Redrow (RDW) 124.10p +4.81%Ocado Group (OCDO) 123.50p +4.04%Aquarius Platinum Ltd. (AQP) 252.70p +3.74%Perform Group (PER) 175.10p +2.94%Premier Foods (PFD) 15.24p +2.90%Croda International (CRDA) 1,788.00p +2.52%Berendsen (BRSN) 473.00p +2.20%African Barrick Gold (ABG) 542.00p +2.07%Supergroup (SGP) 1,000.00p +2.04%FTSE 250 - FallersTalvivaara Mining Company (TALV) 326.30p -9.44%London Stock Exchange Group (LSE) 827.00p -5.00%IG Group Holdings (IGG) 405.90p -4.87%Balfour Beatty (BBY) 250.80p -4.60%Tullett Prebon (TLPR) 353.40p -4.43%Regus (RGU) 79.50p -3.46%JKX Oil & Gas (JKX) 202.00p -3.35%Hays (HAS) 73.90p -3.34%Henderson Group (HGG) 137.60p -3.10%National Express Group (NEX) 234.00p -2.82%
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MediaZest swings to interim profit

(ShareCast News) - Media and audio visual installer group MediaZest swung to an interim profit and remained confident the positive trend will continue for the remainder of the year. In the six months to 30 September, the group posted earnings before interest, tax, depreciation and amortisation of £8

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13 Oct 2015 11:16

LONDON MARKET MIDDAY: Weak Chinese Trade Data Keeps Stocks In The Red

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13 Oct 2015 09:43

WINNERS & LOSERS SUMMARY: SABMiller Accepts Improved AB InBev Offer

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13 Oct 2015 07:37

MediaZest expecting GBP1m in revenue from new projects

(ShareCast News) - MediaZest said it's expecting £1m in revenue from some major projects with well-known brands. The AIM-listed audio-visual company released a trading statement on Tuesday ahead of the release of its half-year results next month. It said the group had secured new business from Hyun

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13 Oct 2015 07:28

MediaZest Secures New Business Worth GBP1.0 Million

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24 Aug 2015 09:25

Mediazest plunges as full-year loss widens

(ShareCast News) - Shares in Mediazest plunged over 28% early on Monday, after the media agency posted a wider pre-tax loss, due to a decline in revenues. The group posted a £776,000 pre-tax loss for the 12 months to the end of March, 14.9% more than in 2014, while its revenues declined 13.7% year-o

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24 Aug 2015 09:13

WINNERS & LOSERS SUMMARY: UTV Media Up 9% After Confirming Sale Talks

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24 Aug 2015 07:08

Mediazest Shares Fall As Contract Delay Hits Revenue, Widens Loss

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4 Aug 2015 11:05

Mediazest shares climb on contract wins

(ShareCast News) - Media and audio visual installer group Mediazest said it has won contracts worth a combined £500,000 with a number of new clients. In a statement issued on Tuesday, the London-listed company revealed since its last update in April, it has secured deals with technology giant Samsun

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9 Jul 2015 08:33

Mediazest Appoints Andy Last As Finance Director, Executive Director

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9 Jul 2015 08:18

MediaZest appoints new FD, sales director steps down

AIM-quoted creative audio-visual company MediaZest has appointed Andrew Last as its finance director with immediate effect. Last, who joined MediaZest in October 2014, will also be appointed as an executive director, the company confirmed on Thursday. Prior to MediaZest, Last worked in practice for

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8 Apr 2015 07:18

MediaZest Progressing Strategy In First Quarter Of 2015

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10 Mar 2015 09:49

Mediazest Secures Extension On Retail Analytics Contract

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24 Nov 2014 13:06

Mediazest jumps after officially launching Retail Analytics product

Mediazest shares rocketed on Monday after launching its retail data gathering product, MediaZest Retail Analytics. The product, which has been developed in conjunction with Argus Global Biometrics Technologies, is the first scalable intellectual property asset the group has added since inception. C

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1 Oct 2014 07:31

UK MORNING BRIEFING: Supermarkets Lead FTSE Lower On Sainsbury Sales

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