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WINNERS & LOSERS SUMMARY: Unilever Up After Posting Solid Sales Growth

Thu, 18th Apr 2019 10:38

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Unilever, up 3.2%. The consumer goods giant said revenue dipped in the first quarter of 2019, due to the sale of its spreads business, but said it is on track to meet expectations. Moreover, Unilever also upped its quarterly dividend to EUR0.4104 per share, a 6.0% rise from its EUR0.3872 dividend for the same quarter of 2018. The Anglo-Dutch firm posted revenue of EUR12.42 billion for the three months to March 31, down 1.6% from EUR12.62 billion the year before. This was the result of the sale of its spreads business. For the quarter, underlying sales growth was 3.1%, with 1.2% attributed to volume and 1.9% to price. In 2019 as a whole, the company expects to report underlying sales growth in the lower half of its 3% to 5% range.----------FTSE 250 - WINNERS----------Moneysupermarket.com, up 9.6%. The firm reported a double-digit increase in revenue for the first quarter of the year on the back of a "strong trading performance". For the three months to March 31, the FTSE 250 price comparison website's revenue rose 19% to GBP104.9 million. Revenue in the company's Home Services division surged by 70% to GBP19.6 million, while Money and Insurance revenue rose 9% and 3% respectively to GBP25.3 million and GBP48.3 million. Looking ahead, the company expects Home Services performance to moderate through the year, after an "exceptional" quarter. The outlook for the remainder of the year is unchanged and the board is confident of meeting market expectations, Moneysupermarket said.----------Avast, up 3.3%. Avast reaffirmed guidance for 2019 following strong revenue and earnings growth in the first quarter. The cybersecurity provider said adjusted revenue in the three months to the end of March rose by 8.5% to USD209.1 million. For the first quarter, adjusted earnings before interest, taxes, depreciation, and amortization increased by 5.4% to USD117.5 million, resulting in an adjusted Ebitda margin of 55.5%. Looking ahead, Avast reaffirmed its annual outlook for high single-digit adjusted revenue growth, excluding currency impact, and a broadly flat adjusted Ebitda margin.----------FTSE 250 - LOSERS----------Hastings Group, down 4.8%. The stock went ex-dividend meaning new buyers no longer qualify for the latest dividend payout.----------Drax, down 4.8%, Vesuvius, down 4.1%, NewRiver REIT, down 3.3%, Polypipe, down 2.4%, John Laing, down 2.1%, Bodycote, down 2.4%. All went ex-dividend.----------OTHER MAIN MARKET AND AIM - WINNERS----------SimiGon, 48% higher. The firm has signed a blanket purchase agreement with the US Department of Defence's Enterprise Software Initiative. The simulation training solutions provider has agreed on pricing and processes with the US defence department for government customers to purchase SimiGon's products and services. The total potential sales amount for all selected vendors under this deal is USD238.6 million over a period of 10 years, starting form April, SimiGon said.----------MX Oil, up 40%. The firm has proposed a share consolidation and a name change. The oil & gas investing company is proposing to consolidate its ordinary share capital on the basis of 1 consolidated share for every 100 existing shares, thereby reducing the number of shares in issue to 44.7 million from 4.47 billion. Furthermore, MX Oil is proposing a resolution to shareholders to change the company's name ADM Energy PLC. The rationale for the name change follows a recent strategic investment by Shaikh Ahmed Bin Dalmook Al Maktoum. ----------Venture Life, up 13%. The firm registered double-digit revenue growth in 2018 following the acquisition of Dentyl last August. The consumer self-care company reported a pretax profit of GBP710,000 for 2018 compared to just GBP63,000 a year prior, as revenue rose 17% to GBP18.8 million from GBP16.1 million. The Brands segment, which includes the Dentyl mouthwash brand, increased revenue by 50% to GBP6.6 million from GBP4.5 million in 2017. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Starcom, down 24%. The firm intends to raise GBP637,500 via a subscription of shares to pay suppliers, meet product demand, and for working capital purposes. The company will issue 51.0 million shares at 1.25 pence per share to new and existing shareholders.----------

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10 Jun 2019 14:14

MX Oil Changes Name To ADM Energy Following Shareholder Approval

LONDON (Alliance News) - MX Oil PLC on Monday said it has now changed its name to ADM Energy PLC after a resolution was passed at its general meeting.On Friday, MX Oil said three of the six

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7 Jun 2019 14:48

MX Oil Shareholders Reject Half Of General Meeting Resolutions

LONDON (Alliance News) - MX Oil PLC on Friday said three of the six resolutions put to vote at a general meeting were not passed, including the adoption of a share option plan.Shares in oil

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5 Jun 2019 13:55

MX Oil Settles Fees For Renewal Of OML 113 Licence In Nigeria

LONDON (Alliance News) - MX Oil PLC on Wednesday said it settled the balance for the acquisition of the OML 113 licence, part of the Aje field in Nigeria.The oil & gas investing company

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2 May 2019 12:18

MX Oil Notes Rise In Gross Reserves At Nigerian Aje Field

LONDON (Alliance News) - MX Oil PLC on Thursday said an updated report shows increased gross proved and probable reserves at the Aje oil and gas field in offshore Nigeria.Shares in oil and

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30 Apr 2019 10:35

MX Oil Shares Rise As Reserves Increase At Aje Despite Production

LONDON (Alliance News) - Shares climbed in MX Oil PLC on Tuesday following the outcome of an updated competent persons report for the Aje field, in Oil Mining Lease 113, offshore in the oil &

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18 Apr 2019 09:36

MX Oil Shares Surge Share Consolidation And Name Change Proposal (ALLISS)

LONDON (Alliance News) - Shares In MX Oil PLC on Thursday jumped as the company proposed a share consolidation and a name change.MX Oil shares were trading 58% higher at 0.19 pence each the

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15 Apr 2019 11:57

MX Oil Confident On Profitability, Gets Investment From Dubai (ALLISS)

LONDON (Alliance News) - MX Oil PLC expects to reach profitability after positive cash flow begins in 2020, it said Monday, while it has also received investment from Dubai.MX said from the

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4 Feb 2019 11:12

MX Oil Reports Oil Production At Aje Above Initial Expectations

LONDON (Alliance News) - MX Oil PLC on Monday reported production from the Aje field "above initial expectations", with the company upping its production expectations.MX Oil were

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2 Jan 2019 13:22

MX Oil Chief Operating Officer Nigel McKim To Depart On January 13

LONDON (Alliance News) - MX Oil PLC said on Wednesday that Nigel McKim will step down from as chief operating officer and from the company's board to take up an undisclosed new role, with on a

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22 Oct 2018 10:39

MX Oil Raises GBP1.0 Million To Further Develop OML 113 Licence (ALLISS)

LONDON (Alliance News) - MX Oil PLC said on Monday it has raised GBP1.0 million through a subscription and placing of 1.0 billion shares at a price of 0.1 pence per share.Shares in the oil

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27 Sep 2018 11:38

MX Oil Interim Loss Widens, Expects Further Drilling In 2019

LONDON (Alliance News) - Oil and gas investment company MX Oil PLC on Thursday reported a widened pretax loss as it continues to focus on developing its Nigerian investment.Shares in MX Oil

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24 Aug 2018 12:50

MX Oil Shares Rise As OML 113 Operator Gains Consent For Renewal

LONDON (Alliance News) - Oil and gas investment company MX Oil PLC said on Friday that the operator of offshore Nigeria licence OML 113 had received consent from the Minister of Petroleum to renew

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10 Aug 2018 16:23

UK Shareholder Meetings Calendar - Next 7 Days

Monday 13 Augustno events scheduledTuesday 14 AugustCastingsGabelli

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29 Jun 2018 12:08

MX Oil Shares Drop On Sharply Widened Annual Loss

LONDON (Alliance News) - MX Oil PLC shares dropped Friday after it posted a significantly widened annual loss on the back of costs relating to the operation and development of wells in the Aje in

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