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Miner Forte Energy has discovered further significant intersections after drilling 10 new holes at its A238 uranium prospect in Mauritania. The holes were drilled immediately north of the main shoot of the A238 system "provide a clearer geological picture of the transition from the narrow, low gra
Read moreSpecialist book publisher Quarto says it could beat expectations for the full year after a strong performance in the third quarter. The company, whose titles range from arts and crafts publications to cookbooks, saw pre-tax profits rise to £3.6m in the nine months to September 30, from £3.1m over t
Read moreLONDON (Dow Jones)--Quarto Group Inc. (QRT.LN), a publisher of illustrated non-fiction books, said Wednesday its performance in 2010 is running ahead of expectations with revenues up, inventory down, and cash generation stronger than forecast. MAIN FACTS: -Shares at 1420 GMT up 5 pence, or 5
Read morePetrel Resources rocketed higher Monday after announcing work is to restart in Iraq after settling all outstanding issues on the Subba and Luhais oilfield development in the south of the country. The AIM-listed oil and gas explorer no longer has any liability or exposure to any possible project lo
Read moreInvestment firm LMS Capital's net asset value fell 6% to 84p last year as the pound strengthened against the dollar. The return on the investment portfolio for the year was a net loss of £4.9m (2008: net loss of £36.7m). "Our low levels of debt and broadly balanced investment portfolio position us
Read moreOn-line fell back Thursday after reporting an increase in its full-year loss to £267,000 from £137,000 a year ago on turnover little changed at £126,000. The company, which has stakes in ADVFN and ALL IPO, wrote off £298,000 on investments, mostly due to Smoking Gun which de-listed from the Plus ma
Read moreBalfour Beatty has unveiled a major acquisition, funded through a £353m rights issue. Balfour is offering three shares for seven at 180p each, a 48pc discount to the previous closing share price of 344p. The shares are trading on a December 2009 earnings multiple of 9 times and yielding 3.8pc. The s
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