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STOCKS NEWS EUROPE-UK small caps close 0.5 percent higher

Tue, 09th Apr 2013 16:15

UK small caps close up 0.5 percent, slightly underperforming thewider market, with both the midcaps and the blue chips 0.6percent firmer.

UK Mail Group gains 8.6 percent after saying it expects an increasein revenue of 6 percent for the fourth quarter, ahead of previous expectations.

"UK Mail continues to perform strongly, despite the tough economic backdrop,and following today's positive update, we re-affirm our Buy stance on the stockand slightly increase our cashflow TP to 420p (from 400p)," analysts at Investecwrite in a note.

Finnish miner Talvivaara rallies 13.2 percent, bouncingoff record lows hit in the previous session after it says a waste water leak atits mine in eastern Finland appears to be almost fixed, raising hopes its metalsplant will soon be able to restart production.

The rise in London-listed shares retraced some of the 19.7 percent fall ofMonday's session, when operations at its metals plant were first shut followingthe second leak in the plant since November 2012.

Reuters messaging rm://alistair.smout.thomsonreuters.com@reuters.net

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13 Jun 2014 14:54

Talvivaara To Delist In London, Remain On Helsinki Exchange

LONDON (Alliance News) - Talvivaara Mining Company PLC Friday said it plans to cease trading on the Main Market of the London Stock Exchange as it seeks to reduce the costs associated with the listing. Talviaara said there is no significant benefit in maintaining its London listing, given t

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Talvivaara Mining Pretax Loss Narrows

LONDON (Alliance News) - Talvivaara Mining Company PLC Wednesday reported that its first-quarter loss before income tax narrowed to 17.12 million euros from 31.73 million euros in the prior year quarter. Loss attributable to owners of the parent narrowed to 14.57 million euros from 21.01 m

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Talvivaara Mining Granted Deadline Extension For Reorganisation

LONDON (Alliance News) - Talvivaara Mining PLC Wednesday said it has been granted a deadline extension for submitting its proposals for its reorganisation programme. In a statement, the base metal producer with operations in Finland said it has been granted a deadline extension by the Dist

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14 May 2014 08:09

UPDATE 1-Talvivaara plans to delist from London bourse

(Adds comment, background) HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. Hurt by falling nickel prices and repeated production disruptions,

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14 May 2014 06:10

Talvivaara plans to delist from London bourse

HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. The firm said the London delisting, if approved at its shareholder meeting next month, would take ef

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Talvivaara soars on loan agreement with Nyrstar

Shares soared in Finnish nickel and zinc miner Talvivaara as it secured a loan, from Belgian zinc giant Nyrstar, that looks to have solved its 'critical' funding issues. Nyrstar, with which Talvivaara has a zinc streaming agreement, has agreed to loan Talvivaara up to a maximum of €20m in several

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