Member Info for jange

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Risk management provider Active Risk has downgraded its financial performance expectations for the past year in light of difficult trading conditions. "The company announces that its financial performance for the year ending March 31st 2013 is now expected to be below current market expectations," an update from the company stated. "This reflects difficult trading conditions arising from economic uncertainty in the company's core markets and customer deferrals in signing several major contracts." The company stated that the customer deferrals had been especially apparent in the US governmental and defence sectors as well as in the Australian mining market.

Mountview Estates on Monday said earnings were up 25 per cent during the third quarter on the back of strong property trading activity. The real estate group said it was well placed to take advantage of purchasing opportunities as it also reduced debt during the period. "The third quarter of our financial year has shown the same solid progress as the first six months," the company said. Mountview began the trading update by addressing the death of Director Keith Langrish-Smith. He worked for the company for 38 years and was a director since 1982. A full tribute will appear in the Chairman's statement accompanying the annual report and accounts when posted in July. Shares rose 2.14% to 4,774.00p at 14:00 Monday. Mountview owns and acquires tenanted residential property in the UK and sells property when it becomes vacant.

Tejoori's share price was unchanged at $0.40 at 08:00 on Monday.

Dubai-based Shari'a-compliant investment company Tejoori is considering options relating to its acquired Arjan plots, an update from the company has disclosed. Abdullah Lootah, Chief Executive Officer of Tejoori, told investors at an annual general meeting on Saturday February 9th: "Since acquiring the Arjan plots in December 2012, the board has been evaluating options in order to attempt to maximise the value of this investment. "This may include selling the plots in their current state or developing the plots before selling them. As part of this evaluation we have held discussions with a highly regarded development company for the potential for them to be the company's development partner should the board decide to proceed down this route. We look forward to updating shareholders on our strategy for the Arjan plots in due course."

Young & Co's Brewery 'A' Shares (YNGA) Director name: Mr Rupert Clevely Amount sold: 18,068 @ 799.37p Value: 144,430

New Europe Property Investments (NEPI) Director name: Mr Victor Semionov Amount sold: 49,839 @ 4.89 Value: 243,488

Top Director Sells New Europe Property Investments (NEPI) Director name: Mr Victor Semionov Amount sold: 61,148 @ 4.77 Value: 291,933

Tate & Lyle (TATE) Director name: Ms Ginny Kamsky Amount purchased: 5,000 @ 798.55p Value: 39,928

New Europe Property Investments (NEPI) Director name: Mr Dewald Joubert Amount purchased: 947 @ 4.77 Value: 4,521

Top Director Buys North Atlantic Smaller Companies Inv Trust (NAS) Director name: Mr Christopher Mills Amount purchased: 5,000 @ 1,318.00p Value: �65,900

Halfords Group (HFD) Director name: Mr Paul McClenaghan Amount sold: 46,221 @ 341.99p Value: 158,071

Commercial Director of Halfords, Paul McClenaghan, last week sold 46,221 shares in the bike and car accessories retailer, the company announced Monday. The shares were sold at 341.99p, for a total of �158,071. The transaction comes less than a month after the group announced its total revenue for the 15 weeks to January 11th increased 1.6%, while revenue rose 0.8% for the 41 weeks to January 11th. Revenue at autocentres for the third quarter rose 12.4% and for the 41 week period increased 15.4%. Like-for-like retail revenue for the 15 weeks rose 1.0% after a robust performance from car maintenance, which rose 6.1%.

The broker has raised its 2013 revenue estimate from �279.8m to �284.6m and its EPS forecast from 72.1p to 81.3p. O'Connor said: "In the wake of final results we have elected to increase estimates although we still feel that Fidessa is strategically boxed in and it could do with a (1) some volume in this cash equities rally, (2) a beast of a MiFiD III."

Panmure Gordon has raised its target price for trading systems developer Fidessa from 1,243p to 1,396p, following the forecast-beating final results released Monday. However, the broker has retained its 'hold' recommendation on the shares, saying that the stock is still "too expensive and the halcyon days are long gone". Revenues in 2012 came in at �278.6m, slightly ahead of Panmure's �274.7m estimate, while earnings per share (EPS) of 76.3p beat the 71.7p forecast. Analyst George O'Connor said: "The outlook is more optimistic than we had expected and also we note that the staff headcount and average cost/employee is lower than we expected so Fidessa is doing a better job in managing its cost base."

888 Holdings: Numis raises target price from 145p to 175p, while leaving its buy recommendation unchanged.

UBM: Liberum Capital takes target price from 800p to 890p and leaves its buy recommendation unchanged.

Prudential: Morgan Stanley revises target price from 1054p to 1135p and stays with an overweight rating.

United Utilities: Goldman Sachs shifts target price from 830p to 829p keeping a neutral rating.

TUI Travel: JP Morgan shifts target price from 320p to 350p reiterating an overweight rating.