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Senior Management Update Capital Drilling (LSE: CAPD), the emerging and developing markets focused drilling Company, is pleased to announce the appointment of Mr Uno Makotsvana to Chief Financial Officer ("CFO") of the Group. Mr David Payne, currently Group CFO and Company Secretary, will assume the role of Chief Commercial Officer and Company Secretary with effect from 16 April 2012. Mr Makotsvana, ACCA, was previously Chief Financial Officer of Nepean Group, an Australian, privately held engineering, mining services and industrial manufacturing organisation with turnover of approximately AUD500 million. Prior to this, Mr Makotsvana was Finance Director at Minova Australia, a wholly owned subsidiary of Orica Ltd, an AUD9.9 billion market capitalised company and one of the largest mining services companies globally. He has over 14 years of mining services experience and has been involved in a number of corporate transactions including debt fundraisings, legal restructuring and setting up new international trading divisions. He is also a qualified accountant with over 8 years of experience at Deloitte. Mr Payne will remain as Company Secretary and in addition take on the role of Chief Commercial Officer, where he will oversee contracts and tenders from existing and new customers in the Company's emerging markets. This is an exciting time for the Company and these changes will allow Capital Drilling to continue to advance its future growth strategies.

http://www.investegate.co.uk/Article.aspx?id=201204170700124389B

Gem Diamonds (GEMD) reported first quarter production of 28,114 carats during the first quarter ended 31st March 2012 at its Letseng mine in Lesotho, up 5.9% on last year's comparable period. The mining group also noted that the quality of the grade also rose by 10.6% and the average selling price was 1,976 dollars (1,248 pounds) per carat. Meanwhile, the firm continued to increase throughput at its Ellendale facility in Australia and since the end of the quarter has begun construction of a plant in Ghaghoo, Botswana. Shares in Gem Diamonds climbed 2.2p to 265.9p.

Dr Attila Vegh, Chief Executive of CPFT, said: "We consider Serco to be the ideal strategic partner and one that can offer the investment that's vital to keep ASP's services at the cutting edge. Capitalising on the strengths and track record of ASP, we are looking forward to seeing Serco modernise systems and invest in infrastructure, while seizing other opportunities for growing the business. This allows CPFT to concentrate on delivering high-quality health and social care that promotes well-being and independence and which we are proud to recommend to our families and communities." Christopher Hyman, Chief Executive of Serco Group, said: "We are delighted to be chosen to operate the Anglia Support Partnership. This adds a further strategic partnership to our growing health support services and BPO operations. Under the ASP framework, Serco will now be able to address much of the sizeable NHS `shared services' market, offering member organisations both improvements in service quality and substantial cost savings. We are combining our breadth of skills and ability to transform public services to build a leading health platform, and this represents a significant milestone and early success for our newly created Global Services division."

http://www.investegate.co.uk/Article.aspx?id=20120416090040P6B72

EVRAZ Q1 2012 OPERATIONAL RESULTS 16 April 2012 - EVRAZ plc (LSE: EVR) today released its operational results for the first quarter of 2012. HIGHLIGHTS Q1 2012 vs. Q4 2011: · Consolidated crude steel production increased by 5% after completion of maintenance works at EVRAZ ZSMK steel mill in Russia, EVRAZ Pueblo and Regina in North America · The share of finished products in the consolidated steel product mix increased from 76% to 81% mainly due to the increase in railway and flat-rolled steel production · Coking coal production increased by 41% in absence of longwall repositionings at mines

http://www.investegate.co.uk/Article.aspx?id=201204160700253703B

Investec Securities reiterated its "sell" recommendation for National Grid (NG.) but with a slightly increased target price of 549p from 547p. The broker forecasts adjusted earnings per share of 49.6p for the year ended 31st March 2012, down 4.1% on last year's performance and added that it may need to raise additional capital by 2015. Investec also noted that the firm's dividend cover is tight, which could lead to a 10% cut in the 2013 financial year to 36.77p. The shares inched up by 3p to 645.5p.

Panmure Gordon maintained its "buy" rating for zinc miner Griffin Mining (GFM) with an 81p target price. The broker expects to see the closure of a number of substantial zinc mines, accounting for around 10% of the world supply, by 2015 which would result in a global supply deficit. Panmure noted that the company is one of few profitable small cap miners, with a 60% holding in the Caijiaying zinc project in China. The broker's target price is based on a discounted cash flow valuation of 53p, together with the firm's net cash position of 75 million dollars (47.4 million pounds). Griffin shares lost 0.5p to 41.5p.

Shore Capital initiated coverage of Consort Medical (CSRT) with a "buy" recommendation, impressed by the inhaler manufacturer's strong recovery since the loss of a major contract. The broker said that the company has diversified its business and noted that the King Systems division is one of the leading businesses in its sector in the US. Shore added that the group's Bespak division offers higher operating margins and expects Consort to focus on developing this portion of its business. The shares were unchanged at 653p.

Engineering data and design information technology systems provider AVEVA put in a strong finish to the financial year just ended, driven by strong demand from the oil and gas industry. The Europe, Middle East and Africa (EMEA) region continued to perform strongly in the second half of the year, the group said, while the group's Latin American operations were once again the star performers in the Americas.

Nomura has reiterated its buy recommendation and 1,240p target price for engineering and project management services outfit AMEC, hailing the firm's solid first quarter and strong outlook for future acquisitions. The broker brings attention to the Chief Executive's comments that the 2011 acquisitions are integrating well and says that similar comments were made following the MACTEC purchase in May.

GDF SUEZ's new bid for the remaining stake in utilities giant International Power (raised from 390p to 418p per share) is now close to Investec's expectations and the broker expects the offer to 'progress smoothly to its conclusions'. The broker does not foresee much regulatory risk: "Given that GDFS already owns 70% of IPR, we do not think that there will be too much of a problem with regulatory clearances, especially as the original IPR/GDFS deal went through the merger clearance process from August 2010 to February 2011," Anastasiou added. Investec has removed its buy rating for International Power and now recommends investors to hold the stock following the sweetened bid. The broker's target price is raised from 417p to 422p.

Tony Ratcliffe, Finance Director of Brady, a software provider to the commodities sector, has disposed of 416,565 shares in the company. Brady, who joined the company in 2007, sold the shares at 87p each for a total of £362,412. The sale was made just four days after the company scored a new contract with a large commodity trading house.

AGM Trading Update Sagentia Group plc (AIM:SAG), the international technology company which provides outsourced R&D consultancy services, provides the following trading update ahead of the Company's Annual General Meeting this morning. The Group's preliminary results for 2011 were released on 5 March 2012 in which the Group reported that satisfactory progress had been made in consolidating the turnaround achieved in 2010, but that the Group had experienced some effects from the deterioration in the macro-economic environment in the second half of the year. Since the start of the current year the Group has seen some early signs of an improvement in the general economic situation and renewed interest from the Industrial sector in particular. Unfortunately, a large project with a North American start-up in the Medical sector has been suspended which will result in Group revenue in the first half of 2012 being lower than the revenue reported in the second half of 2011, despite the underlying business continuing to grow. Actions have been taken to mitigate this event and these have been effective in enhancing operating margins. As a result for the full year, while revenue will be lower than last year, profit is anticipated to be in line with the Board's expectations. With a strong balance sheet the Board continues to evaluate potential merger and acquisition opportunities, although remains prudent in this process.

http://www.investegate.co.uk/Article.aspx?id=201204160700213525B

Chris Yewdall, Chief Executive said: "We have firmly established our position of leadership for 2D to 3D conversion, with more than 12 million units of TriDef 3D technology shipped worldwide in key 3D consumer markets. DDD is now operating cash generative and moved into profitability in the second half of 2011. "In 2011, we signed a number of new licensees and moved towards a more balanced revenue composition that is less susceptible to seasonality or performance by any single licensee. As the market for 3D consumer devices continues to grow and diversify, we aim to further expand our licensee base in TVs, PCs and mobile devices, whilst delivering incremental value through services such as Yabazam paid content. "We are confident that we can build further on the momentum achieved to date to maintain profitable growth in 2012."

Los Angeles, California: DDD Group plc ("DDD" or "the Group"), the 3D solutions company, has published its full year results for the year ended 31 December 2011. Highlights Financial · Over 9m units of DDD TriDef 2D to 3D conversion solutions shipped by TV, PC and mobile licensees · Turnover, excluding discontinued businesses, up 176% to $5,534,000 (2010: $2,008,000) · Loss from continuing operations before tax $96,000 (2010: loss $1,195,000) · Loss per share per share reduced to 0.43c (2010: loss 1.27c) · Moved into profit in H2, earnings per share equal to 0.21c/share · Net cash inflow from operating activities $120,000 (2010: outflow $1,204,000) · Net cash at 31 December 2011 $3,143,000 (2010: $4,230,000) Operational · 10 new licensing deals in 2011 · 14 licensees shipping royalty bearing products by year-end · Revenue diversification from multiple 3D consumer markets · Revenue shift continues toward higher margin royalties · Attained market leading position in emerging 3D PC market

http://www.investegate.co.uk/Article.aspx?id=201204160700213527B

Encouraging update - India could be a game changer