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Trading remains in line with expectations Photo-Me (PHTM.L), the instant service equipment group, is today issuing its Interim Management Statement, which covers the period from 1 November 2011 to date. For the first nine months of the financial year, to 31 January 2012, revenue in the Operations division has been at a very similar level to the same period last year, but profitability has been improved with good performance in Continental Europe and a continued recovery in Japan. Generally, costs have also been well controlled. The Sales and Servicing division has not experienced any pick up since the end of the half year and overall, customers still remain cautious. Cost reductions at KIS continue and although the sales focus going forward is being increasingly concentrated on higher margin products, the market for this, by far the smallest of the Group's divisions, continues to be challenging. Cash generation remains strong and at the end of January 2012 the net cash position had risen substantially over the last twelve months, even after paying dividends totalling £7.2m. The Board continues to anticipate that the Group will achieve market expectations for the current year and is presently well placed for the future.

http://www.investegate.co.uk/Article.aspx?id=201203090700140167Z

Dairy Crest Group plc ("Dairy Crest") announces strategic review of its French branded spreads business ("St Hubert") Dairy Crest, the UK's leading dairy foods company, today announces that it is to commence a strategic review of its French branded spreads business. The review will evaluate all possible options available to Dairy Crest to maximise shareholder value, including a potential divestment of St Hubert. Since its acquisition in January 2007, St Hubert has been a successful part of the Dairy Crest group and has consistently increased its market share and profitability. However, Dairy Crest has been unable to make additional synergistic acquisitions in Continental Europe as it envisaged at the time of its acquisition of St Hubert and it believes that greater value may be generated for shareholders through the consideration of all the available options for St Hubert. A disposal would reduce Dairy Crest's debt and provide it with a number of alternatives which include releasing some proceeds to shareholders, investing in its core business and making strategic acquisitions of branded businesses in the UK. This would further improve Dairy Crest's strong position in the consolidating UK dairy market. Any acquisitions would be synergistic and made within strict financial criteria, as will any decision over the future of St Hubert. Whatever the results of the review, Dairy Crest will continue to develop its broadly based UK business including its strong portfolio of brands (Cathedral City, Country Life, Clover and Frijj). The Board also intends to continue with its progressive dividend policy. Dairy Crest expects to issue its full-year trading update on 29 March 2012 and its Preliminary Results for the year ending 31 March 2012 on 24 May 2012.

http://www.investegate.co.uk/Article.aspx?id=201203090700140180Z

Panmure Gordon has upgraded G4S from hold to buy, target price raised from 250p to 330p

Colin Evans, Managing Director of Digital Barriers commented: "We believe that ThruVision's passive standoff detection is the leading technology of its kind anywhere in the world. Our security and defence customers around the world are now looking for such capabilities as they seek to protect the public from concealed weapons and explosive devices and to address the challenge of smuggling through borders and checkpoints".

Acquisition of ThruVision Systems Digital Barriers plc (AIM: DGB) ("the Company"), the specialist provider of products and services to the homeland security market, is pleased to announce the acquisition of the assets, intellectual property and customer contracts of ThruVision Systems Ltd ("ThruVision") (the "Acquisition"). Based in Didcot, ThruVision designs and manufactures standoff passive TeraHertz screening products that can detect objects under a person's clothes, such as weapons, explosives or smuggled contraband. ThruVision's products incorporate proprietary passive sensing technology that detect concealed objects safely using natural energy. ThruVision's products have been deployed around the world for a variety of screening applications including border security, law enforcement, defence and loss prevention. Rationale for the Acquisition The board of directors of Digital Barriers (the "Board") believes that ThruVision's technology will be of significant interest to security and defence organisations around the world and is complementary to other products within the Group. Digital Barriers' customers are increasingly interested in standoff detection of concealed objects in high security or high threat environments. ThruVision's passive screening technology is amongst the most advanced in the world. Terms of the Acquisition Under the terms of the Acquisition, Digital Barriers will acquire the assets, intellectual property and customer contracts of ThruVision for total consideration of £950,000 in cash, payable upon completion of the Acquisition. Financial information ThruVision's latest unaudited accounts for the financial year ended 31 March 2011 reported turnover of £2.30 million with an operating loss of £1.12 million.

http://www.investegate.co.uk/Article.aspx?id=201203090700200372Z

William McGrath, Chief Executive commented: "The focus for 2011 was on maintaining our strong balance sheet and growing profit. The successful launch of the AGA Total Control ensures its continued relevance as a product at the heart of the home and gives us renewed confidence that we are on course to achieve our long-term performance objectives, even if current market conditions remain exacting."

http://www.investegate.co.uk/Article.aspx?id=201203090700190200Z

Commenting on today's announcement, Chris Gibson-Smith, Chairman of LSEG said: "Strategically, structurally and financially this is a highly compelling transaction. At a time when experience, stability and trust count for so much, we are delighted to be partnering with LCH.Clearnet as global leaders in market infrastructure. Together, we have secured the Enlarged Group's long term role in the operation of international capital markets and we look forward to continuing to successfully deliver on our diversification strategy and to drive shareholder value." Jacques Aigrain, Chairman of LCH.Clearnet added: "We are pleased to partner with LSEG which has a shared philosophy of horizontal architecture and close partnership with customers. We look forward to working together to build on our respective strengths as we seek to deliver one of the premier global multi-asset, multi-venue clearing and risk management businesses." Xavier Rolet, Chief Executive Officer of LSEG said: "The Transaction will be transformative, delivering a strong, customer-focused clearing partnership between LSEG, LCH.Clearnet and our customers, the broker-dealer community. We will seek to promote greater innovation, choice and competition in the listed derivatives market through this new-style open-access clearing model, building on the successes we have already had with our existing equity and fixed income trading partnerships, Turquoise and MTS." Ian Axe, Chief Executive Officer of LCH.Clearnet added: "Transforming LCH.Clearnet into a best in class international CCP will be accelerated by the partnership's enhanced capabilities. We see significant revenue opportunities opening up as a result of both customer and regulatory demand for more efficient and more sophisticated tools to manage market risk."

LEADING GLOBAL PARTNERSHIP IN MULTI-ASSET, MULTI-VENUE CLEARING AND RISK MANAGEMENT SERVICES · Strongly positions Enlarged Group for long-term, leading role in global market infrastructure, in partnership with customers · Combines LCH.Clearnet's open, horizontal model with LSEG's proven track record of customer partnerships and reinforces LCH.Clearnet's stakeholder governance model · Reinforces LSEG's diversification strategy and enhances portfolio of leading global brands, products and services to drive growth · Builds on the combined expertise of LCH.Clearnet and LSEG in owning and successfully developing regulated, systemically important businesses across multiple geographies · Accepting LCH.Clearnet Shareholders will receive €20 per LCH.Clearnet Share acquired, comprising the Offer of €19 per LCH.Clearnet Share in cash plus €1 per LCH.Clearnet Share from the Special Dividend (payable by LCH.Clearnet in 5 years, subject to deductions) · LCH.Clearnet total implied value of €813 million (£677 million), comprising total implied Offer value from LSEG of €772 million (£643 million) plus Special Dividend of €41 million (£34 million) (payable by LCH.Clearnet in 5 years, subject to deductions) · LSEG to become majority owner of LCH.Clearnet, holding up to 60 per cent.; LCH.Clearnet Shareholders to retain at least 40 per cent. · Maximum consideration to be paid by LSEG will be €463 million (£386 million), funded from existing resources and bank facilities · Immediately earnings accretive for LSEG and return on invested capital is expected to exceed LSEG's current cost of capital in the first year · Undertakings received from LCH.Clearnet Shareholders to vote in favour of the LCH.Clearnet Resolution and to accept the Offer, representing 62.7 and up to 46.9 per cent. of LCH.Clearnet's Issued Share Capital respectively

http://www.investegate.co.uk/Article.aspx?id=201203090705580376Z

Russell Clements, Chief Executive, commented: "For seasonal reasons, the first quarter is the Group's least significant in terms of the year as a whole. Nonetheless, it is pleasing to note that our gross profit growth year on year has improved in Q1 2012 compared to Q4 2011. We are also reassured by our permanent deal pipeline, with deals agreed but yet to start up by 11% year on year. In addition, the normal seasonal recovery in contract runners is following a similar shape to 2011. "There remain significant differences within both geographies and sectors in the demand for the Group's services but, overall, market conditions remain in far better shape than we saw in the aftermath of the global financial crisis. We are a cash rich and agile business, with a twenty five year track record of profitability and a seasoned management team. As such, we are well placed to maximise the potential of whatever market conditions prevail in 2012." SThree is hosting an analyst conference call today at 0830 GMT. The details are as follows:

Highlights: · Group gross profit up 15%* year on year (up 12%* in Q4 2011) · Permanent gross profit up 16%* year on year (up 14%* in Q4 2011) · Contract gross profit up 13%* year on year (up 9%* in Q4 2011) · Permanent deal pipeline volume up 11% year on year (up 1% at year end 2011) · Seasonal recovery in contract runners tracking broadly in line with 2011 · Strong financial position with net cash of circa £30m at period end after payment of interim and special dividend of c£20m in early December 2011

http://www.investegate.co.uk/Article.aspx?id=201203090700119967Y

Donna Wharton, wife of Nick Wharton, the Chief Executive of homewares firm Dunelm, has topped up her stake in the company with 9,500 shares. Wharton's purchase, which saw her buy the shares at 480.00p each for a total of £45,600, came just a day after Will Adderley, Executive Deputy Chairman, announced plans to cash in a big chunk of his shares in the bedding and curtains retailer. Adderley, who is also the son of the founder of the company, and his wife Nadine, are offloading around 5m shares, representing about 2.5% of the issued share capital of Dunelm. The disposal will still leave the Adderley family holding around 56.2% of all the shares in issue, with Will Adderley's personal stake standing at 32.4%.

Legal Settlement Clarksons, the world's leading integrated shipping services group, is today pleased to announce that its subsidiary, H. Clarkson & Co. Limited ("the Company") has now reached a full and final settlement with Mr Nikitin and the corporate entities involved to conclude all outstanding matters between them. Under the terms of the settlement, which all parties have agreed will remain confidential, an amount of USD 7m has been received by the Company which will be accounted for as an exceptional item in the Group's accounts for the current financial year, ended 31 December 2012.

http://www.investegate.co.uk/Article.aspx?id=201203081234029754Y

Chime Communications is also in Tempus’s sights, it may flog its controversial PR division and has an impressive position in sports marketing, trading at less than nine times forward earnings, with the Brazil Olympics and World Cup on the horizon, Tempus thinks the shares have some way to go.