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That was a hefty BUY on the 19th - 1M share - delayed notification

Peter Sedgwick, Chairman of 3i Infrastructure, said: "The acquisition of Vattenfall's electricity distribution and district heating businesses in Finland enhances the current portfolio in terms of sector and geographic exposure. The portfolio continues to perform well, and to generate good levels of income." Cressida Hogg, Managing Partner for Infrastructure, 3i Investments plc, added: "The Company's recent Finnish acquisition is a significant development for the Company, as a strong "core" infrastructure asset, providing exposure to relatively low risk revenue streams with inflation linkage, as well as presenting opportunities for future growth. We are currently focusing on bringing the Thameslink transaction to a financial close, and are developing the investment pipeline for the coming months."

3i Infrastructure plc - Interim Management Statement 3i Infrastructure plc ("3i Infrastructure" or "the Company") is an investment company focusing on infrastructure investment opportunities globally. This Interim Management Statement is issued in accordance with FSA Disclosure and Transparency Rule 4.3. This statement relates to the period from 1 October 2011 to 24 January 2012. Summary · £194.8 million (€235.6 million) invested in the acquisition of an electricity distribution and a district heating business in Finland from Vattenfall AB · Realisation proceeds of £35.9 million from the sale of the Télédiffusion de France junior debt holding and from the repayment of the balance of the I2 vendor loan notes · Portfolio assets continue to perform well, generating income of £14.0 million in the third quarter · Current cash balances of £136.2 million

http://www.investegate.co.uk/Article.aspx?id=201201250700091095W

Singer Capital Markets downgrades Logica from fair value to sell, target price cut from 87p to 65p.

Citigroup downgrades Unilever from buy to neutral, target price raised from 2200p to 2400p

Joel Ewanick, GM Vice President and Global Chief Marketing Officer said: "We wanted a media agency partner with the sophistication to leverage global marketing opportunities. Carat has an innovative approach to drive significant marketing value and their service model has been tailored to align well with our global and regional brands. They are uniquely positioned to help us form strong media partnerships and drive significant global efficiencies." Jerry Buhlmann, Chief Executive Officer of Aegis Group plc, said: "We are extremely proud to have been selected by General Motors as their global media partner, for what is the most significant new business win in Aegis Group's history. This win reflects Aegis Media's unique ability to deliver integrated and specialist media and digital communications services on a global scale. We are excited about developing our relationship with GM in the future, and look forward to delivering many years of innovation and value to GM, our largest global client." Nigel Morris, Chief Executive Officer of Aegis Media Americas, said: "This is a defining moment for our business and the market. We have designed our organization for convergence and globalization. We have a clearly differentiated operating model that is focused on reinventing the way we work with our clients and their brands. From the outset it was evident that the GM team was looking for a transformative approach with innovation at the core. They have a powerful vision and powerful brands and we are looking forward to it being a powerful partnership."

General Motors Co. appoints Carat as strategic global media partner Aegis Group plc ("Aegis"), the world's leading, focused media and digital communications group, today announces that Carat has been appointed by General Motors Co. ("GM") as its global media partner, following a full agency review undertaken during the fourth quarter of 2011. The appointment carries an anticipated annual media spend of US $3 billion worldwide, according to Kantar Media. The remit of the multi-year contract includes media planning and buying, search, social media and mobile communications and the relationship will be managed and co-ordinated through Carat's global US team. The contract will cover all three global Aegis reporting regions - EMEA, Americas and Asia Pacific - and follows Aegis Media's appointment as GM's media agency across Europe on 1 January 2007. Operating in 120 countries around the world, Aegis Group is the world's leading media and digital communications group and holding company for Carat, Vizeum, Isobar, Posterscope and iProspect. With market-leading organic growth, 34% of revenues from digital and net new business totalling US $2.7 billion in 2011, Aegis is uniquely positioned for the convergent media environment.

http://www.investegate.co.uk/Article.aspx?id=201201241615341059W

Well done to anyone in here

Toy maker Casdon rocketed on Tuesday morning as the firm doubled its interim dividend after profits surged in the first half. Pre-tax profit jumped from £126,914 to £317,571 in the six months to October 31st, while revenue rose from £3.21m to £3.34m, helped by strong UK sales. The firm also saw a doubling of shipments to online retailers and excellent sales to major supermarkets but warned that "these successes have come about at the expense of the independent high street retailers, who have recorded lower levels of sales." The dividend was raised to 1.5p per share, up from 0.75p the year before. Casdon did report however that international sales were lower than last year "as the company strives to do business at more acceptable margins". Nevertheless, sales to the US are said to have grown significantly

Kentz Corporation (KENZ) kept its "buy" rating from Brewin Dolphin, with a 600p target price. The engineering group is expected to report revenues and profits ahead of expectations for the 2011 financial year, with the broker forecasting revenues of 1.29 billion dollars (0.83 billion pounds) and pre-tax profits of 80.5 million dollars (51.8 million pounds). Brewin adds demand for the firm's services remains high, particularly in the Middle East, and expects strong demand for construction in Africa and Australia to arise soon.

Shore Capital downgraded Matchtech (MTEC) from "buy" to "sell" due to continued speculation over the potential closure of BAE Systems' (BA.) naval dockyard in Portsmouth, which employs a significant portion of the technical recruitment agency's contractors. The broker notes that around 1,000 of the group's contractors work at the Portsmouth and Glasgow dockyards and says that any contract loss with BAE would seriously damage it. Additionally, Shore believes that the firm's focus on finding permanent placements could be damaging in the current economic climate

Horizonte Minerals (HZM) retained its "buy" rating from FinnCap, with a 30.6p target price. On a visit to the miner's Araguaia nickel project in Brazil, the broker saw that the highest quality mineralisations lie within two distinct contiguous areas, which will allow for selective extraction to maximise profitability. FinnCap expects the firm announce the results of its metallurgical tests within the current quarter.

Daniel Stewart initiated coverage of Lonrho (LONR) with a "buy" recommendation and 19p target price. The broker believes the Africa focused conglomerate is well positioned to increase its market share in the continent and is set to benefit from increased demand from US customers. Daniel Stewart forecasts revenues of 282 million pounds for 2012, with EBITDA of 37 million pounds and points to the group's healthy balance sheet, with a debt/EBITDA multiple of 1.8 times.

Guy Berruyer, Chief Executive, commented: "In the context of a macro-economic environment which remains challenging for our customers, we have made a satisfactory start to the year and trading is in-line with expectations for the year. The strong fundamentals of Sage's business positions us well to cope with the ups and downs of the economic cycle. We are confident that the business priorities, on which we are focused to drive growth, will bear fruit as the year progresses but we remain watchful of the European environment in particular."

The Sage Group plc Interim Management Statement 24 January 2012 The Sage Group plc ("Sage") is today issuing its interim management statement which covers the period from 1 October 2011 to date. Financial Performance The trading performance since the start of the year has been satisfactory and is in-line with expectations for the year. Financial Position The Group`s strong operating cash generation has continued and, during the quarter, we received £200m from the proceeds of the disposal of Sage Software Healthcare LLC to Vista Equity Partners. As previously announced, a share buyback programme was started to return these proceeds and, to date, 17.7m shares have been repurchased for an aggregate consideration of £50m. Accordingly, net cash at 31 December 2011 was £149.8m (£24.9m net debt at 30 September 2011).

http://www.investegate.co.uk/Article.aspx?id=201201240700160417W

Commenting on the performance over the quarter, Land Securities' Chief Executive Francis Salway said: "Despite weak economic news flow, we have continued to make progress in the period having completed a number of development lettings, and further reduced void levels on our portfolio. As is to be expected in a period of economic uncertainty, letting transactions are taking longer to execute. "Having refinanced over £1bn of our bank facilities, we are well placed with long average duration of debt, moderate balance sheet gearing and the capacity to invest. We expect the economic uncertainty to continue in the near term, but we remain confident of our ability to withstand economic fluctuations and to take advantage of opportunities that may arise from the scarcity of bank funding."

The Francis Salway era at property firm Land Securities is set to come to a close at the end of March as the Chief Executive Officer hands over to Robert Noel, currently Managing Director of the London Portfolio. The news was revealed in a statement accompanying the group's third quarter interim management statement covering the final three months of 2011. Total property sales in the quarter were £104.0m (net receipts) at 1.9% below March 2011 valuation and at an average yield of 7.6%. Total investment in the quarter totalled £89.1m, including capital expenditure on developments of £51.1m and acquisitions of £11.1m. The acquisitions were at an average yield of 1.4%.