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Duncan Walker, Investment Director of Helical, said: "Corby is a strong town with a fast growing population and its retail offer dominates the catchment area. The assets we have acquired generate a strong cashflow and offer the potential to enhance value through an active programme of asset management. "This significant acquisition brings the total of assets bought by Helical during 2011 to over £185m and is in line with our stated focus of purchasing assets that, through the application of a range of initiatives, present clear opportunities to grow income and thereby drive increases in capital value over time."

Helical acquires Corby Town Centre from Land Securities in £70m transaction Helical Bar plc has acquired the freehold interest in land and buildings in Corby Town Centre from Land Securities Group PLC for a total consideration of approximately £70m, reflecting an initial yield of circa 8%. The 25 acre freehold interest comprises: · Willow Place, a new 175,000 sq ft shopping centre completed in 2007 and anchored by Primark and TK Maxx; · Corporation Street and surrounding areas, the 290,000 sq ft original Corby shopping centre with Iceland, Poundland, Peacocks and Wilkinsons as principal tenants; · Oasis Retail Park, 35,000 sq ft let to Argos, Dream, Farmfoods and Home Bargains; · A number of ancillary buildings and development land. The purchase will be funded by a combination of bank debt and existing cash held within the business and will enhance Helical's net rental income by circa £4.3m. Key asset management initiatives include: · the continued leasing of vacant space (currently at 7.5% by ERV) where seven new leases have been agreed in the last three months; · the conversion of a block to A3 use to create a leisure hub (this block already has A3 consent and is opposite the new civic centre of the town, where planning applications are lodged for a new cinema and hotel); · the extension of the Willow Place mall upon securing a pre-let; and · conversion of vacant upper parts to residential (subject to planning).

http://www.investegate.co.uk/Article.aspx?id=201110211445486441Q

Seymour Pierce upgrades Xaar to buy, target price raised from 280p to 300p.

Nomura initiates Royal Dutch Shell as buy, target price 2800p.

Some coverage PV Crystalox Solar will make loss for the year Date: Friday 21 Oct 2011 LONDON (ShareCast) - Solar wafers supplier PV Crystolax Solar has brought forward its interim management statement amid "ongoing difficult market conditions in the solar industry," saying it will make an operating loss for the full year. Shares tumbled as a result. Some of the firm's customers have lowered production in response to the weak market conditions and as a result the group expects full year shipment volumes to be lower. There has been an overall decline in wafer prices since April, having been hit by weak demand coupled with significant over-capacity and high inventories. In order to conserve the its cash, the group intends to reduce production output at its UK ingot and German wafer operations. The board also intends to suspend production temporarily at its polysilicon facility in Bitterfeld, Germany. This will lead to significant job losses in the UK and short time working in Germany. The group will also have continue to have discussions with its suppliers in order to reduce costs and will continue to seek further methods of achieving greater efficiencies within its operations. The company said: "The anticipated recovery in PV end-market demand stimulated by lower module prices has been weaker than expected in the second half of 2011, particularly in Germany, the largest global market. "Furthermore, the hitherto expected year-end rally, driven by the pull-in effect of installations in advance of the feed-in tariff cut, does not appear to be materialising." The group's cash position remains positive and expects to remain so by the end of the year. The share price fell 38.46% to 8.00p by 09:00.

Colt: Evolution Securities upgrades from neutral to buy, target cut from 140p to 120p.

Omega Insurance: Peel Hunt downgrades from hold to sell, target slashed from 84p to 58p.

Aggreko: Peel Hunt keeps hold and 1,700p target.

Convertible Loan Notes Update MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 21st October 2011 - PuriCore (LSE: PURI), the water-based clean technology company focused on developing and commercialising proprietary, green solutions that safely, effectively, and naturally kill infectious pathogens, today updates the market on its current financial position and in particular in relation to the convertible loan notes issued by the Company on 14 June 2010 (the "Convertible Loan Notes"), details of which were announced and set out in a circular to shareholders on 28 May 2010. The Convertible Loan Notes, amounting to £7.95 million, are repayable on 31 December 2011 subject to the holders having the right to convert all or part of their holdings into ordinary shares of the Company at a price (following the consolidation of the share capital on 14 June 2010) of 75p per share. As at 30 September 2011, the Company had cash balances of $5.9 million. The Company is currently exploring a number of options regarding the Convertible Loan Notes that include (but are not limited to) the following or a combination thereof. · Renegotiating the terms of the Convertible Loan Notes with holders including seeking an extension to the period of redemption or a reduction in the conversion price · Refinancing the Convertible Loan Notes with new debt · Refinancing the Convertible Loan Notes through the issue of new equity It is emphasised that whilst the Board is actively considering all the above options, there is no certainty that all or any of them will be achievable.

http://www.investegate.co.uk/Article.aspx?id=201110211157086280Q

Diageo, the drinks giant behind brands such as Guinness, Johnnie Walker whisky and Smirnoff vodka, has suffered a blow from investors angry over pay. One in five shareholders voted against the remuneration report at Wednesday’s annual meeting, the company revealed in a statement yesterday, the Daily Express says.

William Hill has hired former Israeli intelligence officers to help regain control of one of its subsidiaries after a revolt at its Tel Aviv office saw a staff walkout and alleged computer system sabotage. Ralph Topping, the bookmaker’s chief executive, has flown to Israel in a bid to restore order to a key part of its William Hill Online (WHO) joint-venture, which is 71% owned by the bookie and 29% by software group Playtech, according to the Telegraph.

One of G4S’s top five shareholders, Parvus Asset Management, has come out in public opposition of the security group’s £5.2bn bid to buy ISS, the Danish cleaning and catering services provider. Parvus, which holds just under 4% of the group, said it had told G4S that the deal would overstretch it strategically and financially, the Financial Times reports.

Outlook The Board is encouraged by the increasing popularity of the Group's UK brands, with operational improvements driving growth in customers across Grosvenor Casinos and Mecca Bingo. While the outlook for the UK consumer in 2012 seems likely to be more challenging, Rank is in a strong financial position, possesses market-leading brands with multi-channel distribution and has a clear strategy for sustained long-term growth.

Casino and bingo group Rank said that revenues in the 16 weeks to 16 October were flat compared with the corresponding period last year, as strong growth from online and mobile gaming was met with continued weakness from its Spanish operations. A lower win margin in its London venues also held back revenue growth.

http://www.investegate.co.uk/Article.aspx?id=201110210700135682Q

Promethean has been taken on by the Mexican Government to work on trials to provide real-time analysis of students’ performance. This takes the company up the food chain from its core business of providing interactive whiteboards for the classroom. The shares sell on about nine times earnings. But with profits next year and in 2013 forecast to be little changed on 2010, a full recovery in the price could be a while off yet, the Times says.

UK fourth-quarter sales of Britvic’s carbonated range, such as Tango, showed a strong advance, up by 8.3% year-on-year despite the poor summer. Revenue from still products, such as J2O, declined by 5.2%. The company is wedded to a progressive dividend policy, and the shares yield 5.2% for this year. They sell on a price-earnings multiple of about 10. Trading remains challenging, though; a cautious hold, says the Times.

Director/PDMR Dealings Domino's Pizza UK & IRL plc today announces that on 20 October 2011 it was informed of the following transactions in respect of ordinary shares of 1.5625 pence each in the capital of the Company ("Ordinary Shares"). Stephen Hemsley, the Non-Executive Chairman of the Company, (and trusts of which Stephen Hemsley and his family are potential beneficiaries) on 20 October 2011 disposed of 1,000,000 Ordinary Shares at a price of 450 pence per Ordinary Share. Nigel Wray, a Non-Executive Director of the Company, (and companies which are wholly owned by Nigel Wray and trusts which are beneficially owned by the family of Nigel Wray) on 20 October 2011 disposed of 1,700,000 Ordinary Shares at price of 450 pence per Ordinary Share. As a result of the above transactions, the interests of Stephen Hemsley and Nigel Wray in the Ordinary Shares of the Company and thresholds crossed are as follows: