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http://www.investegate.co.uk/Article.aspx?id=201109300700532520P

Utility company Scottish and Southern Energy (SSE) said it remains on course to achieve its principal financial objective for 2011/12, which is an increase of at least 2% more than Retail Price Index inflation in the dividend payable to shareholders, and expects to maintain a dividend cover around its established range. "Our commitment to above-inflation dividend growth is as strong as ever, and I am pleased with the significant progress of our investment programme, the assets from which will help to sustain dividend growth in the years ahead," said SSE's chief executive, Ian Marchant.

http://www.investegate.co.uk/Article.aspx?id=201109300700212338P

Update on Guendalina Gas Field, Italy Concession AC 35 AG - Guendalina Gas Field (MOG interest 20%, ENI 80% and Operator) The Board of Mediterranean Oil & Gas Plc (AIM: MOG), the central Mediterranean producer, developer and explorer of oil and gas assets, is pleased to announce that the field development works on the offshore Guendalina gas field have been completed on schedule and that since 26th September 2011 the field has been ready to commence gas production. The Company has now been informed by the operator ENI that production start up on Guendalina will be delayed by approximately four weeks because of a technical problem relating to ENI's transportation facilities. As a consequence of this, the operator is now forecasting the start up of Guendalina gas production to be delayed to approximately late October, 2011. No additional costs will be charged to the Guendalina project as consequence of these technical problems.

http://www.investegate.co.uk/Article.aspx?id=201109300700572407P

Peter Sedgwick, Chairman of 3i Infrastructure, said: "3i Infrastructure's portfolio continues to generate strong income, amply covering the Company's interim dividend objective." Cressida Hogg, Managing Partner, Infrastructure, 3i Investments plc, added: "Against the recent market backdrop, the infrastructure asset class continues to offer good opportunities for investment. We are working to bring the Thameslink transaction to financial close, and are pursuing a number of other attractive opportunities."

3i Infrastructure plc ("3i Infrastructure" or "the Company") announces the following pre-close trading update for the six months ending 30 September 2011, covering the period from 1 April 2011 to 29 September 2011. Highlights · The assets continue to perform well operationally, demonstrating resilience across the portfolio · Strong income generation in the period of £36.7 million, covering the Company's target interim dividend distribution · Reduced share price of Adani Power Limited impacts the valuation of the Company's share of the 3i India Infrastructure Fund · Realisation proceeds of £91.2 million, of which £35.7 million since the July IMS update, resulting in current cash balances of £310 million

http://www.investegate.co.uk/Article.aspx?id=201109300700542690P

Unite took an axe to its senior management yesterday, promising savings of £2.5m annually after a £1.5m upfront cost has been absorbed. Among casualties was the student accommodation group's chief operating officer of 10 years; he cost nearly £400,000 in 2010. Given that one analyst estimated that admin costs had mushroomed by 27% over the past three years, this is welcome, if somewhat overdue. On the downside, Unite's debt is higher than we'd like, but the shares trade on a ridiculous discount of more than 50% of their 2011 forecast net-asset value. Even with the potential challenges, that's too high, says the Independent, which says buy.

Any further moves towards recycling are good news for Shanks Group, now shorn of its own large landfill operation and focused on disposing of waste in an environmentally friendly way. Shanks’ green credentials mean the shares command a high multiple. They are on approaching 16 times this year’s earnings to the end of March, which looks about up with events, the Times says.

HomeServe offers cover for domestic emergencies such as burst pipes, broken boilers and blocked drains. HomeServe markets itself through utilities such as Thames Water. The attraction of the business, aside from that growth, is the recurring nature of the income, paid by direct debit. The shares are pricey, selling on about 17 times this year’s earnings, but this seems justified; buy on any weakness, says the Times.

"We believe this agreement reaffirms our intellectual property rights and is the right business decision for AstraZeneca at this time. SEROQUEL XR remains an important part of our company's portfolio benefiting patients and physicians throughout the world," said David Brennan, CEO of AstraZeneca. This settlement will have no impact on the Company's full year 2011 financial guidance. As is customary, the Company will review its financial guidance in conjunction with its Third quarter and Nine Months 2011 Financial Results announcement on 27 October.

AstraZeneca Enters INTO A Settlement Agreement with Handa Pharmaceuticals regarding US SEROQUEL XR Patent Litigation AstraZeneca today announced it has entered into a settlement agreement in its US SEROQUEL XR patent infringement litigation against Handa Pharmaceuticals, LLC ("Handa") regarding Handa's proposed generic version of AstraZeneca's SEROQUEL XR (quetiapine fumarate) extended-release tablets. The agreement settles the patent infringement litigation filed by AstraZeneca following Handa's submission to the US Food and Drug Administration of an Abbreviated New Drug Application (ANDA) for a generic version of SEROQUEL XR. Under the settlement agreement, Handa does not dispute that both patents asserted by AstraZeneca in the US patent litigation are valid and enforceable. As part of the agreement, AstraZeneca has granted Handa a licence to enter the US market with generic SEROQUEL XR on 1 November 2016 or earlier upon certain circumstances. SEROQUEL XR is protected by patents and other exclusivity rights that range from March 2012 to November 2017. AstraZeneca and Handa will file a proposed Consent Judgment with the US District Court for the District of New Jersey requesting the Court dismiss the pending legal action between AstraZeneca and Handa. The remaining SEROQUEL XR patent infringement litigations remain on-going.

http://www.investegate.co.uk/Article.aspx?id=201109300700422485P

Mr Taylor is a Managing Director of Alix Partners and is a restructuring specialist, with extensive experience of multi party situations. Mr Taylor will continue to fulfil the role of Chairman of the Company's Restructuring Committee. Jamie Buchan, Chief Executive of Southern Cross, commented: "I would like to thank Christopher for his unwavering support. Having accepted the role of Chairman when the Company was already in crisis, he has displayed real courage together with a conviction to see the challenge through. "Stephen Taylor's appointment further aligns the interests of the Company and its creditors as it enters the process of solvent wind down and I am confident that his experience of complex restructuring will prove beneficial." Christopher Fisher said: "Now that the transfer of homes has commenced, I consider my role complete. While the last year has thrown up many difficult issues, I very much appreciate the widespread support and effort which, allowing for the circumstances, has secured this outcome."

Southern Cross announces that: · business purchase agreements covering approximately 70% of the Group's care homes have been entered into and are unconditional; and · 3% of its care homes (250 by number) have transitioned to new operators following approval by the relevant Care Regulator and completion of care home staff consultation. The transfer of this wave of homes is the first significant step in implementing the restructuring. Further transfers will follow in October and November. As previously indicated, the Company confirms today the resignation of its chairman, Christopher Fisher, from the Board of Southern Cross, and the appointment of Stephen Taylor as a director. Mr Fisher stepped up to become Chairman in April 2011 and has led the Board through the subsequent restructuring process. Mr Taylor is a Managing Director of Alix Partners and is a restructuring specialist, with extensive experience of multi party situations. Mr Taylor will continue to fulfil the role of Chairman of the Company's Restructuring Committee.

http://www.investegate.co.uk/Article.aspx?id=201109300719312697P

http://www.investegate.co.uk/Article.aspx?id=201109300700392478P

George Ogilvie, President and CEO commented: "We are very pleased to be pursuing this business arrangement at this pivotal time in our Company as we prepare to enter the commissioning and start up phase of the Ming Mine project. We believe having a credit facility available for draw down during what can sometimes be difficult times for start- up companies to be a prudent decision. Further, in light of the volatility in the markets over recent weeks having a pre-arranged credit facility in place should provide our shareholders with confidence that the Company has financial resources to draw upon if need be. It also aligns the Company with a significant leading Canadian resource financier who is well respected in the market place and has significant financial resources."

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Sept. 30, 2011) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ("Rambler" or "the Company") is pleased to announce that its operating subsidiary Rambler Metals and Mining Canada Limited, as borrower, has obtained a secured credit facility (the "Credit Facility") from Sprott Resource Lending Partnership ("Sprott"). The Credit Facility is for a principal amount of up to $10 million in either Canadian or US dollars at the option of the Company. Amounts drawn under the Credit Facility will be secured against all assets of Rambler's operating subsidiary, pursuant to the terms of a demand debenture and a security agreement in favour of Sprott, and guaranteed by the Company. Funds borrowed under the Credit Facility will be used for working capital requirements along with the development and construction of Rambler's Ming Mine located in Baie Verte, Newfoundland. The Credit Facility provides for an initial drawdown of $5 million which will and must be drawn within 30 days of execution of the agreement. A second draw of up to $5 million is available through to August 2012. Each drawdown under the Credit Facility is subject to satisfaction of customary conditions for a secured credit facility, including no material adverse change in Rambler's and the borrower's ability to perform their obligations under the Credit Facility, and, in the case of the second draw, subject to a satisfactory site visit and the review of Rambler's off take agreement and then current financial forecasts by Sprott. Funds drawn under the Credit Facility are repayable by March 29, 2013 and accrue interest at a fixed rate of 9.25% per annum. As at 29 September 2011, and before the initial draw down under the Credit Facility, the Company has C$ 6.0 M in cash.