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Experian (EXPN) is a sell with the drop through the stoploss at 699 and support. Sell. Says David Linton

Caparo Energy (CEL) is a sell with the drop through the stoploss at 90.35 and support to new lows. Sell. Says David Linton

UK distributor of home entertainment products, MBL Group* (MUBL), released preliminary results for the year ended 31st March 2011, reporting static revenue of 195.3 million pounds an 85% reduction in adjusted pre-tax profits to 1.5 million against the previous year. Losses after exceptional items measured 22.7 million following fixed asset impairment and a reduction of goodwill of 18.8 million pounds. The group's position was not helped by the termination of a contract with a major customer in April 2011. Chairman Peter Cowgill commented "the group has experienced an immensely challenging period".

Network Group Holdings (NGH) released its interim results for the six months ended 31st May 2011, highlighting a 9.5% increase in revenue to 27.5 million pounds and an 86% increase in pre-tax profits to 1.2 million pounds, as the group's recruitment division witnessed strong revenue growth and maintained margins. The group increased its portfolio of specialist recruitment agencies during the period, acquiring four companies, and continues to seek targets to increase the group's offerings. Chairman David Waller commented "the second half of the year has started well, significantly ahead of the corresponding period last year".

Tailoring business Berendsen (BRSN) released its half yearly report highlighting a 2% increase in revenue to 495.9 million pounds and an 6% increase in pre-tax profits to 30.4 million pounds, as the acquisition of ISS in the group's Nordic arm boosted margins significantly. The group endured exceptional costs of 2.9 million pounds restructuring German Healthcare and 3 million pounds via the implementation of a strategic review, with the latter developing the medium and long term ambitions of the group.

A pre-tax profit increase of 81% to 43.5 million pounds on the back of a 65% increase in sales to 547.7 million pounds in the first half of 2011 saw shares in Yule Catto and Co (YULC) rise 1.4p to 171.4p. The speciality chemicals group benefited during the period from strong growth in Asia as well as the acquisition of PolymerLatex, which has delivered synergies in line with original plans. Despite an expectation of weakening global demand, the board remains confident of Yule Catto's medium term prospects, which are underpinned by a strong portfolio of market leading products

Panmure Gordon has reduced its price target to 1,250p from 1,320p for IMI (IMI), but continues to views the shares as a "buy", reducing 2012E and 2013E estimates to take into account macro-economic concerns. In particular, the broker reduced growth estimates for the Fluid Power division, and, depending upon prevailing economic developments, may have to cut its estimate again. Confidence lies around the group's pipelines of acquisitions which looks fairly full, with a series of bolt-on deals expected over the next six months.

Arbuthnot Securities has altered its stance on T Clarke (CTO) from "buy" to "no recommendation" in light of a set of interim results that reflect inherent challenges in the group's current market situation. While first half numbers indicated high levels of tendering and some prestigious wins, its also uncovered a lack of recovery in the group's core markets, and thus the broker is in the process of adjusting its target price. The broker has reduces its full year earnings estimate from 5.5 million pounds to 4.4 million pounds, while adjusting its dividend forecast to 3p

Daniel Stewart rates Iomart (IOM) as a "buy" with a price target of 110p, noting the group's shares have risen 135% since January 2009, 28% less than the average US datacentre over the same period. The broker also highlighted the group's valuation against its closely matched peer Telecity, with Iomart trading at 9.8x EV/EBITDA against Telecity's 10.6x. The sector remains driven by IP traffic growth, from increased demand for mobile data and backup services, and the broker remains positive on Iomart's hosted services model

Shore Capital continues to view Kingfisher (KGF) as a "buy", citing the group's price-to-earnings ratio of 9.8 and dividend yield of 3.6% as a reason to purchase the shares. The broker believes cash generation remains strong at Kingfisher, emphasising that net cash on the balance sheet is underpinned by a property portfolio valued in the region of 3 billion pounds

Peel Hunt upgrades Optos from sell to hold, target price unchanged at 150p

Update Suspension of Trading Further to the announcement on 30 June 2011, Armor Designs Inc., (AIM: ADID, ADIS), announces that the Company is currently finalising a follow-on credit facility with an existing and another potential lender. The year end results to 31 December 2010 are due to be signed-off by the Company's auditors pending finalisation of this funding. The Company remains in temporary suspension of trading until publication of the year end results. A further announcement will be made as soon as possible.

http://www.investegate.co.uk/Article.aspx?id=201108261353471295N

IC VIEW: BuyHenry Boot has not revalued its land bank but the shares still trade at a discount to net asset value. With a lot of potential profit locked up in Hallam Land, the shares remain a buy.

Henry Boot marches on Created: 24 August 2011 Written by: Jonas Crosland Headline profits from Henry Boot showed little change from the first half of last year but, after stripping out adjustments in the fair value of investment properties, trading profits jumped from £5.8m to £11m. On the property side, where the company buys land and creates value by securing planning consents, operating arm Hallam Land continued to suffer significant headwinds due to subdued construction activity brought about by a lack of mortgage liquidity. But the business is well-placed to reap the benefits of an upturn when it comes, and Hallam holds an interest in 8,055 acres of land, of which 1,405 acres are owned and 4,016 under option, with the remaining 2,634 acres under planning promotion agreements. These figures are little changed from the start of the year, but last year's small operating loss was turned into a profit of £7.91m as a result of site disposals. Construction work held up well, and 95 per cent of the full-year's budgeted turnover has already been secured. Operating profits were down from £3.51m to £2.73m but the division was successful in picking up work on social housing and school extensions and refurbishments. The group has also started a renewable energy division. Evolution is forecasting full-year pre-tax profits of £13m and EPS of 16.3p (from £12.4m and 4.5p in 2010).

http://www.stockopedia.co.uk/content/jeremy-martin-builds-momentum-at-horizonte-minerals-59495/

Barclays upgrades Burberry from equal weight to overweight, target price raised from 1440p to 1590p.

Deutsche Bank downgrades Phoenix Group from buy to hold, target price cut from 885p to 650p.

S&P Equity downgrades AMEC from strong buy to buy.

Soc Gen downgrades AMEC from buy to hold, target price cut from 1350p to 950p.