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Investec initiates buy on Enterprise Inns, target price 94p.

Discussing the new technologies Nick Bolton, OMG plc Chief Executive said: "Mobile mocap represents a huge development leap for OMG and for the industry as a whole, enabling our customers to find new ways of unobtrusively capturing highly accurate performance and movement data that can make a huge difference to their products. I am delighted that the Vicon team within OMG continues to put us at the forefront of developments in this arena, setting the standards that others must follow."

Vicon showcases 'Mobile Mocap' technology - OMG's Vicon unit demonstrates new mobile motion capture technology at leading trade show - - Portable applications open up a new wave of opportunity for motion capture outside of the traditional laboratory environment - OMG plc, (LSE: OMG) ("OMG" or the "Group"), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries will this week showcase a range of mobile motion capture technologies ("mobile mocap") at the 38th annual SIGGRAPH conference in Vancouver, Canada. The technologies represent many years of development effort and offer new and exciting ways to make motion capture a possibility in real-world situations, not just in a studio environment. The technologies on display include both new and recently deployed solutions, and have a broad range of potential end-market applications. The centrepiece of the mobile motion capture technologies is a small, lipstick sized camera capable of capturing 720p (1280x720) footage at 60 frames per second. This camera not only has potential application in the medical industry and military surveillance but also in the entertainment sector for less obtrusive, more accurate facial animation data. In stand-alone format, this small camera could be embedded into a car to move ergonomics testing out of a test lab and onto a real road environment, to help more accurately capture authentic data around how a driver interacts with a car in real world conditions. Up to twelve cameras could be synchronized together to simultaneously deliver data that could also be combined with external metadata such as GPS, miles per hour and traffic patterns. By combining the camera with a head-mounted device, the technology could also reliably capture both the nuances and contours of facial activity for the design of digital characters in games, films and on television. Prototypes of the technology have already been used in such a way, helping to provide the facial capture for Jim Carrey in Disney's "A Christmas Story" and for Jeff Bridges' performance in the movie "Tron Legacy." The SIGGRAPH conference where these technologies can be seen takes place between 9 and 11 August.

http://investegate.co.uk/Article.aspx?id=201108080900048898L

http://investegate.co.uk/Article.aspx?id=201108081209169349L

CANCELLATION OF MINISTRY ORDER IN UKRAINE PRODUCTION UPDATE Regal, the AIM-listed oil and gas exploration and production group (symbol: RPT), provides an update on its Ukrainian operations. As previously announced, on 21 May 2010, the Company received an order, dated 30 March 2010, signed by the Minister of Environmental Protection identifying certain matters requiring rectification in relation to Regal's compliance with certain legislation in Ukraine relating to its operations at its Mekhediviska Golotvshinska ("MEX-GOL") and Svyrydivske ("SV") gas and condensate fields, and requiring a suspension of operations whilst such matters were rectified (the "Ministry Order"). As announced on 26 July 2011, the District Administrative Court of Kiev made a ruling dated 18 July 2011 that the Ministry Order was unlawfully issued and ordering its cancellation. This ruling was capable of being appealed during a 10 day period from 26 July 2011, failing which the decision would come into force on 6 August 2011. No appeal has been filed and accordingly this ruling has now come into force. As previously announced, the Company has recently re-commenced production at the MEX-GOL and SV fields. Over the last 7 days the average production was 190,322 m3/d of gas and 38 m3/d of condensate (1,427 boepd in aggregate).

http://investegate.co.uk/Article.aspx?id=201108081426499475L

Investec initiates sell on Marston's, target price 75p.

Clarksons upgrades Hunting from hold to buy, target price 800p.

Deutsche Bank lowers Misys target price from 375p to 330p.

Altium downgrades Hill & Smith from buy to hold, target price cut from 405p to 310p

Shares in Weir Group fall 7.5 percent as investors continue to shy away from equities in a flight from risk, as sovereign debt concerns in the U.S. and Europe threaten to stifle global growth. Traders said Weir's shares were also being impacted by a downgrade from Morgan Stanley, which cut its rating on the capital goods firm to "equal-weight" from "overweight" on valuation grounds. Citing the note, traders say Morgan Stanley sees, in the near-term, the stock as effectively 'up with events', while peer companies in similar end-markets have become more circumspect in recent weeks. Weir's shares have fallen more than 27 percent in the last ten trading days, with Citigroup saying the market is pricing in a 27 percent earnings per share downgrade to its 2012 forecasts for the engineering sector. Singer Capital Markets, meanwhile, says stocks in the capital goods sector are suffering from their liquidity. "When funds find themselves forced to sell positions in panicked markets, the most liquid stocks bear the brunt of selling simply because they can be sold."

Weir Group Slumps On DowngradeAugust 08 2011 - British Investment Digest Engineering firm Weir Group was the worst performer on the FTSE100 index on Monday following a downgrade from broker Morgan Stanley. shares in Weir Group fell by as much as, 7.7% and were down 7.3% to 1604p at 1155BST after Morgan Stanley cut its rating to equalweight from overweight. The broker said order intake at the group has been “outstanding,” but that margins are falling and some of Weir’s peers have become more circumspect in the last few weeks. Weir Group was the hardest hit as the sell-off in global equities resumed ahead of the US market open. Resource stocks were the hardest hit as S&P downgraded US debt, raising the prospect of the country slipping into a double-dip recession. Petrofac, Kazakhmys and Xstrata all fell by as much as 6% as oil and copper prices slumped.

Panmure Gordon upgrades British Land from hold to buy, target price unchanged at 589p

Panmure Gordon upgrades Hammerson from hold to buy, target price unchanged at 479p

For the Questor team at the Sunday Telegraph the current situation is, “very reminiscent of the 2008/09 plunge at the height of the recent crisis, albeit this is a crisis of government solvency rather than banking solvency.” In turn, the above has led to a mass sell-off where everything has fallen, the good assets and the bad. Questor thus believes that now is actually a great time to buy quality companies at what could be a bargain-basement price. Do you believe that the “line has been crossed” and a total economic collapse is in prospect? That is what gold bugs have been predicting, but Questor is hopeful that the sovereign debt crisis will be resolved. Eventually. That’s why Questor thinks the best investment strategy is to continue to drip-feed funds into the market – and this is especially the case when markets are falling. Sectors of particular note now are Insurance and Utilities, with National Grid having the highest dividend yield among the latter. Vodafone is also very cash generative and globally diversified. It has an attractive yield as do tobacco groups. Questor believes all those shares are a Buy.

National Grid, the gas and electricity network company, has operations all over Britain as well as a considerable presence stateside, in New York and New England. The firm was the target of much criticism last year, following an unexpected GBP3.2bn ‘capital call’. Nowadays, however, National Grid is “reasonably secure”, believes Joanne Hart, at the Financial Mail on Sunday, despite plans to spend about GBP30bn over 8 years upgrading its gas and electricity systems. Crucially, the company is committed to a generous dividend policy. It is expected to deliver 39.3p next year, giving it a 6.7% dividend yield, one of the best on the FTSE 100. Simply put, “National Grid is a solid business with a carefully considered plan for the future.” Midas says buy and hold.

Investors, “have a genuine appetite for risk and are looking for low-priced shares that may not pay out dividends but are expected to deliver good growth over the next few years,” the Midas column at the Financial Mail on Sunday writes, and Surgical Innovations neatly fits the bill. The Leeds based company designs and manufactures specialised instruments, primarily for use in keyhole surgery. Crucially, the outfit has pioneered a number of innovative devices, including ‘Resposable’ products, which are partly disposable and partly reusable. These instruments cost about a quarter of the disposable alternatives. Additionally, the company run by Graham Bowland is present in the world’s largest healthcare market, the United States. The global market for keyhole products was estimated at GBP3.25bn in 2008, and is expected to grow at annual clip of 7% until at least 2015. The company could see revenues and profits soar. Midas says Buy.

Michael Tobin, TelecityGroup CEO, said: "TelecityGroup's strong performance has continued throughout the first half of 2011. The Group achieved excellent results, with strong growth in revenue, EBITDA and EPS. Customer demand remains strong and broad-based. Our announced capacity expansion programme to meet this demand is well underway and we are on-track to almost double our available capacity to 116MW most of which will be achieved in the next four years. I am particularly pleased to announce the acquisition of Data Electronics. This brings growth potential in a location where we have for some time been capacity constrained and which many international companies view as their preferred entry point into Europe. It also establishes TelecityGroup as the market leader in Ireland. I am delighted to welcome the Data Electronics team to the Group. I remain confident that 2011 will be another strong year for TelecityGroup. Looking forward, we will maintain our successful organic growth strategy and look to continue to augment this with value enhancing acquisitions within Europe.

Statutory equivalents The highlights above exclude the effect of other financing items as disclosed on the income statement, which comprise foreign exchange gains and losses on financing items and, in respect of the prior period, costs of refinancing (note 16). These items are not considered to be part of the underlying business of the Group. If these items are included, the following statutory equivalents result: • Profit before tax of £33.9m (H1 2010: £14.3m) • Diluted earnings per share of 12.6p (H1 2010: 6.2p) A reconciliation between the adjusted and unadjusted figures is contained in note 16.