Member Info for mulledwine

The belt-tightening taking place elsewhere in the economy does not appear to have affected luxury fashions, which are going through a boom period. Burberry chief executive Angela Ahrendts, pictured, is in line for a £12m pay and bonus package, thanks to strong demand for her pricey wares. The group is expected to announce a 40% profit rise to £300m this week, according to the Daily Mail.

Plantation owners and pressure groups are calling on food producers such as Unilever and Nestlé to stop exploiting an environmental “offset” scheme to buy palm oil from unsustainable sources, says the Financial Times.

The London Stock Exchange has hit back at a Canadian bank-led consortium that is trying to break up the UK bourse’s planned merger with TMX Group, operator of Canada’s exchanges, calling its offer “an underwhelming proposal”. The comments follow the rejection by TMX Group on Friday of the C$3.6bn (£2.3bn) offer for its exchange operations, tabled by the consortium, which calls itself Maple, the Financial Times reports.

Darren Throop, Chief Executive Officer, commented: "This year has seen a number of significant milestones for Entertainment One which have helped the Group deliver another strong financial performance. The recent acquisition of Hopscotch adds to our growing international footprint and we continue to look for further territories to expand the network. In accordance with our stated strategy we anticipate making further progress over the coming year through focusing on increased investment in quality content and acquisitions."

Yes indeed very nice results.

Outlook Despite the tough economic conditions the outlook for the Group is positive based on a very strong growth in the order book and growing revenue. The group philosophy continues to be based on the pursuit of low risk recurring revenues and continued development of environmentally friendly products. We maintain the view that the professional services sector offer opportunities for growth through selective acquisition. Our investment in new technology for all operating divisions has improved the group's competitive position and is expected to lead to a continued growth in sales. We will be releasing further news on product launches and developments in the Green Power division in the coming months.

Financial highlights: · Group revenue up 2.8% - 2010: £1,919,000 (2009: £1,867,000) · Group administration expenses down 13.8% - 2010: £807,000 (2009: £936,000) · Operating profit up 61.1% - 2010: £356,000 (2009: £221,000) · Profit on ordinary activities before taxation for the year up 65.0% - 2010: £353,000 (2009: £214,000) · Earnings per share of 0.13p (2009: 0.10p) · Consolidated statement of financial position, net assets up 12.6% to £2,957,000 (31 December 2009: £2,627,000)

23 May 2011 The Directors are pleased to announce the audited results of the company and its subsidiaries (the "Group" or the "Ultima Group") for the year ended 31 December 2010. The Ultima Group's operations consist of three divisions: IT Services, Green technology products and Green power. These divisions are involved respectively in the sale of software to the legal profession, the development and sale of specialist electrical goods and the development of clean power generation through solar installations in Spain, Italy and the United Kingdom. Operational highlights of 2010: · Successful launch of Infineum Continental Electric Bicycle · Grant of Patent protecting core technology used in the Infineum Electric Bicycles · Connection of 100KW Solar Park to Spanish National Grid · Award of development grant by Valencia Energy Agency towards deployment of 10KW solar installation based on concentrated solar cell technology. · Launch of Free Solar Energy for Schools initiative · Launch of "Cognito FiLOS" legal software suite

http://www.investegate.co.uk/Article.aspx?id=201105230700100574H

Andrew Tinkler, Chief Executive Officer, said: "We are pleased to deliver solid results this year in line with our expectations despite the economic challenges and tough operating environment. These results are largely due to the ongoing strength of our transport and distribution business, significant new business wins and tight cost control. "We are entering an exciting phase of Stobart's development. We have spent the last three years building a strong and diversified business. With the additional £115m of funding we now look forward to delivering the inherent value in our business. We are pleased to be able to mark the start of this phase with a significant new 12 year contract for our Biomass division, worth in excess of £90m in revenue, which we have just signed with Iggesund."

Operational highlights · Significant new contract wins including AG Barr and Britvic · Initial phase of development at the Mersey Multi-Modal Gateway complete and major contract for Tesco commenced · Substantial developments at Southend Airport: new control tower and rail station complete; Work progressing on critical path for terminal and runway extension; Aer Arann passenger flights began March 2011 · Successfully raised £115m in additional funding to invest in new divisions and expected to generate a significant return o Ambitious plans for future asset development o Acquisition of remaining 50% of Biomass joint venture o New group structure established · Successful award of £4.5m grant under the RGF scheme which will be used towards the phases 2 and 3 of the Widnes development. · Award of €2.7m Marco Polo grant as support for the movement of rail freight service from Spain to the UK. · New £90m 12 year contract signed with Iggesund to supply biomass to their Lillyhall plant from early 2013.

Stobart Group, one of the UK's leading multi-modal logistics businesses, today announces its preliminary results for the 12 months ended 28 February 2011. Financial highlights · Revenue from continuing operations of £500.4m (2010: £447.7m). · Underlying EBITDA* of £57.2m (2010: £57.4m). · Underlying profit before tax** of £34.5m (2010: £36.0m). · Underlying profit before tax and before separately disclosed gains on property assets up 16.9%. · Profit before tax of £29.5m (2010: £33.3m). · Adjusted earnings per share*** of 9.7p (2010: 10.8p). · Basic earnings per share of 9.0p (2010: 11.7p). · Net debt increased to £156.1m from £96.8m at 28 February 2010 (and decreased from £162.0m at the interim position at 31 August 2009). · Final dividend 4.0p per ordinary share payable on 7 July 2011 bringing the total for the year to 6.0p per share.

http://www.investegate.co.uk/Article.aspx?id=201105230700110580H

Keith Hamill, the Chairman of the Board said: "The release of the audited Preliminary Statement has been accelerated in order to confirm the information given in the Trading Statement on 18 April 2011. When the Board has completed its review of the business going forward it will make a statement in June which will enable it to have further discussions with shareholders. Following the Chief Executive stepping down in early April, action has been taken to stabilise the business, reorganise and simplify the management structure, strengthen management controls and control costs. A new Chief Executive is being recruited and the Board will be restructured. The results are poor due to an increase in costs aimed at expanding the business. These were not matched by growth in revenues, which were substantially below plan. However, I continue to believe that the Company has good and competitive products addressing growing markets and some very able people. If well managed, it will get back on track."

· Audited revenues and Adjusted Operating Profit in line with Trading Statement of 18 April 2011; · Poor results due to increased cost not matched by growth in revenues, which were substantially below plan; · Operating Loss of £4.4 million after £1.2 million amortisation and £3.3m of exceptional costs; · Net Cash at year end was £7.0 million; · Intrepid social media analytics and market research consultancy acquired during the year for up to £7.5m; · Outlook issued on 18 April 2011 reconfirmed.

http://www.investegate.co.uk/Article.aspx?id=201105230700100572H

Commenting on the announcement, Brendan Dow, Managing Director of Ceramic Fuel Cells Limited said: "To be working with the RES Group, one of the world's leading renewable energy development companies, is exciting news for CFCL and is yet another endorsement of BlueGen. "The reputation, expertise and market penetration that the RES Group offers means that we are now even better placed to capitalise on the significant market opportunities that the UK offers." Mike Atkinson - Managing Director, RES On-Site Limited added: "RES are delighted to add the world leading BlueGen microCHP product from CFCL to our portfolio of class leading renewable and low carbon energy technologies. This diverse portfolio allows RES On-site to offer our customers the most suitable solution for their specific carbon reduction application. "The UK Government's tariff structures supporting the deployment of exciting new products such as BlueGen makes the UK a hugely dynamic developing market for renewable technologies and RES On-site is committed to being at the forefront of that market." Paddy Thompson, General Manager Business Development at Ceramic Fuel Cells added: "RES On-Site Limited is highly experienced and MCS accredited, and together we are ready to enable BlueGen customers to take full advantage of the microCHP feed in tariff as well as the considerable energy cost and carbon savings made available by BlueGen. "This is the first UK distributor agreement signed by CFCL and we look forward to working closely with RES On-Site as awareness of the many benefits offered by fuel cell cogeneration grows." The agreement is in line with Ceramic Fuel Cells' strategy to sell BlueGen units worldwide through a network of distributors and to outsource the sale, installation and service of BlueGen units. The agreement with RES On-Site Limited in the UK follows similar BlueGen distribution agreements with partners in Australia.

Ceramic Fuel Cells signs BlueGen sales and service agreement for the UK with the RES Group 23 May, 2011 Ceramic Fuel Cells Limited1, a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, has signed a distribution agreement with RES On-Site Limited, part of the RES Group2, to market, sell, install and service Ceramic Fuel Cells' BlueGen gas-to-electricity units in the United Kingdom. Under the terms of the non-exclusive agreement RES On-Site will distribute BlueGen, targeting the commercial microgeneration energy market throughout the UK. RES On-Site holds MCS (Microgeneration Certification Scheme) installer accreditations in a wide range of technologies and is adding the microCHP accreditation to this and so will provide installation and after-sales service for BlueGen products. It will also support Ceramic Fuel Cells in developing the market for BlueGen. The RES Group is a leading international renewable energy company with operations across Europe, North America and Asia Pacific. To date the RES Group has delivered more than 5GW of renewable energy projects worldwide. RES On-Site sells and installs a range of low emission power and heating products for commercial, industrial and public sector customers, including wind, biomass, solar PV and solar hot water. BlueGen uses ceramic fuel cells to turn natural gas into electricity and heat for hot water, with each unit capable of producing more than three times the electricity needed to power the average home. The UK average domestic power consumption is estimated at 3,300 kWh per annum3. Surplus electricity can be sold back to the grid or used in supplementary applications such as charging an electric car, as well as having the additional benefit of providing heat for domestic hot water use. BlueGen units generate electricity at up to double the efficiency of the current power grid, reducing energy bills as well as making significant carbon savings. Most recently, BlueGen has been successfully chosen to participate in CE Electric UK's £54 million low-carbon Smart Grid project.

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4249625

LONDON--(Marketwire - May 22, 2011) - Serabi Mining plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT), the Brazilian focused gold exploration company, is pleased to announce the results of an airborne geophysical (VTEM) survey conducted in January 2011 identifying an additional 47 conductive Electromagnetic (EM) anomalies at its Jardim do Ouro (JDO) Project in the Tapajos region of Brazil. Mike Hodgson, Chief Executive, commented: "We believe the use of airborne geophysics is an essential part of the formula for discovering concealed gold mineralization in the Tapajos. The results of the 2008 airborne survey indicated 66 EM anomalies and follow up exploration to date on 13 of these indicated nine mine-site drill ready targets. An 8,000 metre diamond drill programme is now well underway on these targets, as well as follow-up exploration on remaining un-tested anomalies. I am therefore very pleased that this 2011 survey has resulted in generating a further 47 anomalies for follow-up work, which we plan to commence this year". Two blocks, contiguous to the 2008 survey area were flown, for a total of 1,250 line kilometers covering an area of approximately 8,000 Ha of combined VTEM/aeromagnetic/radar altimeter survey. This augments the survey completed in 2008 which covered an area of 6,000 Ha, the results of which have been the cornerstone of Serabi's exploration success over the last 2 years. A total of 47 discrete, conductive electro-magnetic anomalies have been defined, with 22 anomalies defined in Block 1 and 25 in Block 2. Significantly, clusters of anomalies occur on the same north-west and south-east and east-west trending structural lineaments that we have identified at the Palito deposit. Figure 1 shows the 2008 airborne survey area with contoured magnetic data, along with the two blocks surveyed in 2011. As follow-up to the new survey and a number of the remaining untested EM anomalies from the 2008 survey, Serabi has programmed a series of ground based induced polarization (IP) survey grids. Figure 1: Plan showing 2011 VTEM survey areas and anomalies along with imaged magnetic data (RTP) from the 2008 survey and identified target zones. http://hugin.info/137617/R/1517678/454196.pdf It is anticipated that approximately 55 line kilometers of 200m spaced traverses, covering several of the EM conductors, as well as extending previous IP survey grids, will commence in the third quarter of 2011. Results and modeling are expected to define further exploration drill targets in the fourth quarter 2011. In addition to the VTEM survey, the magnetic data from the 2008 and 2011 airborne geophysical survey have been integrated and re-processed and the results (shown in Figure 2) have had a significant impact on the structural interpretation of the JDO project area. The mineralization at Palito is structurally controlled, and consistently follows the 310° regional strike observed in the Tapajos. The main zone of the Palito