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Shanks Group (SKS), the international waste management group, has won the first major European waste management contract to be awarded by Unilever, one of the world's leading household products groups. Under the contract, which will run for an initial three-year period, the group will manage all of Unilever's waste across Belgium and the Netherlands. The shares gained 0.5p to 119.5p.

Autonomy Corporation (AU.) is to acquire selected key assets of Iron Mountain's digital division for 380 million dollars (235 million pounds), the infrastructure software group announced as it looks to expand its cloud platform. The deal is expected to add between 130 million dollars (80 million pounds) and 140 million dollars (87 million pounds) to revenue and result in cost savings of around 40 million dollars (25 million pounds) per annum over the first year from completion. Shares in Autonomy, whose customer base is comprised of more than 20,000 global companies, law firms and federal agencies, moved ahead 16p to 1,780p.

Panmure Gordon maintained its "hold" recommendation on Capital Shopping Centres (CSCG) with a 400p target price. Commenting ahead of full-year results tomorrow, the broker said the company is now in better shape following the acquisition of the Trafford Centre and completion of a fundraising to restructure the balance sheet and facilitate future development schemes. That said, trading on a 5% discount to its 2011 Net Asset Value target, Panmure believes the shares look to fairly balance both risk and reward. The shares lost 2.4p to 391.2p.

Evolution Securities issued a "buy" rating for Booker Group (BOK), the cash and carry operator, with a 70p target price. The broker notes that the group has a premium valuation but, nevertheless, feels this is more than justified given the strong earnings per share growth, consistent delivery of strong results and attractive strategy. Ahead of full year results on Friday, Evolution said it expects to see a good set of numbers and believes the shares have further to go as the market reassesses the strength of the business model. Shares in Booker, which supplies approximately 296,000 catering businesses and over 72,000 independent retailers, pushed back 1.25p to 64.85p.

Investec reiterated hold on Anite, target price raised to 69p from 65p.

I assume that the potential buyer, Patterson is not coming back to the enhanced model. Lets hope the BoD have their reps back out in the US trying to make up the defecit - todays news although welcome , is not a big order. However surely this is now looking like a decent buy in price albeit the SP has been very one way since 8p ish

Commenting on this agreement, Graham Lay, Chief Executive Officer of 3D Diagnostic Imaging, said: "The distribution of the CarieScan PRO by DenPro is a welcome extension of our reach in the UK and and a continuation of our objective of strengthening our distribution channels both in the UK and overseas. We look forward to working with DenPro who will showcase the device at the BDA conference later this month." Andrew Haughton, Director of Denpro commented: "DenPro is delighted to introduce CarieScan PRO into its product offering. Early and accurate detection of dental disease is a fundamental requirement of modern dentistry as we move towards a more preventive orientation of dental care. CarieScan PRO enables the dentist to achieve these goals. It is a concept which fits soundly within the ethos of DenPro: to provide equipment and materials of the very best quality and value to its customers, enabling them to offer their patients the highest standards of treatment

DenPro to showcase the CarieScan PRO at the BDA Conference on 19 - 21 MAY 2011 3D is pleased to announce that its subsidiary CarieScan Limited ("CarieScan"), the producer of a handheld device for the early detection and monitoring of tooth decay, has entered into a non-exclusive UK distribution agreement with DenPro, for the CarieScan PRO. This follows the signing of recent distribution agreements covering China, India, Germany, Austria and Switzerland earlier this year, and is in addition to the Company's existing distribution agreement covering North America. DenPro supports a group of well-established regional dental distributors who collectively have 18 representatives supporting dental practices throughout the UK. The CarieScan PRO will be showcased by DenPro at the British Dental Association (BDA) Conference, one of the UK's largest dental conferences, in Manchester on 19 - 21 May 2011

Tanzanite One hails gemstone recovery Date: Monday 16 May 2011 LONDON (ShareCast) - A recovery in the tanzanite market helped Tanzanite One, which mines for the gemstones in Tanzania, move into profit in the year to 31 December. Earnings before interest, tax, depreciation and amortisation (EBITDA) totalled $3.1m (£1.9m), against a deficit of $0.3m the previous year. Revenues climbed to $15.9m from $12.5m. “Our return to profit is testimony to our continued margin enhancement programme and significantly enhanced production rates,” chief executive Bernard Olivier said. “With the continuing recovery of the gemstone market during 2010, the company was able to accomplish its production target for 2010 of 2.2m carats.”

Soco has big hopes for Vietnam Date: Monday 16 May 2011 LONDON (ShareCast) - International oil and gas company, Soco, said its TGT oil field in Vietnam will transform the cash resources of the company when it comes onstream in a few months. The firm said it expected TGT to yield up to 55,000 barrels of oil a day when it commences production in mid-August 2011. This comes after PetroVietnam, the Vietnamese state oil company, approved the full development plan for the TGT field in early May. Elsewhere, three exploration wells are planned in Congo, with the first well expected to start drilling in September 2011. The firm also reported a security review was ongoing over assets in the Albertine Rift in the Democratic Republic of Congo, while it had submitted a final environmental impact assessment on the area in early May. Hydrocarbon deposits were discovered in the Albertine rift basin along the border with Uganda in 2006. The Ugandan government estimates the area could yield two billion barrels oil but says the number could be much higher.

Tom - that 500 level has been used as a springboard for the SP on several occasions. We have slipped under that now - she really needs to pop back over 500 or its 475 down

Motor failure slows African Barrick production at Buzwagi Date: Monday 16 May 2011 LONDON (ShareCast) - Tanzania-focused gold miner African Barrick Gold has flagged up a reduction to production at its Buzwagi process plant, adding it will have minimal impact on full year output. Following a power outage and attempted plant restart at the Buzwagi mine, there was a malfunction in the SAG mill motor. The company said its standby motor will take up to two weeks to install, during which time the plant will run at reduced capacity. “We estimate that the production impact in the current quarter will be approximately 10,000 ounces of gold, but we would expect to recover most of this over the second half of the year,” the company said. It has not adjusted its full year production expectations for Buzwagi.

Innovation made a buy by Panmure, target price raised to 22p from 20p

Macquarie suggests that Faroe Petroleum will outperform, target price 285p.

Evolution Securities recommends adding ARM Holdings, with a target price of 630p.

Macquarie predicts Hardy Oil & Gas to underperform. Target price is 155p.

The key phrase! Therefore, the Board anticipate that pre-tax profit (pre-exceptionals) for the year ended 2 April 2011 will be significantly ahead of current market expectations.

Group Trading Update The Board of Victoria PLC ("Victoria" or "Group") publishes the following Trading update ahead of its Preliminary Results for the year ended 2 April 2011, which are scheduled for announcement in the second half of June: Since the release of the Group's last IMS Statement (10 February 2011), it is pleasing to report that trading in Victoria's two core market areas of Australia and the United Kingdom has been stronger than expected. Therefore, the Board anticipate that pre-tax profit (pre-exceptionals) for the year ended 2 April 2011 will be significantly ahead of current market expectations. This strong performance is despite the continuing weakness of the Irish economy which has severely impacted the Group's two Irish businesses. The Board has therefore decided to further restructure its Irish businesses and the material non-recurring costs will be incurred in the first half of the new financial year ending 31 March 2012. The Group will retain a strong presence in the Irish market and this move should enhance the Group's overall position in the future.

http://www.investegate.co.uk/Article.aspx?id=201105161126136563G

Commenting on the transaction Sergey Mikhailov, CEO of Cherkizovo Group, said: «We are delighted to be announcing this transaction, which once again demonstrates our commitment to the consolidation of the Russian market. This transaction underlines our strategic focus on both the acquisition of large companies, as well as separate production sites. The transaction to acquire Mosselprom is one of the most significant steps that we have taken in the development of our rapidly growing business, and it will make a profound contribution to the Group's growth in the years to come, as already in 2011 poultry production is expected to increase by 50% compared to 2010 levels. Together with existing projects to increase capacity, we will be able to strengthen our leading positions in the poultry market and further increase production capacity in our high-margin pork segment. Moreover, we expect to strengthen our dominant position on the lucrative Moscow market and are adding a powerful brand to our portfolio which we believe will enhance our business in this region. The integration of Mosselprom production facilities into the Group's structure is likely to deliver additional improvements in our financial results through the achievement of revenue and cost synergies. This reflects both a significant increase in production capacities, as well as the opportunity to generate efficiency savings. As for our future plans, we remain very well positioned to maintain dynamic growth across all our business segments both through organic activity as well as further acquisitions such as the one we announce today».