Thursday May 15, 12:23 PM
London shares - midday features
LONDON (Thomson Financial) - FTSE 100 risers
Cadbury 685-1/2 up 38-1/2
Panmure repeats 'buy' & Numis 'add' after strong update
Cairn Energy (LSE: CNE.L
- news) 3,528 up 140
UBS 'buy' from 'neutral' with target upped to 4,500p from 3,250
SABMiller (LSE: SAB.L - news) 1,254 up 51
FY profits up 15 percent
AMEC (LSE: AMEC.L - news) 846-1/2 up 23-1/2
UBS (Virt-X: UBSN.VX - news) ups target to 935 from 875
BT Group (LSE: BT-A.L - news) 229-1/4 up 6
Pleasing Q4 numbers; Nomura/Collins Stewart (LSE: CLST.L - news) 'buy'
London Stock Exchange (LSE: LSE.L - news) 1,115 up 34
Sandford Bernstein 'market perform' from 'underperform'
G4S 229 up 4
Sells German security operations to Securitas (Stockholm: SECUB.ST - news) unit for 27 million pounds
British Land (LSE: BLND.L - news) 798 up 14
Goldman Sachs (NYSE: GS - news) 'buy' from 'neutral'
3i 881 up 12
FY results
FTSE 100 fallers
BHP Billiton (LSE: BLT.L - news) 2,087 down 31
Profit-taking
Sainsbury (LSE: SBRY.L - news) 372-3/4 down 1-3/4
Deutsche Bank (Frankfurt: DB9999 - news) 'sell' from 'hold'; JP Morgan cuts tgt to 350p from 370
Vedanta Resources (LSE: VED.L - news) 2,494 down 38
FY profits down 6 percent
Barclays (LSE: BARC.L - news) 413-3/4 down 13-1/2
1 billion pounds Q1 writedown
Lloyds TSB 405 down 5-1/2
With Barclays
ITV (LSE: ITV.L - news) 62.60 down 1.30
Q1 revenue in line; warns of flat ad revenues
Royal Bank of Scotland (LSE: 91ID.L - news) 274-3/4 down 44-1/2
Trading in ex-rights form
FTSE 250 (news) risers
Telecity 242 up 14
Strong trading update; Landsbanki targets 280p & ups estimates
Tullett Prebon (LSE: TLPR.L - news) 483-3/4 up 21-3/4
Co sees good outcome for the year; first 4 months revenue up 32 percent
Euromoney 402-1/2 up 27-1/2
H1 profits up 23 percent
Cookson Group (LSE: CKSN.L - news) 755 up 26
Bullish interim management statement; Landsbanki repeats 'buy'
IMI (Milan: ISP.MI - news) 524-1/2 up 7
Goldman Sachs ups target to 500p from 455
Invensys (LSE: ISYS.L - news) 315-3/4 up 10
FY operating profit up 19 pct
Genus (LSE: GNS.L - news) 878-1/2 up 24-1/2
Monsanto bid speculation persists
Headlam Group (LSE: HEAD.L - news) 395 up 10-3/4
Q1 revenue up 7.3 percent
Findel (LSE: FDL.L - news) 280-1/2 up 1/4
FY results
FTSE 250 fallers
LogicaCMG (LSE: LOG.L - news) 128-1/4 down 2-1/2
UBS 'sell' from 'neutral'
Sports Direct 108 down 1/4
Rumours of sharp downturn in trading in sportswear market
Redrow (LSE: RDW.L - news) 262-1/2 down 6-1/4
No rate cut until 2010
Inchcape (LSE: INCH.L - news) 418 down 12-3/4
Q1 LFL sales static
Informa (LSE: INF.L - news) 375 down 8-3/4
In-line update
Bradford & Bingley (LSE: BB.L - news) 139-3/4 down 4-1/4
Morgan Stanley (SPU - news) cuts tgt to 100p from 130; Collins Stewart 'sell' from 'hold'
Balfour Beatty (LSE: BBY.L - news) 445 down 8-1/2
Plans 180 million pound placing
WH Smith 398-1/4 down 19-1/4
Citigroup (NYSE: C - news) 'hold' from 'buy' with 420 pence target
DSG International (LSE: DSGI.L - news) 62-3/4 down 6-1/2
Business review; to halve div; Seymour Pierce 'sell' from 'hold & 60p tgt
Other risers
Tower Resources (LSE: TRP.L - news) 5.625 up 2.50
Upbeat update on exploration activities in Namibia and Uganda
Works Media 1.875 up 0.25
Director Crispin Barker lifts equity stake to 22.9 percent
Persian Gold (LSE: PNG.L - news) 11 up 1
Chah-e-Zard gold discovery advancing to pre-feasibility stage
First Calgary Petroleums (FCP.TO - news) 134-1/2 up 16-1/2
Grant of options to directors
Pactolus Hungarian Property (LSE: PHU.L - news) 40-1/2 up 3-3/4
Year end NAV 73 pence -- up 13.5 percent from NAV on admission
Venue Solutions (LSE: VSH.L - news) 4.625 up 0.375
Plans EGM to consider replacement of three directors
NETeller (LSE: NLR.L - news) 74 up 6
Rumours of bid approach
European Minerals (EPM.TO - news) 46 up 3-1/2
Resumes trading following appointment of nomad
Regal Petroleum (LSE: RPT.L - news) 237 up 14-3/4
Excellent Ukraine progress; Goldman initiates coverage with 'buy' & 281p tgt
Karelian Diamond Resources (LSE: KDR.L - news) 5.375 up 0.25
Positive exploration update
Freshwater UK (LSE: FWUK.L - news) 73 up 3
H1 profits up 50 percent; Charles Stanley reiterates 'buy'
Hellenic Carriers 236 up 15
CFO share buying
NXT 20-3/4 up 1-3/4
Product launch
Share 28-1/2
New issue, offered at 27
TGE Marine 134-1/2
New issue, placed at 130
Other fallers
Somero Enterprises (LSE: SOM.L - news) 40 down 45
FY profits warning
Matra Petroleum (LSE: MTA.L - news) 5.125 down 2.00
Disappointing drilling update
Corin Group (LSE: CRG.L - news) 259-1/2 down 90-1/2
Stryker's decision not to re-order any new products triggers downgrades
Meldex International 548-3/4 down 10
Maiden FY profits offset by absence of tangible bid news
Clinton Cards (LSE: CC.L - news) 51 down 3
Co cautious over long-term outlook
MTI Wireless Edge (LSE: MWE.L - news) 19 down 1-3/4
Sharply lower Q1 pretax profits
Blinkx (LSE: BLNX.L - news) 30 down 3-1/4
Interim losses
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