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Andrada Mining acquisition elevates the miner to emerging mid-tier status
Andrada Mining acquisition elevates the miner to emerging mid-tier statusView Video

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Aggreko demoted as Inmarsat joins FTSE 100

Thu, 04th Jun 2015 15:10

Temporary power provider Aggreko was a casualty of the latest quarterly FTSE 100 review, demoted to the 250 index as satellite company Inmarsat enjoyed a promotion.Aggreko has a market capitalisation of around £3.95bn, whereas Inmarsat has a market value of around £4.53bn.Banknote printer De La Rue was among the eight stocks leaving the FTSE 250, along with Imagination Technologies, Infinis Energy and oil and gas exploration company Soco International.De La Rue came under pressure in May after the company, which makes banknotes for the Bank of England, posted a slump in annual profit and slashed its dividend as a result of euro weakness.Meanwhile, Wizz Air Holdings, Woodford Patient Capital and John Laing Group were among the eight stocks entering the FTSE 250.
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29 Nov 2013 07:29

Infinis first half in line as average selling price increases

- H1 revenue up 10.5 per cent - Underlying EBITDA up 21.2 per cent - Trading in line with expectations Renewable energy group Infinis, which was floated earlier in the month by private equity owner Terra Firma, has unveiled encouraging first half results and said trading was in line with full-year

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20 Nov 2013 16:14

Tom Albanese stocks up on Vedanta shares

Tom Albanese, a big player in the mining industry, has bought a round of shares in Vedanta Resources worth 298,290 pounds. Albanese, who is the former chief of Rio Tinto, purchased 30,500 shares at 978p each. In September the director took up an advisory role as Chairman of Vedanta Resources Ho

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20 Nov 2013 11:19

Applied Graphene Soars After AIM IPO, Infinis Falls

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