After slumping in price earlier this week, financial group Investec (INVP) rebounds 1.6% to 390.3p on rumours that most of its Australian banking assets are about to be sold for a potential A$2.3 billion.
Third quarter figures from BT (BT.A) look the best in years with its big TV push paying off. Investors like the return on multi-million investment, pushing the shares 2.6% higher to 380.6p. Shares looked at the pay-TV area earlier in January. We discuss the reasons behind BT's 15-month share price rally here.
News that former Halfords (HFD) boss David Wild has been appointed interim chief executive of Domino's Pizza (DOM) excites investors; the shares rise 3.8% to 533.5p. He became non-executive of the fast-food chain in November, so the market is clearly counting Wild as a serious candidate for the job on a permanent basis.
Electronic components distributor Premier Farnell (PFL) slumps 8.2% to 214.9p as margins remain under pressure. Investors were clearly expecting a strong trading update given the recent upturn in manufacturing figures in the UK and Europe where Farnell has big exposure.
Indian diversified resources group Vedanta (VED) drops 5.3% to 793.5p after a mixed production update. Earnings have slumped in its zinc arm but oil and gas interests fare better. We recently looked at director dealings within the company. You can read that article here.
Early US energy saving contracts wins and progress on its older components side lifts APC Technology (APC:AIM) 6% to 58.75p. This has been a very successful Play of the Week for Shares, written up in September at 25.5p.
Video search business Blinkx (BLNX:AIM) manages to claw back some of its losses from yesterday's massive sell-off, up 9.5% to 130p. The shares slumped close on 50% to less than 100p during the course of Thursday's trade, prompting the company to rush out a statement.
Cathedral City-to-Clover maker Dairy Crest (DCG) clips ahead 7.5p (1.5%) to 518.5p on news that profits for the year to March will beat expectations following the sale of its Nine Elms milk depot for £17.6 million cash. Today's third quarter trading statement from the dairy foods company flags tough conditions in the spreads market, although key brands continued to grow.
Drug delivery specialist SkyePharma (SKP) rises 16.7% to 138.3p as its revenue and operating profits will be materially ahead of market expectations for 2013.