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    <title>MoneyAM News</title>
    <link>http://www.moneyam.com/</link>
    <description>UK Market News from MoneyAM</description>
		<image>
		  <url>http://www.moneyam.com/images/moneyamlogowhite.gif</url>
		  <title>MoneyAM</title>
		  <link>http://www.moneyam.com</link>
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    <pubDate>Wed, 14 May 2008 09:58:03 +0100</pubDate>
    <lastBuildDate>Wed, 14 May 2008 09:58:03 +0100</lastBuildDate>
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    <title><![CDATA[FTSE slightly higher in early deals]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2945834</link>
    <description><![CDATA[MORNING REPORT: Headline shares were slightly higher in early deals today as mining sector strength on rumours of stake-building and improved takeover offers helped to offset bank sector weakness following Bradford & Bingley's rights issue. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:27:05 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2945834</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Land Securities slips to pretax loss]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951218</link>
    <description><![CDATA[Land Securities Group, the UK's largest property company, slipped to a pretax loss for the year ended March 31st, but said it is well placed in the short term and for the medium to longer term. The company raised its FY dividend 20.8% to 64p. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:51:13 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951218</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Sainsbury profits as margins improve]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951270</link>
    <description><![CDATA[J Sainsbury, the UK's third biggest supermarket group, this morning reported an expected 28.4% increase in full year underlying pretax profit, driven by increased sales and an improved operating margin, but cautioned on market pressures. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:12:49 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951270</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Compass Group to continue buybacks]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951071</link>
    <description><![CDATA[Contract caterer Compass Group this morning posted a 29% increase in first-half underlying pretax profit boosted by benefits from its management and performance programme and said it would continue to buy back shares.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:09:33 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951071</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[B&B announces rights issue]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951421</link>
    <description><![CDATA[Bradford & Bingley said it will raise about £300m, net of expenses, in a 16 for 25 rights issue at an issue price of 82p per share. This represents a 48% discount to the closing price of 158.75p per share on May 13th, the UK mortgage lender said. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 07:49:13 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951421</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Tullow production in-line]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951179</link>
    <description><![CDATA[Tullow Oil's oil and gas production for the first quarter of 2008 has been in line with expectations. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:17:08 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951179</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[AMEC ahead of target]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951302</link>
    <description><![CDATA[AMEC said trading since the start of the year was slightly better than its previous expectations. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:35:58 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951302</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[The Wednesday Press Roundup]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2949787</link>
    <description><![CDATA[A brief summary of the day's main business comment... [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 06:54:29 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2949787</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[FirstGroup to launch an equity placing]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951397</link>
    <description><![CDATA[Train and bus operator FirstGroup announced a 27% rise in adjusted annual pretax profit to £249m. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 07:46:10 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951397</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Barratt sales hit by market deterioration]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951468</link>
    <description><![CDATA[Barratt Developments said total housebuilding revenues in the 19-week period to May 11th fell 7.6%. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:45:31 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951468</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[LogicaCMG reaffirms full-year guidance]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951334</link>
    <description><![CDATA[LogicaCMG said its Q1 revenue stood at £856m against a pro forma revenue of £826m a year ago, and reaffirmed its 2008 guidance. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 07:40:23 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951334</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[First-half sales soar at Dimension Data]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951436</link>
    <description><![CDATA[Dimension Data Holdings today reported a 58.6% increase in its H1 pretax profit helped by a 22.7% jump in sales. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 07:51:27 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951436</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[Fresh profit warning from ScS Upholstery ]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2951649</link>
    <description><![CDATA[ScS Upholstery has warned that the difficult market conditions will lead to a fall in profits for the second half. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 08:19:29 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=2951649</guid>
  	 <source>supplied by MoneyAM</source>
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    <title><![CDATA[JOHNSTON PRESS Johnston Press announces rights issue as advertising deteriorates UPDATE]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952104</link>
    <description><![CDATA[(Adds further detail, comments from FD)    LONDON (Thomson Financial) - Regional publisher Johnston Press PLC. has announced a 212 million pounds rights issue to repay its debt as the company moves to avoid breaching its banking covenants amid deteriorating advertising conditions.    In reaction to  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:56:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952104</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[SISTEMA JSFC JSFC Sistema says 2007 net income doubles, optimistic on 2008 prospects, beyond]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952102</link>
    <description><![CDATA[LONDON (Thomson Financial) - JSFC Sistema reported a near doubling of full-year net income and said it is optimistic about its prospects in 2008 and beyond.    JSFC Sistema, the largest diversified public corporation in Russia and the Commonwealth of Independent States, reported a net income of $1.5 [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:56:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952102</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[ Japanese government bonds close lower on inflation worries, ahead of auction]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952101</link>
    <description><![CDATA[TOKYO (Thomson Financial) - Japanese government bond prices closed sharply lower on Wednesday, tracking the decline in U.S. Treasurys amid worries about rising inflation.    Data released this morning showed Japan's corporate goods prices index rose 3.7 percent in April on climbing commodity prices. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:56:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952101</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[KOMERCNI BANKA Komercni Banka Q1 net beats forecasts on strong lending growth UPDATE]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952098</link>
    <description><![CDATA[(Recasts to lead on net after minorities)    PRAGUE (Thomson Financial) - Komercni Banka said first quarter net profit after minority interests rose to 3.02 billion Czech crowns from 2.59 billion a year earlier, slightly ahead of forecasts on strong lending growth.    Analyst expectations averaged 2 [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:56:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952098</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[ARC FUND MANAGEMENT Arc Fund Management buys Throgmorton Financial Services for 1.6 mln pounds]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952097</link>
    <description><![CDATA[LONDON (Thomson Financial) - Arc Fund Management Holdings Plc. said it bought Throgmorton Financial Services Ltd., an independent financial advisory company in Manchester, for 1.6 million pounds, with 800,000 pounds in cash and 800,000 pounds in shares, through the issue of 12.6 million new shares.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:55:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952097</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[PORTRAIT SOFTWARE Portrait Software launches new insurance underwriting product]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952096</link>
    <description><![CDATA[LONDON (Thomson Financial) - Portrait Software Plc. said it has launched a new product to help insurance underwriters shorten the time it takes to issue a policy and also reduce their risk exposure.    The software, Portrait New Business, uses rules-based underwriting, backed up by case and workflow [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:55:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952096</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[ Metals - Gold falls as dollar claws back ground]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952095</link>
    <description><![CDATA[LONDON (Thomson Financial) - Gold fell on Wednesday after the U.S. dollar continued to claw back ground against the euro, diminishing the precious metal's appeal as an alternative to the U.S. currency.    Buying by investors looking to hedge against rising inflation has kept gold underpinned, with o [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:55:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952095</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[Melchior Japan Fund Annual Report]]></title>
  	 <link>http://moneyam.uk-wire.com/cgi-bin/articles/200805140953063956U.html</link>
    <description><![CDATA[ [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:53:06 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952091</guid>
  	 <source>RNS supplied by MoneyAM</source>
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    <title><![CDATA[ENEL Enel CEO says sale of renewable unit stake possible end-2008, early 2009]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952090</link>
    <description><![CDATA[MILAN (Thomson Financial) - Enel SpA CEO Fulvio Conti said the group could be in a position to sell a minority stake in its renewable energy unit by the end of this year or early next year.    In a conference call with analysts, Conti said Enel's renewable unit should be bundled and organised by the [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:53:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952090</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[ Greater China stock market summary]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952092</link>
    <description><![CDATA[BEIJING (XFN-ASIA) - A summary of Greater China stock market trading Thursday    HONG KONG    Share prices closed little changed as a strong finish in Shanghai helped the local bourse recoup almost all its morning losses due to profit-taking. However, volumes were light amid worries over oil prices  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:53:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952092</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[IBERIA LINEAS AEREAS CORRECTION Iberia swings to Q1 net loss on soaring oil prices, sinking dollar]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952089</link>
    <description><![CDATA[(correcting to amend year-earlier net, Q1 revenues figures)    MADRID (Thomson Financial) - Iberia Lineas Aereas de Espana SA. said it swung to a net loss of 441,000 euros in the first quarter to March from a 12.2 million euro profit a year earlier, due mainly to soaring fuel costs and a lower dolla [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:53:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952089</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[Croda International Director/PDMR Shareholding]]></title>
  	 <link>http://moneyam.uk-wire.com/cgi-bin/articles/200805140952233960U.html</link>
    <description><![CDATA[ [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:52:23 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952086</guid>
  	 <source>RNS supplied by MoneyAM</source>
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    <title><![CDATA[Ceramic Fuel Cells Total Voting Rights]]></title>
  	 <link>http://moneyam.uk-wire.com/cgi-bin/articles/200805140951313957U.html</link>
    <description><![CDATA[ [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:51:31 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952087</guid>
  	 <source>RNS supplied by MoneyAM</source>
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    <title><![CDATA[HORIZONTE MINERALS Horizonte Minerals reports positive nickel grades at Lontra project in Brazil]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952078</link>
    <description><![CDATA[LONDON (Thomson Financial) - Horizonte Minerals Plc. said it has received further positive results at the Northern and Raimundo targets at its Lontra Nickel Laterite project in northern Brazil, which demonstrate the continuity of the nickel mineralisation there.    The exploration and development co [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:49:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952078</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[GAZPROM Gazprom Q1 gas production increases 4.2 billion cubic metres year on year UPDATE]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952069</link>
    <description><![CDATA[(Adds company quote)    LONDON (Thomson Financial) - OAO Gazprom's first quarter gas production increased by 4.2 billion cubic metres (bcm) to 199.4 bcm compared to the same period in 2007.    The Russian gas producer said that by 2010 full year production will reach 570 bcm, growing to 610-615 bcm  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:48:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952069</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[SIG SIG says encouraging start to 2008, confident of further progress UPDATE]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952068</link>
    <description><![CDATA[(Updates with additional details on trading)    LONDON (Thomson Financial) - SIG Plc. said it has made an encouraging start to 2008 and is confident of further progress.    The supplier of insulation, interiors, roofing and specialist construction products in Europe said its total constant currency  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:48:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952068</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[FIRSTGROUP FirstGroup FY profits up 27 pct, sees more Laidlaw savings; share placing UPDATE]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952065</link>
    <description><![CDATA[(Adds further details)    LONDON (Thomson Financial) - FirstGroup Plc announced plans for higher savings from US unit Laidlaw International, a share placing and 5-6 percent rises in UK bus fares to combat soaring oil prices as the train and bus operator announced a 27 percent rise in adjusted annual [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:48:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952065</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[Cape PLC Contract Award]]></title>
  	 <link>http://moneyam.uk-wire.com/cgi-bin/articles/200805140947243954U.html</link>
    <description><![CDATA[ [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:47:24 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952063</guid>
  	 <source>RNS supplied by MoneyAM</source>
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    <title><![CDATA[TOMTOM NV TomTom acquisition of Tele Atlas cleared by EU]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952061</link>
    <description><![CDATA[BRUSSELS (Thomson Financial) - The European Commission said it has cleared Dutch personal navigation device manufacturer TomTom N.V.'s proposed $4.6 billion acquisition of digital map maker Tele Atlas N.V.     The news, which comes a week before the May 21 deadline to rule on the transaction, confir [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:47:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952061</guid>
  	 <source>AFX supplied by MoneyAM</source>
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    <title><![CDATA[ Madrid shares TFN market data at 10:20 a.m. - Telefonica, Ferrovial higher]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=2952059</link>
    <description><![CDATA[MADRID (Thomson Financial) - Market data at 10:20 a.m.    IBEX-35 index                        14,108.2, up 91.80 points    Major gainers:    -Telefonica, up 0.02 euros at 19.19 after the telecoms giant posted first-quarter figures in line with analyst forecasts and reiterated its full-year guidance [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Wed, 14 May 2008 09:47:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/2952059</guid>
  	 <source>AFX supplied by MoneyAM</source>
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