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Talvivaara 1H Disappoints Investors (Accendo quote)

Dow Jones – 16 Aug 0802 GMT [Dow Jones] Talvivaara Mining (TALV.L) posted a significantly wider pre-tax loss for 1H compared to the same period last year, says Mike van Dulken, Head of Research at Accendo Markets. Says nickel production considerably missed earlier guidance. Adds 2012 full year guidance for nickel production has now been…

Virgin Trains loses W coast mainline franchise to FirstGroup (Accendo quote)

Guardian – 15 Aug 2012

Virgin Rail Loses U.K. Route (Accendo quote)

Wall St Journal – 15 Aug http://online.wsj.com/article/SB10000872396390444508504577590882942221016.html

ARM to break lower (Accendo quote)

Investors Chronicle – 15 Aug http://www.investorschronicle.co.uk/2012/08/15/tips-and-ideas/trading-ideas/city-trades/arm-to-break-lower-GEb877DgRLAIpiK4cUyE8M/article.html

FirstGroup may not deliver on contract win (Accendo Quote)

Dow Jones – 15 Aug 0854 GMT [Dow Jones] Although FirstGroup (FGP.LN) has secured a contract for the UK West Coast Mainline franchise from Stagecoach (SGC.LN), the worry is that it will be unable to deliver on such a key route, says Mike van Dulken, Head of Research at Accendo Markets. “[FirstGroup] has promised lots…

STANDARD CHARTERED (STAN) SETTLES WITH DFS (15 Aug 12)

Good news for Standard Chartered’s UK listed shares this morning with the company having reached a $340m settlement with the State of New York Department of Justice over allegations that it was negligent/facilitated a decade’s flow of up to $250bn of Iranian funds through the US, violating long-running sanctions against the country. This avoids the…

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