Editor's Pick: Markets: The week that was (16-20/11/09)

(WSM.L) Wellstream Holdings PLC Buy/Sell

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Date/Time	Headline	Source
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Thu 11:24	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 7724C Wellstream Holdings PLC 19 November 2009 Form TR-1 with annex. FSA Version 2.1 updated April 2007 For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: Notifications of Major Interests in Shares `Wellstream Holding plc` 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) `Yes` An acquisition or disposal of voting rights `No` An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached `No` An event changing the breakdown of voting rights N/A Other (please specify):______________ `Janus Capital Management LLC` 3. Full name of person(s) subject to notification obligation: 4. Full name of shareholder(s) (if different from 3): `17 November 2009` 5. Date of transaction (and date on which the threshold is crossed or reached if different): `18 November 2009` 6. Date on which issuer notified: `8%` 7. Threshold(s) that is/are crossed or reached: 8: Notified Details A: Voting rights attached to shares `Class/type of shares Situation previous to the triggering Resulting situation after the triggering transaction` `If possible use ISIN code transaction` Ordinary GB00B1VWM162 `Number of shares Number of voting Number of shares Number of voting rights Percentage of voting` `rights rights` `8,024,873 8,024,873 7,876,476` `Direct Indirect Direct Indirect` `7,876,476 7.90%` B: Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date Exercise/ conversion No. of voting rights Percentage of voting `period/date that may be acquired rights` `(if the instrument` `exercised/converted)` Total (A+B) Number of voting rights Percentage of voting rights `7,876,476 7.90%` 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Proxy Voting: `10. Name of proxy holder: Janus Capital Management LLC` `11. Number of voting rights proxy holder will 148,397` cease to hold: `12. Date on which proxy holder will cease to 17 November 2009` hold voting rights: 13. Additional information: `14 Contact name: Kathy Valenta` 15. Contact telephone name: 303-336-4528 For notes on how to complete form TR-1 please see the FSA website. Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in shares A: Identity of the persons or legal entity subject to the notification obligation `Full name Janus Capital Management, LLC` (including legal form of legal entities) `Contact address 151 Detroit St.` `(registered office for legal entities) Denver, CO 80206` USA `Phone number & email 303-336-4528` `kathy.valenta@janus.com` Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange END HOLUKUARKARAAAA More
Thu 11:12	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 7712C Wellstream Holdings PLC 19 November 2009 Financial Services Authority TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings Plc` of existing shares to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box or boxes): `An acquisition or disposal of voting rights Yes` An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): `3. Full name of person(s) subject to the Legal & General Group Plc (L&G)` notification obligation: `4. Full name of shareholder(s) Legal & General Assurance (Pensions Management) Limited` `(if different from 3.): (PMC)` `17 November 2009` 5. Date of the transaction and date on which the threshold is crossed or reached: `6. Date on which issuer notified: 18 November 2009` `7. Threshold(s) that is/are crossed or From 4% - 3% (L&G)` reached: 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number of voting % of voting rights` `of of Number rights` `Shares Voting of shares` `Rights` `Direct Indirect Direct Indirect` `ORD 4,006,893 4,006,893 3,975,393 3,975,393 3.98` GBP 0.01 B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Number of voting` `Type of financial Expiration Exercise/ rights that may be % of voting` `instrument date Conversion Period acquired if the rights` `instrument is` `exercised/ converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise price Expiration date Exercise/ Number of voting rights instrument refers to % of voting rights` `instrument Conversion period` `Nominal Delta` Total (A+B+C) `Number of voting rights Percentage of voting rights` `3.98` `3,975,393` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (3,975,393 - 3.98% = LGAS, LGPL & PMC) `Legal & General Investment Legal & General Insurance Holdings Limited` Management (Holdings) Limited (Direct) (LGIH) (Direct) (LGIMHD) (3,364,454 - 3.37% = PMC) `Legal & General Assurance Legal & General Assurance Society Limited` `(Pensions Management) Limited (LGAS & LGPL)` (PMC) (3,364,454 - 3.37% = PMC) `Legal & General Pensions Limited (Direct)` (LGPL) Proxy Voting: `10. Name of the proxy holder:` N/A `11. Number of voting rights proxy holder will cease` to hold: N/A `12. Date on which proxy holder will cease to hold` voting rights: N/A 13. Additional information: `Notification using the total voting rights figure of 99,748,460` `14. Contact name:` `Helen Lewis (LGIM)` `15. Contact telephone number:` 020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END HOLUKAARKARAAAA More
Tue 10:33	STOCKS NEWS UK-Wellstream down on order backlog, outlook	AFX UK Focus
`STOCKS NEWS Reuters Results diary` `Europe Real-time Equity News` `UK Stocks on the move` `UK smallcaps UK smallcaps news` `10:12GMT 17Nov2009-Wellstream drops on disappointing order backlog, outlook` ---------------------------------------------------------------------------- `Shares in Wellstream Holdings fall as much as 10 percent to 485.10 pence, an 11-week low, after the oil services group says it has an order backlog of 170 million pounds, down from 215 million pounds when it posted its interim results in August.` `The company also says uncertainty remains around timing of contract awards outside of Brazil and that it expects this to affect profits in the first half of 2010.` `"We are positive about the group's product base and longer term market trends, however the statement while in line is somewhat disappointing on the level of order backlog and downbeat about 2010," says FinnCap in a note.` `To see more on Wellstream please click on` Reuters messaging rm://julie.crust.reuters.com@reuters.net `10:10GMT 17Nov2009-Chime Communications higher on update` -------------------------------------------------------- `Shares in British marketing services group Chime Communications Plc gain 1.4 percent, outperforming the FTSE Small Cap Index which sheds 0.2 percent, following a bullish interim update.` `KBC Peel Hunt, which rates the firm as "buy" and raises its target price to 240 pence from 200 pence, says the statement "increases our confidence that Chime's strong first-half trading was not exceptional and has continued".` `The broker says its new target price equates to 10.8 times 2010 estimated earnings, compared to the FTSE Small Cap Index which trades on 11.3 times estimated 2010 earning.` `For more double click on` Reuters Messaging rm://david.brett.reuters.com@reuters.net `09:34GMT 17Nov2009-Big Yellow falls after results` ------------------------------------------------- `Shares in Big Yellow fall 3.1 percent after the self-storage firm posts first-half results, with Evolution Securities repeating its "reduce" rating on the stock.` `"The results are generally weaker than we expected and we continue to favour Safestore over Big Yellow," Evolution says in a note.` `The broker adds that the company has not proposed a dividend, so the shares continue to not provide a yield.` `Big Yellow says adjusted profit before tax in the six months to Sept. 30 rose to 7.7 million pounds from 6.9 million a year ago, while revenue fell 3 percent to 29.2 million pounds.` Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net `08:55GMT 17Nov2009-UK smallcaps fall 0.1 pct early` -------------------------------------------------- `The FTSE Small Cap index falls 0.1 percent in early trade, while the midcaps shed 0.7 percent, and the blue chips are 0.5 percent weaker.` `Accsys Technologies drops 7.8 percent after the environmental science and technology company posts revenue of 9.3 million euros for the six months to Sept. 30, down from 17.9 million in the same period the previous year.` `Pendragon gains 2.9 percent after the car dealer says it traded ahead of plan in the four months to Oct. 31, with the outcome boosted by the government's "cash for bangers" scrappage scheme, good cost control and a better used car performance.` Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net `08:52GMT Redhall higher on contract wins` ---------------------------------------- `Shares in Redhall Group Plc rise 4.2 percent as the British engineering support services group announces two new contract wins at Sellafield and the Atomic Weapons Establishment, totalling 10 million pounds.` Altium Securities, which reiterates its "buy" rating and 195 pence target price, calls the win "reassuring" given the recent change in management and says it demonstrates the wider demand for Redhall's offering. `The broker retains its forecasts ahead of the firm's full-year results due on Dec. 3 and says "underlying long-term drivers for Redhall remain strongly positive", although it anticipates "that it will take time for the stock to rebuild its rating".` `For more double click on` Reuters Messaging rm://david.brett.reuters.com@reuters.net Keywords: MARKETS UK STOCKSNEWS/ COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
Tue 07:04	Wellstream Hldgs Plc - Interim Management Statement	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 6018C Wellstream Holdings PLC 17 November 2009 Wellstream Holdings PLC ('Wellstream') Interim Management Statement Wellstream, the oil field services provider, issues the following Interim Management Statement for the period 1 July to 17 November 2009. Trading continues to be in line with the Board's expectations with earnings for the second half of the year anticipated to be slightly ahead of the first half of 2009 as previously indicated. Strategically, the company continues to make progress. It has acquired the lease on the land adjacent to its Niteroi production plant in Brazil which allows realisation of operational efficiencies, scope to offer key customers logistics support and space to expand production capacity further as demand requires. Also, effective 1 October 2009, the company successfully completed the divestment of its onshore FlexSteelTM business to Prime Natural Resources Inc. for a total cash consideration of approximately USD $30 million. Key contract awards in Brazil under the framework agreement with Petrobras, along with background activity elsewhere, have contributed to backlog which currently stands at �170M. However, whilst awards are evident, uncertainty remains around timing of awards outside of Brazil. The Company anticipates this uncertainty will continue through the first half of 2010 and is likely to impact earnings in that period. Consequently we remain focussed on improving cost efficiency in the business by expanding the local content in our plants and by maintaining the appropriate balance between resources and anticipated demand. For further information, contact: Wellstream Holdings PLC +44 (0) 191 295 9000 Chris Gill, Finance Director Jason Nunn, Investor Relations Tulchan Communications +44 (0) 20 7353 4200 Peter Hewer Notes to Editors: Wellstream refers to Wellstream Holdings PLC (FTSE:WSM) and its subsidiary Wellstream International Ltd. The company is a leading independent designer and manufacturer of high quality bespoke flexible pipeline products, systems and solutions for fluid transportation. Its pipeline portfolio includes established product lines such as dynamic flexible risers and static flowlines, for deep and ultra-deepwater environments. With over 1000 employees, Wellstream has offices/facilities in the UK, Brazil, USA, and Australia. Further information regarding Wellstream and its products and services can be accessed at www.wellstream.com. This information is provided by RNS The company news service from the London Stock Exchange END IMSGUGCGGUPBGBQ More
06-11-09	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 1451C Wellstream Holdings PLC 06 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings` `of existing shares to which voting rights are PLC` attached: 2 Reason for the notification (please tick the appropriate box or boxes): `Yes` An acquisition or disposal of voting rights `No` An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments `No` An event changing the breakdown of voting rights N/A Other (please specify): `3. Full name of person(s) subject to the Janus Capital Management LLC` notification obligation: 4. Full name of shareholder(s) (if different from 3.): `5. Date of the transaction and date on which 4 November 2009` the threshold is crossed or reached: `6. Date on which issuer notified: 5 November 2009` 7. Threshold(s) that is/are crossed or reached: 9% 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number Number of voting % of voting` `of of of shares rights rights` `Shares Voting` `Rights` `Direct Direct Indirect Direct Indirect` `Ordinary 9,032,176 9,032,176 8,825,157 8,825,157 8.85%` GB00B1VWM162 B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Expiration Exercise/ Number of voting % of voting` `instrument date Conversion rights that may be rights` `Period acquired if the` `instrument is` `exercised/` `converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights` `instrument price date Conversion rights instrument` `period refers to` `Nominal Delta` Total (A+B+C) Number of voting rights Percentage of voting rights `8,825,157 8.85%` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: `10. Name of the proxy holder: Janus Capital Management LLC` `11. Number of voting rights proxy holder will 207,019` cease to hold: `12. Date on which proxy holder will cease to 4 November 2009` hold voting rights: 13. Additional information: `14. Contact name: Kathy Valenta` 15. Contact telephone number: 303-336-4528 This information is provided by RNS The company news service from the London Stock Exchange END HOLUNOVRKKRARAA More
05-11-09	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 0453C Wellstream Holdings PLC 05 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings` `of existing shares to which voting rights are PLC` attached: 2 Reason for the notification (please tick the appropriate box or boxes): `Yes` An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): `3. Full name of person(s) Legal & General Group` `subject to the notification Plc (L&G)` obligation: 4. Full name of shareholder(s) Legal & General `(if different from 3.): Assurance (Pensions` `Management) Limited` (PMC) 5. Date of the transaction and 2 November 2009 date on which the threshold is crossed or reached: `6. Date on which issuer 4 November 2009` notified: `7. Threshold(s) that is/are From 3% - 4% (L&G)` crossed or reached: 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number Number of voting % of voting` `of of of shares rights rights` `Shares Voting` `Rights` `Direct Direct Indirect Direct Indirect` `ORD 3,881,925 3,881,925 4,006,893 4,006,893 4.01` GBP 0.01 B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Expiration Exercise/ Number of voting % of voting` `instrument date Conversion rights that may be rights` `Period acquired if the` `instrument is` `exercised/` `converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights` `instrument price date Conversion rights instrument` `period refers to` `Nominal Delta` Total (A+B+C) Number of voting rights Percentage of voting rights `4,006,893 4.01` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (4,006,893 -4.01 % = LGAS, LGPL & PMC) `Legal & General Investment Legal & General Insurance Holdings Limited` Management (Holdings) Limited (Direct) (LGIH) (Direct) (LGIMHD) (3,395,954 -3.40 % = PMC) `Legal & General Assurance Legal & General Assurance Society Limited` `(Pensions Management) Limited (LGAS & LGPL)` (PMC) (3,395,954 -3.40 % = PMC) `Legal & General Pensions Limited (Direct)` (LGPL) Proxy Voting: `10. Name of the proxy holder: N/A` `11. Number of voting rights proxy holder will cease to hold: N/A` 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Notification using the total voting rights `figure of 99,748,460` `14. Contact name: Helen Lewis (LGIM)` 15. Contact telephone number: 020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END HOLUVAORKKRARAA More
04-11-09	Wellstream Hldgs Plc - Amended Block Listing Application	RNS
RNS Number : 9764B Wellstream Holdings PLC 04 November 2009 The following amendment has been made to the Blocklisting Interim Review announcement released on 3 November 2009 at 15.33 under RNS No 8850B Clarification has been made with respect to the Company's employee share plans mentioned in the announcement. All other details remain unchanged. The full amended text is shown below. Wellstream Holdings PLC ("Wellstream", or the "Company") Amended Block Listing Application Wellstream has made an application for the Block Listing of one million ordinary shares of £0.01 each in the capital of the Company to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. The shares will rank pari passu with the existing ordinary shares in the Company and will be allotted to employees and former employees upon exercise of rights under the Company's Performance Share Plan and SAYE Share Option Scheme. Name of authorised official responsible for making this notification; Rob Lamb Company Secretary For further information please contact; Wellstream Holdings PLC +44 (0) 191 295 9000 Rob Lamb, Company Secretary Jason Nunn, VP Investor Relations This information is provided by RNS The company news service from the London Stock Exchange END LISFSDFMLSUSESF More
03-11-09	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 8854B Wellstream Holdings PLC 03 November 2009 Financial Services Authority TR-1:NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings Plc` of existing shares to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box or boxes): `An acquisition or disposal of voting rights Yes` An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): `3. Full name of person(s) subject to the Legal & General Group Plc (L&G)` notification obligation: `4. Full name of shareholder(s) Legal & General Assurance (Pensions Management) Limited` `(if different from 3.): (PMC)` `30 October 2009` 5. Date of the transaction and date on which the threshold is crossed or reached: `6. Date on which issuer notified: 2 November 2009` `7. Threshold(s) that is/are crossed or From 4% - 3% (L&G)` reached: 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number of voting % of voting rights` `of of Number rights` `Shares Voting of shares` `Rights` `Direct Indirect Direct Indirect` `ORD 4,375,765 4,375,765 3,881,925 3,881,925 3.89` GBP 0.01 B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Number of voting` `Type of financial Expiration Exercise/ rights that may be % of voting` `instrument date Conversion Period acquired if the rights` `instrument is` `exercised/ converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise price Expiration date Exercise/ Number of voting rights instrument refers to % of voting rights` `instrument Conversion period` `Nominal Delta` Total (A+B+C) `Number of voting rights Percentage of voting rights` `3,881,925 3.89` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (3,881,925 -3.89 % = LGAS, LGPL & PMC) `Legal & General Investment Legal & General Insurance Holdings Limited` Management (Holdings) Limited (Direct) (LGIH) (Direct) (LGIMHD) (3,270,986 -3.27 % = PMC) `Legal & General Assurance Legal & General Assurance Society Limited` `(Pensions Management) Limited (LGAS & LGPL)` (PMC) (3,270,986 -3.27 % = PMC) `Legal & General Pensions Limited (Direct)` (LGPL) Proxy Voting: `10. Name of the proxy holder:` N/A `11. Number of voting rights proxy holder will cease` to hold: N/A `12. Date on which proxy holder will cease to hold` voting rights: N/A 13. Additional information: `Notification using the total voting rights figure of 99,748,460` `14. Contact name:` `Helen Lewis (LGIM)` `15. Contact telephone number:` 020 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange END HOLUOOVRKRRARAA More
03-11-09	Wellstream Hldgs Plc - Blocklisting Interim Review	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 8850B Wellstream Holdings PLC 03 November 2009 Wellstream Holdings PLC ("Wellstream", or the "Company") Block Listing Wellstream has made an application for the Block Listing of one million ordinary shares of �0.01 each in the capital of the Company to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. The shares will rank pari passu with the existing ordinary shares in the Company and will be allotted to employees and former employees upon exercise of rights under the Company's employee share plans. Name of authorised official responsible for making this notification; Rob Lamb Company Secretary For further information please contact; Wellstream Holdings PLC +44 (0) 191 295 9000 Rob Lamb, Company Secretary Jason Nunn, VP Investor Relations This information is provided by RNS The company news service from the London Stock Exchange END LISZGMGMKFNGLZM More
30-10-09	Wellstream Hldgs Plc - Total Voting Rights	RNS
RNS Number : 6947B Wellstream Holdings PLC 30 October 2009 Wellstream Holdings PLC ('Company') - Voting Rights and Capital In accordance with Disclosure and Transparency Rule 5.6.1, Wellstream Holdings PLC (the "Company") announces that as at 30 October 2009 its issued share capital consists of 99,748,460 ordinary shares of £0.01 each, with each share carrying the right to one vote. The Company does not hold any shares in treasury. The total number of voting rights in the Company is therefore 99,748,460. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules. Name of authorised company official responsible for making this notification: Rob Lamb Company Secretary For further information, contact: Wellstream Holdings PLC +44 (0) 191 295 9000 Rob Lamb, Company Secretary Jason Nunn, VP Investor Relations This information is provided by RNS The company news service from the London Stock Exchange END TVREALEEDELNFFE More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Fiat CEO aims to bring Chrysler to a profit in 2011 and cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. A spokesman for Benetton declined to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. A2A The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. * EDISON The idea of a break-up of the group is gaining ground, Corriere della Sera said, without citing sources. France's EDF is using Boston Consulting as advisor, it said. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Mediobanca reports first-quarter results. Nomura raised its price target to 10.40 euros from 7.70 euros with a "buy" rating. The bank is expected to launch a 5-year retail bond of at least 1.5 billion euros, sources told Reuters. BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' SMALL/MID-CAPS * ANSALDO STS The company's third-quarter results are positive and in line with recent forecasts while orders are increasing, Finanza & Mercati said, citing CEO Sergio De Luca. * COIN The department store chain could announce a merger with debt-laden rival Upim in November in a deal in which creditor banks UniCredit and Natixis will convert part of their Upim debt in shares, Il Sole 24 Ore said in an unsourced report. For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Fiat CEO aims to bring Chrysler to a profit in 2011 and cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. A spokesman for Benetton declined to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. A2A The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. * EDISON The idea of a break-up of the group is gaining ground, Corriere della Sera said, without citing sources. France's EDF is using Boston Consulting as advisor, it said. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Mediobanca reports first-quarter results. Nomura raised its price target to 10.40 euros from 7.70 euros with a "buy" rating. The bank is expected to launch a 5-year retail bond of at least 1.5 billion euros, sources told Reuters. BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' SMALL/MID-CAPS * ANSALDO STS The company's third-quarter results are positive and in line with recent forecasts while orders are increasing, Finanza & Mercati said, citing CEO Sergio De Luca. * COIN The department store chain could announce a merger with debt-laden rival Upim in November in a deal in which creditor banks UniCredit and Natixis will convert part of their Upim debt in shares, Il Sole 24 Ore said in an unsourced report. For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Fiat CEO aims to bring Chrysler to a profit in 2011 and cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. A spokesman for Benetton declined to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. A2A The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. * EDISON The idea of a break-up of the group is gaining ground, Corriere della Sera said, without citing sources. France's EDF is using Boston Consulting as advisor, it said. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Mediobanca reports first-quarter results. Nomura raised its price target to 10.40 euros from 7.70 euros with a "buy" rating. The bank is expected to launch a 5-year retail bond of at least 1.5 billion euros, sources told Reuters. BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' SMALL/MID-CAPS * ANSALDO STS The company's third-quarter results are positive and in line with recent forecasts while orders are increasing, Finanza & Mercati said, citing CEO Sergio De Luca. * COIN The department store chain could announce a merger with debt-laden rival Upim in November in a deal in which creditor banks UniCredit and Natixis will convert part of their Upim debt in shares, Il Sole 24 Ore said in an unsourced report. For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Fiat CEO aims to bring Chrysler to a profit in 2011 and cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. A spokesman for Benetton declined to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. A2A The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. * EDISON The idea of a break-up of the group is gaining ground, Corriere della Sera said, without citing sources. France's EDF is using Boston Consulting as advisor, it said. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Mediobanca reports first-quarter results. Nomura raised its price target to 10.40 euros from 7.70 euros with a "buy" rating. The bank is expected to launch a 5-year retail bond of at least 1.5 billion euros, sources told Reuters. BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' SMALL/MID-CAPS * ANSALDO STS The company's third-quarter results are positive and in line with recent forecasts while orders are increasing, Finanza & Mercati said, citing CEO Sergio De Luca. * COIN The department store chain could announce a merger with debt-laden rival Upim in November in a deal in which creditor banks UniCredit and Natixis will convert part of their Upim debt in shares, Il Sole 24 Ore said in an unsourced report. For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. FIAT CEO AIMS TO BRING CHRYSLER TO A PROFIT IN 2011 AND cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. * TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. Benetton was not reachable to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. * INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. `* A2A` The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. * UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Nomura raised its price target to 10.40 euros from 7.70 euros with a buy rating. Mediobanca is due to report first quarter results. * BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. FIAT CEO AIMS TO BRING CHRYSLER TO A PROFIT IN 2011 AND cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. * TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. Benetton was not reachable to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. * INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. `* A2A` The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. * UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Nomura raised its price target to 10.40 euros from 7.70 euros with a buy rating. Mediobanca is due to report first quarter results. * BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. FIAT CEO AIMS TO BRING CHRYSLER TO A PROFIT IN 2011 AND cut the time-to-market of its models to 18 months as part of the U.S. automaker's business plan that will be unveiled Nov. 4, La Repubblica said in an unsourced report. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. * TELECOM ITALIA Benetton-owned Sintonia is expected to quit a pact of investors that controls Telecom Italia through a partial demerger that would result in Sintonia holding directly 2 percent of the phone company, La Repubblica said without citing sources. Benetton was not reachable to comment. Il Sole 24 Ore said the pact renewal announcement is expected on Wednesday or on Thursday morning at the latest. * INTESA SANPAOLO The management board has given a mandate to its CEO to finalise an offer to buy 50 branches from Banca Monte dei Paschi di Siena at 4 million euros each, Il Messaggero said, without citing sources. Carige will not participate in the bid since the price is too high, it added. The paper also said the bank will decide on whether to sell a minority or majority stake in asset management unit Banca Fideuram or list it by the end of November. `* A2A` The tax arrears the utility has to pay will have a significant impact on the group's results, managing director Renato Ravanelli said in an interview with MF. He added A2A could tap the bond market again in 2010 but not before autumn. Without citing sources, MF said A2A is considering offering a 2009 dividend much lower than 2008. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. * UBS raises target to 18.5 euros from 17.5 euros, rating 'sell' MEDIOBANCA Nomura raised its price target to 10.40 euros from 7.70 euros with a buy rating. Mediobanca is due to report first quarter results. * BULGARI Citigroup raises target price to 3 euros from 2.7 euros, rating 'sell' For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
28-10-09	Italian Stocks - Factors to watch on Oct 28	AFX UK Focus
MILAN, Oct 28 (Reuters) - The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (). FIAT* Chrysler, the U.S. automaker in which Fiat holds a 20 percent stake, ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Germany's new government will take a fresh look at the planned sale of carmaker Opel to Canada's Magna and may consider dropping its support for the deal, a member of the trust overseeing Opel said. Fiat made an early bid for Opel but dropped out of later talks. SAIPEM The oil services company has no plans to make acquisitions in the flexible pipes market, its chief executive said, rejecting speculation of a possible interest in Wellstream . Saipem Chief Executive Pietro Franco Tali said he did not expect a dramatic fall in revenues in 2010 although he added he expected weaker 2010 results in the oil services industry. MEDIOBANCA Nomura raised its price target to 10.40 euros from 7.70 euros with a buy rating. Mediobanca is due to report first quarter results. For Italian market data and news, click on codes in brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... Keywords: ITALY MARKETS/FACTORS (Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More
21-10-09	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 1387B Wellstream Holdings PLC 21 October 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings` `of existing shares to which voting rights are PLC` attached: 2 Reason for the notification (please tick the appropriate box or boxes): `X` An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): `3. Full name of person(s) subject to the BlackRock Inc.` notification obligation: `4. Full name of shareholder(s) (if different from N/A` 3.): `5. Date of the transaction and date on which the 19th October 2009` threshold is crossed or reached: `6. Date on which issuer notified: 20th October 2009` `7. Threshold(s) that is/are crossed or reached: Holding has gone below 5%` 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number Number of voting % of voting rights` `of of of shares rights` `Shares Voting` `Rights` `Direct Direct Indirect Direct Indirect` `GB00B1VWM162 4,665,861 4,665,861 N/A N/A 4,542,262 N/A 4.55%` B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Expiration Exercise/ Number of voting % of voting` `instrument date Conversion rights that may be rights` `Period acquired if the` `instrument is` `exercised/` `converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights` `instrument price date Conversion rights instrument` `period refers to` `CFD N/A N/A N/A 320,194 Nominal Delta` `0.32%` Total (A+B+C) Number of voting rights Percentage of voting rights `4,862,456 4.87%` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: BlackRock Investment Management (UK) Limited - 4,862,456 (4.87%) Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: BlackRock Compliance Disclosures Department `14. Contact name: Louise Lyle` 15. Contact telephone number: 0131 472 7472; louise.lyle@blackrock.com This information is provided by RNS The company news service from the London Stock Exchange END HOLUASBRKURRURA More
20-10-09	Wellstream Hldgs Plc - Holding(s) in Company	RNS
RNS Number : 0668B Wellstream Holdings PLC 20 October 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES `1. Identity of the issuer or the underlying issuer Wellstream Holdings` `of existing shares to which voting rights are PLC` attached: 2 Reason for the notification (please tick the appropriate box or boxes): `Yes` An acquisition or disposal of voting rights `No` An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments `No` An event changing the breakdown of voting rights N/A Other (please specify): `3. Full name of person(s) subject to the Janus Capital Management LLC` notification obligation: 4. Full name of shareholder(s) (if different from 3.): `5. Date of the transaction and date on which 16 October 2009` the threshold is crossed or reached: `6. Date on which issuer notified: 19 October 2009` 7. Threshold(s) that is/are crossed or reached: 10% 8. Notified details: A: Voting rights attached to shares `Class/type of Situation previous Resulting situation after the triggering transaction` `shares to the triggering` `transaction` if possible using the ISIN CODE `Number Number Number Number of voting % of voting` `of of of shares rights rights` `Shares Voting` `Rights` `Direct Direct Indirect Direct Indirect` `Ordinary 10,287,078 10,287,078 9,867,048 9,867,048 9.89%` GB00B1VWM162 B: Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Expiration Exercise/ Number of voting % of voting` `instrument date Conversion rights that may be rights` `Period acquired if the` `instrument is` `exercised/` `converted.` C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction `Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights` `instrument price date Conversion rights instrument` `period refers to` `Nominal Delta` Total (A+B+C) Number of voting rights Percentage of voting rights `9,867,048 9.89%` 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: `10. Name of the proxy holder: Janus Capital Management LLC` `11. Number of voting rights proxy holder will N/A` cease to hold: `12. Date on which proxy holder will cease to N/A` hold voting rights: 13. Additional information: `14. Contact name: Kathy Valenta` 15. Contact telephone number: 303-336-4528 This information is provided by RNS The company news service from the London Stock Exchange END HOLURVBRKSRRURA More

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