| From UK-Analyst.com: Friday 30th August 2013 IMPORTANT: Are your UK-Analyst emails being delayed? Add UK-Analyst@news.t1ps.com to your safe senders/contact list to help resolve the problem The Markets Over in Asia, new data from India revealed that the nation's economy continued to slow in the April-June quarter. Government figures revealed that the economy expanded at a rate of 4.4% in the second quarter of the year, down from the 4.8% growth which was posted for the first three months of 2013. The new data marks the continuation of a trend which saw India's annual growth rate fall to a decade-low of 5% in the last fiscal year ended 31st March as sustained inflation, swelling deficits and tight credit availability all acted as heavy drags on growth. Some experts cannot see an end to this slowing trend in the short-term, with Radhika Rao, an economist at DBS Group Holdings, arguing, "The economy may slow further if the liquidity tightening steps are kept in place for an extended period." Meanwhile, in another of the "BRIC" economies, Brazil's economy expanded at 3.3% year-on-year throughout the same period, up by 1.5% on the previous quarter, a result which was above market expectations. The nation's agriculture sector was the primary driver of the growth as soy production was up by 23.7% over the second quarter of 2012. Here in the UK, new findings from the British Chamber of Commerce (BCC) have prompted it to increase its growth forecasts for the UK. The business lobby group now expects 1.3% growth this year, up from the originally anticipated 0.9% level of growth. Its forecasts for the next two years were upped to 2.2% and 2.5% respectively. The findings also prompted the group to suggest that the government could do more to support the recovery by improving the access for fast-growth business to loans, providing financial support to the building of new infrastructure and by helping exporters gain access to foreign markets. Although the upgrades are positive, BCC Director general John Longworth refused to get carried away and said "Unfortunately, however, the recovery is not yet secure. We have had false dawns in recent years and although this upturn appears to be on stronger ground, we must be aware that complacency could lead to setbacks." ADVERTISMENT 16% returns from short-term property investment? - CLICK HERE
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CLICK HERE to see details of a sample project – London projects also available! At the London close the Dow Jones was down by 36.16 points at 14,804.79 and the Nasdaq fell by 17.92 points to 3,075.44 In London the FTSE 100 was down by 70.12 points at 6,412.93 and the FTSE 250 fell by 110.62 points to 14,625.18. The FTSE All-Share was down by 34.83 points at 3,410.43 while the FTSE AIM Index was down by 0.96 points at 752.61.  Broker Notes Beaufort Securities stuck with its " buy" recommendation on advertising group WPP (WPP), after it announced encouraging interim results yesterday. The broker is impressed with how WPP continues to make strategic small and medium sized acquisitions to fuel growth. Beaufort also notes upcoming events such as the World Cup in Brazil, the Winter Olympics in Sochi and the Congressional elections in the US and feels these will give an earnings boost to the group. The shares were down by 32p at 1,195p. Westhouse Securities maintained its "buy" stance on publishing firm Publishing Technology (PTO), increasing its target price from 360p to 475p. The broker notes some positive developments at this week's Beijing International Book Fair for the firm. However, the broker is not changing its forecast at this stage and believes that the risks to numbers are firmly to the upside as it has not included any significant contribution from China. The shares grew by 5p to 385p. Cantor Fitzgerald stuck with its "buy" stance on electronics retailer Dixons (DXNS), with a target price of 50p. The broker feels that the firm's current share price is not particularly demanding given the attractive fundamentals, good product cycle and a strengthening market position. The broker is also encouraged by the company's ability to lower finance costs and its prowess in capitalising on market consolidation. The shares fell by 0.56p to 41.25p. 
Mid Caps Online gaming group Bwin.party digital (BPTY) posted a 16.5% fall in revenues to 342.5 million euros (221.3 million pounds) for the first 6 months of the year, as losses narrowed from 15.3 million euros (9.9 million pounds) to 9.1 million euros (5.9 million pounds). The firm attributed the decline in revenues to the ongoing restructuring of its businesses as it looks to enhance its presence in regulated and to-be-regulated markets. Bwin - the former sponsors of Real Madrid - also blamed the migration of dotcom's poker services for its loss making position as it brought about a series of "operational challenges." The shares plunged by 17.3p to 110p. Sports media firm Perform Group (PER) announced a 37% increase in revenues to 92.4 million pounds for the first half of 2013, with adjusted pre-tax profits up by 28% at 11 million pounds. The firm explained that it benefitted from a strong video and display advertising performance, even without the benefit of Euro 2012, with the establishment of Perform Sporting News and the continued growth of the ePlayer and the group's owned portals. The update comes after Citigroup, which has a "neutral" stance on the shares, increased its target price from 430p to 550p earlier this week. The shares were down by 10p at 523p. Restaurant operator The Restaurant Group (RTN) revealed that revenues generated over the first half of the year increased by 11.5% to 280 million pounds, pushing pre-tax profits up by 15% to 30 million pounds. The Chiquito and Garfunkel's owner explained that all of its brands grew like-for-like sales over the period, in a trend which prompted the firm to open seven new restaurants over the first half of the year. Looking ahead, the company is confident on its prospects and is excited with its current pipeline of new sites stretching into 2015. The shares edged up by 1.5p to 540.5p. Small Caps Property services firm Sweett Group (CSG), claimed that it has continued to trade "strongly" since its last update to the market in July and, consequently, it expects to exceed market expectations for the full year. Management claimed that within the next two years, Sweett Group can grow to a 100 million pounds turnover business, with margins recovering to 7-8%. The uplift in performance is based on improvements across all of its operating regions, including a greater level of activity in its domestic UK market. The shares increased by 6.75p to 44.25p. Tungsten and gold explorer W Resources (WRES) confirmed that it has taken ownership of the La Parrilla Mine in southwest Spain. The La Parrilla mine has been transferred to the Company for an initial consideration of 900,000 euros (768,000 pounds) plus VAT. Following the initial payment of 900,000 euros, the company will make further phased payments of 1.3 million euros (1.1 million pounds) in Q3 2014 and of 500,000 euros (427,000 pounds) in Q3 2015. Production from the site is due to begin later this year. The shares surged by 0.24p to 1.25p. Ariana Resources* (AAU), the Turkey-focused gold exploration firm, has submitted the final environmental impact assessment for its flagship Red Rabbit project in Turkey. All being well, Ariana should now get the go-ahead to proceed with final permitting for construction in the fourth quarter of the year. Ariana also said the firm, along with its JV partners, are negotiating finance for the construction of the mine and of expected commissioning, which is currently scheduled for the second half of next year. The shares increased by 0.12p to 1p. ADVERTISEMENT Get free trading guides from Evil Knievil (How to successfully short stocks), Zak Mir (Top AIM market picks for 2013) and other top financial commentators by CLICKING HERE 
Supplier of building products Tyman (TYMN), confirmed a 12.5% fall in like-for-like operating profits to 10.9 million pounds for the first half of 2013, despite a 1.6% increase in revenues to 123.7 million pounds. The group conceded that it had to contend with tough European construction markets over the period, which cancelled out some success within the group's North American operations. Looking ahead, the group is expecting the positive impact of the acquisition of Truth Hardware in North America to feed through to overall results. The shares slipped by 7.5p to 217.5p. Lamprell (LAM), the oil and gas services company, announced a new contract award, for "the construction and delivery of a completely outfitted, LeTourneau designed, jackup rig". The rig - which will be built at the firm's Hamriyah facility - should be delivered by the beginning of 2015. The news caps a good week for Lamprell, coming after strong first-half results were released yesterday. The shares crept upwards by 5.25p to 148p. Motorbike manufacturer Vmoto (VMT) managed to narrow its first half pre-tax loss from A$0.96 million (0.55 million pounds) to A$0.55 million (0.26 million pounds) for the first half of the year, as revenues surged from A$5.2 million (3 million pounds) to A$9.8 million (5.64 million pounds). The firm attributed much of its success to its strategy of entering into the electric two wheel vehicle market in China. Additionally, Vmoto has benefitted from the launch of six new models as it attempts to cater to the different needs of the motorbike market. The shares jumped by 0.1p to 1.45p. *Ariana Resources is a corporate client of a subsidiary of Rivington Street Holdings, the owner of this website. | 
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