Monday, June 6, 2016

Volvere (LON:VLE) chief hails great 2015; focused on raising assets per share: ProactiveInvestors Stocktube

Published on 6 Jun 2016
Jonathan Lander, chief executive of investment and turnaround specialist Volvere PLC (LON:VLE) says the company had a “great year” in 2015.

He says the firm focuses on the growth of its assets, rather than the profit and revenue figures adding that “the net assets per share are £5.69, and when we started in 2002 it was about 94p a share, so you’re nearly six times your money.”

He tells Proactive Investors: “2015 was great because we sold JNP which boosted out net assets per share by about 34% that year and you can’t complain about that.”

Volvere saw profits rise in 2015 as the company was boosted by a record performance by pie-maker Shire Foods. Pre-tax profit from continuing operations was £1.34mln, up from £1.2mln the year before, on revenues of £27.9mln more than double the £12.4mln in 2014.

http://www.4-traders.com/VOLVERE-PLC-4004052/ 
www.volvere.co.uk/

Here’s Why TheStreet Is Watching Shares of Bank of America and Wells Fargo: TheStreet

Published on 6 Jun 2016
As Federal Reserve Chair Janet Yellen prepares to speak Monday afternoon, Real Money's Fill or Kill Team will be paying close attention to bank stocks, most notably Bank of America and Wells Fargo . Bank stocks have faltered somewhat in recent years as the Federal Reserve has kept interest rates near zero. Low interest rates mean banks can only charge lower rates on their loans. Lower interest rates compress bank's net interest margin, which is the spread between the interest banks earn on their loans and the interest they pay on deposits. Last week's weak jobs data in which only 38,000 jobs were added by U.S. employers in May make a rate-hike seem less likely. For so-called money center banks such as Bank of America, any indication that the Fed will continue to keep rates near zero after its meeting next week, could be interpreted as another blow to the banks.

#USA - Sanders starts new line of attack against Clinton Foundation: Fox News

Published on 6 Jun 2016
Richard Fowler and Guy Benson debate the impact of this strategy in California and beyond to the general election

PCG Entertainment (LON:PCGE) confident of swift resolution on debt issues: ProactiveInvestors Stocktube

Published on 6 Jun 2016
Nick Bryant, chief executive of PCG Entertainment PLC (LON:PCGE), says he doesn’t think the on-going debt disputes will be a major problem for the company.

A supplier to CDPC, its gaming software and games distributor, is pursuing PCG for an unpaid debt of US$2.1mln from before PCG bought the company, and Bryant says it had a written agreement that relieved it of any obligations in connection with the debt.

In addition, CDPC is being withheld US$1.2mln in a separate dispute with a major customer, but Bryant says the firm is “very well covered on this”.

He adds Proactive Investors: “We remain confident that both issues will be resolved within the very near future”.

Despite the debt issues, Bryant remains focused on the company’s expansion in China, noting “we still think there are tremendous opportunities out there and we are going to pursue them with as much determination as we can”.

pcge.com/

http://www.4-traders.com/PCG-ENTERTAINMENT-PLC-19156922/



#Ukraine - Frenchman 'planned attacks in Euro 2016': BBC News

Published on 6 Jun 2016
A Frenchman detained last month with a large cache of arms was planning mass attacks during the Euro 2016 football tournament, which starts on Friday, Ukrainian officials say. The man, identified by French media as Gregoire Moutaux, 25, was arrested on the Ukrainian border with Poland.

#USA - Texas floods: Helpful kid delivers neighbours' mail in boat: euronews (in English)

Published on 6 Jun 2016
The storm that drenched Texas on Saturday, June 4, triggering more flash flooding, moved into south-central Louisiana later in the day.

A flash flood warning was issued for the area, according to local reports.

Two to four inches of rain were expected, but up to eight inches could fall in some places, the report stated.

This video shows a flooded Lafayette neighborhood where one youngster decided to row and retrieve her neighbors’ mail for them.

#España - Versión Española y Lab RTVE 'Guadalquivir': RTVE .es

Published on 6 Jun 2016
Con motivo del Día Mundial del Medio Ambiente, 'Versión Española' ofreció 'Guadalquivir', nominado a Mejor Documental en los Premios Goya 2014. Te proponemos una experiencia 360 grados en: http://lab.rtve.es/guadalquivir/

#España - Garbiñe Muguruza. Campeona del Ronald Garros: RTVE .es

Published on 6 Jun 2016
Entrevista concedida a TVE el mismo sábado, después de ganar el Roland Garros 2016.