STOCKS NEWS UK SMALL-Aga up after positive analyst meeting

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11:42GMT 01Jun2009-Aga up after positive analyst meeting

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Shares in Aga Rangemaster (AGA.L) rise as much as 4 percent to 93.75 pence after Evolution analysts say they see "light at the end of the tunnel" for the cooker manufacturer, whose shares have lost two-thirds of their value in the last year, after a site visit last week.

Evolution also says AGA's cost reductions are starting to bear fruit, especially in the U.S. where the required sales level to break even has been lowered by the opening of a new plant.

"AGA is essentially driven by housing transaction activity and as this starts to improve, the drop through on a considerably leaner cost base will be substantial. There is some light at the end of the tunnel and the patient will be well rewarded at these levels," says Evolution analyst Harry Phillips.

Reuters messaging rm://rhysl.jones.reuters.com@reuters.net

11:33GMT 01Jun2009-Oxford BioMedica up after cancer data

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Shares in gene therapy specialist Oxford BioMedica (OXB.L) rise 5 percent after the company releases data for its TroVax cancer vaccine in colorectal cancer and renal cancer at the American Society of Clinical Oncology meeting in Orlando, Florida.

"The data supports the idea that the immune response induced by TroVax provides potential clinical benefit, contrary to market perception," says Ian Wainwright, managing director life sciences specialist sales at brokerage Canaccord Adams.

The company saw its share value cut by three quarters last year after TroVax failed to meet its main goal in a final stage clinical trial. [ID:nL11713523]