STOCKS NEWS UK SMALL-Plethora rises on trial result
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09:15GMT 07Nov2008-Plethora rises on trial result
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Shares in urology specialist Plethora Solutions (PLE.L) rise 55 percent to 24 pence following a positive Phase III result for its premature ejaculation drug.
"The timing wasn't expected although I would say that a positive result was expected," says Edison analyst Jacob Plieth. "There was a huge sell off last week so the stock plummeted so it's kind of come back to where it was."
For more double click on [ID:nnWLB3045], for statement [ID:nnRnsG6712H].
Reuters Messaging rm://ben.deighton.reuters.com@reuters.net
08:49GMT 07Nov2008-Rentokil up after solid Q3 results
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Shares in Rentokil Initial (RTO.L) rise 4 percent to 48.75 pence after the services group reports slightly better than expected third quarter results and says its turnaround plans are on-track and should take three or four years to complete.
The company, founded in the 1920s, is still suffering from the poor integration of acquisitions and misguided cost-cutting plans by previous management. Continued...


