STOCKS NEWS UK SMALL-Intelligent Environments rises on update

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08:36GMT 10Jun2009-Intelligent Environments rises on update

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Shares in Intelligent Environments (IEN.L) rise 12.5 percent to 10.75 pence as the online software company reports robust trading and a number of contract wins in its AGM statement.

"Visibility of earnings is crucial in these uncertain times and Intelligent Environments has a robust business model that delivers significant amounts of recurring income," says FinnCap analyst Paul Cornelius in a note to clients.

He upped his target price in the stock to 15 pence from 9.6 pence.

For company statement click on [ID:nRnsJ6379T]

Reuters messaging rm://ben.deighton.thomsonreuters.com@reuters.net

08:14GMT 10Jun2009-Ideal Shopping up; sales surprise

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Shares in Ideal Shopping Direct (IDLS.L) rise nearly 9 percent after the British televison shopping company reports sales in the 21 weeks to May 24 were up around 2 percent, prompting Altium Securities to improve its forecasts after the numbers beat its previous estimates.