STOCKS NEWS UK SMALL-Filtrona rises on positive Q1, outlook
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10:22GMT 23Apr2009-Filtrona rises on positive Q1, outlook
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Shares in Filtrona Plc (FLTR.L) rise 5.8 percent after the plastics and fibre products company says trading in the first quarter was in line with its expectations and that it is comfortable with its outlook for the year.
"We see value at current levels as we believe there is substantial scope for recovery in the plastics business when economies improve", says Mike Murphy, analyst with Numis Securities, which has an "add" rating on the stock with a target price of 130 pence.
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08:40GMT 23Apr2009-Greene King rises after fundraising
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Shares in Greene King (GNK.L) rise as much as 5 percent after the British pubs group says it plans to raise 207.7 million pounds through a rights issue to repurchase debt and make acquisitions.
Greene King, which has around 2,500 pubs in England and Scotland, also says trading has improved since the start of 2009 and that it expects its underlying pretax profit for the year to be not less than 115 million pounds, in line with expectations. Continued...

