STOCKS NEWS EUROPE-UK small caps close 0.6 pct higher

The FTSE Small Cap index .FTSC closes 0.6 percent higher, underperforming both the blue chips .FTSE and the midcaps .FTMC, which close up 1.9 percent and 1.1 percent respectively.

DCD Media (DCD.L) gains more than 8 percent after the independent TV producer posts a full-year profit and says it aims to secure half of its revenues from North America within two years after a successful push into that market that has offset tough conditions in the UK. [ID:nLDE5BK0ZG]

Debt-laden British firm Raymarine RAY.L plunges nearly 70 percent after announcing after the market close on Friday that it is in exclusive talks over a sale of the business that will likely leave no value for shareholders and it has ended discussions with U.S. navigation device maker Garmin (GRMN.O).

Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net