Morning Eyecatchers: BA delivers Q4 operating margin of 10%

* British Airways delivers fourth quarter operating margin of 10%; full-year pre-tax £883 million vs £811 million; sales up 3.1% to £8.75 billion; sees revenue for the full year increasing by around 4%; full-year revenue guidance at lower end of guidance; first-quarter results to be hit by crude price rises and T5 difficulties; full-year outlook challenging; reviewing capacity, costs and network; new UK air tax regime may adversely impact revenue; to pay first dividend since 2001

* British Energy has received takeover offers from several parties; will continue talks with all the parties concerned

* BG Group orders two additional LNG ships from Samsung Heavy Industries

* Dana Petroleum sees 2008 production 40,000-45,000 boepd, up 30% vs 2007; to drill up to 17 exploration wells in 2008; rigs secured; plans £200 million capital investment for 2008

* Ladbrokes aajusted profits up 13% in four months to end April; high rollers profit £40 million. but activity recently fallen; over-the-counter gross win up 4% driven by string football growth; seeing no evidence yet of consumer downturn

* Reckitt Benckiser to pursue acquisitions in China and japan

* Kier Group full-year pre-tax profit in line with expectations; cuts ful-year housing expectations; to adjust housing cost base in line with reduced trading; exploring other potential disposals in PFI business

* Cenkos Securities ends offer talks with Arden Partners; Arden has received approaches from parties other than Cenkos

* Rightmove to place up to 16.2 million shares via accelrated bookbuildingprocess

* Alterian agrees £18.1 million takeover of MediaSurface; to raise £13.2 million via placing to part-fund takeover; full-year revenue up 38% to £19.3 million; full-year pre-tax profit £4 million vs £2 million; sees deal earnings enhancing in first full year; confident for full-year outlook

* Regent Inns offer talks continuing; entertainment operations second-half to date like-for-like sales down 10.9%; Walkabout sales hit; Jongleurs remains robust; restaurant business showing steadily improving sales

* Block Shield to buy MU-Gahat in all-share deal; Mu-Gahat share payment worth 39% of enlarged capital; to place 12.58 million shares at 33p; Mu-Gharat director Edwin CH to be Block Shield chief executive; Block Shield sees full-year 2007-08 sales down and wider operating loss as order flow slowed

* Charter sees full-year outcome ahead of previous expectations

* Hochschild Mining receives approval to increase stake in lake Shore Gold to 40%

* JKX Oil & Gas first-quarter production down 15% to 11,494 boepd; made good progress in first quarter; sees increased output in second half

* John Lewis week to May 10 department store sales down 4.3%; Waitrose sales up 7.8%; total sales up 2.9%

* Computacenter sees first-half slightly below below last year; full-year expectations unchanged; UK and France first-quarter trading difficult; second-quarter group sales started encouragingly; ahead oflast year; sales in first quarter up 1.8% to £586.4 million on stroing euro

* Capital & Regional underlying tenant facing business remains resilient; proposal to raise new equity is well progressed; sees investment market conditions in 2008 as challenging; first-quarter mall shopping centre portfolio footfall up 1.2%

* Ark Therapeutics five months performance in line with management expectations

* Novae first-quarter gross written premiums £88.5 million vs £89.1 million; syndicate forecasts unchanged ; average rates down 6% on business renewed in first quarter; like-for-like incomer falling as market softens

* SMG core TV business growth progressing well; made reductions in cost base; STV outperforming ITV; regional sales to continue double digit growth; sees weaker second quarter in radio on volatility in overall market; sale of Virgin Radio and non-core disposal progressing

* UTV Media revenue growth grows 7% in four months to April 30; made strong start to year; full-year expectations unchanged

* Avis Europe year-to-date revenues up in all markets except Spain; strength of euro starting to affect trading; sees good volume growth in rest of year; expects fleet costs for the full year to be higher; full-year outlook unchanged

* Southern Cross Healthcare opens three new centres; pipeline progressing well

* Freedom4 2007 operating loss £11.7 million vs profit £600,000; sales £283.1 million vs £294.4 million

* Bloomsbury Publishing current operating performance encouraging and in line; cash flow stronger than expected; balance sheet trong; positioned for acquisition opportunities

* Vislink first-quarter orders up 4% at constant exchange rates; underlying revenue up 1%; end first-quarter order book £34.3 million, up 14.7% vs end-December; trading in line with its expectations; sees results weighted to second half

* Infinity Bio-Energy sees full-year results below expectations; ethanol and sugar prices lower than expected in year

* Innovation buys National Service Network for up to £6.85 million

* Wyatt sees full-year group loss attributed to discontinued activities

* Vision Media calls egm to discuss share capital reorganisation; share price is provinga barrier to raising fresh capital; wants to riase share capital in company to £20 million

* Atlas Estates slips to loss in January-March period

* Albemarle and Sinobrom plan joint venture and marketing deal with Shandong Weltai Fine Chemical

* NXT trading in line withits expectrations in Jan 1-May 15 period; has progressed plan to increase licensing and consulting revenues; breakeven within sight on expected sales growth and reduced costs

* Rugby Estates sees new acquisitions significantly funded by share issue; sees further acquisitions over medium term

* DHX Media third-quarter revenues up 280% to record C$20.4 million; net up 554%

* Maypole current trading marginally below expectations; first-quarter like-for-like sales slightly below vs last year

* Holidaybreak headline pre-tax loss £15.4 million vs £6.8 million; dividend 9.25p vs 8.8p; expects to deliver industry-leading margins ; operations resilient; confident on longer term outlook; revenues upto £156 million on progress from education acquisitions

* Enova Systems first-quarter net loss widens to $2.67 million; seen indications for future production growth

* Macro 4 new business pipeline robust; sees stronger second half ; sees full-year revenue between £28 million and £29 million

* African Copper first-quarter net loss widens on lower interest and higher cots and foreign exchange loss

* Frontera resources first-quarter net loss widens to $6.15 million vs $2.76 million

* Green Dragon Gas raises $37.7 million via 4.7 million placing at $7.98

* Watermark unit Air Fayre retains Qantas catering contract for further three years worth £7 million per year

* Humberts shares suspended on AIM pending clarification of financial position

* Tianshan Goldfields drilling started at Gold Mountain project

* Metals Exploration places 20.2 million shares at 20p raising £4.04 million

* RCG unit buys majority interest in Vast Base for total £27 million; sees deal earnings enhancing in year to end December 31

* Van Dieman sees delay in commissioning and full production from Scotia mine; delay could lead to modest shortfall in capital needs; reviewing financing options; endurance project on track for early 2009 start; to review Jorc reserve and resource estimates

* Phibro Animal Health third-quarter sales up 22% to $132 million; third-quarter net loss $12.3 million

* Petrofac current year started well; sees 2008 as year of strong growth; order backlog rises to $4.9 billion at end-April from $4.4 billion in December; sees 2008 net profit towards top end of expectations

* Kalimantan Gold signs option to acquire stakes in Indonesian coal concerns

* Energem Resources first-quarter revenue $20.8 million vs $14.7 million; first-quarter earnings $983,000 vs loss $10.5 million; earnings per share $0.01 vs loss $0.07

* Antrim Energy first-quarter net loss $808,000 vs loss $1.08 million

* Japan's April consumer confidence index eases to 35.2 vs 36.7 in March

* European new car registrations up 9.6% year-on-year