Daily FNArena News - Small Caps

Reliance Group has increased its investment in Algae.Tec as progress is made on a pilot biofuel plant servicing an Indian oil refinery.

Mount Gibson Iron increased shipments and sales in the June quarter but the future remains plagued by the weak iron ore price.

Webjet has acquired SunHotels, which brokers consider is important for the company’s long-term outlook.

DJ Carmichael observes the extraordinary run for Perth-based Liquefied Natural Gas and thinks more upside is in the offing.

iSentia has performed strongly since listing in June and Moelis initiates coverage with a Buy.

Despite a subdued climate, Hills Industries’ balance sheet capacity offers upside potential through further acquisitions.

Collins Foods reveals growth in the KFC franchise was offset by declines in the Sizzler chain in FY14.

Bionomics has entered a potentially valuable deal as global Pharma giant Merck stumps up all development costs for the company’s Alzheimer’s drug.

Brokers downgrade earnings forecasts in the wake of Select Harvests’ update on its weather-impacted 2014 almond crop.

UXC has signalled an improvement in the second half and brokers believe conservative forecasts belie the IT service provider’s potential.