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Recent News

Friday 19 June, 2015

19-Jun-2015 10:16 AM

Starcom appoint a new CFO

Starcom Systems (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, has appointed a new chief financial officer. Last month the company appointed Ro
19-Jun-2015 10:11 AM

Sound Oil builds a team in Morocco

Sound Oil has announced that Luca Madeddu, currently its managing director in Italy will assume the role of managing director in Morocco and relocate to Rabat and head the team preparing for the company's operatorship and development of the Tendrara
19-Jun-2015 10:03 AM

German PPI at 0.0% in May, below expectations

Germany's producer price index came in at 0.0% in May, against an expected 0.2%. The prior reading was 0.1%. Story provided by
19-Jun-2015 10:02 AM

Market Movers - Top risers and fallers between 09:00 and 10:00

Overall Market RM 151.63 +0.92% Carpetright 571.75 +0.62% HSS Hire Grp 170.88 +0.29% NCC Group 214.00
19-Jun-2015 10:00 AM

UK public-sector borrowing falls in May - ONS

UK public-sector borrowing fell to £10.129bn in May,from £12.35bn in the same month a year ago, Office for National Statistics said. It was the lowest borrowing figure in May for a decade. Story provided by
19-Jun-2015 10:00 AM

Market Movers - Top risers and fallers at 10:00

FTSE 100 Hikma Pharmaceuticals 1968.00 +3.85% Tesco 214.15 +2.22% Ashtead Group 1120.00 +1.82% 3i Group 525.50 +1.
19-Jun-2015 09:54 AM

Colt responds to offer from Fidelity

The independent directors of Colt Group have noted the announcement earlier today of a cash offer from Fidelity at 190p per share. The offer is for the ordinary shares in Colt not already owned by FMR, FIL and certain affiliated parties (together "F
19-Jun-2015 09:48 AM

Biome Technologies wins Asian fibre optic contract

Biome Technologies has announced that its Stanelco RF Technologies division has signed a £1.1m contract with a customer in Asia for the manufacture of a set of fibre optic furnaces for supply during the remainder of this year. The Group's trading u
19-Jun-2015 09:47 AM

Rurelec narrows FY pretax profit

Rurelec (RUR) has booked a FY pretax loss of £2.9m, from a year-ago loss of £36.4m. It also said CEO Peter Earl has resigned and has been replaced by Andrew Morris. It has also separated subsidiary Independent Power Corp (IPC), allowing Rurelec to focus
19-Jun-2015 09:34 AM

New chairman of London Stock Exchange announced

London Stock Exchange Group (LSE) has announced that Donald Brydon has been appointed as its new chairman. Dr Chris Gibson�€�Smith, who has been chairman of the LSE for after 12 years, is stepping down at the end of the month. He said: "I am d
19-Jun-2015 09:21 AM

CloudTag enters partnership arrangement with Adience

CloudTag (CTAG:LN), the company that brings personal monitoring to the health, wellbeing and fitness markets, has entered into a strategic partnership with Adience Solution, a mobile analytics and commerce ecosystem with a continuously growing user base o
19-Jun-2015 09:18 AM

Revenues slightly down at Auhua Clean Energy

Auhua Clean Energy Plc (AIM: ACE) (the "Company"), the environmental technology group, has announced that it closed the year ended 31 December 2014 with revenues of £24.6m and profit before tax of £4.8m. There was a slight fall in revenues la
19-Jun-2015 09:11 AM

Earnings grow at Alpha Real Trust

Alpha Real Trust has reported that its net asset value (NAV) per share at March 31 2015 was 113.2p, up from 107p per share a year earlier. An increased dividend of 0.6p per share, expected to be paid on 17 July, has been declared. David Jeffreys, chairm
19-Jun-2015 09:06 AM

Reduced annual losses at Adamas Finance Asia

Adamas Finance Asia has announced that its consolidated net asset value at 31 December 2014 was $118.9m (31 December 2013: $25.5m). The loss for the year narrowed to $545,000 (2013: $1.7 million). Its chairman, John Croft, commented: "I believe tha
19-Jun-2015 09:02 AM

Market Movers - Top risers and fallers between 08:00 and 09:00

Overall Market Daily Internet 2.13 +6.50% AO World 143.00 +2.91% Globo 56.63 +1.58% Biome Technologies 142.50
19-Jun-2015 09:00 AM

Market Movers - Top risers and fallers at 09:00

FTSE 100 Hikma Pharmaceuticals 2000.50 +5.57% Ashtead Group 1121.50 +1.95% Tesco 213.50 +1.91% 3i Group 525.00 +1.
19-Jun-2015 08:40 AM

Annual revenues rise 8% at Auto Trader

Auto Trader Group, the UK's largest digital automotive marketplace, has announced that for the year ended 29 March 2015 revenue was up 8% to £255.9m (2014: £237.7 million). Operating profit was 35% higher at £133.1m (2014: £98.7m). The company
19-Jun-2015 08:12 AM

Hogg Robinson promote Michele Maher

Hogg Robinson Group (HRG), the international corporate services company, has announced the appointment of Michele Maher as group finance director. After an early career with KPMG and Dell Computers, Ms Maher joined Hogg Robinson in 1995 and has held a s
19-Jun-2015 08:06 AM

Fidelity to make all cash offer for Colt

FMR and FIL (together, "Fidelity") have announced their intention to make an all cash final offer through Lightning Investors to acquire the issued and to be issued share capital of Colt Group not currently owned by Fidelity. Under the terms of
19-Jun-2015 07:59 AM

Daily Internet wins improved contract terms

Daily Internet (AIM: DAIP), the managed hosting and cloud solutions provider, has announced that its wholly owned subsidiary, Netplan Internet Solutions, has entered into a two-year contract renewal with one of the world's largest insurance companies
19-Jun-2015 07:48 AM

New director at Kennedy Ventures

Kennedy Ventures, the owner of a tantalite mine in Namibia, has announced the appointment of Caroline McLeod as a non-executive director. Ms McLeod, a Namibian national and a qualified lawyer who has specialised in labour and mining, has consulted for Sa
19-Jun-2015 07:44 AM

Disposals boost profits at Creightons

Creightons has reported that for the year ended 31 March 2015 the Group's profit attributable to the equity shareholders of the parent company has increased to £851,000 from £471,000 in 2014. This includes a profit of £375,000 on the sale of th
19-Jun-2015 07:44 AM

Marlowe Holdings posts FY net profit

Marlowe Holdings has booked a FY net profit of £29,000, from £15,000 a year earlier. Basic and diluted earnings per ordinary share for the year ended 31 March 2015 amounted to 0.48 pence (2014 - 0.25 pence). Net assets at 31 March 2015 were £3,161,000
19-Jun-2015 07:43 AM

Urals Energy widens FY loss

Urals Energy has widened its FY loss to $13.7m, from a loss of $0.3m. Operational highlights: · Total production at Arcticneft reached 240,865 barrels (2013: 250,426 barrels) · Total production at Petrosakh reached 421,350 barrels (2
19-Jun-2015 07:41 AM

Styles & Wood swings to FY pretax profit

Styles & Wood Group has booked a FY pretax profit of £0.6m, from a year-ago loss of £0.5m. Revenue rose to £97.0m, from £94.0m. Financial Highlights · Gross margin increased to 8.5% (2013: 7.4%) · Operating profit up 50% to £1.8m (2013

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