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Recent News

Monday 13 July, 2015

13-Jul-2015 07:31 AM

Telit Comms sees H1 revenues 13.2% higher

Telit Communications expects H1 revenues will be about $156.2m, an increase of 13.2% over the comparable period last year. Revenues are expected to include $11.1 million (H1 2014: $9.2 million) generated from the Company's IoT Platform as a Service
13-Jul-2015 07:30 AM

Avanti wins South Africa contract

Avanti Communications Group, a leading provider of satellite data communications services, has signed a new contract with South Africa's business chamber, Foundation for African Business and Consumer Services (FABCOS) and its new major business incub
13-Jul-2015 07:28 AM

Haydale collaboration with Versarien

Haydale Graphene Industries and Versarien have signed a memorandum of understanding to collaborate on and accelerate the development of their respective graphene projects. The collaboration commences with immediate effect and provides the framework pur
13-Jul-2015 07:27 AM

Alliance Pharma on track

Alliance Pharma says it continues to perform well and in line with management's expectations, with sales of approximately £22.8m (H1 2014: £21.4m) in the first half of the year. A pre-close update says: "Our growth products continue to deli
13-Jul-2015 07:26 AM

Lakehouse acquires Orchard (Holdings) UK

Lakehouse, the asset and energy support services group, has acquired Orchard (Holdings) UK Ltd for an initial cash consideration of £7.0m. Orchard is a leading UK energy broker and energy management services provider and the acquisition further expand
13-Jul-2015 07:26 AM

Vitesse Media reduces FY loss

Vitesse Media has reduced its FY pretax loss to £28,056, from a loss of £177,508. Revenue was £2.3m, from £2.1m. "Trading for the first four months of the current financial year is broadly in line with budget, although comparatives from year to y
13-Jul-2015 07:25 AM

CIB and L&G to sell stakes in CIL

Commercial International Bank (Egypt) and Legal & General are jointly disposing their stakes in Commercial International Life Insurance Company (CIL) to AXA for EGP763m. With 161,000 employees serving 103 million customers, AXA is considered one of the
13-Jul-2015 07:23 AM

Heathrow's June

Heathrow had its busiest ever June with a record 6.68 million passengers (+1.1% on June 2014) travelling through the airport on 40,626 flights. Heathrow said larger, quieter aircraft continued to be a driver for passenger growth at Heathrow. Seats per ai
13-Jul-2015 07:23 AM

SThree's profit

SThree has improved its H1 pretax profit by 68% to £13.8m, from £8.2m. Revenue was £403.6m, from £341.7m. Interim dividend was 4.7p a share, unchanged. CEO Gary Elden commented: "Overall, the Group produced a pleasing first half performance wi
13-Jul-2015 07:20 AM

BG Group ships first LNG from QCLNG Train 2

BG Group has started up and loaded its first LNG from the second production train at the Queensland Curtis LNG (QCLNG) facility in Australia. The first LNG from Train 2 set sail on the Maran Gas Posidonia. At plateau production, expected mid-2016, bot
13-Jul-2015 07:20 AM

Nostrum O&G makes further approach to Tethys

Nostrum Oil & Gas has made a further approach to Tethys regarding a possible offer for the entire issued share capital of that company. Additionally, Nostrum has indicated that, in connection with the possible offer it is prepared to provide interim fund
13-Jul-2015 07:19 AM

Collagen Solutions pre-tax losses rise

Collagen Solutions reports revenue and other income for the year to the end of March rose to £1,035,500 (2014: £24,023). Administrative expenses (before separately identifiable items) were £1,265,918 (2014: £303,647), which includes the costs of ope
13-Jul-2015 07:17 AM

Artemis Alpha Trust NAV hit by oil price fall

Artemis Alpha Trust's net asset value per ordinary share fell by 0.9% in the year to the end of April. This compares with a 7.5% rise in the FTSE All-Share Index. The company's share price fell by 6.9% in the year. Chairman Duncan Budge said t
13-Jul-2015 07:17 AM

Conviviality pre-tax profits up

Conviviality Retail's group profit before tax and exceptional items increased by 4.4% to £9.7m in the 52 weeks to 26 April despite like for like sales decreasing by 1.7%. Revenue increased 2.4% to £364.1m and EBITDA (excluding exceptional items a
13-Jul-2015 07:01 AM

Clariant director dies

Clariant non-executive director Dominik Koechlin died suddenly and unexpectedly yesterday. Koechlin, who had a PhD in law, had joined the board in 2008. He was president of the compensation committee and member of the audit committee. Chairman Rudolf We
13-Jul-2015 07:00 AM

Economic Events - Month Ahead Events

UK14/07/2015 00:01 BRC Retail Sales Monitor y/y14/07/2015 09:30 HPI y/y | Forecast: 5.90% | Previous: 5.50%14/07/2015 09:30 PPI Input m/m | Forecast: -0.60% | Previous: -0.90%14/07/2015 09:30 CPI y/y | Forecast: 0.10% |
13-Jul-2015 07:00 AM

Economic Events - 7 Days Ahead Events

UK14/07/2015 00:01 BRC Retail Sales Monitor y/y14/07/2015 09:30 CPI y/y | Forecast: 0.10% | Previous: 0.10%14/07/2015 09:30 PPI Input m/m | Forecast: -0.60% | Previous: -0.90%14/07/2015 09:30 PPI Output m/m | Forecast:
13-Jul-2015 07:00 AM

Economic Events - Tomorrow's Events

UK14/07/2015 00:01 BRC Retail Sales Monitor y/y14/07/2015 09:30 HPI y/y | Forecast: 5.90% | Previous: 5.50%14/07/2015 09:30 PPI Output m/m | Forecast: 0.10% | Previous: 0.10%14/07/2015 09:30 Core CPI y/y | Forecast: 0.9
13-Jul-2015 07:00 AM

Economic Events - Today's Events

UK13/07/2015 09:30 BOE Credit Conditions SurveyUS13/07/2015 19:00 Federal Budget Balance | Forecast: 41.2B | Previous: -82.4BJP13/07/2015 00:00 Tertiary Industry Activity m/m | Fore

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