Sunday tips round-up: HSBC, Smith News, Ashtead

20th Jun 2010 12:12

For those seeking quarterly payments, one company worth buying is HSBC, says the Telegraph's Questor. The dividend yield is not spectacular at the moment - the yield is a touch under 4pc. However, the market expects a strong hike in payments over the next few years as global markets recover. The sh

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Avanti rents out more bandwidth on HYLAS 2

27th Apr 2010 15:12

Broadband satellite operator Avanti Communications has signed a contract with a national government for the sale of an option over specific capacity on its HYLAS 2 satellite. The Hylas 2 satellite serves the Middle East, Africa and Europe. The option is for three years and gives the customer righ

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Avanti expects to exceed expectations

10th Mar 2010 18:34

Satellite operator Avanti Communications says that it is set to comfortably exceed its pre-sales target of 25% of capacity of the HYLAS 1 satellite. HYLAS 1 will be delivered in July and should be ready for launch on a Soyuz rocket in August. This means that it should be in operation in September.

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Small caps round-up: Styles & Wood, Hydrogen, Travelzest...

14th Jan 2010 09:53

Shopfitter Styles & Wood has been kept busy by projects for retailers such as the grocers Waitrose and Morrisons and the banks Barclays and Lloyds TSB and expects profits for the year to December 31 to be in line with expectations. Specialist recruitment group Hydrogen said it is well positioned f

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Friday tips round-up: Cineworld, Hays, Prostrakan

8th Jan 2010 06:38

The idea that cinemas boom during a downturn was proved right in 2009, with the annual box office gross takings in the UK breaking through £1bn for the first time. This has had Britain's largest cinema chains rubbing their hands together in glee, with the only listed group, Cineworld Group, publishi

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London Close: Footsie posts strong gain

21st Dec 2009 16:54

Footsie ended the day almost 2% higher after a strong performance throughout the day. The positive opening of Wall Street gave a further boost later in the afternoon. The Dow has jumped over 100 points helped by optimism that the $800bn plus Health Care Bill could get approved sooner rather than l

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London afternoon: Dow gains lift Footsie

21st Dec 2009 14:47

Footsie is pushing forward following a strong start on Wall St fuelled by weakness in the dollar and related gains for the miners. The Dow has jumped over 80 points helped by optimism that the $800bn plus Health Care Bill could get approved sooner rather than later. Over here, Cairn Energy is sti

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London midday: Oil fired Footsie

21st Dec 2009 12:00

Oil is fuelling the Footsie's rise today, with support from back-in-favour banks. Cairn Energy has secured a drill ship to get an early start on its exploration activities in Greenland. The oil company said drilling in Greenland will start a year ahead of schedule after it came to a deal with Hess

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London open: Blue chips move higher

21st Dec 2009 08:46

Footsie has moved higher following a positive finish for US shares on Friday. Second line oil groups Cairn and Tullow Oil are the best performers following the spike in the crude price on Friday on renewed tension between Iran and Iraq. Banks have also rallied a little after heavy falls last week

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London pre-open: Higher start for FTSE 100

21st Dec 2009 07:32

Footsie is expected to move higher following a positive finish for US shares Friday. London Stock Exchange (LSE) is to acquire Turquoise, the trading platform that was set up by banks in 2008 to challenge LSE's dominance. LSE said it will merge Turquoise with its trading facility Baikal Global to c

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Avanti to raise £86m at 400p

21st Dec 2009 07:09

Satellite operator Avanti Communications is to raise £86m in new equity and has agreed £194m of new borrowings to fund the launch of its second wireless broadband satellite, HYLAS 2. The group's fist satellite, HYLAS 1, is scheduled to launch in the second half of 2010. It will cover Europe, while

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Avanti high after funding top-up

7th Dec 2009 15:18

Broadband satellite operator Avanti Communications has received an extension for its EU-funded traffic surveillance SISTER project. The Satellite communications in Support of Transport on European Roads project, known as SISTER, was set up to investigate the application of satellite services to th

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Small caps round-up: Lees, Pubs 'n' Bars, Parity...

4th Dec 2009 08:14

Scottish cake and sweet maker Lees Foods has reached an 'amicable settlement' with the former directors of Patisserie UK after a dispute over the disappointing performance of the pastry supplier following its acquisition by Lees. Under the terms of the settlement, Lees will receive about £225,000,

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Small caps round-up: CLS, Hardy, Cathay...

18th Nov 2009 13:04

Property investment group CLS Holdings said its underlying profit continues to be resilient, with stable net rental income, high debt collection rates, and tightly controlled costs. 'With significant resources at its disposal the company is well placed to take advantage of investment opportunities

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Government calls on Avanti Communications

9th Nov 2009 08:17

Broadband satellite operator Avanti Communications has won two contracts from the UK government. The first contract has been awarded by the Technology Strategy Board and is a project to investigate technologies that can be integrated with Customer Premises Equipment to support emerging applications

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