Kofax director earns over a million shares
28th Jun 2012 16:22
William Comfort, a Non-Executive Director of Kofax, a provider of capture driven process automation solutions, has received over a million shares in the company in exchange for the redemption of his interest in Conversion Capital Master. Comfort received a consideration of just over 1.1m shares, va
Read moreSmall cap round-up: Thomas Cook, Endace, Baltic Oil Terminals
22nd May 2012 09:02
Thomas Cook, the struggling package tour operator, has sold its 77% stake in Thomas Cook India to a subsidiary of the financial services firm Fairfax Financial Holdings. The sales will net Thomas Cook around £94m and is equivalent to 50 rupees per share, which the firm said was a premium of 11% to t
Read moreBaltic Oil shares plummet
15th Dec 2011 14:31
Shares in Baltic Oil Terminals dived 35% on the same day the group resumed AIM trading following the release of its interim report which showed a decline in earnings per share (EPS). EPS for the six months ended June 30 fell from 4.87p to 2.82p, despite a slight increase in profit before tax from
Read moreSmall caps round-up: Geong, Orosur Mining, XG Technology...
2nd Dec 2010 10:29
Chinese software and internet solutions provider Geong reported a 28% slump in turnover for the six months ended 30 September to £4.7m, though profits rose 17% to £0.7m. Chief executive Wang Weidong called it a "satisfactory" set of interim results and said the company expects full-year numbers to
Read moreBaltic Oil in equity swap with Swedish oil company
8th Nov 2010 10:36
Baltic Oil Terminals is performing an equity swap with Swedish oil exploration and production company Shelton Petroleum. The UK-listed oil terminals owner is to issue 14.96m shares to Shelton and in return will receive 54m new B shares in Shelton. Effectively, each stake being transferred is value
Read moreBaltic Oil Terminals Well Positioned For 2H
29th Jun 2010 07:23
LONDON (Dow Jones)-- Baltic Oil Terminals PLC (BTC.LN), said Tuesday that trading conditions in Kaliningrad remain favorable, which has allowed the Rosbunker terminal to operate at consistently high levels of capacity, and said it was well positioned for the second half of the year. MAIN FACTS:
Read moreCapacity usage high at Baltic Oil
29th Jun 2010 07:02
Oil products terminals owner Baltic Oil Terminals said it is in good shape for the second half of 2010 as it is performing better than it expected as it markets recover from the Russian crisis. Trading conditions in Kaliningrad remain favourable, which has allowed the company's Rosbunker terminal t
Read moreLondon close: Footsie keeps lead
26th Apr 2010 16:34
Stocks built on Friday's gains as investors piled into miners and high street banks, although the leading index finished toward the bottom of the session's range. An increase in metal prices proved attractive, with Chile-focused copper giant Antofagasta the pick of the bunch. Kazakhmys was also wa
Read moreLondon afternoon: RBS shakes off 'sell' note
26th Apr 2010 14:11
The Footsie moved sideways over the lunch time session, with the blue chip index remaining buoyed by the strength of miners and banks. Kazakhmys is wanted after it sold a 49% stake in its copper project Aktogay to Chinese company Jinchuan Group for $120m. Kazakhmys said the estimated development c
Read moreSmall caps round up: Churchill Mining, Synergy Health, Nautical Petroleum
26th Apr 2010 12:31
Shares in Churchill Mining ticked up after the Indonesian-focused coal miner said it had signed a memorandum of understanding for the supply of coal to a subsidiary of the Indonesian state electricity firm Perusahaan Listrik Negara (PLN). It will supply up to 5m tonnes a year, 'significantly incre
Read moreLondon close: Gains pared at the close
17th Mar 2010 16:48
London's gains were trimmed just before the close as traders took a few profits before heading off to celebrate St. Patrick's Day. Nevertheless, it was the highest close for the Footsie since the middle of 2008. Mining stocks led the advance, despite conflicting views in the broking community on th
Read moreLondon afternoon: Brokers in miners disagreement
17th Mar 2010 14:29
A firm opening by Wall Street gave UK shares an additional fillip over the lunchtime trading session. Miners are leading the advance, despite conflicting views in the broking community on their merits. Societe Generale is in the bearish camp, cutting sector giants BHP Billiton and Rio Tinto from 'b
Read moreLondon midday: Arriva bid lifts mood
17th Mar 2010 12:02
London is now handily higher, with the strength of transport groups and miners cancelling out the subdued performance of ex-dividend stocks such as HSBC, Standard Life and Thomas Cook. The main point of interest is confirmation from bus and rail group Arriva that it has had an unsolicited bid appr
Read moreBaltic Oil Terminals settles dispute
17th Mar 2010 08:37
Shares in Baltic Oil Terminals gushed ahead after the company, which operates terminals at the Russian port of Baltysk in the Kaliningrad territory, said it had settled a dispute with former director Vladimir Gavrilov, reducing the company's liabilities by $1.4m. Baltic announced last June that a c
Read moreBright start for Baltic JV
26th Jan 2010 14:17
The joint venture between oil product terminal owner Baltic Oil Terminals and Swiss refined oil products trader Exoy Holding has got off to a slick start, with the first month of operations ahead of expectations. As part of the deal that saw Exoy buy a 51% stake in Baltic's trading subsidiary Balt
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