BATM hooks up with Motorola
16th Nov 2011 15:29
BATM Advanced Communications, the designer and producer of telecom systems and medical laboratory diagnostic systems, has signed an agreement with US mobile communications devices giant Motorola Mobility to provide carrier ethernet equipment. BATM's Telco Systems unit will deliver Motorola branded
Read moreDigital Look broker talk
8th Nov 2011 11:32
Reckitt Benckiser: "However, contrary to common perception, the success of Reckitt Benckiser's business model has had, historically, very little to do with trading the consumer up" but has rather relied on gross margin-accretive acquisitions and a strong focus on cost-saving initiatives" [Nomura].
Read moreLondon close: Stocks slump again
18th Aug 2011 16:40
Volatility returned with a vengeance on Thursday, with the leading share index slumping back towards the lows it hit last week. The day got off to a bad start after a gloomy report on global economic growth from Morgan Stanley and things got worse after some more poor figures from the US. The glob
Read moreLondon midday: More losses amid global worries
18th Aug 2011 12:03
London's leading share index is nursing heavy losses now, with global worries over economic growth continuing to hurt sentiment. Miners are among the worst performers, with Kazakhmys, Vedanta and Rio Tinto deep in the red. FTSE 100 mining giants Anglo American, BHP Billiton and Xstrata also fall d
Read moreSales at BATM rise 17%
18th Aug 2011 10:45
Telecoms equipment firm BATM Advanced Communications has announced strong results for the six months ended 30 June 2011 reflecting a good recovery. The group's revenue was up 16.64% to $64.5m (2010: $55.3m) with gross profit up 17.67% to $23.3m (2010: 19.8m). Chief executive Dr Zvi Marom said: "
Read moreLondon close: Stocks hold on to gains
27th May 2011 16:46
Stocks held on to gains going into a long weekend, as Wall Street opened up higher. After a sharp rise in early trading, the Footsie maintained its level around the 5,930-40 mark for the rest of the day, helped by strong showings from the miners and the banks. Just seven stocks finished in the red.
Read moreSector movers: Vodafone lifts telecoms sector
17th May 2011 16:00
Telecoms giant Vodafone is edging higher on the Footsie, helping gains in the mobile telecommunications sector. Strong growth in the emerging markets and the increasing popularity of smartphones helped Vodafone post higher revenues and profits in the year to 31 March. Meanwhile, the technology har
Read moreSunday tips round-up: Group NBT, BATM Advanced Comm.
8th May 2011 16:43
Group NBT manages domain names for blue-chip clients, as well as internet hosting and corporate protection services. Many of its customers are multi-nationals in the FTSE 100 and FTSE 250. One thing Questor likes about the company is that a substantial amount of the revenues are recurring. Companies
Read moreBATM acquires ethernet firm for $2.5m
21st Apr 2011 15:17
Telecoms equipment firm BATM Advanced Communications has bought Ethernet equipment group ANDA Networks for $2.5m in cash to bolster its 'carrier-class' Ethernet services. "ANDA has built an excellent reputation in a short space of time. Their product suite complements our existing technology and th
Read moreHughes quadruples Restaurant Group stake
17th Mar 2011 16:49
Restaurant Group non-executive Tony Hughes has invested more than £900,000 in the company. Hughes has more than quadrupled his stake in the Garfunkels and Chiquito restaurants operator to 400,000 shares He bought 308,524 shares at 294.74p a share. By buying now Hughes will receive the 7.46p a shar
Read moreSector movers: Insurers shook by earthquake
11th Mar 2011 14:37
The nonlife insurance sector has been hit by worries over the possible effects of the Japan earthquake. Omega Insurance, Amlin and Chaucer are suffering losses of 5% or more. The damage caused by the earthquake and possible after-effects are difficult to assess at this stage. Insurance underwrite
Read moreSector movers: Pace and BATM drag down tech stocks
10th Mar 2011 15:53
Technology hardware and equipment is the worst performing sector, helped lower by Pace and BATM Advanced Communications, who both disappointed investors with 2010 results this week. Shares in telecoms equipment supplier BATM have continued to fall since Monday after it said that pre-tax profits sli
Read moreLondon close: Shares give up gains as Libya worries persist
7th Mar 2011 16:39
Shares closed in the red having spend most of the day in the blue after recovering from a weak start. Once again, the Libya turmoil has been casting a shadow. Oil prices are still an issue. Light crude rose to a 30-month high above $106 on Monday as fighting rages in Libya while reports that the un
Read moreLondon afternoon: Stocks consolidate gains
7th Mar 2011 14:18
Shares came off the top at the beginning of the afternoon before recovering some of their poise toward the end of the lunch time session as futures markets indicated a moderately firm start in store on Wall Street. Oil prices are still an issue. Light crude rose to a 30-month high above $106 on Mon
Read moreTechMARK movers: AstraZeneca drops SkyePharma product
7th Mar 2011 12:04
Shares in drug discovery company SkyePharma have slumped following news that AstraZeneca has decided to stop production of one of its drugs using SkyePharma's drug delivery technology. There were manufacturing problems because of technical aspects of the PULMICORT (budesonide) 100 and 200 µg/dose
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