TechMARK movers: BATM military deal
16th Dec 2009 15:16
Telecoms systems and equipment designer BATM Advanced Communications was boosted by the news of a new contract worth $5m in total in 2010 and 2011. There could be additional orders after that BATM will be the sole supplier of its secure, high speed access military communications platform to "a pro
Read moreBroker tips: Admiral, Britvic, SSE
8th Dec 2009 17:31
Morgan Stanley sees Admiral hitting a sweet spot and raised its price target for the car insurer by 6% to 1,344p. The broker reiterates its 'overweight' stance on Admiral, citing the group's improving underwriting margins, its growth as policyholders shop around more and improved profit commission
Read moreLegal & General finance chief invests £670,000
19th Oct 2009 16:00
Legal & General's new chief financial officer Dr Nigel Wilson has bought £670,000 worth of shares less than seven weeks after joining the board of the insurer. Dr Wilson tookup his appointment on 1 September 2009. He did not own any shares at the time. Dr Wilson bought 760,948 shares at 88p each o
Read moreAnother Experian non-exec sells
26th Aug 2009 16:23
David Tyler, a non-executive director of Experian, has sold £525,100 worth of shares in the credit checker. Tyler, who is also the chairman of IT contracting company Logica, sold 100,000 shares at a price of 525.14p each. He is the second non-executive director to sell a large chunk of his holdin
Read moreQuintain's Dwyer buys £50k stake
13th Aug 2009 16:33
Property company Quintain Estates has soared over 1400% from record lows in March, but bosses think the shares have further to go. Tonianne Dwyer, who joined Quintain in 2003 to head the fund management business, has spent £50,000 on 40,000 shares at 125p each. That takes 45-year-old Dwyer's stake
Read moreTechMark movers: BATM rises on results
4th Aug 2009 14:13
Telecoms network BATM Advanced is the biggest riser after shrugging off the downturn to post a 34.3% rise in interim profits as turnover hit a record. Pre-tax profits for the period totalled $13.7m, compared with $10.2m over the same period the previous year, as revenue climbed to $69m from $65.8m.
Read moreSmall caps round-up: Devro, Cashbox, Sportech...
4th Aug 2009 11:30
Devro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter
Read moreTechMARK movers: Ark and BATM gain
17th Jun 2009 14:13
Privately owned global wound care company AOTI is to use Ark Therapeutics' Kerraboot product as part of its Topical Wound Oxygen Therapy (TWO2) for the treatment of chronic wounds. Kerraboot is a boot-like dressing device used in the management of foot and leg ulcers. Ark has granted AOTI exclus
Read moreOrders picking up at BATM
17th Jun 2009 07:34
Telecoms network company BATM Advanced Communications is confident of hitting its targets for this year despite difficult market conditions. The chairman, Peter Sheldon, said last year’s comparative figures for the first half are tough, thanks largely to the boost in business received from the Olym
Read moreWednesday preview: Mothercare, Experian, Britvic
19th May 2009 15:28
Back in the last century Mothercare was an ailing brand, lumbering along as part of Storehouse, the group which also included British Home Stores. Since returning to the stock market as an independent entity the babycare products retailer has transformed itself into a high flyer, with the shares tra
Read moreMichael Page man meets tax demands
14th May 2009 17:20
Charles-Henri Dumon, recruitment group Michael Page's managing director for Continental Europe and The Americas, has sold £6700,000 worth of shares for personal tax and social security liabilities. The liabilities arose on earlier disposals and the vesting of his allocation under the group share pl
Read moreLondon close: Banks hold back Footsie
12th May 2009 16:28
There was no shortage of company news to give Footsie direction but the index ended the day little changed as downbeat banks offset well-received updates. Royal Bank of Scotland, Lloyds Banking Group and Barclayseased after Credit Suisse suggested the margins of UK banks will come under pressure.
Read moreLondon afternoon: Back in the blue
12th May 2009 14:11
In keeping with the day's topsy-turvy theme, the Footsie is back in positive territory, despite the weakness of banks and miners. Royal Bank of Scotland, Lloyds Banking Group and Barclays are all easier after Credit Suisse suggested the margins of UK banks will come under pressure. In the mining
Read moreTechMARK movers: Kofax sees results at lower end
12th May 2009 14:10
Shares in Kofax dropped after the scanning software specialist said full year results for 2009 are expected to come in at the lower end of market expectations after clients delayed decision making in a slow third quarter. Kofax said it experienced longer sales cycles and delays in decision making
Read moreRevenues flat at BATM
12th May 2009 13:53
Telecoms network company BATM Advanced Communications said revenues in the first four months of 2009 were little changed from the corresponding period of 2008. Revenues from the telecom sector were lower in US dollar terms than last year, while the medical division saw a rise in sales, partly as a
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