Cohort wins £60m in contracts
13th Apr 2010 07:56
Defence and security technical services firm Cohort has won new contracts worth more than £60m in the UK defence sector. Its specialist systems division MASS has won a contract worth more than £50m to continue work that has been undertaken with the Ministry of Defence (MoD)since 2000, including IT
Read moreLondon close: Weak finish as banks retreat
18th Mar 2010 16:35
London closed in the red after a mixed opening on Wall Street as banks and miners ran into profit taking. Among the big caps, GlaxoSmithKline was the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top
Read moreLondon afternoon: Back to square one
18th Mar 2010 15:19
A mixed opening on Wall Street has provided no guidance for a similarly rudderless London market. Among the big caps, GlaxoSmithKline is the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top selling
Read moreLondon midday: Second liners hog the limelight
18th Mar 2010 11:54
While the FTSE 100 is becalmed most of the action is taking place in the FTSE 250 today, where a mixed bag of announcements has prompted varied share price reactions. Electronic components distributor Premier Farnell powered ahead after reporting full year sales and underlying profits for fiscal 20
Read moreCohort empties can of worms at subsidiary
18th Mar 2010 09:29
Defence and security technical services firm Cohort said the investigation into the income overstatement at its Systems Consultant Services (SCS) subsidiary last year had confirmed the size of the error at £1.85m. The board of Cohort is satisfied that there was no deliberate attempt on the part of
Read moreSmall cap round-up: Caretech, Cohort, Eckoh...
9th Dec 2009 15:06
Specialised care home operator Caretech's revenue grew by 23% to £83.4m (2008: £67.7m) while profit before tax rose by 45% to £15.3m (2008: £10.5m). The dividend for the year rises by 25% to 4.7p. "The pressures on public spending are well documented and will inevitably result in local authorities
Read moreFriday tips round-up: Costain, Diageo, Menzies
26th Jun 2009 06:44
Costain shares are pricey and each time the contractor puts out one of its impressive updates, the share price increases by a little less than last time. The truth is that everyone expects Costain to keep churning out the good results and the stock has become stymied. The Independent, though, argue
Read moreCohort raises divi after record year
25th Jun 2009 09:20
Defence and security firm Cohort has ramped up full-year profit by 16% and revenue by over a third, allowing it to hike the final dividend by 20%. Pre-tax profit for the year ended 30 April 2009 rose to £6.5m from £5.6m in 2008 on revenue up 38% to £78.6m as all the firm's businesses enjoyed a reco
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