Sector movers: M&A continues to boost telecoms in wake of Vodafone-Verizon deal
4th Sep 2013 14:19
Telecom equities were the best performers of the day on Wednesday as M&A speculation continues to boost stocks in the wake of one of the biggest corporate deals in history between Vodafone and Verizon. The UK mobile-phone giant announced on Monday that it had reached an agreement with its US partne
Read moreComs eyes takeover of Pinnacle Technology
3rd Sep 2013 14:58
Shares in AIM-listed business services firm Pinnacle Technology rose sharply on Tuesday after Coms said it was thinking about a possible offer for the company. Coms, which is focused on hosted business phone systems, said it is "considering a possible corporate transaction with Pinnacle that could
Read moreComs unveils double acquisition of data network assets
12th Jun 2013 11:25
AIM-listed voice telecommunications provider Coms has acquired two sets of telecoms and IT hardware used in providing data networks. The company said that it had purchased one set of assets from the company's Chief Executive Officer, Dave Breith, for a price of £200,000. In addition it acquired
Read moreComs secures multiple contracts within retail division
14th May 2013 13:13
AIM-listed voice telecommunications provider Coms has secured a number of new contracts over the past week within its retail division. The group said that they were recurring annual service driven contracts with no associated cost of sales. The combined gross profit of the contracts is £50,000 pe
Read moreComs soars on broadband contract win
26th Apr 2013 09:45
AIM-listed voice telecommunications provider Coms has signed a contract to sell broadband and lines to an outsourcing company with turnover in excess of two billion pounds. The company said that for reasons of confidentiality, it could not provide further detail on the contract or the client compa
Read moreXP Power Chairman sells 120,000 shares after results disappoint
26th Feb 2013 16:28
The Chairman of XP Power, Larry Tracey, sold 120,000 shares in the group on Monday, disposing of them for 1,080p a time. The transaction earned the director just short of £1.3m and reduced his stake to 1.28m shares. On Monday the group posted a 9.0% decline in revenue for the year ended December
Read moreARM CCO shaves 200,000 shares off stake
13th Feb 2013 16:09
Mike Inglis, the Chief Commercial Officer of ARM since March last year, this week traded in 200,000 shares in the semiconductor and software design company. Inglis sold 186,703 of the shares at 921p for a total of just under £1.72m, while the remaining 13,297 were disposed of at 917p for £0.12m.
Read moreSmall caps: Coms, Earthport, Porta Communications
6th Jul 2012 08:46
Earthport, a cross-border payments company, has announced a go-live with Yandex.Money, an e-wallet service in Russia and the CIS, to offer wider international payment options to their customers, meaning the latter's e-wallet holders will be able to access to a new range of international payment serv
Read moreSmall caps round-up: Westminster Group, Angle, Asterand
30th Apr 2012 08:47
Defence technology firm Westminster Group said its investment in a West African airport was looking promising and that an initial aggregate $150m revenue forecast could be achieved by the contract's eight year break point rather than the full contract term of 15 years. "Should that be the case, the
Read moreLondon close: record gold price = scared investors
18th Jul 2011 16:03
Stock markets fell across the board today as concerns persist over European and US sovereign debt. Friday's European banking stress tests were seen as something of a damp squib by markets after they failed to adequately analyse the impact sovereign debt default would have on the Continent's banks.
Read moreLondon midday: Stress test results cast shadow
18th Jul 2011 12:15
Stocks are firmly in the red after Friday's European Banking stress tests. Eight European banks failed stress tests drawn up by the European Banking Authority (EBA). Five Spanish banks - Catalunya Caixa, Pastor, Unnim, Caja3 and CAM - and two from Greece - ATEbank and EFG Eurobank - were deemed not
Read moreComs: It's good to talk on the iPad
18th Jul 2011 11:46
Shares in Coms, which provides internet telephony services, rocketed 60% after it announced the launch of its new service for Apple iPad users. The firm's VoIP (Voice over IP) telephone service enables iPad users to make and receive telephone calls over their internet connection. Apple has so far
Read moreComs thrives in tough climate
5th Oct 2010 12:50
Coms, which provides internet telephony services to businesses and other organisations, narrowed losses in the half year to 31 July as revenues jumped and cost cutting measures took effect. It posted a pre-tax loss of £219,000 for the period, against a £360,000 deficit in the same period the previo
Read moreComs FY10 Loss Narrows BY 44%
30th Jul 2010 15:01
LONDON (Dow Jones)-- Coms PLC (COMS.LN), a provider of internet telephony services to business customers, said Friday pretax loss for fiscal 2010 narrowed by 44%, and added that it aims to move into profitability in the near term. MAIN FACTS: -Revenue for the year ended Jan. 31 GBP3.3 millio
Read moreSmall caps round-up: Tough times at Individual Restaurant
28th Jul 2010 11:37
Shares in Individual Restaurant fell sharply after the owner of the high-end Piccolino and Bar & Grill chains said extreme weather early in the year and the football World Cup will cost the company about £600,000 in pre-tax profits in the current year. Vending machine group SnackTime saw pre-tax pr
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