Sunday share tips: UK banks, MXC Capital
10th May 2015 16:02
Investors who piled into bank shares after the election results became known may have jumped the gun. True, the risk of a less disciplined approach to economic management by Labour has been eliminated. Continued economic recovery should loan losses continue to fall. Likewise, the risk of a costly ex
Read moreCastleton shares tumble as first-half profits drop
31st Dec 2014 08:11
Castleton Technology's share price plunged on Wednesday after the software company reported a sharp drop in first-half profits as the business continues to transform following a demerger last year. The firm, formed from the separation of Redstone, is now focused on the public and not-for-profit sect
Read moreCastleton Technology sells Maxima Information
1st Sep 2014 09:31
Castleton Technology has signed a deal to sell Maxima Information Group (MIG) for £752,000 as part of its restructuring process. Of the consideration, £300,000 will be paid immediately, while a further £300,000 is due by 30 September and the remaining £152,000 is due by the end of March next year,
Read moreCastleton Technology names new finance director
5th Feb 2014 08:07
Castleton Technology, the computer services group formerly known as Redstone, has announced the appointment of Spencer Dredge as its new Finance Director. Peter Hallet, his predecessor, will step down from the company´s board with immediate effect as announced last June. The newly appointed Financ
Read moreSector movers: AVEVA, Coms, Castleton lift software stocks higher
8th Jan 2014 15:43
The software and computer services sector was trading higher on Wednesday with engineering software firm AVEVA lifting the category after an upgrade by UBS. Shares in the FTSE 250 firm were up 7.2% at 2,276p before the close of trade after analysts at the Swiss bank raised their rating from 'neutra
Read moreCastleton Tech seeking 'new opportunities' after transformational year
31st Dec 2013 10:23
Castleton Technology, the AIM-listed software and consultancy firm formerly known as Redstone, said it is now set to seek 'new opportunities' in the technology sector after a transformational first half for the company. During the six months to September 30th, the firm demerged from its network-bas
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