London open: Greece deal boosts Footsie
12th Apr 2010 08:25
London's top stocks have made a good start to the new week on news that euro zone finance ministers have approved a €30bn emergency aid package for debt-stricken Greece. Under the terms of the deal, Greece would receive the potential aid via a three-year loan with an interest rate of around 5%, wel
Read moreE2V sees revenues fall
12th Apr 2010 07:31
Electrical component maker E2V, which is going through a restructuring process, said full-year revenue was around 14% below last year's reported levels. Revenue for the year ended 31 March was around £201m, though adjusted operating profit is expected to be ahead of current market expectations. Th
Read moreTechMARK movers: Verizon talks down Vodafone merger
6th Apr 2010 15:01
Vodafone Group is on the slide after Verizon Communications chief executive Ivan Seidenberg said he could see little compelling reason for the two companies to merge. Verizon and Vodafone's US joint venture Verizon Wireless is one of the major US mobile telecoms businesses. Verizon owns a controll
Read moreSmall caps round-up: Theo Fennell, Anglesey Mining, Tanfield...
1st Apr 2010 14:11
Upmarket jeweller Theo Fennell has raised £1.5m through a placing of 3.95m new shares at 38p. Fenell's largest institutional shareholders are supporting this fundraising alongside chief executive Barbara Snoad, chairman Rupert Hambro, and non-exec Roger Pedder, who together subscribed for a total o
Read moreTechMARK movers: Director buying at e2v
8th Mar 2010 14:58
Shares in electronic components supplier e2v Technologies perked up following last Friday's announcement that its chairman had increased his stake in the company. This comes at a time when e2v has been hit by industrial strife at its Grenoble facility. It anticipates that this will reduce turnover
Read morePersimmon's Jonathan Davie lays foundations
5th Mar 2010 16:23
Persimmon non-executive Jonathan Davie started building a stake in the housebuilder with the purchase of £42,000 in shares. Davie, who was appointed to the board on January 1, bought 10,000 shares at 419.9p a time. His purchase comes soon after the company said it completed 8,976 house sales last
Read moreTechMARK movers: Industrial unrest knocks e2v revenues
1st Mar 2010 14:39
Electronic components supplier e2v has been hit by serious industrial strife at its Grenoble facility, which is materially restricting output. It anticipates that this will reduce turnover by c£7m in the current quarter. That will significantly reduce group profitability. This is happening in the m
Read moreSmall caps round-up: Beowulf, E2V, Mobile Doctors...
1st Mar 2010 11:04
Beowulf, owner of several exploration projects in Sweden, continues to believe in the commercial prospects for its asset portfolio which has increased in both quantity and quality as well as resource type. Losses grew to £520,000 in 2009 from £399,000 the year before, but it says future price tren
Read moreSmall caps round-up: Ceramic Fuel, Cosalt, e2v, ...
2nd Feb 2010 11:12
Alternative energy firm Ceramic Fuel Cells has won an order for its BlueGen power and heating unit from Kiwa Gas Technology in fthe Netherlands for delivery in the second quarter of 2010. The company also welcomed the government's unveiling of its feed-in tariffs for small scale low carbon electric
Read moreSmall caps round-up: MobilityOne, Delta, Playtech...
8th Dec 2009 08:52
Shares in MobilityOne jumped after the electronic payments group said it had raised £365,000 through a placing 'for general capital purposes.' Shares in Baltic Oil Terminals, which has port operations for the shipment of oil in the Russian territory of Kaliningrad, jumped after it said had agreed t
Read moreTechMARK movers: e2v's ex-rights rise
23rd Nov 2009 15:16
Shares in e2v Technologies rose after they went ex-rights this morning. The electronics components manufacturer is raising £34m from a seven-for-nine rights issue at 28p a share. It is also raising £22m from a placing at 70p a share and has renegotiated its banking facilities. The rights issue pri
Read moreTechMARK movers: e2v clarifies Aberforth's intentions
6th Nov 2009 14:37
Electronic components manufacturer e2v Technologies has been forced to clarify a statement in its fundraising prospectus. That knocked the e2v share price. The company is raising £22m from a firm placing at 70p a share and a further £34m from a seven-for-nine rights issue at 28p a share - a 60% di
Read moreTechMark movers: e2v restructures balance sheet
29th Oct 2009 15:04
Electronic components manufacturer e2V Technologies has launched a £56m fund raising at the same time as reporting sharply lower underlying interim profits. The improved balance sheet offset worries about trading and the share price, which has been in decline in recent days, started to recover. De
Read moreSmall caps round-up: e2v, Namakwa Diamonds, Instore ...
29th Oct 2009 10:52
Electrical component maker e2v technologies posted a sharp fall in revenues in the six months to September 30 but managed to stay profitable by cutting costs in areas such as marketing and travel. Pre-tax profits fell to £2.6m from £3.1m over the same period the previous year as revenues slid to £9
Read moreTechMARK movers: E2V in line
9th Oct 2009 13:11
Electrical component maker E2V is now slightly higher after falling back early on after it updated the market on current trading. The group said trading has continued in line with management expectations reflecting lower demand, the impact of which has been partially offset by cost reductions, par
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