FDM shares rise as interim revenue surges
29th Jul 2015 15:22
(ShareCast News) - Shares in FDM jumped over 5% on Wednesday, after the information technology services provider reported a rise in first half revenue. The London-listed group posted a 32% increase year-on-year in revenue to £74.6m, driven higher by sharp hike in revenue in its consultant 'Mounties'
Read moreWednesday broker round-up UPDATE
30th Jul 2014 09:50
Antofagasta: Westhouse Securities downgrades from add to neutral with a target price of 885p. Investec places its target price (prev.: 690p) under review, while keeping its sell recommendation. Aureus Mining: FinnCap lowers target price from 66p to 62p maintaining a buy recommendation. British Ame
Read moreCar registrations fall to lowest in 17 months
4th Nov 2010 14:00
Car registrations fell over a fifth in October, the steepest decline since May 2009. Registrations fell by 22.2% in the month to 131,495 units compared with last year's 168,942, according to the Society of Motor Manufacturers and Traders (SMMT), Last October experienced a boost from the government
Read moreFord beats expectations
26th Oct 2010 15:22
Car maker Ford has reported higher than expected third quarter profit and strong cash generation. The sharp improvement in profit came from the North American automobile operations, a higher contribution from financial services business Ford Credit and the lack of a loss from Volvo. The European ve
Read moreSmall caps round-up: Innovation, FDM Group, MCB Finance...
18th Aug 2009 10:57
Property and insurance software group Innovation dropped despite saying that full-year pre-tax profit is expected to be within the range of market forecasts. 'Despite reduced claims volumes, customer retention has been good and the pipeline remains strong. Recently announced wins help underpin rev
Read moreLondon close: Rio bombshell pulls back Footsie
4th Jun 2009 17:03
Rio Tinto dominated late trading as its deal with Chinese giant Chinalco looked all but dead in the water as the mining giant confirmed it is considering its options. A rights issue to raise up to $15bn could be announced as soon as tomorrow according to reports in Australia. Rio shares slumped by
Read moreLondon afternoon: Rio dives on Chinalco rumours
4th Jun 2009 14:27
Disappointment with the Bank of England's decision not to expand its quantitative easing programme prompted a downturn in the market, wiping out the morning's gains. London's blue-chip index is also struggling with the burden of a weak mining sector, which has moved further into the red after rumou
Read moreLondon open: Stocks post slim gains
4th Jun 2009 08:22
London's top stocks are posting slight gains in early deals ahead of the Bank of England's interest rate decision later today with supermarkets doing well. Wm Morrison made a good start to the new trading year, with sales growth well ahead of the sector norm. Like for like sales improved by 8.2%, o
Read moreFDM gets 120p share management offer
4th Jun 2009 08:05
IT services business FDM Group said it is currently in discussions with its management team, which may lead to an offer at 120p per share in cash. The management team comprises of all the senior directors including non-executive chairman Ivan Martin, chief executive Rod Flavell and chief financial
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