London close: Strong start to final quarter
1st Oct 2010 16:41
The last quarter of 2010 started well for London's leading share index, with buoyancy in the oil sector helping to offset continuing economic worries at home and abroad. Manufacturing data was subdued. Footsie gave up some of its early gains after figures from the US showed Manufacturing grew at th
Read moreLondon afternoon: Footsie back above 5600
1st Oct 2010 14:56
The afternoon session has seen the Footsie advance confidently, almost regaining its high for the day which was hit shortly after 10:00am. A solid start by Wall Street on the back of better than expected spending data has helped sentiment this side of the pond. Oil giant BP is higher amid speculat
Read moreIomart outlook far from cloudy
1st Oct 2010 13:19
Shares in Iomart, a provider of data management, email and IT security services, rose sharply after it said interim results should beat expectations as clients seek to embrace new IT solutions. The company has continued to win contracts to deliver cloud computer services, where clients can access s
Read moreCommunisis chairman buys
26th Feb 2010 16:49
Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreSmall caps round-up: MDM Engineering, Panther Securities, Stratex, ...
1st Sep 2009 08:32
MDM Engineering, the minerals process and project management group that provides services to the mining industry in Africa, has been awarded a contract to undertake a scoping study for Rand Uranium. The scoping study will explore the economic viability of reprocessing medium grade gold and uranium
Read moreIomart acquisition boosts data centre capacity
12th May 2009 14:10
Web site hosting company Iomart Group has acquired competitor RapidSwitch for £5.25m in cash. RapidSwitch currently manages more than 4,000 servers on behalf of 1,600 clients. It had revenues of £2.6m in the year to end-March 2008, up from £1.48m the year before, and expects a similar level of grow
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