HydroDec directors add 4.36m shares, stock value jumps
10th Jun 2014 15:52
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday. The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier. T
Read moreFriday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
Read moreFTSE 250 movers: Imagination extends gains on MediaTek chip news
5th Jun 2014 14:11
Chip designer Imagination Technologies, saw shares jump around 10% today, extending gains made yesterday after it was reported that its MIPS technology had been included in a new security camera chip by MediaTek, one of rival ARM's biggest customers. The stock has now gained 14% in the last two days
Read moreInmarsat and British Airways to launch European in-flight internet
5th Jun 2014 07:28
- Inmarsat to launch satellite dedicated to in-flight internet - British Airways poised to be first customer - Cut-price satellite launch agreed for end-2016 Satellite operator Inmarsat has announced plans to provide the first Europe-wide in-flight broadband internet service, with the launch of a
Read moreInmarsat expects delay in satellite launch
16th May 2014 15:51
Inmarsat said it expects a delay of the launch of Inmarsat-5 F2 and F3 satellites after a failed lift-off on Thursday. A Proton launch vehicle failed shortly after lift-off, resulting in the loss of its satellite payload. The company is now assessing the cause of the failure which Inmarsat believe
Read moreInmarsat hails strong first quarter trading
7th May 2014 07:31
- Q1 earnings up almost seven per cent - Strong performance across the group - On track to launch two further satellites in 2014 Satellite operator Inmarsat said adjusted core earnings at its main business rose 6.8 per cent in the first quarter as it makes a strong start to the year. The group,
Read moreInmarsat quashes fears over satellite delays in Russia
29th Apr 2014 13:03
The share price of FTSE 250-listed Inmarsat was volatile on Tuesday on concerns that some commercial satellite launches were at risk of being cancelled because of the new sanctions against Russia. The group has planned a launch of its Global Xpress satellite - the world's first worldwide Ka-band mo
Read moreInmarsat maps out payment plan from LightSquared
4th Apr 2014 15:55
Inmarsat said it has received the payment of five million dollars from LightSquared as part of an agreement to restart the second phase of their contract. The FTSE 250-listed provider of global mobile satellite communications services explained that quarterly payments for phase two are due by the
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read moreInmarsat optimistic as mobile media momentum lifts results
6th Mar 2014 07:56
- Revenues down 2.2 per cent - EBITDA flat, EPS down 6.6 per cent - Revenue growth aim of 8-12 per cent reiterated Satellite communications group Inmarsat dispelled concerns and held earnings steady in 2013 as growth at its mobile media satellite (MSS) arm counterbalanced weaker contribution from i
Read moreSector movers: Vodafone cash return lifts mobile telecoms higher
21st Feb 2014 15:18
Speculation surrounding the cash windfall for Vodafone shareholders gave the mobile telecoms sector a boost on Friday, as the firm's sale of its stake in Verizon Wireless will prompt the largest capital return in corporate history. According to analysts at Bank of America Merrill Lynch, the transac
Read moreInmarsat appoints new CFO
21st Feb 2014 09:40
Inmarsat, which provides mobile satellite communication services, has announced the appointment of Tony Bates as Chief Financial Officer (CFO). Bates, former CFO of hibu, will join the company on June 2nd. Prior to hibu, he was Chief Operating Officer of Colt Group S.A., a pan-European business te
Read moreSector movers: Mobile telecoms, healthcare stocks rise as results impress
6th Feb 2014 14:02
The mobile telecoms and healthcare categories were putting in decent performances on Thursday in London after results from sector heavyweights Vodafone and Smith & Nephew impressed. Vodafone gained 2.4% in afternoon trade after revenues declined by a less-than-expected 3.6% in the third quarter to
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
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