KBC Advanced Tech bids farewell to listing
8th Apr 2016 11:31
(ShareCast News) - KBC Advanced Technologies bid farewell to its listed status on Friday, as its board confirmed the cancellation of its shares from trading on AIM. On Thursday, it announced that the proposed takeover offer from Yokogawa Electric Corporation had received court approval and was going
Read moreCourt approves Yokogawa takeover of KBC Advanced Technology
7th Apr 2016 12:22
(ShareCast News) - English consulting and software firm KBC Advanced Technology was being gobbled up by Yokogawa Electric Corporation on Thursday, with confirmation the previously-announced takeover deal had been given the green light. The boards of both AIM-traded KBC and Yokogawa Electric announce
Read moreKBC Advanced Tech wins multi-million dollar contract with Russian refiner
15th Sep 2015 08:13
(ShareCast News) - KBC Advanced Technologies has been awarded a multi-million dollar reliability and maintenance contract from an unnamed Russian refining company. KBC, which is a consultancy and software provider to the hydrocarbon industry, said this was the largest contract it has even won in the
Read moreKBC Advanced Technologies' maiden results in line despite difficult energy sector market conditions
24th Jul 2015 14:50
(ShareCast News) - KBC Advanced Technologies said its first half of the year performed in line with expectations thanks to order backlog. Despite difficult energy sector market conditions, the consultancy and software provider remains confident with the rest of the year. KBC said its order backlog
Read moreDirector deals: BATS chairman Burrows moves in for more shares
2nd Jan 2015 14:43
Although shares in British American Tobacco in late November hit an all-time high, the chairman of the company has delved into his savings for a major share purchase. Richard Burrows, who has been chairman since 2009 after a long career in the drinks business, including as chief executive of Pernod
Read moreSector movers: Oil services bear the brunt of OPEC decision as outlook sours
28th Nov 2014 14:03
Oil-related stocks were continuing to feel the impact from a recent plunge in crude prices on Friday, though companies in the energy-services sector were bearing the brunt of the selling pressure. The Organization of Petroleum Exporting Countries (OPEC) decided on Thursday not to scale back their pr
Read moreSector movers: Petrofac leads oil services higher as crude prices rebound
17th Oct 2014 14:00
A continued rebound in crude prices on Friday saw firms in the oil services sector rise after the price of the commodity collapsed over the past few weeks. Fears about an oversupply of oil saw West Texas Intermediate (WTI) crude drop below $80 a barrel this week, while Brent futures sank to four-yea
Read moreSector movers: Kentz takeover sparks oil services stocks
23rd Jun 2014 13:50
The oil equipment, services and distribution sector was rising strongly today, helped by a soaring share price of engineer Kentz after a £1.2bn cash offer from Canadian rival SNC-Lavalin. Kentz, which provides engineering and construction services to clients in the energy and resources sectors, saw
Read moreKBC Advanced Technologies partners up with Flaretot
19th Feb 2014 16:03
KBC Advanced Technologies, which provides consulting and software solutions to the hydrocarbon processing industry, has signed a deal with Flaretot's flare simulation modelling technology. The agreement enables KBC to offer Flaretot's software bundled with Petro-SIM 5 as a KBC supported solution t
Read moreSector movers: Ex-div AMEC drags oil services lower amid M&A speculation
27th Nov 2013 15:40
Heavy falls from engineering firm AMEC were weighing on the oil equipment and services sector on Wednesday after the stock went ex-dividend. New investors from today will no long qualify for AMEC's latest dividend, which usually leads to an automatic drop in price by the amount of the expected payo
Read moreKBC Advanced Technologies unveils drop in annual profits
26th Mar 2013 14:02
KBC Advanced Technologies, a consultancy and software provider to the hydrocarbon sector, reported a fall in annual profits as a result of reorganisation costs. The company posted pre-tax profit of £3.7m for 2012, down from £4.9m the prior year, as the group underwent a significant year of change
Read moreKBC Advanced Technologies expects strong annual results
24th Jan 2013 14:21
KBC Advanced Technologies advanced over six per cent Thursday after the consultancy and software company forecast strong annual results. The group expects a cash balance above £9.0m for the year to December 31st, exceeding market expectations. Net cash at the year-end was pegged at £1.0m. The last
Read moreKBC Advanced Technologies secures 100m-dollar contract
19th Dec 2012 08:40
KBC Advanced Technologies has signed a new contract with Ecuador's integrated state national oil company EP Petroecuador for the supply of a Best Practices Plan for the Technical and Operating Sector of the Esmeraldas Refinery in Ecuador over a period of four years. The programme of support aims t
Read moreKBC announces departure of CEO
5th Oct 2012 14:43
Software firm KBC Advanced Technologies has announced that its Chief Executive Officer, George Bright, has resigned with immediate effect, but will remain with the business until the end of the month to assist with a smooth handover. Current Chairman Ian Godden will take over the leadership of the
Read moreRegenersis CFO buys stake as firm unveils strong results
26th Sep 2012 15:56
Jog Dhody, the Chief Financial Officer of Regenersis, a consumer electronics repair specialist, bought a stake in the firm on Tuesday, opening his account on the same day it posted a 24 per cent rise in operating profits. Dhogy, who joined the board in March of this year, purchased 155,987 shares
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