KCOM confirms 'substantial' government contract
31st Jan 2014 07:54
- 'Substantial' government services contract confirmed - Q3 trading consistent with first half KCOM, the UK communications and IT services firm, confirmed that it has now signed a 'substantial contact' with a government department. The company mentioned in its interim report in November that it h
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
Read moreFTSE 250 movers: BTG makes strong gains after FDA approval
26th Nov 2013 13:30
Healthcare company BTG was in the top spot after revealing it has received approval from the US Food and Drug Administration for its Varithena treatment. Varithena, which previously went under the name of Varisolve, is used to treat varicose veins, which can cause a range of unpleasant and painful s
Read moreLondon midday: Stocks fall as investors await US data
26th Nov 2013 11:28
- Thanksgiving holiday to affect trading volumes - BTG jumps after Varithena approval - De La Rue, Mitchells & Butlers, Britvic gain after results - Glencore Xstrata drops on Las Bambas developments techMARK 2,652.61 +0.05% FTSE 100 6,663.62 -0.46% FTSE 250 15,343.14 +0.28% UK stocks headed slight
Read moreLondon open: Stocks head lower ahead of quiet day
26th Nov 2013 08:31
- Thanksgiving holiday to affect trading volumes - Britvic, De La Rue, Mitchells & Butlers gain after results - Severn Trent delivers flat first half techMARK 2,647.48 -0.15% FTSE 100 6,682.98 -0.17% FTSE 250 15,321.35 +0.14% UK markets opened slightly lower on Tuesday morning as investors showed
Read moreTuesday broker round-up UPDATE
26th Nov 2013 08:18
BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener
Read moreInvestment drive eats into KCOM profit
26th Nov 2013 08:07
- Interim profit hurt by increased investment - Expects revenue to be hit by up to 5m pounds in regulatory changes - Confident in long-term prospects Hull-based telecoms group KCOM posted a 5.4 per cent decline in first-half profit, as it pumped money into its infrastructure and broadband fibre dep
Read moreSector movers: Telecoms rise as BT hits record high
16th Oct 2013 14:26
The fixed line telecommunications sector was the top performing category in London on Wednesday with gains from heavyweight firm BT Group providing a boost. BT was trading at an all-time high of 360.3p by 15:15 today, up 1.66% on the day, after Goldman Sachs upgraded its rating on the stock to 'con
Read moreLondon pre-open: FTSE to dive as US leaders reach stalemate over budget
30th Sep 2013 07:29
City sources predict the FTSE 100 will open around 70 points lower than Friday's close of 6,512.66, after US leaders hit a stalemate over budget negotiations in Washington. Politicians have so far failed to agree a new spending bill and have only until midnight tonight to make a decision over an e
Read moreKCOM's first half in line with expectations
30th Sep 2013 07:11
KCOM Group, the communications solutions provider, said that it performed in line with expectations during the first half ended September 30th. In a brief trading update on Monday, KCOM's Executive Chairman Bill Halbert said that the group continues to make progress towards achieving its long-term
Read moreSector movers: Telecoms jump as Vodafone-Verizon talks resume
29th Aug 2013 15:46
Telecoms were the best performers of the day on Thursday as a surge in the price of sector giant Vodafone provided a boost. Vodafone, one of the largest listed companies in London, saw shares rise 8.5% to 205.3p before the close of trade after confirming that it is back in talks with partner Verizo
Read moreTwo KCOM execs reduce stakes
6th Aug 2013 16:08
Kevin Walsh, the Executive Director at telecoms and internet communications provider KCOM has reduced his holding in the FTSE 250 group by a million shares. The company announced on Tuesday that the sale was made on August 2nd, a week after a short trading update from the firm which said that tradi
Read moreLondon midday: FTSE 100 up one per cent as sentiment improves
26th Jun 2013 11:21
Strong US data out yesterday, improving consumer confidence in Germany and measures by the Chinese central bank to ease a credit squeeze, all combined to give markets a boost on Wednesday with London's FTSE 100 jumping one per cent by midday. Nevertheless, mining stocks were under pressure in morni
Read moreLondon open: Stocks rise after German data and Chinese central-bank action
26th Jun 2013 08:51
UK stocks opened with moderate gains on Wednesday morning as markets continued to claw back from their recent sell-off, with data from Germany and central-bank action in China providing some support early on. While Germany continues to trudge through the Eurozone recession, consumer confidence is
Read moreLondon close: Markets surge as US data eases 'tapering' fears
7th Jun 2013 17:23
An in-line increase in US non-farm payrolls sparked an impressive surge on equity markets worldwide on Friday afternoon, as worries about the Federal Reserve scaling back its stimulus measures eased, for now at least. London's FTSE 100 finished up 76 points on the day (+1.2%) at 6,412. Nevertheless
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