KCom Group Sees 3 Month Trading In Line With Company Views
16th Jul 2010 07:16
LONDON (Dow Jones)--KCom Group PLC (KCOM.LN), a U.K. telecommunications provider, said Friday trading for the three months to June 30 has been in line with company expectations. MAIN FACTS: -Consultation on proposals to close KCOM's two defined benefit pension schemes to future accrual whils
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25th May 2010 15:40
Hull-based telecoms services provider KCOM is bucking the trend in the market today. The share price rise comes after a sharp fall earlier this month. Figures for the year to March 2010 were broadly in line with expectations but the net debt figure was better than expected. Underlying pre-tax profi
Read moreLondon afternoon Markets in full-scale retreat
25th May 2010 14:35
Shares are in full-scale retreat around the World with the Dow over 250 points lower soon after the opening bell. London is lower by a similar amount in percentage terms, as concerns over a possible bail-out of Spain and growing military tensions between North and South Korea. Moves by Spanish reg
Read moreBroker tips: Telecom Plus, KCOM, Entertainment One
25th May 2010 13:08
Multi-utility supplier Telecom Plus's full year profits were down but the figures were not as bad as expected according to KBC Peel Hunt, which has raised its target price for the stock. "Reported profits were impacted by the normalisation of energy margins, which masked the strong underlying growt
Read moreBroker snap: KCOM needs a catalyst
25th May 2010 12:48
Hull-based telecoms group KCOM is a long time favourite of FinnCap and the broker is back in buying mode following the company's preliminary results on Tuesday, which were in line with expectations. "On the positive side, net debt was £117m, ahead of our expectation of £137m, and the FY [full year]
Read moreLondon midday: Prices bottom out
25th May 2010 12:02
The FTSE 100 dived below the 5,000 level in the first few minutes of trading and at one point in the morning session dipped briefly below 4,900 but prices have now stabilised. Though it is scant consolation, London is not alone in shifting violently into reverse gear, as increasing fears about a p
Read moreLondon open: Footsie hammered down through 5,000
25th May 2010 08:40
Shares have taken a pasting in early dealings as worries over the European debt situation continue to plague markets around the world. US and Asia markets tumbled overnight and London has followed them down with no risers on Footsie at present. The best blue chip performer is Severn Trent at minus
Read moreKCOM FY adjusted profit surges 64%
25th May 2010 08:35
Hull-based telecoms group KCOM reported a 64.2% surge in annual adjusted profit as it reduced costs and increased its full year dividend by 25%. The group posted an adjusted pre-tax profit of £29.4m for the year ended 31 March 2010 compared with £17.9m the same time a year ago. Pre-tax profit rose
Read moreTechMARK movers: KCOM continues rise
1st Feb 2010 15:13
Shares in telecoms services provider KCOM Group continue to rise following last Friday's contract win and trading statement. Hull-based KCOM has signed a five year contract with Phones4U to consolidate all the mobile phone retailer's telecoms services into a single source. Profit before tax and e
Read moreLondon close: Strong finish for FTSE 100
29th Jan 2010 16:38
Footsie gave up a recent weak spell to finish the week with good gains. Whitbread was the star performer. Following an investor day yesterday, Barclays Capital raised its price target on the Costa Coffee and Premier Inn owner to 1,700p from 1,600p. The broker thinks Whitbread will benefit from new
Read moreLondon midday: RBS unit sued for $8bn
29th Jan 2010 12:10
After a mid-morning dip blue-chips are on the rise again, though it is not the sort of advance that is likely to change investors' view that January was a month to forget. For once, the miners are not moving in lock step with each other. Sector giants Rio Tinto and BHP Billiton are firmer, while go
Read moreLondon open: Footsie tries to break losing streak
29th Jan 2010 08:48
London's blue chips have kicked on this morning despite the bad night for tech stocks on Wall Street. Huge numbers from Microsoft after the US market closed did restore some calm, while a rally by the miners has helped Footsie reverse its recent losing trend. Rio Tinto and Randgold lead the way. A
Read moreLondon pre-open: Small gains expected
29th Jan 2010 07:34
London's blue chips look set to open slightly higher after slumping near the close yesterday mirroring heavy falls in the US. Traders expect Footsie to open around 12 points higher on Friday morning. BP has appointed the former chief executive of mining giant BHP Billiton to the oil company's boar
Read moreKCOM bags Phones4U deal
29th Jan 2010 07:28
Hull-based telecoms group KCOM has signed a five year contract with Phones4U to consolidate all the mobile phones retailer's telecoms services into a single source. The agreement includes the provision of a new wide area network for data for all the stores, internet access, leased lines, inbound
Read moreTechMARK movers: BATM military deal
16th Dec 2009 15:16
Telecoms systems and equipment designer BATM Advanced Communications was boosted by the news of a new contract worth $5m in total in 2010 and 2011. There could be additional orders after that BATM will be the sole supplier of its secure, high speed access military communications platform to "a pro
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