Media Corp: Purple Lounge 2-Month Revenue Tops GBP10M >MDC.LN
14th Jun 2010 07:53
LONDON (Dow Jones)--Media Corporation PLC (MDC.LN), an AIM quoted media and online gaming Group, said Monday profitable growth at Purple Lounge Ltd--its wholly owned online poker and casino business--has continued with revenues soaring to over GBP10 million in the first two months of the second half
Read moreLondon close: Good gains for FTSE 100
18th Jan 2010 16:33
Footsie finished the day in the blue despite a sharp reversal in the fortunes of International Power, which earlier had soared on speculation of a takeover by French power giant GDF Suez. Shares in the energy company slid from their earlier highs after it admitted it held talks with GDF Suez about
Read moreLondon afternoon: Stocks keep climbing
18th Jan 2010 14:49
Ongoing bid speculation, stronger retailers and buoyant miners have pushed London above 5,500. International Power is top of the pile on press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over the truth of the s
Read moreLondon midday: Good morning for blue chips
18th Jan 2010 12:20
London's leading share index has enjoyed a good morning on hopes of a bid for International Power and a higher offer for Cadbury. IP is up nearly 5% after press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over
Read moreLondon open: M&A rumours in focus
18th Jan 2010 08:19
London's blue chips have made a good start to the new week, with International Power leading the way on takeover rumours. International Power is up more than 5% after press reports that French power giant GDF Suez has made a takeover approach to the group. Cadbury is also among this morning's rise
Read moreMedia Corporation returns to Q1 profit
18th Jan 2010 07:24
Shares in Media Corporation flew off the shelf after it posted a return to profit in the first quarter of 2010 following a 'material shift in the group's fortunes'. The group reported a profit before tax of £0.370m during the quarter compared with a loss of £0.453m the same quarter in 2009. Revenue
Read moreShell non-exec takes first stake
9th Nov 2009 15:59
Hans Wijers, a non-executive director at the Anglo-Dutch oil giant Shell, has spent just less than £90,000 on a stake in the firm. He took 5,000 shares at €19.96 (1,789.81p), which represents his sole holding in the group. Shares in Shell have rallied strongly since earlier in the year, when they
Read moreLondon close: Oil fired Footsie
19th Oct 2009 17:10
Boosted by a bright start on Wall Street equities finished the day with a flourish in London with the FTSE 100 index close to racking up a triple digit gain. Energy stocks saw some late interest as the price of oil moved higher. At midday in New York the price of the most widely traded oil futures
Read moreLondon afternoon: Shares consolidate gains
19th Oct 2009 14:39
After racing off to a fast start leading equities have largely consolidated the gains made in the first hour of trading. Property stocks are among the best performers after a positive note on the sector from Evolution Securities, which has upped its ratings for British Land, Liberty International
Read moreLondon midday: More gains for Footsie
19th Oct 2009 12:14
Mining and property stocks have sparked another strong morning for the FTSE 100 index. Miners Fresnillo, Kazakhmys, Vedanta, Anglo American, Xstrata and Antofagasta are leading the way. Property stocks are lifted by a positive note on the sector from Evolution Securities, which has upped its rat
Read moreMedia Corporation surges as Google lifts restrictions
19th Oct 2009 08:25
Shares in Media Corporation shot up after it said that internet search giant Google had removed penalties imposed on two of the online advertising and publishing group's websites that reduced their rankings in search results. The penalties were imposed on www.gambling.com and www.creditcardexpert.c
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