Sector movers: Vodafone sinks mobile telecoms as AT&T rules out bid
27th Jan 2014 15:30
The news that AT&T has ruled out a takeover bid for Vodafone sparked a big drop in the UK group's share price on Monday, sending the mobile telecommunications sector to the bottom of the pile. At the request of the UK Takeover Panel, US telecoms giant AT&T released a statement quashing recent media
Read moreSector movers: Inmarsat, Vodafone lift mobile telecoms higher
9th Dec 2013 13:50
Mobile telecommunications stocks were on the rise on Monday as the share price of satellite operator Inmarsat jumped after the successful launch of its first Global Xpress (GX) satellite. The company confirmed that the Inmarsat-5 F1 satellite, which was launched from the Baikonur Cosmodrome in Kaza
Read moreMobile Streams unable to pay divi due to Argentina restrictions
2nd Oct 2013 14:59
Rapid growth in Argentina has led to apps and games retailer Mobile Steams more than doubling revenues in the year to June although it cannot use this cash for the rest of the business. Pre-tax profits tripled to £4.8m on revenues that jumped 145% to £53.9m thanks to significant international expa
Read moreIG Group CEO sells 5.1m-pound stake
25th Jul 2013 15:57
Tim Howkins, the Chief Executive Officer of spread-betting firm IG Group, sold over five million pounds-worth of shares in the company this week, just one day after the firm unveiled record annual profits. Howkins, who joined IG as Finance Director back in 1999, disposed of a total of 903,103 share
Read moreSector movers: M&A activity lifts telecoms higher
17th Jun 2013 15:42
Strong gains for Vodafone were lifting the mobile telecommunications category higher on Monday afternoon as news of M&A activity across the sector boosted share prices. Shares in the Eurozone's largest telecoms group, Telefonica, rose in Madrid today after it was rumoured that US titan AT&T made an
Read moreMobile Streams enjoys Q3 sales deluge
14th May 2013 09:31
Mobile app retailer Mobile Streams saw sales swell 190 per cent in the third quarter thanks to growth in Latin America and Australia. The AIM-listed company enjoyed mobile internet revenues to £13.5m in the three months to March 31st, up 255% compared to the same period in 2012, with gross profit
Read moreSector movers: Vodafone and BT lift telecoms higher
25th Apr 2013 14:25
Telecoms stocks were in demand on Thursday with Vodafone on the rise on renewed M&A speculation and BT gaining on reports that it is seeking a new mobile-phone partner. Shares in Vodafone were up 1.8% at 196.6p in afternoon trade after Reuters said last night that joint-venture partner Verizon Comm
Read moreSector movers: Vodafone lifts telecoms higher on Verizon speculation
6th Mar 2013 16:00
The mobile telecommunications sector was making decent gains on Wednesday as bid rumours surrounding heavyweight phone network firm Vodafone sparked a sharp rise in the share price. Speculation that a deal with American part-owner Verizon (VZ) is near at hand escalated yesterday after Bloomberg rep
Read moreSector movers: Vodafone lifts mobile telecom sector higher
7th Feb 2013 14:24
Gains from Vodafone ensured that the mobile telecommunications sector was in the top spot on Thursday, with the company impressing with its third-quarter results. The FTSE 100 telecoms company said organic revenues fell 1.8% to £11.38bn year-on-year for the quarter, experiencing the biggest decline
Read moreMobile Streams posts significant increase in revenues
31st Jan 2013 13:41
Mobile Streams on Thursday posted a 173 per cent increase in revenues for the last half of 2012. The provider of mobile content - including apps, games and eBooks - generated revenues of £23m, compared to £8.4m for the same period a year ago. Earnings before interest, taxes, depreciation, and amor
Read moreSmall caps round-up: Motive TV, Eruma, Acta...
18th Jul 2012 11:14
Streaming audiovisual content specialist Motive Television has entered into a memorandum of understanding with Siyaya Free to Air for the use of Motive's Anytime Anywhere technology in a new pay television service for the South African market. If Siyaya's application for a pay television frequency i
Read moreSmall caps round-up: Cosalt, Westminster, Mobile Streams
1st May 2012 09:55
Trading in the shares of Cosalt, the cash-strapped Lincolnshire based company which provides life jackets and safety harnesses for the oil and gas industry, has been suspended as it has missed the deadline for publishing its annual results for 2011. At the moment the group is preoccupied with talks
Read moreSmall caps round-up:Sweett, Creon, Quindell, Colliers, Pinnacle ...
24th Jan 2012 08:09
Sweett Group, an international property and construction consultancy, has entered into a pre-paid option agreement for the conditional disposal by its subsidiary company Cyril Sweett Investments of its 19% interest in the equity of E4i Holdings and loan notes in its subsidiary company, E4i Schools L
Read moreMobile Streams hits one million customers in Argentina
10th Jan 2012 10:29
Mobile Streams, the mobile content provider with a strong footing in Latin America, has jumped 33% this morning on news of sales in Argentina. The company says it has attracted one million "active" Argentinian customers. "Active" is defined as a customer who has paid to use one of the company's mob
Read moreSector movers: Morgan Crucible boosts electrical stocks
10th May 2011 15:53
Strong gains for Morgan Crucible have helped the electronic and electrical equipment sector higher on Tuesday. The industrial carbon and ceramic products manufacturer posted a better than expected performance in the first four months of the year and is confident of being modestly ahead of expectati
Read more