UK SMALLCAP ROUNDUP: Sagentia To Beat Market Views
5th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SAGENTIA GROUP PLC (SAG.LN), a technology consultant, said Monday its first-half profit is expected to "substantially" beat market expectations, on the b
Read moreBroker tips: Genus, NCC, T Clarke
5th Jul 2010 13:24
The second half was better than the first at Genus and with currencies also moving in the company's favour KBC Peel Hunt thinks the animal breeding firm is set for a stronger performance in the current fiscal year. "Global agriculture is starting to recover as pricing and demand is improving in a n
Read moreUK SMALLCAP ROUNDUP: AIM Delistings Down 18% In 2Q
5th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps The number of companies leaving London's junior Alternative Investment Market has fallen 18% in the second quarter but delistings still outnumber new lis
Read moreUPDATE:NCC Group FY Pretax Profit Up;Sees FY11 In Line With Views
5th Jul 2010 10:20
(Rewrites, adds CEO interview, analyst comments.) By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Information technology security company NCC Group PLC (NCC.LN) Monday posted an increase in profit and revenue for fiscal 2010, and said it expects revenue to continue to gro
Read moreBroker snap: NCC offers assurance
5th Jul 2010 09:41
House broker Altium Securities has bumped up its price target for IT security assurance group NCC Group after a strong set of preliminary results. "The outlook is very positive, reflected in the increased order book levels and the opportunity for further margin progression," Altium said in a broker
Read moreRecurring revenue key at NCC
5th Jul 2010 08:22
Successful acquisitions provided the icing on the cake last year for software escrow and assurance testing outfit NCC, which saw both organic revenues and profits increase. "Boring old NCC just keeps on growing," was the story headline jokingly suggested by NCC chief executive officer Rob Cotton wh
Read moreNCC Group FY Pretax Profit Rises On Higher Revenue, Raises Div
5th Jul 2010 07:51
LONDON (Dow Jones)--NCC Group PLC (NCC.LN), an information technology security provider, Monday reported a rise in full year pretax profit on revenue which was 15% higher, and raised its dividend. MAIN FACTS: -Group revenue for the year ended May 31 GBP53.7 million (2009: GBP46.8 million)--u
Read moreTechMARK movers: Morse accepts 2e2 bid
26th Apr 2010 15:11
IT services provider Morse has agreed to a 51p a share bid from 2e2. That values Morse at £69.8m. Acceptances totalling 54.1% of Morse have already been received. Private equity-backed 2e2 was formed in 2002 and in the past three years it has bought AIM-quoted Compel and Netstore. The combined a
Read moreLondon afternoon: Insurers left behind
23rd Apr 2010 14:07
The blue-chip index edged higher over the lunch time session but has not yet recouped all of yesterday's losses, and barring a late flourish looks set to end the week lower than it started it. The number of FTSE 100 constituents in the red is in single figures and comprises a large number of insure
Read moreBroker tips: Persimmon, ASOS, NCC
23rd Apr 2010 13:14
Panmure Gordon has reiterated its 'buy' recommendation for Persimmon following the housebuilder's interim management statement earlier this week. "We believe that its aggressive stance on write-downs versus its peers and the prospect of another year of strong cash generation in 2010, leave the busi
Read moreBroker snap: KBC likes NCC acquisition
23rd Apr 2010 08:54
The bolt-on acquisition of SDLC, a provider of software and network testing, looks like a good fit for both the Assurance Testing and Software Escrow divisions of NCC Group in the view of KBC Peel Hunt. The broker has responded to the acquisition by provisionally upgrading its earnings forecast for
Read moreLondon open: Minimal gains posted
23rd Apr 2010 08:28
London's leading shares are showing slight gains as a late recovery on Wall Street boosts investor sentiment. Banks are amongst the early movers with RBS, Barclays and Lloyds all higher, while utilities such as Severnt Trent, National Grid and United Utilities are at the bottom end of the market.
Read moreNCC buys rival for £15m
23rd Apr 2010 07:46
Testing software specialist NCC has bought rival SDLC Solutions Limited for up to £15m in cash. NCC says SDLC will enhance earnings and complement its information security and testing capabilities within its Assurance Division. It will now enable NCC Group to provide a wider range of information
Read moreLondon close: Footsie at 22-month high
15th Apr 2010 17:12
The afternoon saw many leading shares consolidate or extend the morning's gains, solidifying the Footsie's position above 5800. Banks led the advance after better than expected results from US investment bank JP Morgan yesterday. Barclays received a boost from Execution Noble, which raised its targ
Read moreLondon afternoon: Brokers boost banks
15th Apr 2010 14:25
Footsie is keeping its head above 5800, climbing a bit further over the lunch time session despite expectations of a soft start on Wall Street. After better than expected results from US investment bank JP Morgan yesterday investors are keen on UK banks such as Barclays, Royal Bank of Scotland and
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