OMG partners with Vizrt for virtual studio solution
22nd Feb 2016 15:35
(ShareCast News) - Television producers were set to have a new virtual studio solution available on Monday, with the announcement that the Vicon division of Oxford Metrics Group (OMG) was forming a strategic partnership with Vizrt. The AIM-traded technology group said the partnership would integrate
Read moreOMG says full year will be in line after good second half
29th Oct 2015 11:46
(ShareCast News) - Technology group OMG said it expects its full-year revenue and adjusted profit to be in line with market forecasts, as it reported good second-half trading at its Vicon image technology arm and Yotta infrastructure management unit. The company, which provides image understanding p
Read moreOMG's Yotta inks 5-year deal with Australian road authority
24th Sep 2015 09:38
(ShareCast News) - Technology group OMG said its infrastructure arm, Yotta, has signed a five-year software and service agreement with Australian traffic authority VicRoads. OMG said Yotta Australia, the authorised distributor of Horizons software for Australia and New Zealand, has signed an agre
Read moreOMG posts higher full-year losses but successful sale of US division brings hope
9th Jun 2015 11:26
Computer vision products group OMG saw its full-year losses widen but remains confident with its performance for the year ahead after selling its US image software business. The company sold 2d3, a motion imagery software company based in California, for £16.8m during the period, which will reduce v
Read moreThursday broker round-up
28th May 2015 09:44
Direct Line: JP Morgan upgrades to overweight. Admiral: JP Morgan reiterates underweight. TUI: JP Morgan stays at overweight with 1,275p target. RSA: JP Morgan ups target to 451p from 433p, keeps at neutral. SAGA: JP Morgan raises target to 207p from 185p but remains at neutral. De La Rue: JP MOrg
Read moreFriday broker round-up
15th May 2015 15:12
SAB Miller: Berenberg reiterates buy and 3,920 price target. IMI: Nomura reiterates reduce stance, lowers target to 1,115p from 1,175p. ITV: Barclays downgrades to equal-weight with 260p target. HSBC: Berenberg reiterates buy and lowers target to 750p from 790p. Hiscox: Canaccord Genuity reiterat
Read moreMonday broker round-up
23rd Mar 2015 13:51
RBS: Nomura reiterates buy and lowers target to 350p from 370p. WPP: Westhouse Securities reiterates add lifts target to 1732p from 1577p. HSBC: Nomura reiterates neutral and shaves target to 590p. StanChart: JP Morgan upgrades to overweight. Citi reiterates buy and lifts target to 1300p from 1250
Read moreOMG completes sale of House of Moves subsidiary
16th Oct 2014 12:11
Technology group OMG has sold its House of Moves (HOM) subsidiary, a service-based motion capture business, for £0.8m. The company will receive £0.3m as an initial payment, with the remainder to be received in installments over a four-year periods. The move came after OMG decided that HOM no longer
Read moreFTSE 100 movers: Miners slide as Astra gains on bid speculation
21st Aug 2014 18:01
Mining stocks led the downside after metals consumer China disappointed with its manufacturing data and metal prices fell. Fresnillo, Randgold Resources, Anglo American, Rio Tinto and BHP Billiton all fell into the red. BHP was still under pressure in the aftermath of Tuesday's underwhelming plans
Read moreLondon close: Astrazeneca leads FTSE higher on bid speculation
21st Aug 2014 17:42
- Healthcare stocks lift FTSE - German PMI data drives sentiment - Investors look ahead to Draghi speech - UK retail sales disappoint techMARK 2,819.77 +0.82% FTSE 100 6,777.66 +0.33% FTSE 250 15,838.57 +0.57% London's blue chips ended Thursday's session on a positive note, led by Astrazeneca. Inc
Read moreOMG's security divison secures second contract with UK MOD
9th Jul 2014 11:12
Energy group OMG has strengthened its streaming data intelligence after signing a second contract with the UK Ministry of Defence (MoD). The partnership is between OMG's defence and security division, 2d3 Sensing, and the MoD's Defence Science and Technology Laboratory Centre for Defence Enterpris
Read moreLosses widen at tech firm OMG
4th Jun 2014 07:57
- Half-year losses widen - Eyes more heavily weighted second-half - Confident of meeting full-year targets AIM-listed technology firm OMG said half-year losses widened but, as it enters its busier second half, it remains confident of meeting current expectations for the year. The motion capture sp
Read moreOMG lands contract win with Telford Council
30th Apr 2014 16:18
AIM-listed technology OMG has won a contract with Telford and Wrekin Council, which includes surveys, professional services and software. The deal will contribute approximately £0.2m to group revenue over the life of the contract, with the software and professional services contracts running over
Read moreFriday tips round-up: Ophir Energy, Insurance sector
21st Mar 2014 07:18
Ophir Energy's remaining 20 per cent Tanzania stake is being valued at half of what the other 20 per cent was hived off for towards the end of last year. In fact, it is owed and should soon receive 1.25bn dollars from Pavilion Energy for the stake which it acquired. That comes on top of another 667m
Read moreOMG in multiple project win with UK MOD
19th Mar 2014 09:38
Technology group OMG on Wednesday unveiled details of multiple projects it is carrying out for the UK Ministry of Defence's (MOD) Defence Science and Technology Laboratory (DSTL). The five projects, which have a total value of close to £0.35m, are being carried out by its defence and security busi
Read more