TechMARK movers: Parity halves profit expectations
4th Dec 2009 13:32
IT services provider Parity shocked the market when it said that 2009 profits will be £300,000 lower than expected. Parity also said that it is not changing its expectations for 2010. Arbuthnot was expecting profits of £650 in 2009 so the outcome will be little more than one-half that figure. Pa
Read moreSmall caps round-up: Lees, Pubs 'n' Bars, Parity...
4th Dec 2009 08:14
Scottish cake and sweet maker Lees Foods has reached an 'amicable settlement' with the former directors of Patisserie UK after a dispute over the disappointing performance of the pastry supplier following its acquisition by Lees. Under the terms of the settlement, Lees will receive about £225,000,
Read moreSmall caps round-up: Europa Oil, Rugby Estates IT, Dunedin Enterprise...
13th Nov 2009 14:52
Europa Oil & Gas is up after starting drilling at the Hykeham-1 exploration well on the PEDL150 licence near Lincoln in the East Midlands. The well is testing the potential for up to 20 million barrels of oil in place in two target horizons. Target depth of just over 1,000m is expected to be reache
Read moreSmall caps round-up: Turbo Power, Cryptologic, Greystar...
13th Nov 2009 08:20
Turbo Power Systems narrowed its net loss for the third quarter to £0.34m from £1.85m in 2008 and posted an EBITDA profit of £0.11m versus a loss of £152m a year ago. The designer and manufacturer of power solutions said production and development income for the quarter rose to £2.1m from £1.8m. "
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