London open: Deals keep blue chips ahead
17th Jan 2011 08:37
London has opened moderately firmer, with potential M&A deals outweighing a weak start for the miners. BP has opened higher after the oil giant announced a controversial landmark deal with Rosneft, the Russian state oil company. As well as confirming the tie-up with Rosneft, BP said it has been aw
Read moreLondon pre-open: All eyes on BP
17th Jan 2011 07:35
Attention is focused on BP this morning after the oil giant announced a controversial landmark deal with Rosneft, the Russian state oil company. The market overall is tipped to open moderately firmer, with the blue-chip index seen opening around 10 points up from Friday's close. As well as confirm
Read moreSDL to beat forecasts
17th Jan 2011 07:09
Document and patent translation specialist SDL expects both revenue and profits for the year just ended to come in ahead of market forecasts. Revenue for 2010 is expected to be in the range of £202.5m to £203.5m (2009: £171.9m) compared with analyst consensus expectations of £191.1m. Underlying
Read moreSmall cap round-up: Nighthawk, Renold, Scapa...
14th Oct 2010 11:51
US-focused oil and gas group Nighthawk has secured a £25m equity finance facility "to continue the development of the company's asset base." Chain-maker Renold has continued to see strong sales. "The strengthening order book gives good confidence for the third quarter," it said. "While visibil
Read moreSDL revamps language technologies division
6th Oct 2010 08:34
Alan Sloan, chief executive officer of information management firm SDL's Language Technologies unit is leaving the company, after losing out in the battle for the top job in a revamp of the division. SDL said that the Language Weaver language translation businesses it acquired in July will be merg
Read moreLancaster's £4.05m SDL share sale
3rd Sep 2010 16:34
SDL International's chairman and chief executive has sold more than one-half of his stake in the content localisation technology company. Mark Lancaster sold 750,000 shares at 540p a share. This raised £4.05m. Lancaster says that he sold the shares in order to finance the purchase of a property. H
Read moreTechMARK movers: SDL boss sells shares to buy property
3rd Sep 2010 15:27
Shares in SDL International have fallen back following the sale of shares by its chairman and chief executive. Mark Lancaster sold 750,000 shares at 540p a share. That was more than one-half of his stake and raised £4.05m. Lancaster says that he sold the shares in order to finance the purchase of
Read moreSDL confident moving into H2
3rd Aug 2010 07:51
Strong demand from its global customers lifted half year results at Maidenhead based translation software specialist SDL. The group, whose customers include ABN-Amro, Hewlett-Packard and Canon, said for the six months ended 30 June 2010 adjusted pre-tax profit rose to £16.3m from £14.5m the year be
Read moreSdl Plc Completion Of Acquisition
26th Jul 2010 12:46
TIDMSDL RNS Number : 9285P SDL PLC 26 July 2010 ? SDL PLC Completion of Acquisition Maidenhead, United Kingdom - 26th July 2010 - SDL, the leading provider of Global Information Management solutions, is pleased to confirm the compl
Read moreMARKET TALK: Altium Downgrades SDL To Hold From Buy
26th Jul 2010 10:43
0943 GMT [Dow Jones] Altium Securities downgrades SDL (SDL.LN) to hold from buy following the stock's 24% outperformance over the last three months. Remains convinced of the medium-term attractions of the market, but in the absence of further upgrades believes the stock is fairly valued. "One note o
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 10:43
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0943 GMT [Dow Jones] Altium Securities downgrades SDL (SDL.LN) to hold from buy following the stock's 24% outperformance over
Read moreLondon close: Footsie slips after US slide
15th Jul 2010 16:37
Company news was generally well received today, but the leading share index took a downward turn after a poor opening on Wall Street. Mining stocks were out of favour as metals prices slipped. ENRC and Rio Tinto were among the strugglers. Global information services company Experian went well afte
Read moreUK SMALLCAP ROUNDUP: SDL Buys Translation Software Firm
15th 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 SDL PLC (SDL.LN), a translation services company, said it agreed to buy an automatic translation software company for $42.5 million, in a deal that will
Read moreSector movers: Software news impresses market
15th Jul 2010 15:25
Software & computer services stocks have been busy updating the market and have been well received overall. Dimension Data's shares have soared after Nippon Telegraph and Telephone (NTT) agreed to buy the South African IT for £2.12bn in cash. The Japanese telecommunications giant will finance the a
Read moreUPDATE:SDL Buys Automatic Translation Software Firm For $42.5M
15th Jul 2010 15:19
(Adds detail, analyst comment) By Tommy Stubbington and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Translation services company SDL PLC (SDL.LN) Thursday said it agreed to buy an automatic translation software company for $42.5 million, in a deal that will allow its custo
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