Tuesday broker round-up UPDATE
20th Nov 2012 07:17
Beowulf Mining: Seymour Pierce initiates coverage with a buy recommendation and a target price of 18p. Berkeley Group: JP Morgan raises target price from 1616p to 1620p, overweight rating kept. Blinkx: Citigroup downgrades from buy to neutral. Compass Group: Investec raises target price from 740p
Read moreSoftware Radio Technology navigates choppy waters - UPDATE
15th Oct 2012 10:28
Software Radio Technology has said that revenues and profits for the first six months are ahead of 'internal budget expectations'. The company, which makes marine identifier technology, said that for the six months ending September 30th 2012 it expects to report revenues of £3.5m and pre-tax profit
Read moreSmall caps round-up: SimiGon, Software Radio, Silvermere
22nd Aug 2012 11:24
Simulation training provider, SimiGon, has won a major contract with the armed forces of an unnamed South American country. The firm's "SIMbox" platform will be used by its local partner, a newly formed government-owned company, to develop training and simulation solutions for the military. SimiGon'
Read moreASOS Product Director sells stake in firm
16th Jul 2012 15:52
Robert Bready, the Product Director of online fashion store ASOS, has sold all his ordinary shares in the firm, less than a week after the company unveiled a strong first quarter. Bready, who begun his career at the High Street fashion River Island, pocketed himself £2.6m after trading in 143,125 s
Read moreSoftware Radio meets reduced expectations
11th Jun 2012 07:43
Software Radio Technology (SRT), the developer and provider of maritime identification and tracking technologies and products, topped heavily reduced expectations with its full year results. Having issued a profit warning in March in which it said full year revenue would be around £6m and profit be
Read moreSmall caps round-up: Quadrise, Software Radio, Motive Television ...
8th Jun 2012 11:36
Quadrise Fuels International, an emulsion fuels supplier, has admitted that during its first sea-borne assessment on a Mærsk container ship it was not possible to fully optimise engine performance, as the test configuration afforded limited scope for relevant 'in service' adjustments, but that the r
Read moreSmall caps round-up: Sirius Real Estate, Real Estate Credit, Motive
13th Apr 2012 08:32
Property firm Sirius Real Estate traded in line with management's expectations in the financial year just ended. Rental income is expected to have increased to €45.2m from €43.6m (after excluding €1.9m of surrender premiums) the year before, driven primarily by higher average rate per square metre o
Read moreSoftware Radio in supply agreement with Tansas Navigator
22nd Mar 2012 13:55
Shares in Software Radio Technology, recently flattened by a profits warning, perked up after the the developer and supplier of maritime automatic identification systems (AISs) announced a supply agreement with Russian firm Transas Navigator for class A AIS devices. The devices are worth $1.25m a
Read moreSmall caps round-up: Scancell, Keller, Goldenport...
9th Mar 2012 08:14
Scancell Holdings, a developer of therapeutic cancer vaccines, has announced that its protein ImmunoBody vaccine patent has been approved in the US. The patent, which has already been approved in Europe and Australia, will further strengthen Scancell's IP position around its proprietary ImmunoBody v
Read moreSoftware Radio on crest of a wave
21st Jun 2011 13:29
Software Radio Technology (SRT) moved close to a 52-week high after a good reception to full-year results. The developer of advanced radio communications technologies had a "year of financial transformation" which saw it navigate into calmer waters. Profit before tax in the year to 31 March was £1
Read moreWednesday tips round-up: Xstrata, Antofagasta, Tasty
13th Apr 2011 06:31
Glencore, the Swiss commodities trader which doubles up as miner Xstrata's single largest shareholder. In recent years, many a dull Friday on the stock market has been enlivened by rumours of Glencore looking to go the whole hog and attempting to merge with Xstrata. The possibility is tantalising, h
Read morePearson's Penguin boss picks up £2.2m
8th Apr 2011 16:24
John Makinson, a director at the publisher Pearson and chairman and chief executive of its book publishing arm Penguin, has pocketed £2.2m from the sale of shares in the company. He sold 200,000 Pearson shares at 1,106p a time leaving him with 402,815 shares. Makinson was finance director of Pears
Read moreSoftware Radio to outperform
1st Apr 2011 07:04
Software Radio Technology, the developer and supplier of maritime identification and tracking technologies, is set to top market expectations with its full year results after seeing strong demand for its products. The company said pre-tax profit for the year to 31 March should be around £2m, versus
Read moreBG finance director cashes in some chips
25th Mar 2011 18:26
BG has been a star performer among the giant oil and gas companies, thanks to its stake in the huge oil finds being made offshore Brazil and its finance director has decided to take profits on his stake in the company. Barely a week goes by without any new discovery in the Santos basin, with BG's
Read moreSector movers: HSBC drags banks lower
28th Feb 2011 14:33
The banking sector is lower on the day HSBC released its 2010 full-year results. Shares in the global banking giant are 6% down Monday afternoon following its decision to cut its return on equity target after analysing the likely effects of new banking regulations. Pre-tax profits increased by 169
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