STM shares plunge on profit warning
21st Dec 2011 12:29
STM Group, which provides financial sevices to the rich and famous, has issued a profit warning after economic conditions made clients cut back on its products. Revenue for the second half of 2011 is expected to be below management's expectations, prompting a big sell off of its shares, which pushe
Read moreSTM prepares fireworks for 2011
8th Mar 2011 12:58
STM, the cross-border financial services firm, more than doubled profits in 2010, in line with expectations, and "two little fireworks" could make 2011 a winning year. The company, which helps individuals and businesses with tax, legal, trust and pensions needs, made £1.5m before tax and after exch
Read moreLondon close: Lower close as rally falters
15th Sep 2010 16:35
Footsie closed a few points in the red Wednesday as a rally brought about by an improvement on Wall Street lost momentum. The US had a weak start following poorly-received manufacturing figures but sentiment recovered as trading progressed. Here, BP was lower in line with weaker oil prices, with t
Read moreLondon afternoon: Retailers provide some cheer
15th Sep 2010 14:29
Resource stocks remain a weight around Footsie's neck and have been joined over the lunch time session by banks, which are lower as the market ponders the implications of the Basel III banking guidelines. BP is lower in line with weaker oil prices, with the oil giant suffering more than its peers
Read moreSTM profits take off
15th Sep 2010 13:04
STM, the cross-border financial services firm, hopes today's surge in half-year profits following a reorganisation and programme of cost-cuts has brought its terrible run of form to an end. The company, which helps individuals and businesses with tax, legal, trust and pensions needs, bumped up pre-
Read moreSmall caps: Colliers, Digital Barriers, Mount...
30th Jul 2010 12:23
Estate agent Collier International's first half revenues were up 12% on last year, with the UK 15% ahead. Market conditions remain challenging, but there has been some improvement in transaction volumes leading to a strong end to the period, Colliers added. Chief Executive David Izett also wants
Read moreSTM Sees 1H Turnover At GBP4.65M Vs GBP4.13M
30th Jul 2010 07:30
LONDON (Dow Jones)--STM Group PLC (STM.LN), a cross border financial services provider, said Friday that turnover for the first half of 2010 is expected to be materially up on the same period last year at GBP4.65 million compared with GBP4.13 million. MAIN FACTS: -Integration of Zenith Trust
Read moreSTM starts recovery as clients return
9th Mar 2010 13:55
Cross-border financial services firm STM had a "frustrating and challenging" 2009, but profitability increased significantly in the second half. "This trend is expected to continue into 2010, as the management decisions and costs savings that took place in the latter part of 2009 take effect in 201
Read moreSt. Modwen seeing value in certain acquisitions
30th Sep 2009 07:44
St. Modwen Properties said it is beginning to see value in certain acquisition opportunities but has not yet found 'compelling reasons' to use a 'material amount' of its newly-raised funds. "We are beginning to see signs of recovery in the residential land market, with bids received, or contracts e
Read moreSTM explains profit slump
8th Sep 2009 08:46
Cross-border financial services firm STM has blamed underperformance at its Jersey office and insurance division for a slump in profits during the first half of 2009. Profit before tax for the six months ended 30 June tumbled to £180,000 from £1.43m a year ago on revenue down to £4.13m from £4.26m.
Read moreSmall caps round-up: Cybit, Netplay, BlueStar SecuTech...
13th Jul 2009 08:53
Cybit, which provides vehicle and maritime tracking systems, has had its contract with Fowler Welch, part of Dart Group plc, extended for another five years. The firm will deploy Fleetstar Online across the Fowler Welch trailer fleet as part of a contract valued at about £1m in revenues, to be reco
Read moreSmall caps round-up: Timestrip, Amerisur Resources, Alizyme...
6th Jul 2009 10:11
Time and temperature measurement technology group Timestrip has appointed Vygon as the main distributor for TimestripIV products in the UK and Ireland. Vygon is a leading supplier of single-use medical and surgical products, including intravenous access devices, to the NHS. "We are delighted to be
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