London afternoon: Footsie consolidates gains

2nd Nov 2010 14:26

Footsie moved sideways over the lunch time session, as investors digested a busy morning of big company announcements. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The marke

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Tribal ends bid talks

2nd Nov 2010 13:08

Public sector services provider Tribal Group says that it has ended talks with a potential bidder. Tribal admitted back in August that it had received a bid approach. The share price has fallen below the level prior to the announcement of bid talks. That is mainly down to last month's profit war

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Small caps round-up: Tribal, Ffastfill, Capital Lease ...

5th Oct 2010 13:21

Government spending uncertainty has prompted public sector services group Tribal to warn 2010 profits will be 'substantially' below its previous expectations. Government business has seen a further material deterioration in trading conditions in the UK during the past two months with no improvemen

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London afternoon: No sign of rally yet

11th Aug 2010 13:57

Expectations of a weak start on Wall Street have put the kybosh on any hopes of a recovery in London over the lunch time session, after leading shares endured a tough morning in the wake of downbeat statements from the Federal Reserve (last night) and the Bank of England (this morning). The Bank of

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Small caps round-up: Pilat Media, Stagecoach Theatre, ...

11th Aug 2010 11:00

Shares in business management software company Pilat Media Global were boosted by a $7.7m contract with an undisclosed 'major American telecommunications company.' Pilat will supply the company with its 'Integrated Broadcast Management System.' Theatre school Stagecoach Theatre's performance was s

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Tribal Group Court Orders Cancellation Of Share Premium Account

17th Jun 2010 12:18

LONDON (Dow Jones)--Tribal Group PLC (TRB.LN), a provider of public sector services in the U.K. and internationally, said Thursday the High Court issued an order sanctioning the cancellation of the Company's share premium account. MAIN FACTS: -Tribal has given certain undertakings to the Cou

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Small caps round-up: Ascent Resources, DCC, Newmark...

18th May 2010 11:03

Pre-tax losses widened sharply at Europe-focused oil and gas group Ascent Resources in 2009 as the company felt the pinch of lower commodity prices. Pre-tax losses grew to £10.57m from £4.5m the previous year on revenues that narrowed to £890,000 from £1.47m. Managing director Jeremy Eng said: 'W

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Tribal profit falls, upbeat for year ahead

23rd Mar 2010 08:11

Public sector and education services provider Tribal said full year adjusted pre-tax profit fell but expects trading to be in line with its expectations for 2010. Adjusted profit before tax fell to £17.2m for the year ended 31 December 2009 from £17.6m the year before. Revenue for the period incr

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Post-warning Tribal purchase

4th Nov 2009 16:14

Tribal non-executive director John Ormerod's wife Pamela has taken advantage of the post-profit warning fall in the share price to buy an initial 50,000 shares at 69.25p each. The share price of the public sector and education services provider was more than 100p three weeks ago. Ormerod was app

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No regeneration at Tribal

27th Oct 2009 16:59

Public sector and education services provider Tribal Group says that trading conditions are becoming more challenging and its shares have fallen by one-sixth. The majority of the regeneration division is being closed because of poor market conditions and lack of recovery prospects. These activitie

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Committed income healthy at Tribal

18th Aug 2009 15:57

Public sector services consultant Tribal Group has upped its interim dividend despite a slight dip in profits. Adjusted profit before tax, which includes various charges, was 7% lower at £8.5m in the first half of 2009 than the £9.1m achieved in the first half of last year. Management said the resu

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Dillistone wins Tribal deal

28th Jul 2009 10:35

Dillistone, the AIM quoted supplier of recruitment software, has won a new contract with public sector services consultant Tribal Group. The contract is for the implementation of FILEFINDER 9, hosting services and an ongoing support contract. "We are delighted that Tribal Group has chosen FILEFI

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Small caps round-up: Tribal, Trafficmaster, Hamworthy...

16th Jul 2009 14:17

Public sector services consultant Tribal Group expects results for the full year to be in line with expectations. The group said it has taken further action to reduce operating costs and now expect to realise annualised cost savings of more than £6m. "Whilst we continue to see more challenging con

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Small caps round-up: H&T Group, China Medical, Fyffes...

13th May 2009 09:20

Pawnbroker H&T Group said it has traded "significantly" ahead of expectations for the year to date. It also said it was positive about prospects for the current year but remains conscious of the current difficult economic climate. "The principal reason for the strong performance is the sustained go

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