Payment issues hit Webis
20th Jul 2011 15:42
Webis, the operator of the betinternet.com betting site, fell after saying payment issues hurt margins in the year to 29 May. "Most payment processors and banks have been cautious with regards to the provision of services and the few that have done so have proven to be inconsistent and expensive,"
Read moreSmall caps round-up: Mariana, Webis, Strategic Thought ...
15th Oct 2010 15:37
Mariana Resources has found three new high gold intersections from follow up drilling at the Calandria Norte target. "They highlight the potential for high grade vein-breccias at Las Calandrias and Calandria Norte in particular, in addition to the bulk tonnage style gold mineralizati
Read moreLondon close: Triple digit gains
13th Jul 2010 16:31
Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric
Read moreLondon afternoon: Good start to US results season lifts UK
13th Jul 2010 14:30
Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio
Read moreLondon midday: Stocks kick on as inflation eases
13th Jul 2010 12:16
Inflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati
Read moreLondon open: Steady start for blue chips
13th Jul 2010 08:51
Footsie has made a healthy start with another good news day for BP helping the oil giant recover further. BP shares are up another 4% so far this morning on hopes it is near to stemming the flow of oil spilling into the Gulf of Mexico. A new 75-tonne steel cap was lowered over the damaged well lat
Read moreWebis Holdings Sees FY10 'Significantly' Below FY09 >WEB.LN
13th Jul 2010 07:34
LONDON (Dow Jones)--Webis Holdings PLC (WEB.LN), the global on-line gaming group, said Tuesday trading for the year ended May 31 will be significantly below the directors' previous expectations, despite betinternet achieving a significantly higher than expected turnover for the World Cup with very f
Read moreWebis to miss FY forecasts
13th Jul 2010 07:13
Online betting group Webis warned that trading for the full year ended 30 May 2010 will be significantly below the group's previous expectations. "This fall was primarily as a result of the previously notified reduction in casino play, where the 'high-roller' business that the operation had previou
Read moreHigh-rollers desert Webis
30th Oct 2009 11:49
Online gaming group Webis says that trading is below expectations because of lower margins at its betinternet.com subsidiary. The news knocked 0.62p off the share price, taking it to 2.62p and making it one of the worst performers of the day. A lack of high-rollers for the casino business and u
Read moreLondon close: Footsie dips into the red
23rd Sep 2009 17:05
A late swoon saw London's blue-chip index give up the gains of the morning to close marginally lower on the day, as investors banked profits ahead of the Federal Reserve's decision this evening on US interest rates and its quantitative easing (QE) programme. The morning's gains had been achieved on
Read moreLondon afternoon: Footsie nears intra-day high
23rd Sep 2009 14:01
The market's climb regained momentum over the lunchtime session. Investors have been put in the mood to buy by the prospect of the Bank of England increasing its quantitative easing programme some time in the future. The minutes to the most recent meeting of the Bank of England's Monetary Policy co
Read moreLondon midday: Market rises despite cash calls
23rd Sep 2009 11:55
The market is off the top but still in positive territory, despite a flood of fund raising announcements this morning. Property group Liberty International shares have been hit by a placing today of up to 56.1m new shares, increasing its shares in issue by just under 10%. The fund raising comes l
Read moreWebis proves a good bet
23rd Sep 2009 11:21
Shares in online betting group Webis hit a 52-week high after moving firmly into the black in the 53 weeks to 31 May 2009. The company chalked up a pre-tax profit of £0.45m, compared to aa loss of £0.35m the year before, on turnover that rose 19.5% to £140.1m from £117.2m. Turnover on the betintern
Read moreTuesday tips round-up: Unilever, Imperial Tobacco, Ten Alps
16th Jun 2009 06:40
Everything is in place at Unilever to confound the cynics and show good volume growth over the next few years. The shares are yielding 4.5% and trade on a December 2009 earnings multiple of 13.5 times. Unilever is a buy says the Telegraph. Fears of a dividend cut at Imperial Tobacco are overplayed
Read moreWebis sees strong year-on-year growth
15th Jun 2009 08:14
Online gaming group Webis said it has generated strong year-on-year growth in trading, both within its sportsbook operation, betinternet.com and its pari-mutuel business, European Wagering Services (EWS). "We believe that the company is well-placed to continue to increase its market share in the c
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