Westminster wins $0.6m security contract
8th Dec 2011 13:08
Westminster Group, the AIM-listed supplier of systems solutions and products, has secured a $0.6m contract to supply a range of specialist security equipment to a sub-Saharan government in Africa. The contract is to supply a range of specialist items as part of a confidential program to equip a se
Read moreLondon close: Miners hold back FTSE 100
10th Jan 2011 17:01
The top share index was firmly in negative territory at the close of trading, despite M&A excitement concerning Smith & Nephew The joint replacement specialist jumped more than 10% following reports it turned down a bid approach from US rival Johnson & Johnson just before Christmas. Sticking with
Read moreLondon afternoon: Miners a drag
10th Jan 2011 14:20
Footsie moved sideways over the lunch time trading session. Mining stocks continue to weigh the blue-chip index down, but oil stocks provide some cheer. A decline in copper imports into commodity-hungry China sent prices for the red metal lower. Kazakhmys, which transports copper from its Kazakhsta
Read moreSmall caps round-up: Omega, Edenville, Vatukoula ...
10th Jan 2011 09:20
Omega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
Read moreFriday tips round-up: RPC, Rio Tinto, DS Smith...
17th Dec 2010 06:57
RPC Group has spent ten years wooing Denmark's Superfos Industries but has finally won the day after its rival agreed to a £205m takeover. Making soup containers for Waitrose and coffee capsules for Nespresso machines may have all the hallmarks of a defensive stock. But the Superfos deal has turned
Read moreSmall cap round-up: Aurelian, Camco, African Copper...
18th Jan 2010 10:46
Eastern Europe-focused oil and gas explorer and producer Aurelian is to raise about €32m to fund well development. Shares in Camco International jumped after the carbon credit specialist said it ended 2009 with a strong cash position and expects recent developments in the US to present substantial
Read moreWestminster appoints new sales director
11th Jan 2010 08:06
AIM listed security, defence and fire protection provider Westminster Group has named Shires Crichton as sales director, with immediate effect. Crichton, who has over 20 years experience in the international security and defence industries, specialises in areas such as counter terrorism, counter in
Read moreWestminster no intention of making Pentagon offer
1st Dec 2009 07:48
Security systems provider Westminster Group said it has no current intention of making an offer for Pentagon Protection. The announcement comes after Westminster made a preliminary bid approach to the window film provider last month. Pentagon said at the time that the indicated offer was at a leve
Read moreUpdate: Westminster bid well below Pentagon share price
16th Nov 2009 14:28
Window film provider Pentagon Protection has confirmed that security systems provider Westminster Group made a preliminary bid approach last week. Pentagon said the indicated offer was at a level which, in the opinion of the Pentagon board, substantially undervalues the company. Westminster's offe
Read moreWestminster Group losses swell
23rd Sep 2009 08:02
Security systems provider Westminster said first half losses widened but is confident in the prospects for the full year and beyond. Pre-tax losses swelled to £672,000 for the six months ended 30 June 2009 from £413,000 the year before. First half revenue was up 69% to £2.4m compared with £1.4m.
Read moreSmall caps round-up: IS Solutions, Netservices, Plant Health Care...
14th Sep 2009 09:51
Higher revenues helped software services group IS Solutions post broadly unchanged profits in the six months to June 30. Pre-tax profits for the period totalled £184,000, compared with £189,000 the previous year, as revenues soared to £5.12m from £3.64m. During the year, the company completed the p
Read moreSmall caps round-up: Sabien Technology, Petmin, Scotty...
7th Sep 2009 09:01
Shares in AIM-listed Sabien Technology rallied after the energy efficiency technology specialist entered into an alliance agreement for the supply of M2G with Balfour Beatty Workplace (BBW). 'The strategic tie up with BBW further demonstrates M2G's reputation as being the leading boiler optimisatio
Read moreLondon close: Ten out of ten for Footsie
24th Jul 2009 17:13
The FTSE 100 index made it ten days of rises in a row, despite tailing off towards the close as investors looked to bank profits ahead of the week-end. It capped the best rally by the blue-chip index in five years. The rise was achieved despite dismal gross domestic product data. UK output contract
Read moreLondon afternoon: Financials find favour
24th Jul 2009 14:11
Footsie eased back a little over the lunchtime session but thanks to firm financials the blue-chip index continues to shrug off this morning's gloomy data on gross domestic product (GDP). UK output contracted 0.8% between April and June after a 2.4% decline in the first quarter, according to the Of
Read moreLondon midday: London shrugs off GDP shock
24th Jul 2009 11:54
After a shaky opening the market is moving steadily ahead, despite receiving a jolt from much worse than expected gross domestic product (GDP) figures. Output contracted 0.8% between April and June after a 2.4% decline in the first quarter, according to the Office for National Statistics' flash est
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