Financial website operator ADVFN has announced an agreement with TheStreet to distribute TheStreet's content through its network of financial websites. ADVFN is expanding its global reach and currently has localised sites in numerous countries including the UK, US, France and Germany.
ADVFN (AFN), a provider of share data to private investors, posted narrowed pre-tax losses for the half-year ended 31st December 2010, reflecting a continuation of good growth and bottom line improvement. The group, which also provides education services through its wholly owned subsidiary Success Events, revealed that pre-tax losses fell by 80% to 67,000 pounds on revenue 13.5% greater at 4.6 million pounds. Looking forward, the group said it was feeling "buoyant about the months ahead." Shares in ADVFN edged down 0.05p to 5.875p.
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