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7 Feb 2017 12:52

Connect Group offloads education division to RM

(ShareCast News) - Specialist distributor Connect Group announced on Tuesday that it has signed an agreement with RM to dispose of its education and care division, for a cash consideration of £56.5m on a cash free, debt free basis. The London-listed firm said RM will also assume responsibility for t

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6 Feb 2017 13:58

BATM to swallow up Zer Laboratories

(ShareCast News) - Networking and medical laboratory real-time technology supplier BATM Advanced Communications announced on Monday that it has entered into an agreement to purchase the entire issued share capital of Zer Laboratories for a consideration of ILS 2.75m payable in cash. The London-liste

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3 Feb 2017 09:29

Johnston Press recovers after tough post-Brexit vote period

(ShareCast News) - Multimedia company Johnston Press, owner of brands like The Scotsman and The Yorkshire Post, has reported an improvement in trading in the fourth quarter after a 5% fall in revenue during the aftermath of the Brexit vote. The group recovered in the fourth quarter with a 1% rise in

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2 Feb 2017 11:51

Sports Direct bags stake in French Connection

(ShareCast News) - Mike Ashley's Sports Direct International has snapped up an 11% stake in French Connection Group. The sporting good retailer took out a contract for difference over 10.7m shares, or 11.156%, of the fashion retailer's shares, it reported on Thursday just before noon. Ashley has a

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31 Jan 2017 12:03

Alumasc sees revenue surge in first half

(ShareCast News) - Premium building products, systems and solutions provider Alumasc posted its interim results for the six months to 31 December on Tuesday, with revenue rising 17% to £50.7m. The London-listed firm reported a 2% uptick in underlying profit before tax to £4.1m, with underlying earni

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30 Jan 2017 12:35

Torotrak outlook soured by diesel engine unpopularity

(ShareCast News) - Emissions reduction and fuel efficiency technology developer and supplier Torotrak announced an update on the process to license its technology on Monday, as well as the strategic actions it proposes to take as a consequence. The London-listed firm had previously reported commerci

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30 Jan 2017 07:21

Waterman Group trades in line in first half

(ShareCast News) - Engineering and environmental consultancy Waterman Group released a trading update on Monday, ahead of the announcement of its interim results for the half-year to 31 December. The London-listed company said it has experienced a "positive interim trading period", and the board exp

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27 Jan 2017 09:23

TClarke upbeat as it deals with internal fraud

(ShareCast News) - Building services group TClarke announced its year-end trading update on Friday for the year ended 31 December, ahead of its preliminary results which will be announced on 28 March. The London-listed firm reported that underlying profits were substantially ahead of last year, sayi

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26 Jan 2017 11:31

Haynes earnings surge in half-year results

(ShareCast News) - Practical information creator and supplier Haynes Publishing Group announced its results for the six months to 30 November on Thursday, with group revenue rising 15% year-on-year to £14m. The London-listed firm's like-for-like group revenue was 1% firmer to £12.3m, excluding the i

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25 Jan 2017 10:18

Microgen on target as Aptitude software bags ten contracts

(ShareCast News) - Business software company Microgen reported that trading in the second half of 2016 was in line with its strategy. The highlight for the group was the continued progress of its Aptitude Software business which entered into ten contracts in 2016 with new clients located across Euro

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25 Jan 2017 10:14

Johnston Press wins contract to print Daily Mail

(ShareCast News) - Multimedia company Johnston Press, owner of brands like The Scotsman and The Yorkshire Post, has won a contract to print the Monday to Saturday issues of the Daily Mail for an undisclosed sum. The agreement comes after Associated Newspapers, a wholly owned subsidiary of DMGT respo

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20 Jan 2017 15:06

Record hikes AUME to $56.6bn at end-December 2016

(ShareCast News) - Specialist currency manager Record has hiked its assets under management equivalents (AUME) to $56.6bn at 31 December 2016, from $55.0 three months earlier. Chief executive James Wood-Collins said the US dollar's strength dominated the second half of the fourth quarter, following

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20 Jan 2017 07:48

Bonmarche third-quarter sales up, reiterates FY profit expectations

(ShareCast News) - Clothing retailer Bonmarche reiterated its full-year profit expectations on Friday as it reported a rise in third-quarter sales. In the 13 weeks to 24 December, sales were up 3.3% against the corresponding period a year ago, with store like-for-like sales up 0.8%. Sales for the 39

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17 Jan 2017 11:07

Johnston Press sells East Anglia newspaper business for £17m

(ShareCast News) - Johnston Press, the owner of the i, the Scotsman and many local newspapers, has sold its East Anglia business for £17m in order to focus on key growth areas. The London-listed company said it has completed the sale of Johnston Publishing East Anglia, which owns 13 publishing tiles

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9 Jan 2017 08:45

Future saves Team Rock music brands from administration

(ShareCast News) - Publisher Future has acquired the magazines, domain names, events radio licence and websites of Classic Rock, Metal Hammer, Prog, Blues and Golden Gods for £800,000 from administrators FRP Advisory. Classic Rock, Metal Hammer and Prog have magazines and dedicated channels and B

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