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AVNMon, 08th Apr 2019 14:46
London has shrugged off yesterday's dull showing on Wall Street and is posting decent gains in the first hour. Prudential is leading the way after chief executive Tidjane Thiam made Asia the cornerstone of a plan to drive the life insurance group's profits strongly forward over the next two years.
Read moreBroadband satellite operator Avanti Communications reported a full year pre-tax loss as revenue fell but remained upbeat following the launch of its multi million pound HYLAS 1 satellite from French Guiana 26 November. Shares of Avanti soared earlier this week after the launch of the group's first
Read moreThe leading share index closed with triple-digit losses Monday as jitters over the eurozone debt situation continued to plague the markets. Financial markets are still betting either Portugal, Spain, or both, will need a rescue deal similar to the €85bn Irish bail-out, rubber-stamped over the weeke
Read moreMobile telecommunications stocks are under pressure despite some cheery updates from the sector. Vodafone today cut the price of sending emails and surfing the net while abroad. The announcement has failed to impress the market though. Avanti Communications bucked the downward trend after the sate
Read moreThoughts that the euro-zone boil had been lanced by the agreement of a bail-out package for Ireland have proved premature, with rising Spanish bond yields suggesting that the prospect of Spain being the recipient of an EU/IMF aid package cannot be ruled out. An underwhelming response to the latest
Read moreShares in Avanti Communications headed skyward after the satellite operator's announcement that it successfully launched its HYLAS 1 satellite from the Kourou space centre in French Guiana on Friday. 'I am delighted that HYLAS 1 is safely in orbit and operating as planned under our control,' said A
Read moreTowerBrook Capital Partners has decided not to bid for nursing homes operator Southern Cross Healthcare. TowerBrook made what was described as "a highly preliminary proposal" in August. Southern Cross says that other parties have approached it and discussions are continuing. Full year figures will b
Read moreAustralian miner Norseman Gold suffered a drop in production during the first quarter to 12,229 ounces from 14,469 ounces in the three months to June following a fatality at the OK Decline in August. The accident caused a three week shutdown at the mine and meant output was well below target but i
Read moreSatellite operator Avanti Communications has raised in the region of £70m through a placing of 16.28m shares at 430p each. The newly issued shares represent around 23.7% of Avanti's existing ordinary share capital. Funds from the placing will be used to repay the fixed term facilities of a princi
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVANTI COMMUNICATIONS GROUP PLC (AVN.LN), a broadband-by-satellite company, Monday said the launch of its first satellite will be delayed by up to six we
Read more(Adds detail, analyst comment, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Broadband-by-satellite company Avanti Communications Group PLC (AVN.LN) Monday said the launch of its first satellite will be delayed by up to six weeks, as it also announced it has r
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BEOWULF MINING PLC (BEM.LN), an iron ore explorer, said Monday the latest drilling results from its Kallak project in Sweden show ore is present at much
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps FALKLAND OIL & GAS LTD. (FOGL.LN), an oil explorer, Monday said it plugged and abandoned the Toroa well after failing to find any oil. The well, offs
Read moreLONDON (Dow Jones)--Broadband-by-satellite company Avanti Communications Group PLC (AVN.LN) said Monday it has raised GBP70 million through a placing which will fund its third satellite and repay bank loans that financed its first satellite. Avanti, which sells broadband services to telecoms com
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps THE U.K. government announced Tuesday in its emergency budget it will launch an Enterprise Capital Fund to support fast-growing small businesses. The
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