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AVNFri, 31st May 2019 09:44
Results season may have kicked off in the US by the time Wednesday comes around but in the UK it looks like companies are taking a bit of a breather. Ferrexpo, the Ukraine-focused iron ore pellet producer, issues a third quarter production update which will keep the number crunchers busy for a few
Read moreAvanti Communications has successfully launched its second satellite which it hopes will rake in big profits providing data services to emerging markets. The HYLAS 2 was launched from the European Spaceport in Kourou, French Guiana on Thursday night. It will now go through three months of testing
Read moreAvanti Communications: Jefferies maintains buy rating and 600p target. BAE Systems: BarCap cuts target from 380p to 370p, equal weight rating kept. Cairn Energy: AlphaValue downgrades to sell. FlyBe: HSBC initiates coverage with overweight rating and 90p target. Hammerson: Credit Suisse lifts ta
Read moreAlliance Pharma: Investec downgrades from buy to hold, target slashed from 34p to 25p. APR Energy: Credit Suisse keeps outperform rating and 1,300p target. Aviva: Jefferies downgrades from buy to hold, target cut from 386p to 281p. Avanti Comms: Jefferies retains buy rating and 600p target. Brit
Read moreAIM-listed satellite operator Avanti Communications said its revenue was in line with house broker estimates for the financial year to 30 June 2012. The group said it had added £42.3m of backlog in the four months to the end of April. Backlog increased to £213m from the £181m reported at the of
Read moreAntofagasta: AlphaValue downgrades from add to sell, target cut from 1,201.3p to 915p. Avanti Communications: Jefferies reiterates buy rating and 600p target. Chariot Oil & Gas: Jefferies keeps buy rating and 355p target; Merchant Securities keeps buy recommendation and 232.1p target. Dignity: In
Read moreTelecoms titan BT Group was dragging the fixed line telecommunications sector lower after a downgrade from JP Morgan Cazenove today. The US broker cut its rating from overweight to neutral saying it may struggle to grow revenues in 2012. Despite this, it still expects the firm to do well in the lon
Read moreDonna Wharton, wife of Nick Wharton, the Chief Executive of homewares firm Dunelm, has topped up her stake in the company with 9,500 shares. Wharton's purchase, which saw her buy the shares at 480.00p each for a total of £45,600, came just a day after Will Adderley, Executive Deputy Chairman, anno
Read moreSerco: Credit Suisse lifts target price to 650p from 600p, remains at outperform. Capita: Credit Suisse revises target to 820p from 770p, retains outperform. Wolseley: UBS downgrades from buy to hold. Pace: Peel Hunt upgrades from hold to buy, raises target to 99p from 75p. International Power
Read moreAIM-listed satellite operator Avanti Communications says that US-based sector peer STM is to buy capacity on its HYLAS 1 satellite to enable it to launch Enterprise services in Spain. No financial information regarding to contract was given. HYLAS 1 is Avanti's first broadband satellite and uses '
Read moreSatellite operator Avanti Communications has reported widening half year losses for the six months ended December 31st after costs rose more than revenue, year-on-year. Gross losses increased from £0.2m to £2.3m, on revenues of £5.1m (2010: £1.4m). Cost of sales rose from £1.4m to £7.4m. Pre-tax
Read moreAvanti Communications Group, the satellite operator, has sold capacity on its HYLAS 2 satellite to InSat in a five year deal worth $7.3m. Chief Executive of Avanti David Williams said: "We are now just a few months away from the launch of HYLAS 2 and I am pleased to note the capacity is selling wel
Read moreAIM-listed satellite operator Avanti Communications has been awarded a £5m contract by the Regional Growth Fund. Avanti sells its satellite broadband services to telecoms firms who use them to supply residential, enterprise and institutional users. This contract relates to the the expansion of its
Read moreAvanti's share price rose more than 3% after it announced an agreement with BT around the provision of its Business Internet Continuity product. The product uses a satellite broadband system to provide back up to terrestrial telecoms circuits, providing a highly diverse alternative routing for data
Read moreCo-founder of satellite operator Avanti, David Williams, has upped his stake in the firm for the second time this week just days after the company reported a jump in full-year losses. The chief executive, who joined forces with co-founder David Bestwick in 2000, bought 19,420 shares at 254.8p per s
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