Spanish broadband telecommunications specialist firm Gowex has announced the resignation of its Chief Executive Officer, Jenaro Garcia, and that it is to file for bankruptcy protection. The company, which was chiefly a provider of free WiFi connections in urban areas, lost approximately 60% of its
Read moreAbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read moreThe Chief Executive Officer of internet company blinkx has made a show of faith with the purchase of 250,000 shares following Tuesday's profit warning. Subhransu Mukherjee, who joined the group in 2011, paid 34p a shares for a total spend of £85,000. Shares in the firm plunged on Tuesday after t
Read moreAnite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreInternet media company Blinx saw its shares dive on Wednesday after revealing trading in the first half was below its expectations, which hit revenues and earnings, particularly towards the end of the second quarter. Since the start of April, revenue has grown around 5% year-on-year, while earni
Read more* Company warns on first-half earnings * Trading hit by critical blog post * Shares down 37 pct (Adds shares, further analyst reaction) By Paul Sandle LONDON, July 2 (Reuters) - Video search and ad group Blinkx Plc cut its profit expectations on Wednesday, blaming indust
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