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Cash machine deployer Cashbox saw revenue ease in the second half of 2009 as the number of machines in its estate fell as a result of a major customer moving into administration. Revenue in the six months to 31 December 2009 eased to £3.37m from £3.43m in the latter half of 2008, though the number
Read moreFootsie ended the day firmly in the red with low commodity prices helping to offset positive broker coverage. With the oil price below $80, oil titans Royal Dutch Shell and BP found themselves on traders' sell lists. BG Group also slipped even after HSBC upped its price target for the stock from 13
Read moreLeading shares are mixed having picked up a little over the lunch time session, helped by a firmer start on Wall Street. With the oil price below $80, oil titans Royal Dutch Shell and BP find themselves on traders' sell lists, but BG Group makes headway after HSBC upped its price target for the st
Read moreOils and banks are dragging the Footsie down, with sentiment also soured by disappointing manufacturing output figures. While industrial production showed a 0.4% rise in November, better than the 0.3% rise economists had been predicting, manufacturing output remained unchanged from October's level
Read moreLondon brewer and pubs owner Fuller, Smith and Turner has turned to Cashbox to operate the 35 cashpoint machines in its existing estate, with the possibility of the brewer adding further automatic teller machines (ATMs) throughout its near 400-strong pub estate. Cash machine operator Cashbox said t
Read moreOil and gas engineering services firm Plexus Holdings has won a three year contract with a further two year option clause with Maersk Oil to supply its High Pressure/ High Temperature POS-GRIP wellhead technology. The value of the initial contract is estimated at £3m with revenues commencing in May
Read moreLatin American oil and gas exploration and production company GeoPark gained after announcing the successful drilling and testing of a new discovery oil well - Yagan Norte 1 - in the Tobifera formation on the Fell Block in Chile. GeoPark drilled and completed the Yagan Norte 1 well to a total dept
Read moreThe upgrades to earnings forecasts after specialist chemicals group Yule Catto's latest tading update yesterday ? the third in four months ? imply that Yule will achieve pre-tax profits this year of £39m, 19% higher than last. Yule still trades at a reasonable nine times next year's earnings, despi
Read moreCash machine operator Cashbox said it has delivered breakeven EBITDA in the first quarter of 2009/10 and it is confident of continued improvements during the current year. Core revenue for the period was up 36% on 2007/8 with 11% due to organic growth and the remaining 25% growth through acquisitio
Read moreDevro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter
Read moreShares in smartFocus soared after the marketing software company said it expected to post 13% rise in revenues in the half year to June 30, with profits also significantly ahead. The firm has benefitted from the rise in digital marketing's popularity, with customers wins during the period including
Read moreHaving endured a dull morning London's leading stocks pitched further into the red in the afternoon session after the World Bank cut its 2009 global growth forecast. British Airways was the biggest faller on arch rival Richard Branson's comments that it should be allowed to go bust if its financia
Read moreSystem on a chip technology firm Imagination Technologies Group has signed a multi-use licence agreement with semiconductor company MediaTek. MediaTek will deploy Imagination's POWERVR SGX graphics processor technology on its future system on a chip devices. Imagination will receive licensing fees
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