LONDON (Alliance News) - Catalyst Media Group PLC swung into a pretax loss for the half year ended December 31, 2013, after it wrote down costs relating to its share in betting office television and data services provider Satellite Information Services Ltd, Catalyst makes and develops onlin
Read moreCatalyst Media Group reported an annual loss, reflecting an impairment charge relating to a review of its Satellite Information Services (SIS) business. The company posted a loss before tax of £3.7m in the year to June 30th, compared to a profit of £4.3m a year earlier. The group paid a £8.4m impa
Read moreCatalyst Media Group is one of the easier companies on the London Stock Exchange to understand. It doesn't sell anything, make anything or offer any service whatsoever. It is simply a 20.54 per cent stake in Satellite Information Systems, or SIS. SIS provides live feeds of horse racing to almost al
Read moreDespite being weighed down by a number of ex-dividend stocks, Footsie finished the day in positive territory, with gains on miners outweighing losses on banks. With metals prices hardening, miners were in demand. Lonmin was the best performer after being raised to 'buy' by Investec, which also upgr
Read moreThough banks are still looking sickly, Footsie has struggled into positive territory on the back of a strong mining sector. Royal Bank of Scotland (RBS) remains the biggest faller among blue-chips, with lingering concerns about its exposure to Dubai World's debt now overshadowed by with newspaper r
Read moreSirius Petroleum has raised £1.1m through a placing at 6p to cover the costs of due diligence on an as yet unnamed acquisition target and to provide working capital. The fund raising is part of Sirus's strategy to neter joint venture partnerships on marginal fields. Shares in Catalyst Media jumped
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