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A profit warning from Aveva sent the UK-listed software sector firmly into the red on Friday with the FTSE 250 losing as much as a quarter of its value. The stock was down 24.6% in afternoon trade after Aveva added to the list of problems affecting its first-half results. Currency movements and the
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LONDON (Alliance News) - Shares in Coms PLC were trading down 8.4% Friday morning after the company issued a corrected figure for earnings before interest, tax, depreciation and amortisation for the year ended January 31 that was lower than it had previously provided. After consulting with
Read moreLONDON (Alliance News) - Shares in Coms PLC were trading down 8.4% Friday morning after the company issued a corrected figure for earnings before interest, tax, depreciation and amortisation for the year ended January 31 that was lower than it had previously provided. After consulting with
Read moreLONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England.
SSE, Tullow Oil and BG Group le
LONDON (Alliance News) - Coms PLC Monday said it swung to a profit in the year to end-January, driven by a number of acquisitions in its first year under its new chief executive. Coms reiterated confidence in meeting market estimates for revenue and pretax profit in the 2015 financial year,
Read moreComs, which provides 'Voice over Internet Protocol' (VoIP) telephony solutions to UK businesses, has said that annual profits will be well ahead of previous estimates. The AIM-listed group had said in February that it expected earnings before interest, tax, depreciation and amortisation (EBITDA) to
Read moreLONDON (Alliance News) - Cloud based telephony company Coms PLC said Wednesday that it will beat its previous forecasts for pretax profit and earnings before interest, tax, depreciation and amortisation for the year to the end of January. The company said that, as it nears the completion of
Read moreLONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.
The blue-chip index is being weighed down by broadcaster ITV, whos
LONDON (Alliance News) - Coms PLC said Wednesday it has signed a number of new contracts worth a combined GBP14.2 million. The company has signed a single new contract worth GBP9.3 million with an unnamed existing client, which will be spread over the next few years, said Coms. Redsto
Read moreTelecommunications and IT services provider Coms has announced a 'lucrative partnership' with Live Telecoms for a SIM-only brand called PhoneAfrika mobile. PhoneAfrika offers customers cheap call rates when UK residents dial African numbers and reduced price calls when travelling overseas. Coms c
Read moreLONDON (Alliance News) - Coms PLC said Monday it has signed a supply deal with Live Telecoms to provide the UK-based African population with a SIM offering for cost-effective calls. Coms Mobile is providing Live Telecoms with a SIM-only product offering called PhoneAfrika mobile. The brand
Read moreLONDON (Alliance News) - Coms PLC Wednesday announced new contract wins worth almost GBP2 million, including GBP1.4 million worth of deals at its Redstone unit for installing structured cabling to a number of investment banks and NHS trusts. In a statement, the company said Redstone had als
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