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2 Apr 2014 07:38

UK MORNING BRIEFING: FirstGroup In Line; Go-Ahead Tipped By Goldman

LONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.

Goldman Sachs has added Go-Ahead Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp

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13 Mar 2014 12:08

Coms Says Exceeding Revenues Targets As It Wins Two Further Contracts

LONDON (Alliance News) - Cloud-based telephony company Coms PLC Thursday said it is exceeding its revenue targets as it announced two further contract wins. Its mobile unit, recently bolstered by the addition of Smarter Mobile UK Ltd, has won a contract with a mobile phone supplier in India

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13 Mar 2014 08:38

Coms unveils further contract wins

AIM-listed Coms on Thursday announced further contract wins, which it said would assist with the development of plans for increased market share in numerous sectors. It also said the wins meant it was exceeding revenue targets. One of the most significant deals was a "lucrative" contract for a pr

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10 Mar 2014 08:47

Coms Buys Ikea Partner Smarter Mobile UK For GBP225,000

LONDON (Alliance News) - Coms PLC Monday said it has agreed to acquire mobile phone services company Smarter Mobile UK Ltd in a deal worth GBP225,000. Smarter Mobile UK trades under the brand name Family Mobile, which was created in partnership with Ikea Family, a loyalty scheme created by

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10 Mar 2014 07:22

Coms strengthens telecoms operations through Smarter Mobile deal

Communication, connectivity and business services firm Coms has acquired telecoms company Smarter Mobile UK. Smarter Mobile, a specialist in mobile and wireless coverage solutions for businesses, was acquired for £225,000 in cash. It has a current annual turnover of £240,000 and is earnings neutral

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7 Mar 2014 09:15

Verdes Management Investor Revealed As Hedge Fund

LONDON (Alliance News) - The institutional shareholder that invested GBP750,000 in Verdes Management PLC, the company rescued earlier this week by Coms PLC Chief Executive David Breith, has been revealed in a Friday stock market filing as Helium Rising Stars Fund, a hedge fund registered in the C

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4 Mar 2014 12:45

Verdes Management Saved By Coms Chief Executive David Breith

LONDON (Alliance News) - Verdes Management PLC Tuesday said it has secured its future after Coms PLC Chief Executive David Breith stepped in to save the company, and it raised GBP750,000 from "an institutional investor", which it didn't name. The suspension on the company's shares was lifte

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27 Feb 2014 12:29

Coms Wins A Further GBP1.73 Million Worth Of Contracts

LONDON (Alliance News) - Coms PLC Thursday said it had won a further GBP1.73 million in new contracts in recent weeks, building on the GBP715,000 of new contract wins it announced earlier in the month. The latest contract wins include GBP696,000 worth of deals with a number of new channel p

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27 Feb 2014 08:35

UK MORNING BRIEFING: RBS, RSA And WPP Lead FTSE 100 Downward

LONDON (Alliance News) - Shares have opened slightly lower Thursday amid a flurry of corporate results.

RBS, RSA Insurance and WPP are competing to be the biggest FTSE 100 losers following earnings announcements and, in the case of

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24 Feb 2014 10:14

Coms Expects To Swing To Pretax Profit In Current Year

LONDON (Alliance News) - Coms PLC said Monday that it expects to swing to a full-year pretax profit in the financial year 2013-14. The cloud-based telephony company expects to see a full-year pretax profit of around GBP450,000, revenue of around GBP14.0 million, and earnings before interest

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24 Feb 2014 08:30

UK MORNING BRIEFING: HSBC Shares Fall On Lower-Than-Expected Profit

LONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. HSBC Holdings is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year.

Here is

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10 Feb 2014 07:57

Coms Wins new Contracts Worth Over GBP715,000

LONDON (Alliance News) - Telecoms and IT services company Coms PLC Monday said it has won a more than GBP715,000 of new contracts in recent weeks, including cabling work at Kings Cross in London and a contract renewal in the energy sector. In a statement, Coms said it has won a GBP280,000 c

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7 Feb 2014 16:51

Coms Raises GBP8.3M, Acquires Actimax Subsidiaries For GBP2.4M

LONDON (Alliance News) - Cloud based telephony company Coms PLC said Friday that it will acquire certain subsidiaries of Actimax Acquisitions Ltd for a total of GBP2.4 million. Coms also announced that it had raised GBP8.3 million through the placing of 138.3 million shares at a price of 6

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7 Feb 2014 16:39

*Coms Raises GBP8.3M, Acquires Actimex Acquisitions Ltd Subsidiaries For GBP2.4M

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4 Feb 2014 12:37

UK MIDDAY BRIEFING: Oil Majors Report Declining Profits

LONDON (Alliance News) - Oil majors BP and BG Group both reported a deterioration in the fourth quarter Thursday, with BG swinging to a loss, but their shares headed in different directions after BG previously flagged the downturn while the extent of its rival's profit decline was more unexpected

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