Telecom equities were the best performers of the day on Wednesday as M&A speculation continues to boost stocks in the wake of one of the biggest corporate deals in history between Vodafone and Verizon. The UK mobile-phone giant announced on Monday that it had reached an agreement with its US partne
Read moreShares in AIM-listed business services firm Pinnacle Technology rose sharply on Tuesday after Coms said it was thinking about a possible offer for the company. Coms, which is focused on hosted business phone systems, said it is "considering a possible corporate transaction with Pinnacle that could
Read moreAIM-listed voice telecommunications provider Coms has acquired two sets of telecoms and IT hardware used in providing data networks. The company said that it had purchased one set of assets from the company's Chief Executive Officer, Dave Breith, for a price of £200,000. In addition it acquired
Read moreAIM-listed voice telecommunications provider Coms has secured a number of new contracts over the past week within its retail division. The group said that they were recurring annual service driven contracts with no associated cost of sales. The combined gross profit of the contracts is £50,000 pe
Read moreAIM-listed voice telecommunications provider Coms has signed a contract to sell broadband and lines to an outsourcing company with turnover in excess of two billion pounds. The company said that for reasons of confidentiality, it could not provide further detail on the contract or the client compa
Read moreThe Chairman of XP Power, Larry Tracey, sold 120,000 shares in the group on Monday, disposing of them for 1,080p a time. The transaction earned the director just short of £1.3m and reduced his stake to 1.28m shares. On Monday the group posted a 9.0% decline in revenue for the year ended December
Read moreMike Inglis, the Chief Commercial Officer of ARM since March last year, this week traded in 200,000 shares in the semiconductor and software design company. Inglis sold 186,703 of the shares at 921p for a total of just under £1.72m, while the remaining 13,297 were disposed of at 917p for £0.12m.
Read moreEarthport, a cross-border payments company, has announced a go-live with Yandex.Money, an e-wallet service in Russia and the CIS, to offer wider international payment options to their customers, meaning the latter's e-wallet holders will be able to access to a new range of international payment serv
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