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Defence technology firm Westminster Group said its investment in a West African airport was looking promising and that an initial aggregate $150m revenue forecast could be achieved by the contract's eight year break point rather than the full contract term of 15 years. "Should that be the case, the
Read moreStock markets fell across the board today as concerns persist over European and US sovereign debt. Friday's European banking stress tests were seen as something of a damp squib by markets after they failed to adequately analyse the impact sovereign debt default would have on the Continent's banks.
Read moreStocks are firmly in the red after Friday's European Banking stress tests. Eight European banks failed stress tests drawn up by the European Banking Authority (EBA). Five Spanish banks - Catalunya Caixa, Pastor, Unnim, Caja3 and CAM - and two from Greece - ATEbank and EFG Eurobank - were deemed not
Read moreShares in Coms, which provides internet telephony services, rocketed 60% after it announced the launch of its new service for Apple iPad users. The firm's VoIP (Voice over IP) telephone service enables iPad users to make and receive telephone calls over their internet connection. Apple has so far
Read moreComs, which provides internet telephony services to businesses and other organisations, narrowed losses in the half year to 31 July as revenues jumped and cost cutting measures took effect. It posted a pre-tax loss of £219,000 for the period, against a £360,000 deficit in the same period the previo
Read moreLONDON (Dow Jones)-- Coms PLC (COMS.LN), a provider of internet telephony services to business customers, said Friday pretax loss for fiscal 2010 narrowed by 44%, and added that it aims to move into profitability in the near term. MAIN FACTS: -Revenue for the year ended Jan. 31 GBP3.3 millio
Read moreShares in Individual Restaurant fell sharply after the owner of the high-end Piccolino and Bar & Grill chains said extreme weather early in the year and the football World Cup will cost the company about £600,000 in pre-tax profits in the current year. Vending machine group SnackTime saw pre-tax pr
Read moreLONDON (Dow Jones)--Coms PLC (COMS.LN), an internet telephony service provider, said Wednesday it has launched a new division to support Microsoft's unified communications products, known as Office Communications Server, and the company has already received a major order from Wandsworth Health Autho
Read moreA firm start on Wall Street gave fresh heart to UK equities, with financial stocks to the fore, with the notable exception of insurers. Ahead of results tomorrow Standard Chartered was wanted in a buoyant banking sector while elsewhere in the financial sector property groups such as SEGRO and Hamme
Read moreLeading shares consolidated gains over the lunchtime session though it remains a bad day to be invested in the insurance sector. Insurer Prudential is under the cosh again as investors bale out ahead of an expected monster cash call to finance the group's acquisition of AIG's Asian assets. RSA In
Read moreShare, parent company of retail stockbroker The Share Centre, lifted profits last year to £2.35m from £1.46m on turnover of £14.1m, up from £12m. There was a significant increase in retail investor activity - especially online with deal volumes up by 75% on 2008, Share said. The interim dividend is
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