(ShareCast News) - The chief executive of the newly formed GlobalData has acquired a £53.2m stake in the company as part of the deal. Mike Danson acquired over 20.9m shares in the new company, and holds a total stake of 69.7% with over 71.3m shares. It arose out of Progressive Digital Media Group's
Read moreLONDON (Dow Jones)--Datacash Group PLC (DATA.LN), an international provider of credit and debit card transaction processing, said Monday trading for the first six months of the year has been in line with the Board's expectations. -Shares closed Friday at 238.5 pence valuing the company at GBP220
Read moreOn Monday, BP non-executive director George David acquired 18,815 ADSs in the oil and gas giant for $56.89 each, followed by a further 1,185 ADSs at the same price the following day. This equates to 120,000 ordinary shares in total. The equivalent share price is 568.9p. This takes David's stake in
Read moreICAP's discontinued cash equities business clocked up operating losses of about £25m in the year to the end March - more than the £18m loss that the market was expecting, according to broker forecasts. On 12.6 times forecasts for 2011, ICAP looks fairly valued. But despite the uncertainties, this
Read moreCredit card transaction handler DataCash said annual pre-tax profit increased as transactions rose and it expects further growth this year. The group also announced an increase to its annual dividend to 2.25p per share, up from 1.8p a year earlier. For the year ended 31 December 2009 DataCash rep
Read moreJewellery designer and manufacturer Abbeycrest said trading has been strong since August, despite the depreciation of the Hong Kong and Thai currencies and the high gold price. Shares in Asterand fell back after the human tissue sampler said the delay of a £700,000 order would affect 2009 results.
Read moreBritish American Tobacco finance boss Ben Stevens has pocketed nearly £200,000 after offloading some of his stake in the Lucky Strike maker. He sold 5,000 shares at 1,981p a share and 5,000 at 1,969p. He now has just more than 95,000. Stevens has been with British American since 1990. He joined th
Read moreCredit card transaction handler DataCash revealed a drop in half year pre-tax profit but says it is confident it will continue to deliver good growth. Pre-tax profit for the six months to 30 June fell to £2.7m from £3.3m the same time a year before. Revenue increased to £18.01m compared to £12.23m
Read moreCybit, which provides vehicle and maritime tracking systems, has had its contract with Fowler Welch, part of Dart Group plc, extended for another five years. The firm will deploy Fleetstar Online across the Fowler Welch trailer fleet as part of a contract valued at about £1m in revenues, to be reco
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