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eg solutions, the optimisation software firm, has won a further services contract from an existing UK enterprise customer in the financial services sector. The contract is worth around £0.34m, which will appear in the results for the current financial year. "This contract will refine the set-up
Read moreSemiconductor company Cyan Holdings has reported that 16 firms have submitted proposals for the tender relating to the Tamil Nadu Electricity Board (TNEB) Automatic Meter Reading, and that five of these are based on the company's Cylec technology. TNEB is one of the largest electricity distributors
Read moreSoftware supplier eg solutions sprung a profit warning on the market as the roll-out of a new software suite took longer than expected. The back office optimisation software company said revenue in the year to the end of January was at the £4.6m mark compared to £5.1m the year previous, while pro
Read moreGalliford Try's chairman-designate Ian Coull has started building a stake, spending nearly £50,000 on shares in the construction firm. He took 10,000 shares at 497.75p a time. Coull, 60, who will be replacing David Calverley, 68 in the chairman's seat, is chief executive of SEGRO Europe's largest
Read moreNon-executive chairman Cesar Alierta Izuel has opened his account in British Airways owner International Consolidated Airlines in a big way, spending nearly £2.5m on shares. He took 165,000 shares at €2.82 a time, 729,575 at €2.84 and 105,425 at €2.75. Izuel has been on the board of IAG since the
Read moreBack office optimisation software company EG Solutions expects revenue and profits for the year to 31 January 2011 to be pretty much in line with market expectations. Revenue should be about £5.1m, up from £4.2m the year before, while profit before tax should be £0.3m, up from £0.1m the year before
Read moreConstruction and engineering group Costain has been appointed by Lewisham Council to rebuild four more schools worth £71m after reaching financial close on the fourth phase of its Building Schools for the Future (BSF) project. "Costain is delighted to have reached financial close on the fourth ph
Read moreShares in Texan energy firm Caza Oil & Gas fell Tuesday morning after the group announced that the Marian Baker #1 well - in which it holds a 25% working interest before casing point - is waiting longer than anticipated to receive the Nabors Rig 4 from its drilling contractor Nabors Drilling USA.
Read moreShares in DQ Entertainment, the entertainment production and distribution company, moved a step closer to their 52-week high Wednesday morning after the announcement of a deal with Noga Communications, Israel's leading independent television content producer and broadcaster. Noga has acquired the I
Read moreLONDON (Dow Jones)--Eg Solutions Plc (EGS.LN), a back office optimization software company, announced Wednesday the signing of a contract, worth GBP430,000, with the general insurance division of an existing client. MAIN FACTS: -The contract is for Nuqleus 3D, the business performance softwa
Read moreShares in Caza Oil & Gas jumped after it said it encountered 'multiple gas bearing sands' after drilling at the Wharton West Wilcox Field in Texas. Shares in vehicle tracking systems specialist Minorplanet slumped after it said it is selling its UK arm, which accounts for about 40% of overall reven
Read moreNew chief executive Duncan Lewis has restructured Vislink's operations so they are based on customer sectors rather than technologies. The core news and entertainment division reported much lower revenues as its major US contract came to an end. The law enforcement division is benefiting from increa
Read moreEG Solutions gained after the operations management software group announced a contract extension with one of the largest bancassurance groups in the Nordic region. The contract extension, is worth £265,000 in the current financial year to 31 January 2011 and a further £300,000 during the full cont
Read moreMarketing services company Work Group remains confident that full-year results will be in line with expectations, and says the net cash position at year end is over £2m. 'We lived through extraordinary times in 2009, but we finished the year in line with our forecasts and in a strong cash position,
Read moreThe market liked Lifeline Scientific's maiden interim operating profit of $73,000 versus last year's loss of $3.1m, as the sale of 11 new LifePort kidney transporters helped revenue jump 123% to $7.75m. 'Trading was in-line with management's expectations during the first half and the board is confi
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