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London open: British Land bid talk lifts market

Fri, 14th Aug 2009 08:44

London's blue chips have opened slightly higher on a relatively quiet day with bid rumours among the big property groups the main talking point.Reports this morning suggested a consortium of some of the world's richest families is plotting a bid for British Land. Hammerson and Land Securities are also well ahead in sympathy.Fund manager Man Group expects gross initial disposal proceeds of $112m, which it expects to receive early next week, from the disposal of its remaining stake in MF Global.Payment services group Paypoint said its trading performance since the end of March has been satisfactory. The company said that, as anticipated, mobile top-up volumes in the UK, Romania and Ireland are running at lower levels than last year as a result of mobile operators offering more airtime for lower prices.Industrial chain maker Renold said the sharp declines in sales it has seen recently appear to have stabilised and that customers destocking may be abating. The firm, which reported a 25% slump in first quarter sales, said it saw no indication of customers restocking in the short-term. Operations management software group EG Solutions expects results for the half year to be in line with expectations, including a return to profitability. Revenues are seen at approximately £2.1m (H1 2008: £2.3m), while profits are seen at around £0.05m compared to a loss of £0.8m in the second half of last year.Industrial auctioneer GoIndustry-DoveBid said it knows of no reason why its share price jumped 40% yesterday, while confirming it is considering a placing at a 'considerable' discount' to the current share price.
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16 Feb 2017 09:19

EG Solutions Wins GBP692,000 Public Sector Software Contract

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16 Feb 2017 09:16

EG Solutions wins £692,000 public sector contract

(ShareCast News) - Shares soared in EG Solutions after the back office technology company said it had won a £692,000 contract to implement its operational intelligence software within the public sector. The contract was won in partnership with the provider of the EG's managed cloud service platform,

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13 Feb 2017 10:02

EG Solutions on the up as full-year revenue to be in line with expectations

(ShareCast News) - Shares in EG Solutions soared on Monday as the back office software company anticipates that revenue for the year will be in line with expectations after the implementation of its strategy to profitably scale the business. At the beginning of the second half of the year, the compa

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13 Feb 2017 07:55

EG Solutions Full-Year Results To Be In Line With Market Expectations

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3 Jan 2017 08:07

EG Solutions announces CFO resigns from Aspect Software

(ShareCast News) - Bob Krakauer resigned as chief financial officer of US firm Aspect Software, the partner of AIM-listed EG Solutions, a back office workforce optimisation company, on Tuesday. EG Solutions said that Krakauer will remain on the board of the company as a non-executive director "in li

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15 Nov 2016 08:28

EG Solutions wins £1.3m contract with retail energy supplier

(ShareCast News) - Back-office software company EG Solutions has won its first mobile and multilingual contract with a retail energy company, worth £1.3m. The AIM-listed company will implement its EG operational intelligence software and EG mobile product across 500 back office, call centres and sal

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18 Aug 2016 13:55

EG Solutions partner secures $1m contract

(ShareCast News) - AIM-listed EG Solutions said on Thursday that its partner Aspect Software Inc. has closed a three-year contract with an unnamed social networking corporation to supply EG's back office optimisation software. The initial contract is valued at $1m, with up to 4,000 licences being

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4 Jul 2016 12:30

Michael Woolley appointed CFO of EG Solutions

(ShareCast News) - Michael Woolley has been appointed chief financial officer of optimisation software company EG Solutions with immediate effect. Woolley, 29, joined EG in November 2014 from Pets at Home, where he was senior management accountant and was involved in the company's initial public off

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4 Jul 2016 07:23

EG Solutions Promotes Michael Woolley To Chief Financial Officer

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13 Jun 2016 07:14

Four EG Solution Directors Resign, Nigel Payne To Takeover As Chairman

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9 Jun 2016 08:03

EG Solutions Affirms Profit Guidance But First Half To Miss Guidance

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26 May 2016 13:18

Eg Solutions Says Strategic Partner Emerges From Bankruptcy

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16 May 2016 15:10

AGM, EGM Calendar - Week Ahead

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23 Mar 2016 10:20

EG Solutions Stays In Profit Despite More Sales And Marketing Spending

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16 Mar 2016 16:06

Earnings, Trading Statements Calendar - Week Ahead

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