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EPOTue, 26th Jan 2010 16:25
Earthport, a cross-border payments company, said in a brief statement that it has signed an agreement with American Express to expand its existing foreign exchange international payment service. The launch of the service is expected later in 2013. The company's share price climbed 11.8% to 22.50p
Read moreAdvanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreEarthport, a cross-border payments company, has reported a 21 per cent rise in profits for the period, but saw pre-tax losses widen on the back of rising sales costs and admin expenses. In the full year ended June 30th, revenue climbed from £2.49m to £3.02m year-on-year, while the cost of sales ed
Read moreAfrican Minerals: Citigroup reduces target price from 500p to 470p, buy recommendation reiterated. Alpha Real Trust: Panmure Gordon reduces target price from 77p to 76p, hold recommendation kept. Antofagasta: Alphavalue raises target price from 1073.30p to 1346.40p and upgrades to add. British La
Read moreEarthport, a cross-border payments company, has placed around 55.2m new ordinary shares at 14.5p each, the proceeds of which will be used to accelerate growth, for geographic expansion and representation, continued execution of direct sales strategy and increase sales channel partner programme. Gro
Read moreEarthport, a cross-border payments company, has announced that Zafar Karim, Chief Financial Officer (CFO) and an executive director, is stepping down from the board on October 31st. Having helped turn the company around since his arrival in 2009, Karim is apparently keen to get back to his invest
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
Read moreSynthetic fuels company Oxford Catalysts jumped on Tuesday after the firm said it had been selected to supply technology to the GreenSky London waste-biomass to jet fuel project. GreenSky London has been established to create Europe's first commercial scale sustainable jet fuel facility. Its leadin
Read moreStephen Hill, a Non-Executive Director of IG Group Holdings, the FTSE 250 spread-betting firm, has purchased 111,736 shares. Hill, who worked as the CEO of the Financial Times for Pearson between 1996 and 2002, bought the shares at 444.15p each for a total of £496,275. The purchase comes just a
Read moreSir John Peace, the Chairman of Experian, the FTSE 100 information services firm, sold 12,633 shares in the firm and gave the proceeds to charity. Peace sold the shares at 990p each for a total of £125,067. "In addition, Sir John made an off-market gift of 5,015 Shares to charity for nil considera
Read moreLosses more than doubled at Earthport in line with ballooning administration expenses as the cross-border payments company splurged on pursuing its quest for top line growth last year. Revenue for the second half of 2011 increased 5.3% to £1.39m from £1.32m at the interim stage the year before.
Read moreHSBC: Investec reiterates buy with 800p target. Barclays: Investec reiterates buy with 330p target. Tesco: Nomura maintains buy rating and 500p target. AstraZeneca: Nomura keeps reduce recommendation and 2,400p target. Thorntons: Investec puts 35p target under review, hold rating kept; Merchant
Read moreLoss-making Earthport, the global payments utility, said two new clients have now gone live and have begun to generate revenue for the company. Rev Europe, the global provider of end-to-end payment solutions, selected Earthport to process their bank transfers and settlements for pre-paid card loadi
Read moreDavid Fawcett, group development director at the distribution group Wincanton, has pocketed more than £25,000 from the sale of most of his shares in the firm. He offloaded 15,534 at 1,62.4p a time and now has just 1,397 shares in the company. Wincanton has had a tough time over the past few months
Read moreSurfers' fashion label Hot Tuna blamed a lack of funds to make clothes and tough retail conditions for a sharp fall in revenues in 2009. Revenues fell to £271,000 from £619,000 the previous year, though pre-tax losses narrowed to £543,000 from £688,000. The company also announced that it raised £1.
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