eServGlobal Share News (ESG)

MasterCard buys into eServGlobal's international remittance hub

Mobile money specialist eServGlobal has partnered with Mastercard and telecoms wholesaler BICS to create a joint venture that will allow end customers to transfer money internationally via mobile money accounts and other outlets. AIM-listed eServGlobal's HomeSend is a technological hub employed by

Thursday broker round-up UPDATE

AstraZeneca: Alphavalue lowers target price from 3169p to 3087.7p and downgrades from reduce to sell. British American Tabacco: Panmure Gordon reduces target price from 3800p to 3200p and downgrades from buy to hold. Britvic: Investec ups target price from 600p to 672p and maintains a hold recomme

eServeGlobal Adds Philippines Partner To Remittance Service Hub

eServeGlobal Adds Japanese Partner To Remittance Service Hub

eServGlobal Wins Deal To Supply PayMobile Platform To Indosat

eServGlobal expands mobile money services into East Africa

Shares in eServGlobal edged upwards on Tuesday as the group said it is rolling out its mobile money solutions in East Africa. In collaboration with a local mobile network operator serving several African countries, telecoms software outfit eServGlobal will be providing a range of mobile money serv

Sunday newspaper tips round-up: IMI, RPC Group, eServGlobal

A little over a month after going to a 'buy' stance on engineering group IMI the Questor team at The Sunday Telegraph finds it surprising that the company´s shares have continued to slide. That when the shares are now trading on a single-digit earnings multiple which it considers too low for a growt

Slimmed down eServGlobal back in the black

eServGlobal, the Australian mobile money solutions specialists, has soared back into the black despite a loss in revenue. Revenue for the year fell from $78m to $43.8m, but after a significant reduction in costs and additional income, the company returned to profit for the year at $39m (2010: -$32

eServGlobal in dispute with Oracle

eServGlobal, the Australian mobile money solutions specialists, has got itself involved in a dispute with business database software giant Oracle over funds held in escrow following the sale last year to Oracle of its USP business. Oracle claims that it has incurred, or anticipates incurring losses

eServGlobal monitors Middle East situation

AIM-quoted and ASX-listed eServGlobal has refocused its business but unrest in the Middle East could hamper progress. eServGlobal has sold its non-core operations and is concentrating on its mobile money and mobile value-added services operations. It appears that there was a sharp drop in interi

eServGlobal signs up HomeSend customer

MTN Ghana has signed up for AIM-quoted eServGlobal's HomeSend mobile remittance platform. MTN Ghana has signed an agreement with Belgacom International Carrier Services (BICS), enabling international remittances via HomeSend. The service enables people from Ghana working overseas to send money home

Shareholders in favour of eServGlobal distribution

Shareholders have voted in favour of a A$0.33 a share capital distribution by mobile phone payment services provider eServGlobal but the Australian tax authorities have to rule on the tax treatment before any payment is made. The cash was raised when eServGobal sold its USP mobile technology busin

Small caps round-up: Arian, eServGlobal. North River Resources

Arian Silver, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, has raised £3.89m through the placing of 21.6m shares at 18p each. The funds will be used to finance the drilling programme at its San Jose mine. Mobile phone billing softw

Dealings round-up: BlueBay duo cash in

Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager. A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. Th

London close: US sparks Footsie recovery

Footsie finished higher Tuesday after a strong performance by US shares, lifted by consumer confidence figures, hauled London's leading share index out of the red. The mining sector summed up the volatility seen on the markets today. Rio Tinto climbed after it said it had agreed a 33% cut in contra