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Ronny Hermansen, the finance director of diagnostics firm Axis-Shield, has invested £31,000 in the company. Hermansen has acquired 10,000 shares at 313.5p each, which takes his stake to 113,498 shares. Axis announced a maiden dividend of 1p a share when it released its 2010 figures last week. Th
Read moreBig screen renter Avesco cut losses sharply in its latest quarter and said activity in its markets has picked up. Revenue rose to £30.5m in the three months to December from £23.8m with losses reducing to £0.5m from £1.8m. "It does appear that a real momentum has returned to the business and that
Read moreDiagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.
Read moreShares in Deltex Medical, which makes technology to measure blood flow in patients undergoing surgery, climbed after it said sales for 2010 are expected to have exceeded £6.25m. Sales increased in all key markets, the company said. Monitise continues to benefit from the increasing trend of shoppers
Read moreHargreaves Lansdown founder Stephen Lansdown has sold nearly 3% of the company. Lansdown sold 13.56m shares at 429p each, which raised £58.18m. That leaves Lansdown with 20.1% of the financial adviser. Wealth management firm Hargreaves Lansdown reported a record year to June 2010 despite tough m
Read moreDebt advisor Fairpoint reported a 9% increase in half year profit as the group cut costs and the number of customers seeking its advice rose. Adjusted pre-tax profit rose to £2.6m for the six months ended 30 June 2010 from £2.4m before. Revenue was £13.9m little changed from £13.8m in the year earl
Read moreConsumer debt consultant Fairpoint Group said trading in the first half of its financial year has been in line with expectations, with revenues and profits marginally ahead of last year. The company has acquired price comparison web site Moneyextra.com in a move that should increase non-IVA (indiv
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DP POLAND, a new firm that has secured the Polish franchise for major pizza delivery brand Domino's Pizza Inc. (DPZ), Wednesday said it plans to raise GB
Read moreBy Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. consumer debt adviser Fairpoint Group PLC (FRP.LN) expects to get around a third of its group revenue from "value-added services" by the end of 2010, Chief Executive Chris Moat said Wednesday, as the company looks to increase
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SSL INTERNATIONAL PLC (SSL.LN), the maker of Durex condoms, said it agreed terms for a GBP2.54 billion takeover by household products maker Reckitt Benck
Read moreLONDON (Dow Jones)--U.K. consumer debt adviser Fairpoint Group PLC (FRP.LN) Wednesday said it has agreed to buy price comparison website Moneyextra.com Ltd for an expected cost of GBP8 million as it looks to increase customer numbers by offering more money-saving products. Fairpoint, which provi
Read moreTIDMFRP RNS Number : 6542P Fairpoint Group PLC 21 July 2010 ? 21 July 2010 Fairpoint Group plc Acquisition of Moneyextra.com Limited Fairpoint Group plc ("Fairpoint" or the "Group") is pleased to announce that it has accelerated its strategy
Read moreCreat Resources, which bought exploration licence EL21/2004 near Mount Dundas, Western Tasmania for its nickel, has welcomed the potential economic presence of tin. It plans to drill the Razorback and Grand Prize tin mines to a higher resource confidence level, which should increase value to shareh
Read moreEquities staged a rally in the afternoon session but it was not enough to push the Footsie back into the black, largely because of weak miners, which took fright at moves by the Chinese central bank to cool down the economy by increasing the reserves ratio for Chinese commercial banks. Fresnillo, L
Read moreNews that China has raised the reserve requirements for its banks in an attempt to choke growth in the economy has spooked global markets, including London. The prospect of China slowing down economic expansion does not sit well with miners such as Fresnillo, Lonmin, Kazakhmys, Vedanta and Xstrata,
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