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African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating. Belvoir L
Read moreGlobo reported on Monday a 28.3 per cent increase in annual revenue on the back of sales of its GO!Enterprise smart phone technology. Total revenue for the year ended December 31st 2012 came to €58.1m, up from €45.3m the year earlier. Earnings before interest, tax, depreciation and amortisation (E
Read moreTechnology developer Globo has joined the AIM 100 index on the London Stock Exchange, the company said Monday. The group was added to the index following a quarterly review by the FTSE. Globo's shares have also been added on the reserve list for the FTSE AIM UK 50 index. It comes after Globo sai
Read moreGlobo advanced 10 per cent Friday after the mobile and software company forecast full-year revenues ahead of market expectations. The AIM-listed group pegged revenues at €58m for the year to December 31st, a 28% increase from the previous year. Revenue from continuing operations - excluding an e
Read moreGlobo, an international mobile solutions and software as a service (SaaS) provider, has scored a new contract with a Tier-1 European mobile network operator (MNO), for the commercial launch of its GO!Enterprise service. This is the second contract of its type and will target the commercialisation
Read moreA sharp fall by Sage saw the software and computer services sector drop to the bottom of the pile on Wednesday afternoon. Sage Accountancy software group Sage reported broadly in-line full-year figures with organic revenue growth up 2%, marking a slowdown from the 4% growth in 2011. Chief Execut
Read moreInternational mobile solutions provider Globo has sold its majority share in subsidiary Globo Technologies S.A. (GT) for a total consideration of 11.2m euros. The divestment saw GT's seven-strong management team execute a management buy-out for a 51% share in the company. GT operates in Greece an
Read moreMobile software business Globo has signed its first distribution agreement for the UK & Ireland with Computerlinks, a global distributor of IT security and internet technology. Under the agreement Computerlinks will distribute Globo's enterprise software products, known as GO!Enterprise through its
Read moreThe Chief Executive of BHP Billiton, the dual-listed mining titan, has paid off a significant tax obligation resulting from an earlier long-term incentive bonus with the sale of both UK- and Australia-listed shares. Marius Kloppers, who has held the role of CEO since October 2007, has settled the
Read moreShares of mobile and software solutions provider Globo fell despite reporting a massive 85 per cent surge in interim pre-tax profit following strong international demand. Pre-tax profits at the firm increased to €5.86m in the six months to the end of June from €3.18m the year before. Revenues rose
Read moreGLOBO, a mobile solutions and software as a service (SaaS) provider, has signed a new contract with a European mobile network operator, for the commercial launch of its GO!Enterprise Server. The contract, which is the first of its type for the server product, targets commercialisation of both GO!En
Read moreGlobo, a mobile solutions and software as a service (SaaS) provider, has formed an agreement with ASBISC Enterprises, a distributor of Information Technology products into the emerging markets of Europe, Middle East and Africa, to distribute the GO!Enterprise Server products in key markets. The in
Read moreGlobo, the mobile telecoms and software firm, said trading during 2012 to date had been strong with international revenues and profits dominating the group's overall performance. During the first five months of 2012, the company won additional contracts with five new Mobile Value Added Services Prov
Read moreThe management of Brainspark, the AIM-listed investment company, has sought to reassure investors nothing is wrong after its share price fell over 30% in the last month. The company's directors said they knew of no reason for the decline. They added that day to day operations continued as normal and
Read moreGlobo, the mobile telecoms and software firm, reported a surge in both revenue and profit in 2011, as demand for its mobile consumer applications rocketed. Revenue was up 46.6% to €45.31m (2010: €30.91m) helped by international revenues which increased by 254.6% from €6.11m to €21.88m. The firm sa
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