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Globo, the mobile telecoms and software firm, has purchased Dialect Technologies, a New York specialist provider of Internet protocol (IP) telecoms technologies. The AIM-listed company will pay $0.8m in total, with $0.273m having already been handed over, while $0.227m is due within one year of the
Read moreGlobo, the AIM-listed mobile solutions provider, has seen its share price jump this morning on guidance that full-year performance for 2011 will be ahead of market expectations. Revenues for the year are expected to have risen by around 46% to €45.25m versus €30.91m in 2010. Pre-tax profits, after
Read moreNon-executive director George David has taken advantage of a fall in BP's share price to buy more shares in the company. He took 40,000 American Depositary Receipts (the equivalent of 240,000 shares) taking 20,000 at $35.55 (£23.04) a time and 20,000 at $35.45 a time. The shares have fallen sharpl
Read moreGlobo, the AIM-listed mobile telecoms and software firm, has seen revenues grow by 56.5 per cent to €19.61 million compared in the first half of 2011. Pre-tax profits have more than doubled to €3.18m and EBITDA increased by 49.4 per cent to €7.50 million compared to the same period last year. Glob
Read moreStocks finished higher after an uncertain day in which most attention was focused on a meeting of European finance ministers in Poland. At the meeting, which also included US treasury secretary Timothy Geithner, ministers ruled out further stimulus. European Central Bank president Jean-Claude Trich
Read moreStocks are buoyant again as today's meeting of European finance ministers in Poland generates more optimism over the Eurozone crisis. The meeting will also include US treasury secretary Timothy Geithner, who recently suggested that the continent should "leverage up" the European Financial Stabilit
Read moreTelecommunications software group Globo saw its share price climb higher after it launched a server hosting product for business. GO!Enterprise allows users to mobilise any business operation and build applications that can run on any mobile device, for use by employees or customers use, with compr
Read moreTelecommunications software group Globo recorded a 56% jump in revenue for the six months ended 30 June, bolstered by robust growth in its international mobile market. The total subscribers in the international mobile market came in line with market estimates, and has contributed €7.45m, represent
Read moreTelecommunications software group Globo said trading for the first half of 2011 so far has been in line with market expectations with revenue and profit significantly ahead of the same period in 2010. "This reflects the group's continuing focus on developing its mobile international business which
Read moreA reduction in public sector exposure and an international expansion helped telecommunications software group Globo grow revenues by 31% in 2010, from €23.5m to €30.9m. The private sector now accounts for 99.76% of total revenue, up from 71.6% in 2009. International revenues saw a dramatic rise, f
Read moreTelecommunications software group Globo has raised £17.25m from a "significantly over-subscribed" placing at 15p a share. The fundraising, at a discount of 10% to last night's closing price and heavily backed by UK and international institutional investors, will provide the company with a level of
Read moreIt has been a good day for the electronic and electrical equipment sector, with Globo, Spectris and Morgan Crucible all issuing good news. Telecommunications software group Globo expects profit before tax for 2010 to be in line with forecasts following a better than expected 31% increase in revenue
Read moreInsulation products maker Superglass is experiencing solid trading with specialist distributors and builders' merchants, but, as anticipated, there has been a slow start to the newly extended carbon emissions reduction target (CERT) programme. The expectation is that the company's trading performa
Read moreTelecommunications software group Globo has announced it has raised approximately £2.98m before expenses via a placing of 24,791,666 new ordinary shares of 1p each. The new shares represent 14.2% of the issued share capital of the company as enlarged by the placing, at a price of 12 pence per share
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 PRESIDENT PETROLEUM CO. PLC (PPC.LN), an oil and gas explorer, Monday increased its reserves in the U.S. more than four-fold to 12.9 million barrels of o
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