Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGHT.L Share News (GHT)

  • There is currently no data for GHT

TechMARK movers: Gresham sells storage unit

Mon, 19th Oct 2009 15:30
Real-time financial software provider Gresham Computing is selling its Storage Director business for an initial $1.4m in staggered payments. Fully listed-Gresham will receive $600,000 - $500,000 after expenses - of the initial payment this year with the rest payable in two instalments in 2010. Gresham could receive a further $1.8m based on a minority share of future sales over the next five years. As well as the cash inflow, the disposal will enable Gresham to reduce costs by £900,000 a year. Gresham is in the process of matching costs to its recurring revenues, according to its interim management statement. The board says that Gresham is on course to reduce annual costs by £2.6m during 2009.Price comparison web site Gocompare.com has chosen Autonomy's multivariable testing solution, Optimost, to rotate the content on its web site. The Autonomy Optimost solution enables businesses to vary the content that new visitors see, and then calculate which design secures the highest number of visitors to the site. Gocompare.com said it saw a significant increase in its click-through rate (CTR) after using the Optimost solution on its car insurance landing page. No financial details of the contractual arrangement were revealed.FTSE TechMARK - FallersGresham Computing (GHT) 29.00p -6.45%Oxford Biomedica (OXB) 15.00p -4.76%ProStrakan (PSK) 121.75p -4.32%Kewill (KWL) 90.00p -4.00%NCC Group (NCC) 390.00p -3.70%Torotrak (TRK) 26.50p -3.64%NXT (NTX) 16.00p -3.03%Filtronic (FTC) 36.00p -2.70%Morse (MOR) 37.50p -2.60%Wolfson Microelectronics (WLF) 123.50p -2.18%FTSE TechMARK - RisersPhytopharm (PYM) 22.00p +11.39%Parity Group (PTY) 18.00p +5.88%Innovation Group (TIG) 13.50p +3.85%Phoenix IT Group (PNX) 249.00p +3.32%Ark Therapeutics (AKT) 47.00p +3.30%RM Group (RM.) 169.00p +2.74%Psion (PON) 120.00p +2.56%Skyepharma (SKP) 88.00p +2.33%Xaar (XAR) 92.00p +2.22%Biocompatibles International (BII) 215.50p +1.89%

Related News

IN BRIEF: Gresham Technologies takeover becomes effective
9 Jul 2024

IN BRIEF: Gresham Technologies takeover becomes effective

Gresham Technologies PLC - London-based software and services for data integrity and financial management - Takeover by STG Partners LLC takes effect ...

IN BRIEF: Gresham Technologies bid scheme sanctioned by High Court
5 Jul 2024

IN BRIEF: Gresham Technologies bid scheme sanctioned by High Court

Gresham Technologies PLC - London-based software and services for data integrity and financial management - High Court grants the scheme court order s...

GHT.L News

London open: Blue chips open lower
5 Jan 2011

London open: Blue chips open lower

London has opened weaker, continuing the softer trend seen towards the end of yesterday's session with retailers and food groups under pressure. The ...

Gresham Computing keeps getting better
5 Jan 2011

Gresham Computing keeps getting better

Trading has continued to improve at banking software company Gresham Computing which made a profit in the fourth quarter. Business had already improv...

TechMARK movers: Biocompatibles perks up
28 Oct 2010

TechMARK movers: Biocompatibles perks up

Medical devices developer Biocompatibles International has jumped 10% on news that its talks with a potential bidder are getting more serious. Shares...

Gresham crawls back into the black
10 Aug 2010

Gresham crawls back into the black

Real time financial solutions provider Gresham Computing said performance in the first half of 2010 was ahead of expectations as the company returned ...

Small caps round-up: Ithaca, Ambrian Capital, Providence...
6 Jul 2010

Small caps round-up: Ithaca, Ambrian Capital, Providence...

Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 produ...

UK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut
6 Jul 2010

UK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut

Dow 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 RM ...

Gresham Computing Says Trading Remains Ahead Of Mgmt View
6 Jul 2010

Gresham Computing Says Trading Remains Ahead Of Mgmt View

LONDON (Dow Jones)--Gresham Computing PLC (GHT.LN) Tuesday said it continues to trade ahead of its management's expectations, as the improvement in tr...

TechMARK movers: Gresham falls ahead of index exit
17 Jun 2010

TechMARK movers: Gresham falls ahead of index exit

Shares in Gresham Computing have fallen ahead of the software company's exclusion from the TechMARK Focus index next Monday. There was a spike downw...