Hightex Group Share News (HTIG)

UK WINNERS & LOSERS: Standard Life Leads FTSE 100 Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

Standard Life, up 5.2%. The company has agreed to buy Ignis Asset Mana

UPDATE: Hightex Group Slides As It Resumes Trading After Getting Loan Facility

LONDON (Alliance News) - Engineering company Hightex Group PLC saw its shares drop sharply as it resumed trading on AIM Wednesday, a move that came after it signed a loan facility agreement of up to USD10 million, giving it enough money to cover its working capital needs for at least six months.<

Hightex Group Slides As It Resumes Trading After Getting Loan Facility

LONDON (Alliance News) - Engineering company Hightex Group PLC saw its shares drop sharply as it resumed trading on AIM Wednesday, a move that came after it signed a loan facility agreement of up to USD10 million, giving it enough money to cover its working capital needs for at least six months.<

Hightex Takes Loan So Subsidiary Can Pay Creditors

Sector movers: CRH drags construction sector lower

A fall from heavyweight building materials group CRH ensured that the construction and materials sector was in the red today, offsetting a decent performance by second-tier firms Balfour Beatty and Galliford Try. FTSE 100-listed CRH, which has a market capitalisation of around £9.2bn, reported on W

Small caps round-up: Transense Tech, Hightex, Verona Pharma

Transense Technologies, which provides sensor systems for the transportation and industrial markets, has reported that its trading division, Translogik, has received an initial order for its iTrack Tyre Temperature and Pressure Monitoring Systems for mining and off-the-road vehicles from its Indones

Small caps round-up: Byotrol, sareum, KDD ...

Byotrol, an anti-microbial hygiene company, has continued to make progress and has maintained the momentum seen in the second half of last year into the current financial year. The balance sheet continues to remain strong and is well positioned to its objective of positive cash generation at the ear

London close: Triple-digit losses as Euro worries continue

Shares failed to recover from an early slide as ongoing worries over the Eurozone situation continued to cast a shadow. The FTSE 100 closed down 108 points. Greek Prime Minister George Papandreou has cancelled a planned trip to the US to guide Greece through what could be a critical seven day peri

Roof falls in at Hightex

Shares in Hightex fell sharply after the maker of roofs for stadiums said it will see a loss in its interim results after failing meet margin targets on three big contracts. The company is building roofs for the Olympic Stadium in Kiev, Ukraine, the National Stadium in Warsaw, Poland and the BC Pla

Bad start to 2011 at Hightex

Shares in membrane roof specialist Hightex slipped back Wednesday - despite the group seeing a surge in revenues and profits in 2010 - after it revealed a lack of large contracts in the first quarter of the current year. "The directors are disappointed that no significant contracts have been awarde

Broker tips: Micro Focus, K3, Hightex

Investors spooked by the chairman of Micro Focus, Kevin Loosemore, selling a third of his shareholding in the business software maker might feel a lot more sanguine about the company's prospects once they know the circumstances behind the sale, Panmure Gordon reckons. "Mr. and Mrs. Loosemore have j

Broker snap: Sales visibility improves at Hightex

Shares in membrane roofs expert Hightex Group put on a spurt Thursday morning after the company won a €2m contract, but house broker finnCap notes that even after the surge, the shares are still only trading on a projected 2011 earnings multiple of just 5. "All of the revenue [from the contract] wi

Small caps round-up: Forte Energy, Futura Medical, Hightex...

Forte Energy has completed a 7,000m drilling program at its A238 uranium anomaly in the north of its leases in Mauritania and a 1,500m diamond drilling program should be completed next month. "These initial results are from the first pass shallow drilling along strike, and confirm the presence of

Hightex confident of netting deals in Q4

Hightex, the company responsible for large membrane roofs on sports stadia and shopping centres, has met interim targets and is confident of nailing a couple of big deals before the year is out. Pre-tax profit swelled more than four-fold in the six months ended 30 June to €636,000 from €147,000, as

Hightex FD Molter becomes CEO

Hightex, the London-listed firm responsible for the roofs at two of South Africa's new World Cup stadiums, has made finance boss Frank Molter the company's new chief executive. Molter, finance director since March 2004 and chief operating officer for the past two years, "will concentrate on leadin