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INDWed, 10th Aug 2011 16:43
Internet video security firm IndigoVision said turnover for the year to 31 July 2012 is expected to be not less than £30m. The Scottish technology firm, which sells digital surveillance equipment worldwide, said sales growth in the second half year is expected to exceed 10 per cent and full year sa
Read moreIndigoVision Group, an internet video security company, posted a slight fall in revenues and profit before tax for the half year ended January 31st. Revenue fell from £15m to £14.49m year-on-year while pre-tax profit dropped from £1.4m to £1.3m, mainly as a result of higher research and developmen
Read moreAirline Aer Lingus has confirmed that it is in talks with parties involved with the firm's pension scheme, which is said to be 400 million euros short, equivalent to $525m. The Irish Airlines Superannuation Scheme (IASS) is holding thetaljks with trade unions and Dublin Airport Authority and its uni
Read moreGeorge Osborne was given a boost yesterday after public sector borrowing fell by more than expected last month on the back of the bank levy and the 20% VAT rate. The Office for National Statistics said that public sector net borrowing had fallen to £18.1bn, compared with £20.5bn in November last yea
Read moreSir Michael Rake, the Senior Independent Director of Barclays, has upped his stake in the firm less than a week after the global bank was downgraded by Fitch Ratings. Rake, who is currently also Chairman of telecommunications firm BT Group and Chairman of Easyjet, bought up 5,914 ordinary shares a
Read moreAnnouncing his return to work just six short weeks since taking leave on medical advice, Lloyds boss Antonio Horta-Osorio celebrated his recovery with the purchase of $226,962-worth of shares in the part-nationalised lender. The director, who was signed off sick with extreme fatigue and sleep depr
Read moreInternet video security company IndigoVision said operating profit more than halved as it battles against difficult trading conditions. Operating profit fell to £1.19m for year ended 31 July 2011 compared to £3.05m in the corresponding period in 2010. Revenues rose to £28.9m from £28.0m before.
Read moreThe software and computer services sector was in demand on Wednesday after results and updates from three of its constituents. FTSE 250 legacy software specialist Micro Focus soared after it revealed that it is trading ahead of expectations. The upbeat trading statement made a change from profit wa
Read moreShares are holding onto most of their gains after rallying on the back of the US Federal Reserve's announcement that rates will stay low for two years. Hopes that this will keep the global economy growing has spurred demand for miners, with big-hitters such as Xstrata and Kazakhmys higher, joined b
Read moreJust three stocks were in the red early on, as the Footsie attempted to claw its way back after a week of turmoil in global markets. The US Federal Reserve last night pledged to freeze short-term US interest rates for two years and opened the door to more quantitative easing, in an attempt to resto
Read moreInternet video security company IndigoVision warned that sales and profits for the year ended 31 July will not meet its initial targets. "Generally sales lead times have lengthened as the year has progressed and as a result overall sales and consequently estimated trading profit are below our earli
Read moreAs European leaders seemed to come closer to a solution to the Greek crisis, sentiment was lifted across the continent with markets finishing higher across the board. Despite a poor start, London equities got a boost in the late morning period, helping the Footsie back above the 5,700 mark. A strong
Read moreThe leading share index has hauled itself into positive territory as hopes rise that European leaders will bring the Greek debt situation to a resolution. Germany's Angela Merkel and France's Nicolas Sarkozy called on a new rescue package to be agreed upon as quickly as possible. In corporate news
Read moreThe share price of IndigoVision, the internet video security company, fell by almost a third on Friday after the group warned that sales for the full year will fall short of its expectations. "Since our interim results announcement in March, the Group's rate of growth has slowed. We continue to exp
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