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Cloud computing provider iomart lifted its dividend by more than half as three acquisitions boosted sales and profits. The highly cash generative company increased revenues 29% to £43.1m in preliminary results for the year to March 31st, with earnings before interest, tax, depreciation, amortisati
Read moreCloud computing firm Iomart said it expects to report full year EBITDA and profit ahead of market forecasts and remains confident of further growth as a growing number of companies sign up for their online services. The aim traded Glasgow-based group said it expects to show an adjusted EBITDA of no
Read moreAfren: UBS raises target price from 160p to 200p and reiterates a buy recommendation. African Barrick Gold: Westhouse Securities reduces target price from 255p to 195p and keeps a sell recommendation. Antofagasta: Deutsche Bank lowers target price from 1260p to 1150p, while staying with its hold r
Read moreAn Independent Non-executive Director of United Utilities Group doubled her stake in the group with the purchase of 5,000 shares in the company on Tuesday. Sara Weller handed bought the shares at 719.80p each for a total of £35,990. She also purchased a further 531 shares on behalf of a Mr M T Well
Read moreRupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
Read moreAberdeen Asset Management: Peel Hunt downgrades to hold, target price rises to 365p from 350p. Associated British Food: Investec raises target price from 1300p to 1400p, hold recommendation maintained. Barclays: JP Morgan raises target price from 250p to 320p and upgrades to overweight. Beazley:
Read moreIomart, the Glasgow-based cloud computing and managed hosting services group, has reported a strong half year performance and is now confident that its full year results will be ahead of current consensus market expectations. This was as a results of both revenue and profits in the six months ende
Read moreWalter Brown, a Non-Executive Director of UK based gas & oil Forum Energy, has exercised one million shares in the company at 31p each. The £310,000 transaction took place on March 25th, the same day the company unveiled the findings of a report which shows an improvement in the previously known r
Read moreIomart the Glasgow-based cloud computing and managed hosting services group, doubled full year pre-tax profit and lifted revenue by a third. The Aim listed company, which has made three acquisitions in the past year, said pre-tax profit rose to £5.8m for the year ended 31 March 2012 from £2.8m the
Read moreWeb-hosting and data storage company Iomart said it has achieved a very strong set of results across both its operating segments, ahead of market forecasts, and is confident of further growth in the next financial year and beyond. The cloud computing firm expects to show an adjusted EBITDA of not
Read moreCloud computing and managed hosting services firm Iomart said half year pre-tax profit more than doubled and said trading in the second half has started well as its pipeline of opportunities continues to strengthen. Pre-tax profit rose to £2.4m for the six months ended 30 September 2011 from £1.2m
Read moreWeir: Peel Hunt upgrades from hold to buy, target cut from 2,100p to 2,000p. Weir: Investec maintains buy rating and 2,250p target. Compass: Panmure Gordon raises target from 643p to 658p, buy rating unchanged. Smith & Nephew: Panmure Gordon cuts target from 750p to 640p, buy rating kept. Dixons
Read moreIomart, the cloud computing and managed hosting company, put in a strong performance in the six months to the end of September. Revenues and profits were significantly ahead of the comparative period last year and consequently the firm is confident that the financial performance of the group for t
Read moreCroda's chief executive Martin Flower spent more than £56,000 on shares in the speciality chemicals company - only to see the value of the shares fall on the back of its interim results. He took 3,000 shares at 1,892.2p a time and now has nearly 26,000. Shares in the company, which supplies chemica
Read moreAfter a steep decline after lunch - on the back of a poor start on Wall Street - the Footsie recovered to finish above water, albeit only by around 0.1%. US economic data fuelled a brief sell-off just before 2pm after some much weaker than expected jobs data. Just 54,000 new jobs were added in the
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