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Peel Hunts says that 2010/11 results from Shanks were 7% ahead of expectations after the waste management firm made "substantial" progress over the past 12 months, in regards to "expansion, contract wins, cash generation, cost reduction and financial stabilisation." Pre-tax profit for the year ende
Read moreKCOM's target price has been lifted by almost a quarter by finnCap, after positive preliminary results from the telecoms group, in which the dividend delivery and the guidance "ooze[d] confidence." "After the positive surprise at interims of significantly improved dividend guidance of 3.3p, KCOM's
Read moreCash is rolling in at Hull-based telecoms group KCOM and debt at the end of March is expected to be below £85m, comfortably below current market expectations. "We have seen incremental growth in the multi-year contracted order backlog within Kcom during the second half of the financial year," the c
Read moreKCOM is higher after it said that trading is in line with expectations but net debt will be lower than forecast. The telecoms firm has experienced growth in multi-year contracts. Net debt will be below £85m at the end of March 2011. Educational IT supplier RM says that its interim revenues will
Read moreNomura says that while Tesco's international operations are widely acknowledged as under-appreciated, the same can be said of its position in the domestic market as the retailing giant has the headroom to double the number of its UK compact hypermarkets. Analyst Nick Coulter says that Tesco has sco
Read moreA bold statement from management on the growth possibilities of its communications integration arm, plus a still-attractive yield, has prompted finnCap to reiterate its "buy" rating for telecoms group KCOM. KCOM won several contracts during the third quarter, notably: applications integration for V
Read moreThere is little news from TechMARK companies today with many rises based on a handful of shares traded. Telecoms firm KCOM is higher after eight trades, all of which are purchases. The US FDA says that testing and validation methods at Smith & Nephew's Tuttlingen plant in Germany violate rules.
Read moreThe fixed line telecommunications sector is performing well with BT leading the charge, seeing shares rise 2.69% Monday afternoon. KCOM Group, Cable & Wireless Worldwide and TalkTalk are also among the top performers in the sector. Alternative energy is lower with solar wafers supplier PV Crystalo
Read moreBetfair finance director Stephen Morana has bought £100,000 worth of shares in the betting exchange operator following yesterday's share price fall in the back of interim figures. Betfair floated in October at an offer price of 1,300p a share. It dipped below that price prior to the interims and a
Read moreDavid Bramwell has been appointed chairman of audio technologies developer NXT and immediately acquired 1m shares at 3.625p each. Dr Bramwell was previously a director of satellite communications firm Intelek, which was acquired earlier this year. He is a director of Rights and Issues Investment T
Read moreAround 71% of UK homes now have broadband internet access, up from 68% last year, but nearly all of the growth is coming from mobile broadband services. The Communications Market Report (CMR) for 2010 from communications industry watchdog Ofcom shows that new customers for fixed line broadband serv
Read moreBehind the as-expected headlines, water firm Severn Trent has a good story to tell. Most importantly, given the new pricing structure, Severn Trent's cost-cutting plans are on track. Operating expenditure is also in line with forecasts, and below the level set by the regulator. With a price-earnin
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 KCOM GROUP PLC (KCOM.LN), a telecommunications firm, said Friday it has agreed to make pension deficit repayments worth GBP21 million over the next three
Read more(Adds comment) By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. telecommunications provider KCOM Group PLC (KCOM.LN) said Friday it has agreed to make pension deficit repayments worth GBP21 million over the next three years, following a deal with pension trustees aiming
Read moreLONDON (Dow Jones)--KCom Group PLC (KCOM.LN), a U.K. telecommunications provider, said Friday trading for the three months to June 30 has been in line with company expectations. MAIN FACTS: -Consultation on proposals to close KCOM's two defined benefit pension schemes to future accrual whils
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