7 Sep 2015 05:15
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Don't have an account? Click here to register.Monitise no longer in discussions over content business
Tue, 31st May 2016 07:48
(ShareCast News) - AIM-listed mobile payments processor Monitise said discussions regarding a possible sale of its content business, Markco Media, have now ended.Monitise had announced in early March that it was in very early stage discussions regarding a possible disposal.However, the company said on Tuesday that the content business is performing strongly and, together with its expected growth prospects, Monitise has concluded that greater shareholder value can be delivered by keeping the business within the group."The company was also keen to minimise any ongoing uncertainty within the content business given its strong performance."Monitise said it will continue to regularly evaluate all assets within the group to ensure long-term shareholder value is maximised.
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14 Aug 2015 08:48
BUZZ-Monitise: Visa Europe's stake cut hurts shares
** Mobile-banking-software maker Monitise Plc's falls 8 pct, down for the second day after Visa Europe cuts stake in co ** Bottom performer on the FTSE AIM Telecommunications Index and third most traded stock on the London Stock Exchange ** Co said on Wedndesday that Visa Europe Lim
Read more8 Jul 2015 11:57
Monitise suffers after Visa Europe plans to cut stake
Monitise shares were hit by news on Wednesday that Visa, a major shareholder and business partner since 2011, was going to reduce its shareholding in the mobile banking specialist over time. Visa Europe's stake represents 5.3% of Monitise's equity. Monitise, which earlier this year failed in its hu
Read more8 Jul 2015 07:48
BUZZ-Monitise: hits 6-yr low as Visa Europe plans further cut in stake
** Mobile-banking-software maker Monitise Plc's shares fall as much as 22 pct after shareholder Visa Europe plans to further cut its stake in the company ** The company says it had been notified by Visa Europe Ltd that it would reduce its shareholding over time while continuing to work wit
Read more6 Jul 2015 13:56
Monitise lowers revenues forecast for the full year
Monitise, a mobile banking and payments service group, said its revenues will be lower than previously expected due to a "difficult year". The company expects full-year revenue to be between £88-90m, below previous guidance of £90-100m announced in March. However, it also anticipates operating and
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