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Small cap round-up: dotDigital, Silverdell, HiWave ...

Wed, 30th May 2012 08:54

dotDigital Group, the provider of services to digital marketing professionals, has been selected as one of 50 national finalists out of a field of around 15,000 entrants for the UK in the 2012/13 European Business Awards.Environmental support services group Silverdell is to buy decommissioning and dismantling services provider EDS Group for £15m. The firm called the deal a 'transformational acquisition' that was expected to be immediately earnings enhancing and would create a company with scale and global reach, accelerating its planned expansion into Canada and Australasia. Investors were impressed and pushed the stock up 16% in early morning trading.HiWave Technologies plunged 34% early on after the firm said a development agreement with a major US company had not been finalised and it could not rely on any revenue from this potential contract in the current financial year. This would have an immediate impact on the firm's revenue expectations for the year to September 2012 and would also impact the year to September 2013, it said. The company also announced it had lost £1.76m in the six months to the end of March.Straight, the recycling products and services group, reported a loss before tax of £0.8m in 2011. Revenues also tumbled after the firm, which has sold 25m recycling bins to local authorities, decided to manufacture its own products. It said the benefits from buying its own manufacturing facility had accrued more slowly than anticipated.New shares in Motive Television created under a capital reorganisation programme are expected to start trading on 15 June 2012, the firm said. It was forced into the plan after it saw shares trading at a price that was less than their nominal value.Software Quality Systems, the software testing firm, said it had a substantial pipeline of new business and continued to push further into existing sectors, in a update ahead of its AGM. The company said that these factors, combined with a strategy of focusing on larger contracts gave it confidence it would meet full year market expectations.mm
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20 Jul 2011 16:39

London close: Debt hopes boost markets

Shares moved higher on both sides of the Atlantic amid hopes that European and US leaders are making progress towards agreeing solutions to debt problems. It was US corporate news that boosted today's star sector in London though. Chip companies ARM Holdings and Imagination Technologies sizzled aft

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20 Jul 2011 13:10

Laptop TV advance boosts Motive Television

Shares in Motive Television jumped after it said it had developed technology that allows viewers to watch pre-recorded audio-visual material on their laptops, Apple iPads and other tablet and mobile devices. "The advancement allows viewers to transfer a recorded file from their set-top box to a sec

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18 Feb 2011 07:58

Small caps round-up: Blinkx, Motive Television, Noventa

Video search engine specialist blinkx said its technology is slated to be available soon through the applications (apps) library of Boxee, the company that produces a box that finds shows and films on the internet and streams them to a television set. The blinkx app for Boxee gives users the abili

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18 Oct 2010 10:26

Small caps round-up: Brady, i-Design, Nanoco, Rambler Metals

Brady, which makes software for commodities traders, is to provide its integrated software to BTI Bulk Trading International (BTI), a Swiss-based trading company involved in dealing in fuels for power generators, cement and steel factories and base metals. Shares in i-design, which makes adverts fo

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20 Sep 2010 16:40

London close: Second wind lifts Footsie higher

A strong start on Wall Street ensured Footsie finished with good gains having started the day on a strong footing. US shares moved ahead including housebuilder and economic bellwether Lennar, which beat profit forecasts. Part-nationalised banking giant Lloyds Banking held up well after it was ann

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20 Sep 2010 14:29

London afternoon: Lloyds up as Daniels names exit date

Stocks gave up a proportion of their gains over the lunch time session despite expectations of a firm start on Wall Street. Part-nationalised banking giant Lloyds Banking is holding up well after it was announced that chief executive Eric Daniels is to retire in a year's time. The move was not unex

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20 Sep 2010 12:09

London midday: US coast guard verdicts lifts BP

Investors are in an optimistic frame of mind ahead of the Federal Reserve's Federal Open Market Committee (FOMC) meeting tomorrow. The 'glass half full' crowd are expecting the FOMC to announce further measures to revitalise the global economy. Barely a dozen Footsie constituents are in the red, an

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20 Sep 2010 08:37

London open: Bright start for blue chips

UK blue chips have made good ground in early dealings with oil and mining groups in demand. BP is the top performer after the US coast guard signalled that the oil spill into the Gulf of Mexico has been permanently sealed. US authorities described the leak from the Macondo well in the Gulf of Mexic

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20 Sep 2010 07:46

Motive secures Adecq funding

Motive Television has raised the £4.75m in needs to buy Adecq Digital, the digital terrestrial television technology company confirmed Monday. The acquisition, announced last week, was being funded by a subscription for £4.75m nominal of convertible loan notes and 71.25m subscription warrants. In

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2 Aug 2010 08:34

Motive Television Launch Of TV Nova Pilot

LONDON (Dow Jones)--Motive Television PLC (MTV.LN), a broadcast television technology and solutions provider, said Monday that it has successfully launched a pilot scheme using the BesTVtechnology, for TV Nova, the Prague TV station, and is currently in talks with a number of broadcasters in both Eu

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30 Jun 2010 08:38

Motive Television 2009 Pretax Loss Narrows By 32%

LONDON (Dow Jones)--Motive Television PLC (MTV.LN), a digital television services and solutions group, said Wednesday pretax loss for 2009 narrowed by 32%, adding that over the next 12 months it will focus to ensure the success of the BesTV brand while seeking further opportunities to invest in new

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29 Jun 2010 16:15

Motive Television Sells 49.9% Stake in Unit For GBP204,0000

LONDON (Dow Jones)--Motive Television PLC (MTV.LN), a media investment company, announced Tuesday the sale of its 49.9% stake in independent television production subsidiary, Brown Eyed Boy or BEB, to the U.K. Independent production company, Shine Group Limited for GBP204,000. MAIN FACTS: -M

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23 Dec 2009 16:23

London close: Footsie hits one-month high

The UK's leading index lost a chunk of its gains late on as weak housing data hurt Wall Street, although London still registered its best close in over a month. Despite predictably quiet trade, the FTSE 100 ended ahead for the third session in a row and as high as it's been since 16 November. It w

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23 Dec 2009 14:16

London afternoon: Gains trimmed

London saw its gains pared over the lunch time session in predictably quiet trading. Around one-third of Footsie constituents are now in the red, compared to around one-fifth at midday. Included among the laggards is Cairn Energy, which gives back some of the chunky gains racked up over the first t

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23 Dec 2009 12:14

London midday: M&A activity keeps shares bubbling

The FTSE 100 index hit a 52-week high in the morning session as the pre-Christmas advance continued. Bank of England policymakers voted unanimously to keep interest rates at 0.5% and their programme of quantitative easing (QE) at £200bn when they met earlier this month, it emerged today. Mining gi

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