Technology group OMG has sold its House of Moves (HOM) subsidiary, a service-based motion capture business, for £0.8m. The company will receive £0.3m as an initial payment, with the remainder to be received in installments over a four-year periods. The move came after OMG decided that HOM no longer
Read moreMining stocks led the downside after metals consumer China disappointed with its manufacturing data and metal prices fell. Fresnillo, Randgold Resources, Anglo American, Rio Tinto and BHP Billiton all fell into the red. BHP was still under pressure in the aftermath of Tuesday's underwhelming plans
Read more- Healthcare stocks lift FTSE - German PMI data drives sentiment - Investors look ahead to Draghi speech - UK retail sales disappoint techMARK 2,819.77 +0.82% FTSE 100 6,777.66 +0.33% FTSE 250 15,838.57 +0.57% London's blue chips ended Thursday's session on a positive note, led by Astrazeneca. Inc
Read moreEnergy group OMG has strengthened its streaming data intelligence after signing a second contract with the UK Ministry of Defence (MoD). The partnership is between OMG's defence and security division, 2d3 Sensing, and the MoD's Defence Science and Technology Laboratory Centre for Defence Enterpris
Read moreLONDON (Alliance News) - OMG PLC Wednesday reiterated confidence in meeting market expectations for the full year, even as it reported a wider pretax loss for the half year to end-March due to the costs of getting its new consumer market camera off the ground. The company posted a pretax lo
Read moreLONDON (Alliance News) - OMG PLC Wednesday reiterated confidence in meeting market expectations for the full year even as it reported a wider pretax loss the half year to end-March due to its new consumer segment struggling to take off. OMG produces imaging technology for a variety of marke
Read more- Half-year losses widen - Eyes more heavily weighted second-half - Confident of meeting full-year targets AIM-listed technology firm OMG said half-year losses widened but, as it enters its busier second half, it remains confident of meeting current expectations for the year. The motion capture sp
Read moreLONDON (Alliance News) - UK shares have opened mostly lower, with small-caps slightly outperforming Wednesday ahead of the Queen's Speech and further European economic data.
Starting the trading day on a negative note, Tesco PLC reported a sharp drop in sales in the
AIM-listed technology OMG has won a contract with Telford and Wrekin Council, which includes surveys, professional services and software. The deal will contribute approximately £0.2m to group revenue over the life of the contract, with the software and professional services contracts running over
Read moreLONDON (Alliance News) - Imaging technology company OMG PLC Wednesday said it had won a contract from Telford and Wrekin Council, under which its infrastructure asset management technology arm Yotta will provide surveys, professional services and software to help it manage its street works and hi
Read moreLONDON (Alliance News) - OMG PLC said Wednesday that one of its long standing customers, Oxford Gait Lab, has upgraded its system to a T-Series system with Bonita Video cameras. OMG develops and products imaging products for the entertainment, defence, life science and engineering industrie
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