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BUZZ-Optimal Payments: Up on FCA approval for Skrill deal

Tue, 04th Aug 2015 08:00

** Online money transfer co Optimal Payments upmore than 7 pct after UK's financial watchdog gives its go-aheadfor co's acquisition of European digital payments businessSkrill.

** Best day for the stock in a month with half its 30 dayaverage volume traded in the first hour

** Co says in a statement on Monday that it expects the dealto close on Aug. 10.

** Co said in March that it would buy the maker of theSkrill e-wallet, the biggest competitor to its e-wallet businessNeteller, for an enterprise value of about 1.1 blneuros

** Co said then that the deal would expand its onlinepayment and digital wallet services and reduce dependence on afew large customers, including its biggest in the gaming market

** Numis analysts view deal as "transformational", addingthat Optimal now has all the components in place to perform wellBroker reiterates "buy," TP 450p (Reuters Messaging:noor.hussain.thomsonreuters.com@reuters.net)

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21 Jan 2015 15:30

ANGLE Says Chief Won't Draw Down Further Funds Under Equities First Deal

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14 Jan 2015 14:37

Optimal Payments eyes higher profits after tax gain and revenue growth

AIM-listed Optimal Payments said it was eyeing better full year profits thanks to a lower tax rate and strong growth that has seen it meet revenue and earnings expectations. The online payments group saw its revenues increase to 44% to $365m during the calendar year, while earnings before interest,

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14 Jan 2015 08:53

Optimal Payments Expects To Report Full-Year Revenue, EBITDA Growth

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17 Dec 2014 10:26

BUZZ-Optimal Payments: hits year-low on investor cutting stake

** Online money transfer company Optimal Payments' shares fall as much as 17 pct a day after co's former fourth largest investor cuts its stake. ** Kames Capital reduced its interest to 4.51 pct from an earlier stake of 5.98 pct according to Thomson Reuters data. ** Stock falls on

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17 Nov 2014 11:01

BUZZ-Optimal Payments: up on good forecast, reassurance on CEO loan

** The online money transfer company's shares up as much as 4.6 pct after saying it expected full-year results "at least in line" with market expectations, as it reporting strong H2 trading across all markets. ** "We believe that 'at least' implies, with six weeks of the year remaining, a s

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11 Nov 2014 10:20

UK BROKER RATINGS: Numis Raises Fenner To Buy, Croda To Add

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11 Nov 2014 09:55

Tuesday broker round-up UPDATE

AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation. Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight. BHP Billiton: JP Mor

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12 Sep 2014 17:05

DIRECTOR DEALINGS: Optimal Payments Finance Boss Sells 64,000 Shares

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11 Sep 2014 11:22

Thursday tips round-up: Barratt Developments, Optimal Payments

Return excess cash to shareholders or re-invest profitably into the business – if you can – that is the question. Housebuilder Barratt Developments is firmly in the former camp. The company announced that it had hit a couple of targets earlier than expected, with return-on-capital nearin

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10 Sep 2014 11:31

UK MIDDAY BRIEFING: Standard Life Planning For Possible Union Split

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10 Sep 2014 11:06

UK WINNERS & LOSERS: Investors Encouraged By Kingfisher CEO Change

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10 Sep 2014 08:50

UPDATE 1-Optimal Payments rides high on growing e-wallet business

(Adds CEO comments, share movements) Sept. 10 (Reuters) - Online money transfer company Optimal Payments Plc said it expects to beat its forecast for the full-year after robust sales at its high-margin Neteller e-wallet business drove first-half pretax profit up 78 percent. The compan

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10 Sep 2014 08:08

Optimal Payments Ups Full-Year Outlook After Pretax Profit Jump

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10 Sep 2014 06:30

Optimal Payments first-half profit soars 78 pct

Sept. 10 (Reuters) - Online money transfer company Optimal Payments Plc's first-half pretax profit rose 78 percent, driven by robust sales at its high-margin Neteller e-wallet business. The company, which moves billions of dollars per year in over 200 countries and territories with over 100

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10 Sep 2014 05:21

UK Earnings, Trading Statements Calendar - Week Ahead

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