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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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1 Jul 2014 08:53

Optimal Payments Expands In US With USD210.0 Million Meritus Buy

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1 Jul 2014 07:27

UK MORNING BRIEFING: Miners Lead FTSE 100 To Solid Opening Gains

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21 May 2014 12:14

UK MIDDAY BRIEFING: Burberry Profit Up Again On Asian Demand

LONDON (Alliance News) - Burberry Group Wednesday said that demand for its luxury outerwear, leather goods and menswear continued unabated in Asia, driving another increase in its annual profit.

The company said it will increase investments by GBP200 million, pumpin

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21 May 2014 11:37

UK WINNERS & LOSERS: Telecom Plus, Britvic, DCC Lead FTSE 350 Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Petrofac, up 1.8%, and AstraZeneca, up 1.6%. The companies

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21 May 2014 11:23

Optimal Payments pleases with guidance upgrade

Shares in Optimal Payments jumped on a bullish update, revealing that strong trading has continued since its results in March. The AIM-listed online payments company said both revenues and earnings before interest, tax, depreciation and amortisation (EBITDA) for the calendar year were "now forecast

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21 May 2014 08:38

Optimal Payments Forecasts Full-Year Results "Materially Ahead" As Strong Trading Continues

LONDON (Alliance News) - Optimal Payments PLC said Wednesday that both revenue and earnings before interest, taxes, depreciation, and amortisation are now forecast to be "materially ahead of market expectations" in its full-year on the back of strong trading in the year to date. The company

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21 May 2014 07:31

UK MORNING BRIEFING: Shares Open Lower Amid Executive Changes

LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.

A few interesting executive changes have been announced before the London open Wednesday. Read more

1 Apr 2014 16:47

DIRECTOR DEALINGS: Optimal Payments CEO Buys 80,000 Shares

LONDON (Alliance News) - Optimal Payments PLC Tuesday said that President and Chief Executive Officer Joel Leonoff bought 80,000 shares at a price of 373.875 pence per share.

Leonoff now holds the following shareholding in the company:

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28 Mar 2014 13:23

Optimal Payments Annual Pretax Profit Surges

LONDON (Alliance News) - Online and mobile payments company Optimal Payments PLC Friday said its annual pretax profit increased nine times after a strong rise in revenue. Pretax profit rose to USD32.7 million in 2013, from USD3.6 million in 2012. Revenue surged to USD253.4 million, fr

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28 Mar 2014 12:35

Friday broker round-up UPDATE

888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down

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28 Mar 2014 10:18

UK BROKER RATINGS: Jefferies Initiates Coverage Of Five Stocks

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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GOLDMAN RAISES BAT PRICE TARGET TO 3470 (3408) PENCE - 'NEUTRAL'
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GOLDMAN CUTS DIAGEO PRICE TARGET TO 1855

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28 Mar 2014 07:42

MARKET COMMENT: UK Stocks Set To Open Higher Ahead Of GDP Data

LONDON (Alliance News) - UK stocks look set to open marginally higher Friday, amid positive sentiment from Thursday's report of a surge in UK retail sales and a strong reading of UK consumer sentiment overnight. The final reading of fourth-quarter UK GDP is released at 0930 GMT. A mix

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28 Mar 2014 07:24

Optimal Payments profit jumps on e-wallet revenue boost

March 28 (Reuters) - Online money transfer company Optimal Payments Plc's full-year pretax profit soared as sales at its high-margin Neteller e-wallet business jumped. Pretax profit rose to $32.7 million, for the year ended Dec. 31, from $3.6 million a year earlier. Revenue surged 41

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27 Mar 2014 16:59

MARKET COMMENT: FTSE 100 Hit By Regulator Moves; Pound Jumps

LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.<

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27 Mar 2014 16:56

MARKET COMMENT: FTSE 100 Hit By Regulator Moves; Pound Jumps

LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.<

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