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Shares Phorm, a company which delivers targeted advertising based on the websites that users visit, rose after initial trials in Turkey showed it can now use ISP data to profitably show targeted text advertising without using a search engine. The group, which works by scanning keywords on websites
Read moreShares in Phorm, a targeted Internet advertising technology company, has told investors that there has been a delay to its subscription agreement which was made to raise 20m pounds in funding. The delay is due to problems with one of the parties involved in the deal. More positively, the company
Read moreShares in Lighthouse Group, the financial advice and wealth management group, plunged on Monday after the company proposed to cancel its listing on AIM. The group must receive approval from shareholders representing at least three-quarters of the company's shares for the cancellation to be approved.
Read moreClaims management provider RiIG said it had secured a contract with a bank to help it administer payouts following the payment protection insurance scandal. The firm said initial indications were the deal would bring in over £750,000 in turnover during the second half of 2012. "There is potential th
Read moreA confident start was derailed by worse than expected inflation figures and a rally in the final hour of trading only brought out profit takers right at the death, leaving Footsie in the red. UK annual inflation rose faster than predicted in February, as surging utility bills drove up living costs.
Read moreTargeted online advertising firm Phorm is raising £16.1m from the issue of loan notes with an annualised interest charge of 15%. Existing loan notes worth £6.1m will be cancelled so the net cash inflow will be £10m before expenses. The loan notes are repayable at the end of October 2013 and the
Read moreLONDON (Dow Jones)--Phorm Inc (PHRM.LN), a personalization technology company, said Wednesday that for the year ended Dec. 31, 2009, it made a pretax loss of $29.7 million compared with a loss of $48.0 million. MAIN FACTS: -Revenue $nil (2008: $nil) -Operating loss (before non-cash share
Read moreThe Office of Fair Trading (OFT) has called on the Internet Advertising Bureau (IAB), the trade association for online advertising, to address privacy concerns about online behavioural advertising. The OFT has published a report on online targeted advertising and pricing in which it says more could
Read morePersonal debt reduction specialist Cleardebt found plenty of takers for its services in the second half of last year, as revenue grew 57% to £2.3m from £1.5m in the second half of 2008. Profit before tax improved to £0.43m from £0.10m, albeit after the recognition of a £0.25m gain on a bargain purch
Read morePhorm is still awaiting its first revenues from its controversial software which anonymously tracks users' browsing habits in order to target them with more relevant advertising, but it did sharply reduce pre-tax losses in the first half of 2009. Loss before tax was $15.0m, compared to a loss of $2
Read moreRolls-Royce is fighting a last-ditch battle to stop Barack Obama axing a military-engine contract that could see it share an estimated $50bn (£30.7bn) in sales over the next two decades. The aero-engine maker was last week lobbying in Washington to prevent funding being withdrawn for its engine for
Read moreThe decline of the Footsie gathered pace in the final hour as miners, which had provided some measure of support for the blue-chip index for most of the day, turned lower. As global equity markets continue to retreat life assurance stocks were the main losers. Aviva, Legal & General and Prudential
Read morePhorm, the Internet advertising technology firm, received another blow yesterday when TalkTalk, the Internet service provider owned by Carphone Warehouse, closed the door on using Phorm's Webwise product. The move, announced on Wednesday, follows hot on the heels of the decision by BT on Monday not
Read moreShares in Internet advertising technology firm Phorm took a tumble after telecoms giant BT opted not to proceed with trials of Phorm's Webwise technology. BT, which has 4.8m broadband customers, said the decision was taken to enable it to focus on "our public commitment to developing next-generatio
Read morePhorm, which makes software that tracks Internet users' browsing habits so that they can be targeted with more relevant advertising, saw losses rise by 50% last year. Loss before tax widened to $48m in 2008 from $32.2m in 2007, as sales and administrative expenses ballooned to $42.2m from $32.8m th
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