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2ergo Group has agreed to its conditional sale to Eagle Eye Solutions after it failed to successfully commercialise its podifi technology. 2ergo ltd is being sold for a total of £4.5m, which consists of £2.5m in cash and £2m-worth of shares in Eagle Eye, equal to around 6%, when it floats on AIM i
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LONDON (Alliance News) - The FTSE 100 is set to post its worst January performance for five years after the global equities sell-off resumed Friday amid further concerns about slowing growth in emerging markets and some poor corporate reports in Europe and the US.
The main London in
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Imperial Tobacco Group, up 2.5%. The tobacco giant is the leading gainer in the FTSE 100 after Goldman Sachs raised it to Con
Read moreLONDON (Alliance News) - Mobile payments company 2ergo Group PLC Friday said its losses for its last financial year narrowed - but only when including last year's heavy impairment charges. In a statement, 2ergo, which is the company behind contactless payment system Podifi, said it made a G
Read moreShares in Manchester-based mobile payment technology group 2ergo jumped after confirmation of its management shake-up and following its recent 3.1m-pound fundraising. Specialist technology investment business MXC Capital has come on board taking more than a 10% stake and installing its founding par
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The FTSE Small Cap index and the FTSE AIM All Share index suffer respective falls of 1.8 percent and 1.4 percent, outperforming a 2.4 percent drop from the midcaps . British carrier Flybe advances 2.2 percent after saying costs savings are to exceed its target. AIM-listed mobile techn
Read moreThe decision by mobile solutions company 2ergo to issue shares at a heavily discounted price has paid off, with punters queueing up to get their hands on the company's stock. Numis Securities, which had been given the option by the company to increase the number of shares it placed in the market, h
Read more2ergo Group, a mobile solutions company, has placed 15m new shares with both new and existing shareholders at a price of 10p each, a significant discount to the share price of 38.5p before the announcement. In addition, three of the firm's directors, namely Chief Executive and founder Neale Graham,
Read moreEarlier this month Motive Television exercised its right to purchase CCAN's 32.3 per cent ownership in Motive Television for 70,116 euros, equal to 10 cents per share. Since then, Motive has received an exercise notice granted to CCAN on September 17th 2010, under which Motive granted CCAN a put opt
Read moreMobile marketing solutions specialist 2 Ergo has lowered full-year revenue and earnings guidance after deciding not to reconnect some clients' non-core services following a compliance audit. The group now expects to announce revenue of around £18m for the fiscal year ended August 31st, and to break
Read moreMobile business and marketing solutions company 2ergo saw revenues grow by 7% in the first half, as it was able to offset falling sales at its wholesale business. Group revenue increased from £10.21m to £10.96m during the six months to 28 February, as revenues from its core target market of direct
Read moreEuropa Oil & Gas has packed up its things at the Barchiz-1 oil discovery in Romania after finding the lower part of an oil column with some mud and water. Mountain winter conditions have also convinced the explorer to stop work and come back in the spring when it may try a full flow test of the wel
Read moreAn already buoyant Footsie enjoyed a second wind in late trading as manufacturing data from the US added to hopes that the global economy remains on course for recovery. The Institute for Supply Management's factory index rose to 56.3 from 55.5 in July, against expectations of a decline. That gav
Read moreLeading shares moved sideways over the lunch time session, consolidating the morning's gains. In the battle of the "bid speculation" stocks, package tour operator TUI Travel leapfrogged over Cable & Wireless Worldwide (CWW) to claim the prize as best performing blue-chip. TUI Travel is higher on h
Read moreIrish miner Minco has raised £1.04m through the issue of just over 35m shares at 3.25p each. It will use the money to fund exploration and drilling at the Pallas Green zinc-lead project on the border between the Irish countries Limerick and Tipperary. The project is held in a joint venture with glo
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