Sysgroup Share News (SYS)

SysGroup Interim Profit Down After Disposal But Revenue Surges

SysGroup Agrees To Sell SME Unit, Appoints New Chief Financial Officer

System C agrees 70p a share bid

US-based McKesson Corporation is making a recommended offer of 70p a share in cash for healthcare IT provider System C Healthcare. The shares were trading at 46.5p prior to the announcement of bid talks. The bid values AIM-quoted System C at £87m. System C has net cash of £15.7m. Shareholders on th

Thursday tips round-up: Renishaw, RSA, Cookson

Niche engineer Renishaw's halfway statement to January 26 yesterday was full of superlatives. First-half revenues were 26% higher than their previous high point and pre-tax profits were 132% higher. Numis Securities calculates £72.2m in profits this year against less than £30m last time, which puts

Small caps round-up: Patagonia Gold, Charles Stanley, Jubilee Platinum...

Patagonia Gold has risen on news that final results from the recently completed drill campaign on the COSE project in Argentina have revealed more "exceptionally high grade" gold and silver. A potential new mineralised vein has also been discovered at Cap-Oeste with drill-hole CO-166-D which inters

System C's revenue jumps 75%

Soaring revenues drove profits higher at health and social care group System C Healthcare in the year ended 31 May. Revenue jumped 75% to £38.1m, up from £21.9m the previous year. This was driven primarily by recent product acquisitions, including the purchase of Liquidlogic, a provider of IT solut

Broker tips: Next, Gable, System C

It's been a busy morning for retailers and Nomura Securities is sticking with the programme with an appreciation of recent results from fashion retailer Next. "Next first-half results had it all for the bulls. Confidence in product, a pipeline of profitable/high return on invested capital space, ac

Broker snap: NHS changes hit System C

Daniel Stewart has lowered its full year revenue outlook for System C Healthcare after the company reported on Wednesday that the fast pace of structural change within the NHS has resulted in a sharp downturn in demand for its services. The broker is now projecting revenue for the year to May 2011

UK SMALLCAP ROUNDUP: GMA Resources Rises On Equity Talks

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps GMA RESOURCES PLC (GMA.LN), a gold miner, Tuesday said it is in talks with a potential provider of new equity capital. The company said it expects to

UK SMALLCAP ROUNDUP: NewRiver Retail Eyes Maiden Dividend

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps NEWRIVER RETAIL LTD. (NRR.LN), a retail property group, said it hopes to declare its maiden dividend in the next 12 months. "I would be disappointed

Small caps round-up: Sopheon, Hargreaves Services, Global Energy,...

Hargreaves Services, which provides support services to the energy sector, said overall results are expected to be in line with management expectations. "The board remain confident about the prospects for the group. The board is particularly excited by the prospects of the Tower project and please

System C Sees FY10 Revenue Up 75% On Yr But Spending Cuts Risk

LONDON (Dow Jones)--System C Healthcare PLC (SYS.LN) Tuesday said it expects 2010 fiscal-year revenue to jump 75% on the year but revenue in the short-term is at risk from U.K. government spending cuts. The provider of specialist IT products and services to the health and social care sectors sai

London close: Footsie weakness continues

Shares continued their weak run of recent days, with the FTSE 100 ending the day deep in the red. Mining stocks fell on enduring concerns that the Chinese authorities will introduce further measures aimed at cooling down the country's overheating economy. Xstrata, Fresnillo and Anglo American are t

London afternoon: Stocks stuck in reverse

London's attempts at a rally fizzled out over the lunch time session though the Footsie is trying once more at the mid-afternoon point to climb the mountain. Mining stocks continue to impede the blue-chip index's progress, however, on enduring concerns that the Chinese authorities will introduce f

London midday: Miners pull blue chips lower

Footsie is trying to rally after an early sell-off on fears that China is planning fiscal measures to cool growth. Mining stocks once again feature prominently among the laggards, with Xstrata, Fresnillo and Anglo American the worst hit. Mining giant Vedanta Resources is also lower despite seeing