LONDON (Alliance News) - Ultima Networks PLC Friday said it swung to a loss in 2013 due to falling sales and exceptional restructuring costs and legal expenses from a litigation. In 2013, the group recorded a pretax loss of GBP184,00, compared with a GBP71,000 profit in 2012, after it booke
Read moreEnvironmental Recycling Technologies told investors at Wednesday's annual general meeting that it has been able to appoint a Chief Operating Officer, who will enable the firm to "focus greater resource on new technical and commercial opportunities". The firm expects to be able to appoint a full time
Read moredotDigital, a provider of email marketing services says it has seen a number of key new client wins and extensions over the last few months, including the Environment Agency, Reiss, Logitech, and Moneyfacts Group. Ultima Networks increased profits and revenue in 2011 though cash took a tumble. Ult
Read moreReal Estate investment firm CareCapital has announced it is to forward-sell individual projects to third party landlords in a bid to ensure that financial risk to the group is minimised without forgoing or reducing development profits. The projects have a combined value of £21.8m, of which £14.6m-wo
Read moreUltima Networks jumped by a fifth after the IT and green technology company revealed that 2010 profits will be "materially" ahead of market expectations, while turnover will be broadly in line. The IT services division, Cognito Software, continued to grow through increased sales of its range of sof
Read moreShares in Roxi Petroleum fell back after the Kazakhstan-focused oil explorer reported 'disappointing' results from drilling at one of its wells. It said that 'good quality Jurassic sands were perforated at Well 806, but that 'after perforating the well did not flow naturally.' Chief executive Davi
Read moreCinema chain Cineworld has signed a deal with Quintain Estates for a new multi-screen cinema at Wembley City, the retail park next door to Wembley station. Cineworld has signed a 25 year lease for a new nine screen cinema which will seat 1,800 people in total and is scheduled to open in 2013. It w
Read moreShares in Landore Resources jumped after the Canadian miner said it made a 'significant gold discovery' in its Junior Lake property in the province of Ontario. Shares in Texas-focused oil and gas firm TXO slumped after it said oil production in the six months to September 30 fell to 13,221 barrels
Read moreConstruction and property consultancy firm Cyril Sweett said overall trading for the half year is expected to be in line with expectations but added that there will be a number of one-off costs. Logistics software specialist Kewill expects to report results for the six months ended 30 September in
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