Vitesse Media PLC Share News (VIS)

Vitesse Media Raises GBP265,000 In Placing To Develop Crowd Funding Platform

LONDON (Alliance News) - Vitesse Media PLC said Tuesday that it had raised GBP265,000 through the placing of 12.0 million shares at a price of 2.2 pence, in order to support the development of its new small- and medium-sized enterprise crowd-funding platform. Vitesse said that the placing h

UK MORNING BRIEFING: Shares Open Higher; F&C Agrees Takeover Deal

LONDON (Alliance News) - Shares have opened higher Tuesday ahead of UK GDP figures at 0930 GMT.

A day after confirming an approach by Bank of Montreal, F&C Asset Management said Tuesday it has agreed to be taken over by the Canadian bank in a GBP708 million deal

Vitesse Media Narrows Losses, Remains Confident Ahead Of New Product Launches

Vitesse Media slashes first half losses, looks optimistic

Cost reductions and an improved top line led to business publisher and events organiser Vitesse Media almost halving first half losses. The AIM-listed company, publisher of Growth Company Investor and What Investment among other titles, cut losses before tax 45% to £0.14m in the six months to July

Vitesse Media losses widen

Media, events and research company Vitesse Media said pre-tax losses widened in the first half of the year as revenues tumbled. Pre-tax losses widened to £250,000 in the six months July 31 2012 compared to a loss of £15,000 a year earlier. Revenue fell to £995,000 during the period from £1.51m befo

London midday: Slide continues

The FTSE 100 has continued diving and now looks in danger of dipping below the 5,000 point mark as comments from the US Federal Reserve last night continue to jangle nerves. Miners Xstrata and Kazakhmys are now posting double-digit percentage losses. Luxury fashion group Burberry is also nursing he

Vitesse Media suffers loss after slowdown

Online financial news publisher Vitesse Media fell into losses in the six months to 31 July after experiencing a slowdown that began in April. The company, whose publications include Growth Company Investor, saw revenues fall to £1.51m from £1.56m over the same period the previous year, while a £33

London close: Stocks creep higher again

The top share index inched higher for a second day running on another quiet company news day. UK insurance buyout firm Resolution was wanted after it announced details of a share repurchase programme of up to £250m which is due to start tomorrow. The move is part of its target return of excess cas

London midday: Modest gains for FTSE 100

The FTSE 100 remains in positive territory with the recent calm over the European debt situation continuing. In remarks following a speech in Montreal yesterday the president of the European Central Bank, Jean-ClaudeTrichet, gave a nod of approval to a 'roll-over' of Greek debt In stocks news, UK

Vitesse Media doubles pre-tax profit

Online print publishing and events firm Vitesse Media doubled annual pre-tax profit and expects to see further progress depending on the economic recovery. The group posted a pre-tax profit of £79,937 for the year ended 31 January 201 from a profit of £36,706 a year earlier. Revenue slipped to £3.3

London open: FTSE 100 creeps higher again

It's another quiet day on the company news front, but there are still some interesting price movements on the back of company updates. After a weak start, the top share index is adding to yesterday's slight gains. In the FTSE 100, UK insurance buyout firm Resolution is wanted after it announced det

Sector movers: Media stocks move ahead after updates

A slew of updates from publishers has sent the media sector higher. Specialist publisher and events organiser United Business Media (UBM) pleased the market by announcing that is to acquire Canon Communications, a trade show organiser specialising in the medical devices sector, for £185m. Dods is

Small caps round-up: Beowulf, Anglesey Mining, Avocet...

Mineral exploration outfit Beowulf has added ground after finishing its 32-hole drill programme on its wholly-owned Kallak iron ore deposit in northern Sweden. "We remain convinced of the quality and quantity of our iron ore assets and firmly believe that Kallak will prove to be a major iron ore bo

Vitesse Media FY Pretax Profit GBP36,706 On Revenue GBP3.6M

LONDON (Dow Jones)--Vitesse Media PLC (VIS.LN) said Thursday that for the year ending Jan. 31, it made a pretax profit of GBP36,706 on revenue of GBP3.6 million. MAIN FACTS: -Revenue GBP3.6 million (2009: GBP5.0 million) -Gross profit GBP2.4 million (2009: GBP3.2 million) -Operating

Vitesse Media profits from cuts

Publishing and events firm Vitesse Media turned into profit for the year after it slashed admin costs. Pre-tax profit came in at £36,000 against loss of £493,000 last year despite revenue falling to £3.6m from £4.9m before. Revenues were lower because of continuing difficulties in some print areas.