Webis Share News (WEB)

Webis Holdings Swings to First-Half Profit On 11% Rise In Revenues

LONDON (Alliance News) - Gaming group Webis Holdings PLC Friday said it swung to a profit for the first half of the year, boosted by a 11% rise in revenues. In what it said is traditionally the quieter half of its financial year, the group reported revenues of GBP79.2 million for the 26 wee

UK MORNING BRIEFING: RBS, Glaxo Among The Early Risers

LONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.

The London equity markets are hi

Webis Shares Up 30% As Company Swings To Operating Profit, Increases Revenues

Webis pares losses

Online gaming group Webis cuts its losses in the year to end of May but said trading remained challenging. The firm posted a loss for the period of £110,000, acompared to a loss of £337,000 in 2010. Group turnover for the year fell from £114m to £106m. It said that after "a much improved performa

Payment issues hit Webis

Webis, the operator of the betinternet.com betting site, fell after saying payment issues hurt margins in the year to 29 May. "Most payment processors and banks have been cautious with regards to the provision of services and the few that have done so have proven to be inconsistent and expensive,"

Small caps round-up: Mariana, Webis, Strategic Thought ...

Mariana Resources has found three new high gold intersections from follow up drilling at the Calandria Norte target. "They highlight the potential for high grade vein-breccias at Las Calandrias and Calandria Norte in particular, in addition to the bulk tonnage style gold mineralizati

London close: Triple digit gains

Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric

London afternoon: Good start to US results season lifts UK

Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio

London midday: Stocks kick on as inflation eases

Inflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati

London open: Steady start for blue chips

Footsie has made a healthy start with another good news day for BP helping the oil giant recover further. BP shares are up another 4% so far this morning on hopes it is near to stemming the flow of oil spilling into the Gulf of Mexico. A new 75-tonne steel cap was lowered over the damaged well lat

Webis Holdings Sees FY10 'Significantly' Below FY09 >WEB.LN

LONDON (Dow Jones)--Webis Holdings PLC (WEB.LN), the global on-line gaming group, said Tuesday trading for the year ended May 31 will be significantly below the directors' previous expectations, despite betinternet achieving a significantly higher than expected turnover for the World Cup with very f

Webis to miss FY forecasts

Online betting group Webis warned that trading for the full year ended 30 May 2010 will be significantly below the group's previous expectations. "This fall was primarily as a result of the previously notified reduction in casino play, where the 'high-roller' business that the operation had previou

High-rollers desert Webis

Online gaming group Webis says that trading is below expectations because of lower margins at its betinternet.com subsidiary. The news knocked 0.62p off the share price, taking it to 2.62p and making it one of the worst performers of the day. A lack of high-rollers for the casino business and u

London close: Footsie dips into the red

A late swoon saw London's blue-chip index give up the gains of the morning to close marginally lower on the day, as investors banked profits ahead of the Federal Reserve's decision this evening on US interest rates and its quantitative easing (QE) programme. The morning's gains had been achieved on

London afternoon: Footsie nears intra-day high

The market's climb regained momentum over the lunchtime session. Investors have been put in the mood to buy by the prospect of the Bank of England increasing its quantitative easing programme some time in the future. The minutes to the most recent meeting of the Bank of England's Monetary Policy co