Proactis up as revenues double
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AIM-listed e-commerce software provider Proactis earned revenues of £52.2 million for the year ended 31st July, 102% higher than during the prior year.
Financial News
New deal for Tracsis doesn’t keep shares on rails
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Traffic data and transportation software outfit Tracsis has announced a new £2 million deal to provide data hosting service for 2 years.
BP shares up after positive third quarter
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Energy giant BP saw its shares climb by 3.36% to 553.20p as it produced 3.6 million barrel equivalent of oil and gas a day during the third quarter.
Victoria plummets on margin and debt news
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AIM-listed floor coverings specialist Victoria has said that it managed to grow sales over the six months ended 29th September, but at a cost.
HSBC share price boosted by positive results
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Shares in financial giant HSBC rose by 4.84% to 634.40p after the company’s reported profits before tax for the first 9 months of 2018 climbed by 12%.
Eland grows on new production
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Nigeria-focused oil and gas outfit Eland Oil & Gas has seen shares climb by 2.27% to 99.20pas it announced the latest well has moved to production.
Mincon dragged down by slowing growth
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AIM-listed Irish engineer Mincon saw shares shrink by 6.37% to 111.01p despite revenues for the first nine months of 2018 rising by 22%.
Royal Bank of Scotland drops as it warns on uncertainties
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Royal Bank of Scotland reported operating profits of £961 million for the third quarter, an improvement over the £871 million booked last year.
Polypipe rises on acquisition news
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Polypipe has announced the acquisition of Manthorpe Building Products, a leader in moulded and extruded plastic and metal fittings.
WPP sinks on sustained sales stagnation
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Shares in advertising giant WPP have plunged 16.95% to 877p as revenues during the third quarter dropped by a further 0.8%.