Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

STOCKS NEWS EUROPE-UK small caps rise 0.5 percent, outpace FTSE

Mon, 20th Jan 2014 13:12

The FTSE small cap index rises 0.5 percent, ahead of junior-listedAIM shares, which drop 0.1 percent, and the mid-caps and theblue chips, which rise by 0.2 percent and 0.1 percent respectively.

Advertising and marketing firm 4imprint rises 5.3 percent aftersaying profit for the full year in 2013 would not be below 13.3 million pounds($21.87 million), which would be ahead of analysts' expectations.

"A strong (interim management statement) from FOUR this morning highlightsresults set to be 7 percent ahead of expectations ...., strong structural growthin the business, and cash ahead of expectations," WH Ireland says in a note,reiterating a "buy" rating on the stock.

"Progressing well and with technological advantages which are inherent inthe model, we believe a higher rating is justified and are setting a new 775pence target price (15 percent upside) for the present."

The secure payment service provider Eckoh gains 6.4 percent after itsays it has won two new three-year contracts, as well as renewing existingcontracts with three existing clients.

($1 = 0.6081 British pounds)

Reuters messaging rm://alistair.smout.thomsonreuters.com@reuters.net

Related Shares

More News
5 Jun 2024 09:52

LONDON BROKER RATINGS: Berenberg raises Taylor Wimpey to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

22 May 2024 10:33

4imprint starts 2024 strongly as CFO David Seekings set to step down

(Alliance News) - 4imprint Group PLC on Wednesday said it expects annual results in line with expectations, as its finance chief prepares to leave.

22 May 2024 08:36

4Imprint starts year strongly, announces CFO retirement

(Sharecast News) - Promotional products specialist 4imprint Group reported a strong operational and financial performance for the early part of 2024 o...

15 May 2024 16:04

UK shareholder meetings calendar - next 7 days

15 May 2024 16:03

UK earnings, trading statements calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.