Optimal Payments said a small amount of its customers' personal data has been compromised and is is in the public domain, and this could form part of a more material data breach.
Online and mobile payment services provider Optimal Payments has entered an amended agreement over the acquisition of TK Global Partners.
UK stocks are expected to open flat on Friday morning as market pause for breath ahead of a quiet day, with investors awaiting a pivotal weekend for Greece.
Online payments group Optimal Payments (OPAY) said trading remained strong in recent weeks and that it planned, once its acquisition of rival Skrill is complete, to move from AIM to the main market, where it expects to be eligible for inclusion in the FTSE 250 index.
Online payment solutions provider Optimal Payments said it has acquired Montreal-based mobile platform developer FANS Entertainment Inc for C$16m.
Online and mobile payment processing system provider Optimal Payments has announced it will buy Sentinel Topco Ltd and its units, known as Skrill Group, for £801m.
AIM-listed Optimal Payments said it was eyeing better full year profits thanks to a lower tax rate and strong growth that has seen it meet revenue and earnings expectations.
AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation.
Return excess cash to shareholders or re-invest profitably into the business – if you can – that is the question. Housebuilder Barratt Developments is firmly in the former camp.
In recent times construction and support services firm Carillion has been reducing its UK construction business so as not to have to take on just any low-margin work going. While sensible that resulted in cash outflows and a fall in its share price towards its dividend level, potentially signalling for some that its pay-out might be in danger. Yet that was not the case, as it turned out. As well, the Middle East market has improved since the collapse of the Dubai property bubble and in other hot-spots, with more work around now in the run up to the World Cup in Qatar and the possibility of the Expo being held in Dubai come 2020.
Shares in Optimal Payments jumped on a bullish update, revealing that strong trading has continued since its results in March.
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation.
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling.
Online fashion retailer ASOS on Tuesday again managed to beat market forecasts for Christmas sales. However, there were signs in the latest full-year results that the company is working harder to deliver its impressive growth.
AMEC: Nomura ups target price from 1230p to 1280p and retains a buy recommendation.
Optimal Payments expects 2013 revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) to exceed market forecasts following a strong performance in the second half.
One week after launching online gambling in the US state of New Jersey, 888 Holdings has extended its partnership with AIM-listed Optimal Payments for an integrated suite of payment processing services in the States.
Conglomerates are harder to value and this is certainly the case with Smiths Group, the engineering outfit. While management continues to be convinced of the benefits of operating in different markets, investors have a hard time recognizing that the company's value is greater than the sum of its parts. Hence, there may be a valuation gap, as yesterday's bumper return of cash of 118m pounds - or 30p per share - shows. The company's recent performance has been solid, with cash-flow in the year just completed improving to 237m pounds from 217m pounds. Investors have been rewarded for their patience and there could be more to come. Shares are currently trading at 15.3 times 2013 earnings but only 13.9 times what appear to be reasonable analyst forecasts for 2014.
A round-up of the biggest director deals today so far.
Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform.