FTSE 100 succumbs to global profit-taking, closes firmly in red
The UK blue chip index closed down 108.45 points at 7.334, which had been the session low
Company
LON:ECK
Eckoh PLC is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK and US. The company's large portfolio of clients comes from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utilities, insurers and financial services organisations.
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The UK blue chip index closed down 108.45 points at 7.334, which had been the session low
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A glance at some of the day's highlights from the Proactive Investors newswire
Eckoh has left its expectations for the second half unchanged
Lloyds's shares were changing hands at a rate of knots, while the house-builders saw some of their recent handsome gains creamed off
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It's all about the Autumn Budget on Wednesday with the spotlight on Philip Hammond
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The week ahead centres on the Autumn Budget but also sees updates from EasyJet, William Hill, Kingfisher, United Utilities, Mothercare and Fuller Smith & Turner
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A glance at some of the day's highlights from the Proactive Investors newswire
The company has been granted two patents for the technology underlying its secure payments platform, CallGuard
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
In the US, Eckoh won seven new Secure Payments contracts during the period with a total value of US$5.1mln
FTSE 100 closed at 7,542, below last Thursday’s closing high of 7,556.24 while the Dow soared above the 23,000 level today
Nik Philpot, chief executive of the AIM-listed group, said: “The strong progress we have made in the US this year is clear, both in terms of the value of the contracts and the quality of those future earnings"
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Some of today's headlines on the Proactive newswire
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A glance at some of the headlines on the Proactive newswire today...
Risers and fallers: Greatland Gold moves into cobal, Mitie steadies the ship
Eckoh has made a strong start to the new financial year with monthly recurring revenue of almost £2mln
Around 8.45am, the UK blue chip index was about 24 points lower at 7,503, having gained around 1% on Friday after international stocks benefited from sterling’s falls
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A glimpse at the small cap stories on Proactive today
Risers and fallers: Bellzone Mining set for Kalia approval, Oracle confident over Thar financing
Humphrey is currently a non-executive director of AVEVA Group, SDL and The Vitec Group
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A glance at the stories on the Proactive newswire today.
Analyst Julie Simmonds at broker Panmure Gordon said: “No negative or positive read through on the likely outcome of the trial can be made from the statement”
With around an hour and a half of trading to go in London, the FTSE 100 was up about 11 points at 7,308, holding off the day’s peak of 7,322
Payment contracts worth US$8.3mln were picked up in the US last year
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Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
Chrissie Herbert, PayPoint’s former UK and Ireland finance director, takes over from Adam Moloney.
Some of the largest rises and fallers at 3pm: Frontera, Franchise Brands, Starcom
It takes the running total for new business this financial year to US$8mln.
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Also featured: Allergy Therapeutics, DP Poland, Eckoh, Harvest Minerals, Metal Tiger, Scotgold Resources, Sound Energy
Live Chat is a booming segment of online shopping and allows consumers immediate access to information about products and services
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A glance at some of the stories on the Proactive newswire today.
Eckoh will host the service, which will enable the client to manage call delivery and distribution
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A snapshot of the stories on the Proactive newswire today
Growth in the US is such that it will soon become a larger sales generator than the UK.
Revenues climbed by 57% to £13.5mln in the six months to 30 September, with the US operation chipping in £4mln from almost nothing.
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Merlin Entertainments is due to release fourth quarter trading update on Tuesday.
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Big names reporting this week: Aberdeen Asset, Merlin Entertainments, Daily Mail, Sage Group and Berkeley Group
Also covered: Blur, Eckoh, Eurasia, FairFX, H&T, Rosslyn, KrisEnergy, Sierra Rutile, Tern, ValiRx, Xtract Resources
Chrissie Herbert comes to this role from her current position as UK and Ireland finance director at PayPoint
Sareum, Faron, WideCells, Abzena and Ergomed were among Monday's small cap highlights
The company has now secured three contracts worth over US$2.5mln in the USA over the next three years.
Two of the contracts are based on the software as a service (SaaS) pricing model
London shares closed sharply higher on Friday and more than erased the previous session’s losses as two unlikely bedfellows – tobacco and pharma stocks – led the gains alongside a rebound by miners which had a difficult week
An unlikely combination of tobacco and drugs stocks are driving the top-share index's advance
Investors got on board the Go-Ahead bus this morning after a strong set of results
W Resources kicks off its Spanish ambitions with a bang, ATTRAQT continues to see strong uptake and Eurasia Mining expects to produce the first concentrate from its West Kytlim alluvial platinum prospect.
Moloney has been with Eckoh for 13 years and is leaving to pursue new opportunities
Eckoh expects the complementary acquisition will be immediately earnings enhancing.
“Eckoh has developed an extremely high class Board which we feel reflects the quality of the international service we offer."
A snapshot of today's small company news highlights
Group revenues topped the house broker's forecast of £21.mln, rising 31% to £22.5mln, with recurring revenues accounting for 79% of that.
Numis is bullish on both Berkeley and Crest Nicholson, recommending investors 'add' them to the portfolio.
Today's two big economic events - the ECB and Opec meetings - proved about as decisive as an Italian election, so all eyes now move to tomorrow's US jobs report.
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Below are some of the main news-driven share price changes at 1pm
"We are delighted to be announcing these two major US contracts simultaneously," said CEO Nik Philpot. The group has also extended its US distribution arrangement with West.
Metal Tiger is pleased with latest assay results, Clinigen upgrades from glass bottle to plastic bag and Alecto renwews Burkina Faso permit.
it was a tough day for newspaper publisher Trinity Mirror, not that you'd know it from the share price.
The company signed nine new contracts for its secure payments products during the year to March just ended.
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PureTech Health told investors it had expanded its focus on microbiome-based interventions
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Avation delivers a new Airbus to Thomas Cook, Greka Drilling secures a loan and Eckoh wins a five-year deal with US clinical care provider.
Eckoh will supply Children's Healthcare of Atlanta with a version of its CallGuard product
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Westminster Group PLC, Forbidden Technologies PLC, KEFI Minerals PLC, Ten Alps, Sierra Rutile Ltd, RapidCloud International PLC, Allergy Therapeutics PLC, Regenersis PLC, Eckoh PLC, and Gulf Keystone Petroleum Limited were among Tuesday’s s
The payment product provider has won a five-year deal to expand its links with Ideal Shopping Direct
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The FTSE 100 closed out Monday at 5,824, some 116 points or 2% higher, as attentions remained on London.
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The FTSE 100 Index gained 93 points to 5801 as the Nikkei closed more than 1,000 points ahead
Customers will be able to access the client's services by calling local telephone numbers in their country of origin
The company remains on track to deliver its full year results, up to March 2016, in line with market expectations.
The hacking scandal that has hit the reputation and the share price of the internet service provider TalkTalk.
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The shooting-down of a Russian jet by Turkey unsettled traders
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Anglo Asian Mining, Kefi Minerals and Andes Energia also has news out today
Investments and investor services
Below are the main news-driven share price movements at 4pm.
The five-year agreement will see PSS supply the US contact centres of an unnamed global media company with its Agent Desktop product.
A look at some of Wednesday's trending financial stories...
Chief executive Nik Philpot said: "PSS is a unique business with a highly experienced workforce and quality service offering, making it a trusted partner to a number of large enterprises in the US, UK and Australia."
Poundland and the Royal Mail grab the corporate headlines but the Fed will also dominate the news
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If it has been tough time for TalkTalk and Optimal Payments, things were looking up for a number of firms specialising in cyber security
The allegations relate to possible data breaches in 2011 and 2012
The take-up of CallGuard has been remarkable and the company has over 50 customers for the product, mainly here in the UK.
The three year deal will see Eckoh's CallGuard secure payment solution implemented throughout The Co-operative Group's contact centres
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The FTSE 100 closed at 6,586, down 45 points on the day and 168 points on the week.
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The FTSE 100 was 25 points lower at lunch to 6,604
Eckoh had offered 1.25 shares and 13p cash for each Netcall share, equivalent to almost 64p per share.
Investments and investor services
By 'eck ... two telephone software specialists are mulling joining forces. By IKEA ... the Swedish flat-pack furniture specialist is considering setting up camp on the UK high street.
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Tesco's new boss has followed the text-book by "kitchen sinking" everything in sight and putting non-core assets up for sale, but how is the core business doing?