FTSE 100 trims losses
The FTSE 100 retreated as investors worry about Hurricane Irma, while mixed economic statistics raised fresh concerns over the UK economy.
Company
LON:SEE
Seeing Machines, a global company founded in 2000 and headquartered in Australia, is an industry leader in vision-based monitoring technology that enable machines to see, understand and assist people. The company's technology portfolio of AI algorithms, embedded processing and optics, power products that need to deliver reliable real-time understanding of vehicle operators.
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The FTSE 100 retreated as investors worry about Hurricane Irma, while mixed economic statistics raised fresh concerns over the UK economy.
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A glance at some of the day's highlights from the Proactive Investors newswire...
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Reliable understanding of the driver's awareness will enable Autoliv's development of highly autonomous driving functions, with safe hands-off-wheel operation
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A glance at some of the day's highlights from the Proactive Investors newswire
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"As we continue to stretch our arms in the artificial intelligence and machine learning space, we look to partner with pioneers such as Seeing Machines," said Joey Marlow, Geotab executive VP of US Operations
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Real Good Food and Amur Minerals were two of the big gainers today
A look at some of the biggest risers and fallers in London today
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For the year ended 30 June, Seeing Machines generated total sales in excess of A$13mln - more than double what it posted in 2016 on a like-for-like basis
The FTSE 100 index closed 10.79 higher at 7,542. The session peak was 7,549, and the day’s low was 7,518
A glance at some of the bigger risers and fallers today in London ...
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The company booked some AU$13mln of new business for Guardian SaaS, taking the year’s booking to over AU$29mln
Despite the beating meted out to IMPs and BATs, the Footsie rallied in the last half hour to trim its heavy losses
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A glance at some of the small cap stories on the Proactive newswire today
A look at the biggest risers and fallers of London's small caps
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A glance at some of the small cap stories on Proactive Investors today
Risers and fallers: DFS, Next, ANGLE boosted by Barts research, Starcom wins container order, Sprue Aegis delivers bullish AGM
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The Guardian system provides in-cabin alerts, plus associated analytics to help fleet managers minimise incidents through driver training and wellness programmes
FTSE 100 closed down 55 at 7,419 as retail shares took a beating
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A glance at the smallcap stories on the Proactive newswire today
A look at some of the biggest London-listed risers and fallers today
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The research will measure how quickly a driver can regain control of the car when required
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
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A glance at some of the stories on the Proactive newswires today
A look at some of the biggest London-listed risers and fallers today
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Mike McAuliffe, head of the automotive business Fovio, steps up to the role of CEO
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
Some of the main risers and fallers at 3.45pm: Amerisur Resources, PCG Entertainment
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Its Guardian in-cab driver fatigue monitoring technology is gaining traction with customers
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ShamrockFoods is to fit all of its 750 heavy vehicles with a fatigue monitoring system
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Sound Energy sees as much as 31 TCF of gas at Morocco project; Acquisition of Intel spin-off will boost Telit's Wi-Fi capability; while Fox Marble advances to Mayfair
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Tim Crane is the general manager at Caterpillar’s marketing and digital division and will join the board immediately
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A glance at some of the stories on the Proactive newswire today
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Under the deal, MiX would also distribute future versions of its platform incorporating Guardian.
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A glance at today's headlines on the Proactive newswire ...
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Fourteen major car makers have been trialling the company’s unique eye and facial recognition tracking system.
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Cash will go to the company’s FOVIO automotive arm, which has come up with a driver monitoring chip to be used in the next generation of semi-autonomous cars.
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Artificial intelligence’s (AI) emergence gives it a role to play in a much wider market.
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ITV and Inmarsat were the only two media and telecoms firms downgraded by Barclays in its latest note on the industry
Retail titans dominate the corporate schedule this week
Friday's headline round up from the Proactive news desk.
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The group has appointed Kiattana as distributor in Thailand and Autosense in New Zealand.
Significant share price risers and fallers in London at 4.15pm
Seeing Machines shares rocketed after the company announced its new FOVIO chip is being adapted for use in semi-autonomous vehicles
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FOVIO is the new chip developed by Seeing Machines, which distils down all its driver monitoring technology. That’s 15 years work and experience.
London stocks ended at a five-week high on Thursday as investors took comfort from the Federal Reserve’s decision to hold off a US rate hike the previous day
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Mirada’s pipeline continues to grow; LGO sees its reserve and resource estimates rise; Europa has some positive news and its recently acquired licences; plus much more…
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Vehicle operator monitoring company set to boost revenue by 77%
A snapshot of small cap stories today on Proactive Investors
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Seeing Machines has sealed the single largest sale of Guardian driver fatigue monitoring units to date.
Fastjet is looking to remove Colin Child, Avation delivers the first in a series of new Airbuses to Vietnam and brokers call Haydale Graphene's collaboration with US chemical firm 'game changing'.
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The firm issued a wide ranging trading update, in which it said it expects to report a stronger performance in the year to end June.
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Key to the outside interest is the firm’s driver monitoring systems, which is able to work out whether the person behind the wheel is awake and alert
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Is it time to take a second look at Seeing Machines Limited?
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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.
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Housden's current directorships and partnerships are: Graincorp Ltd, Royal Wolf Holdings Ltd and Alliance Aviation Services Ltd.
Junior oil stocks were in favour on Tuesday and small cap indices were ahead of Footsie.
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A mixed bag but quite a bit of financing news from the junior space....
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A boost for Fox Marble Holdings, Metminco moves in Columbian gold and an exciting update on Seeing Machines' tech.
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Other companies covered: Seeing Machines, Telit Communications, Xtract Resources
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The AIM-listed pioneer of eye-tracking technology said Monday it and its partner Takata, the Japanese auto parts firm, had landed a follow-on order for the next-generation DMS.
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Terry Winters, chairman of Seeing Machines, said the board is delighted to welcome Les Carmichael as a director
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Fastjet, Ortac Resourves and Genel Energy also had news out...
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Terry Winters highlighted strong demand for the group's driver safety systems
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Revenue streams are set to broaden as the eye-tracking technology specialist reduces its reliance on the mining sector
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A look at the big news from the world of small caps...
Syriza emerged as the largest party in the latest Greek poll
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Zurich Insurance has dropped its takeover bid for RSA Insurance
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The company's success to date has been based on a fatigue monitor called the DSS used in the mining sector that is the focus of its tie-up with Caterpillar.
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Gem Diamonds was just one of many news items on a busy day in the small cap universe.
FTSE 100 gained 39 points to 6,157 with nearly all of the Footsie members showing early advances.
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Caterpillar will take full responsibility for the manufacturing, marketing and sales of DSS and pay US$17.5mln to Seeing Machines.
After lunch, investors were not willing to carry much risk into the American session.
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Mariana Resources released a maiden mineral resource estimate for the Hot Maden gold-copper project in eastern Turkey.
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Caterpillar may take on the DSS product for rugged off-road vehicles
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A number of resource companies have successfully raised fresh capital today, while another has been on a cost-cutting drive.
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Seeing Machines is turning its potential into hard cash, judging from this latest update.
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A number of technology companies were celebrating contract wins today.
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A 50 point fall is rarely a good result but the general view after Greece's emphatic referendum vote yesterday was that it could have been worse.
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The driver-safety specialist keeps on truckin' as the orders roll in.
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Scaffolding specialist Billington was climbing high after saying half year results would be significantly ahead of market expectations.
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The DSS face monitors will be used to help customers understand fully the risks of driver fatigue.
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Barclays Capital lifts its price target to 9000p for Next
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FTSE100 closed higher, after an upbeat session, as traders were cheered by hopes of a Greek debt deal.
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A busy news day included releases from oilers and tech firms.
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Seeing Machines shares advanced after the operator monitoring specialist said its alliance with mining equipment giant Caterpillar had seen significant mining sales deals struck for the firm's technology in Australia and Canada.
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Ariana and Connemara were the star performers in the Proactive universe today
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South African firm Insurance Underwriting Managers is purchasing 750 units of the driver fatigue monitoring device