Small cap news from ShareCast

• Newcourt directors fail to secure funds for buyout
  04 Dec, 2008 10:54
  Newcourt said its senior management has not been able to secure the necessary finance to make an offer for the Irish outsource company due to the uncertainty currently prevailing in…

• Local Shopping upbeat despite property slump
  04 Dec, 2008 09:05
  Retail property trust Local Shopping REIT is continuing to pump out dividends and buy back shares despite slumping property values tipping it further into the red.

• Western & Oriental losses widen
  04 Dec, 2008 09:02
  Losses widened at luxury travel group Western & Oriental, as expected, but the group believes it is well placed to weather the current economic climate.

• Vectrix accelerates fundraising
  04 Dec, 2008 08:48
  Electric motorbike maker Vectrix Corporation plans to accelerate its next round of fund raising as a result of lower than expected level of dealer orders during the first quarter of…

• Minorplanet sees challenging year ahead
  04 Dec, 2008 08:37
  Vehicle tracking systems specialist Minorplanet Systems posted a slight fall in annual pre-tax profit and sees the next 12 months as a challenge following a slow start to the year.

• Small caps round-up: Focus Solutions, AI Claims, Clearstream...
  04 Dec, 2008 08:19
  Financial software firm Focus Solutions said it has agreed a contract extention with HSBC bank worth £767,000.

• Silence to file for cancer drug approval
  04 Dec, 2008 08:04
  Biotech Silence Therapeutics said it intends to file for regulatory approval for its cancer therepy drug Atu027 before the end of this month.

• Optos bullish as profits rocket
  04 Dec, 2008 07:58
  Full year profits have more than tripled at retinal imaging device maker Optos after revenue grew 14% in the key North American market and by a whopping 88% in Germany.

• Portmeirion issues gloomy FY outlook
  04 Dec, 2008 07:38
  Crockery and pottery firm Portmeirion said profit for the year ending 31 December 2008 will be significantly below market expectations as sales from its biggest market the US fall.

• Dart H1 profit surges, no divi
  04 Dec, 2008 07:22
  Aviation and distribution group Dart revealed a 97% rise in interim pre-tax profit after a strong performance from its low cost leisure airline Jet2.com.

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