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Northamber balks at forecasts amidst market uncertainty

Northamber illustrated the fragility of the tech market today with results that showed a slip in sales, increasing credit insurance costs and a refusal to give guidance on its future performance. The distributor managed to boost its profits for the year to June 30, which were up 5.9 per cent to £627,000, despite sales slipping …
Joe Fay, 24 Sep 2008
The Register breaking news

Thus passes to C&W

Thus, the company formerly known as Scottish Telecom and owner of the Demon Internet brand so beloved by an aging demographic, has recommended its shareholders accept an 180 pence offer from Cable & Wireless that will result in the delisting of the business. Cable & Wireless originally offered 165 pence a share for the company …
Bill Ray, 1 Sep 2008
The Register breaking news

Yahoo! faces battle for the board

Yahoo! might not have escaped the clutches of Microsoft after all. Activist investor Carl Icahn has confirmed he will fight to take over Yahoo!'s board of directors in order to force through a takeover by Microsoft. Icahn, who succeeded in getting board seats at Motorola, today named the ten people he would like to see …
John Oates, 15 May 2008
homeless man with sign

Compel sold to 2e2

Reseller 2e2 is paying £52.9m for all the shares of UK reseller and hire company Compel. Compel shareholders will get 149.3 pence per share. This price represents a 14 per cent premium on yesterday's close or a 59.5 per cent premium on its average closing price over the last year. The Compel board unanimously recommends the …
John Oates, 6 Mar 2007

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