Gable Holdings, a non-life insurance company, has reported that its performance in the second half, considering the traditional cyclicality of certain of our products, was in line with expectations. In the UK, the ATE product showed strong growth and which has continued into 2012, while construction as a whole was in line with management's expectations. The firm's residential Tenant Deposit scheme in Norway continued to grow as anticipated, which gives Gable a platform to launch this product in other territories such as Germany. A strong first half is expected for 2012, the group said.
Digital television technology provider Motive Television has placed over 366.6m shares at 0.15p each, raising a total of £0.55m before expenses. The proceeds will be used to fund the firm's growth in global markets and provide working capital.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Accelerating state pension age hikes could cost Brits in early 50s almost £18,000A recently launched review of the state pension age has sparked concern that the planned increases could be accelerated. How much could it cost you?
-
How to invest according to your age - the one rule everyone can followWhether you’re a seasoned investor or new to the game, here’s the one investing rule to help determine how much you should invest according to your age
