11th Dec 2009 07:45
London's leading shares are set to open on a firmer footing, with dealers forecasting the blue chip index will open around 10 points higher. Support services and construction company Carillion expects market conditions will remain challenging but said it believes it will make further progress in 20
Read more11th Dec 2009 07:26
Good demand at its signal business will mean LED sensor specialist Dialight 'will exceed its previous earnings expectations' this year. 'This is as a result of continued strong performance in the Signals/Illumination segment, improvement in margins resulting from ongoing product cost reductions an
Read more4th Dec 2009 16:26
Ultra Electronics chief executive Douglas Caster has generated £5.85m from the sale of just over two-fifths of his shareholding in the defence electronics supplier. He states in the announcement that the sale was for "family and tax planning reasons". Caster has also transferred his remaining 63
Read more12th Nov 2009 14:11
Property fund manager Capital & Regional reports valuations in the UK fund businesses, particularly in retail warehouses, are trending higher in the fourth quarter. This reflects the strength of the investment market which is likely for the balance of this year to outweigh pressure on income. C&R
Read more10th Nov 2009 15:13
Shares in logistics software supplier Kewill rose even though it is raising £7.5m from share placing at 92p a share. After costs Kewill will be left with £7.2m which it intends to use to finance acquisitions and strengthen its balance sheet. Kewill reported an 11% increase in revenues to £27.2m
Read more28th Jul 2009 06:43
National Grid is the safest of the safe. Even for a utility, it has a risk-averse investment model. At the moment, 95% of its revenues are from regulated services. Last week's confirmation that a major ratings agency was taking the outlook back up to "stable" is a key development and leaves the st
Read more27th Jul 2009 14:58
Revenues at LED technology specialist Dialight were flat in the first half of 2009 at £34.6m while profit before tax tumbled to £0.53m from £2.14m a year earlier, despite beneficial currency tailwinds. At 2008 exchange rates, revenue would have been £28.2m. At the end of June the company had a cash
Read more14th Jul 2009 17:09
Indecision on Wall Street prompted a spell of profit taking in the UK in the middle of the afternoon session which threatened to wipe out the morning's gains, but London's blue-chips rallied at the death to keep the Footsie in the blue. Mining stocks were the best performers with silver miner Fresn
Read more14th Jul 2009 14:10
London's leading shares continue to edge higher, with sentiment given a boost in the afternoon by expectations of a moderately firm start on Wall Street and a strong set of second quarter results from US bank Goldman Sachs, which announced record revenues. Mobile phone giant Vodafone, the third lar
Read more14th Jul 2009 12:28
LED technology specialist Dialight gained on news that two major North American metering companies have ordered more than 100,000 combined units of its PowerPulse 200-amp disconnect/reconnect load switch with sales totalling almost $3m. This order is in support of the United States Advanced Meter
Read more14th Jul 2009 12:11
The Footsie is trading sideways, holding on to gains after a bright start. Inflation data was much as expected, with the inflation rate falling below the Bank of England's 2% target for the first time since September 2007 last month. The Office for National Statistics (ONS) revealed a drop in consu
Read more14th Jul 2009 10:59
LED technology specialist Dialight gained on news that two major North American metering companies have ordered more than 100,000 combined units of its PowerPulse 200-amp disconnect/reconnect load switch with sales totalling almost $3m. This order is in support of the United States Advanced Meter I
Read more9th Jul 2009 11:09
Dialight is the biggest TechMARK riser after the LED technology specialist said it is to supply the state of New Mexico with over 8,000 individual LED Traffic Signals, in the first phase of a programme to replace the incandescent lighting currently used in traffic intersections across the state. T
Read more18th Jun 2009 13:54
There are gains for LED technology specialist Dialight after it received commitments from a major US telecommunications tower operator to adopt its white obstruction tower lighting. The deal is valued at about $12m over the next 24 months, with initial shipments to start in the second half of 2009.
Read more18th Jun 2009 09:11
Empresaria, the international staffing group, saw revenues for the current financial year to April, excluding discontinued operations, fall 4% on the same period in 2008 and net fee income down 22%. "These volume reductions are driven largely by reductions in permanent fee income levels (34% down a
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