Dialight warns on full year profit, CEO starts review
10th Jun 2015 10:02
LED lighting maker Dialight has blamed a slowdown in orders for a predicted shortfall in full year revenue. The company, once part of Dutch giant Phillips, warned underlying operating profit for 2015 will be significantly below expectations. It also said results for the first half of this year will
Read moreDialight appoints new US chief officer
28th May 2015 13:21
LED lighting group Dialight appointed Michael Sutsko as its new chief executive followig a global search process. Sutsko's appointment follows Roy Burton's resignation due to ill health in March. The new chief executive is also the president of the performance materials division of Laird, and will
Read moreMonday broker round-up UPDATE
13th Oct 2014 09:32
Amino Technologies: Northland Capital upgrades to buy with a target price of 100p. Anglo American: Canaccord Genuity initiates with a target price of 1720p and a buy recommendation. Credit Suisse upgrades to outperform with a target price of 1800p. Associated British Foods: Societe Generale upgrade
Read moreMonday broker round-up UPDATE
21st Jul 2014 09:29
APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec
Read moreWednesday broker round-up UPDATE
16th Apr 2014 08:44
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
Read moredotDigital directors each sell 1.5m shares to meet investor demand
26th Feb 2014 15:23
Three dotDigital directors this week each sold 1.5m shares in the software as a service provider to meet strong demand from institutional investors. Chief Executive and Finance Director Peter Simmonds, Chief Technical Officer Simon Bird, and Chief Operating Officer Tink Taylor, each pocketed £447,1
Read moreTuesday broker round-up UPDATE
25th Feb 2014 08:40
African Barrick Gold: Canaccord Genuity raises target price from 205p to 315p and upgrades from hold to buy. Ashmore Group: Canaccord Genuity takes target price from 205p to 315p and downgrades from buy to hold. Associated British Foods: Jefferies increases target price from 2450p to 2600p retaini
Read moreDialight aims for swift turnaround after profit slump
24th Feb 2014 10:50
Shares in lighting specialist Dialight suffered after it revealed a hefty fall in full-year profits, with the company blaming contract delays. Still, the company has hiked its dividend and expects a return to earnings growth in 2014. Pre-tax profits for the year though December 2013 fell 43% to £1
Read moreMonday broker round-up UPDATE
24th Feb 2014 08:15
Associated British Foods: Numis downgrades from reduce to sell with a target price of 2240p. Panmure Gordon raises target price from 2500p to 2760p and maintains a hold recommendation. Jefferies increases target price from 2450p to 2600p and keeps a hold recommendation. Aviva: JP Morgan shifts targ
Read moreMonday broker round-up UPDATE
10th Feb 2014 08:13
Admiral Group: Goldman Sachs downgrades from buy to neutral with a target price of 1440p. APR Energy: Jefferies lowers target price from 1260p to 1250p keeping a buy recommendation. Dialight: N+1 Singer reduces target price from 1227p to 1022p, while leaving its buy recommendation unchanged. Ferr
Read moreDialight warns of profits after order delays
8th Jan 2014 12:12
Shares in lighting specialist Dialight crashed more than 20 per cent after it revealed order delays in its industrial division and slower business from its traffic division would hit profits for 2013. The company said it now expected underlying profit before tax from continuing operations to be no
Read moreFTSE 250 movers: Perform Group nosedives on profit warning
12th Dec 2013 15:46
Digital rights firm Perform Group has warned that its 2013 full-year revenue will be below previous expectations, pushing earnings 'significantly' below forecasts. The warning, which also revealed results for 2014 are now set to miss expectations, more than halved the value of the company's stock fo
Read moreFTSE 250 movers: CSR climbs on strategy change
10th Dec 2013 15:39
CSR was leading the risers after announcing that it has decided to discontinue development of its camera-on-a-chip (COACH) platform, which has been sustaining losses from weak demand. The new prompted Numis Securities to maintain a 'buy' rating for the group, saying "the news is positive in increasi
Read moreSpirax-Sarco Engineering's COO ups stake
18th Nov 2013 16:11
Spirax-Sarco Engineering announced Monday that its Chief Operating Officer, Nicholas Anderson, acquired 1,550 shares in the group at the end of last week. The shares were bought for 2,902p each for a total of spend of £44,981. Anderson, who took up the role in August, now owns a total of 3,160 S
Read moreBAE Systems' Hudson sells 95,000 shares
13th Nov 2013 16:15
Linda Hudson, the President and Chief Executive Officer of BAE Systems Inc., on Tuesday reduced her stake in the group by 95,000 shares. Hudson, who is an Executive Director of BAE Systems plc., disposed of the shares at 450.90p for a total trade value of £428,356. The defence group a month ago
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