London open: Markets drop on Eurozone debt concerns
23rd Jul 2012 08:25
- Banks and miners dent the Footsie - Eurozone concerns dampen sentiment - Spanish 10-year bond yield at 7.556 per cent European stocks dropped sharply on Monday morning as concerns about the Eurozone debt crisis provoked fear on equity markets. London's Footsie lost 1.5% of its value in the openi
Read moreDialight scores European contract
23rd Jul 2012 08:20
Dialight, a producer of LED lighting technology, has secured a European order for 1,149 of its high lumen output DuroSite LED High Bay lighting fixtures for a large distribution centre in Germany. The customer, which is being described as a "leading online retailer with more than 25 sites in Europ
Read moreDialight brightens up investors' day with half year results
23rd Jul 2012 07:52
Revenues at Dialight, a producer of LED lighting technology, leapt during the half year ended June 30th, pushed higher by Signals/Illumination income, which was in turn driven by 65 per cent growth in Solid State Lighting and 40 per cent growth in Obstruction Lights. Group revenue climbed 18.2% to
Read moreDialight offers 10-year warranty on LED high bay fixture
20th Jul 2012 08:58
Dialight, a producer of LED lighting technology, has unveiled a 10 year full-performance warranty on its 17,500 LED high bay fixture. The new 10-year warranty will debut on the company's 17,500 lumen high output DuroSite High Bay products and will be available from September 1st. "Dialight's aggr
Read moreDialight acquires light control firm
7th Jun 2012 12:47
The light-emitting diode (LED) specialist Dialight has acquired the assets of Airinet, a US developer of lighting control, energy management and automated network control systems. Colorado-based Airinet, which employs six lighting control engineers, was bought for an upfront consideration of $2.6m
Read moreDialight Chairman makes first sale since company listed
28th May 2012 15:59
The Chairman of Dialight, the LED lighting developer, has sold his first batch of shares in the company since the company was listed in 1993. Harry Tee, who made the sale in order to fund an existing financial commitment, earned 955p for each of the 425,000 shares, bagging himself total of £4,058,
Read moreAZ Electronic Materials CEO sells 46,000 shares
4th May 2012 16:06
Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter. Wild, 55, disposed of the shares at 322.40
Read moreTuesday broker round-up - UPDATE
28th Feb 2012 10:02
SABMiller: Nomura downgrades from buy to neutral, target increased from 2,600p to 2,700p. HSBC: Nomura cuts tagged from 725p to 650p, buy rating kept. Pearson: Nomura reiterates reduce rating and 1,200p target. Whitbread: Peel Hunt cuts target from 1,938p to 1,860p, buy rating kept; Nomura reiter
Read moreGlencore non-exec buys first shares
30th Aug 2011 17:19
Non-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house. He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today. Coates is the chairman of Austral
Read moreSector movers: Tech sector dragged lower by ARM
26th Jul 2011 15:47
The technology hardware and equipment sector was among the worst performing sectors, dragged lower by chip designer ARM Holdings. Shares of ARM fell lower despite its second quarter earnings per share (EPS) coming in well ahead of expectations, as demand for the company's technology continues to gr
Read moreDialight confident of beating FY forecast
25th Jul 2011 08:26
LED lighting developer Dialight reported half yearly underlying profit growth of 17%, increased its dividend and is increasingly confident it will exceed full year forecasts. Operating profit growth rose to £6.2m for the six months ended 30 June 2011 from £5.3m in 2011 after a strong performance in
Read moreWH Irelands buy big again
12th Apr 2011 17:01
Bosses at the stockbroker WH Ireland have been snapping up more shares in the company, continuing a recent spate of buying. Chief executive Paul Compton took 150,000 shares and now has about 1.07m, more than 5% of the company. Chairman Rupert Low took 145,000 and has some 1.06m. They paid 58.5p a
Read moreTechMARK movers: Negative Imagination
16th Mar 2011 12:15
Investors' reacted negatively to today's trading statement from chips supplier Imagination Technologies. Imagination continues to see growing demand for its graphics chip technology, though its Digital Audio Broadcasting division, PURE, is finding things a bit tougher. There are also concerns abou
Read moreLondon close: Flat finish for FTSE 100
14th Feb 2011 16:42
The top share index finished flat after a sluggish day's trading. Takeover talk pushed the price of engineering stalwarts Weir Group and Invensys higher, with engineering colossus Siemens said to have cash burning a hole in its pocket. The German company's chief financial officer, Joe Kaeser, sai
Read moreLondon afternoon: Footsie in red despite miners
14th Feb 2011 14:29
Mining stocks are buoyant after China's economy grew 9.8% in the final quarter of 2010, but demand for miners has not prevented the blue-chip index from sliding into the red. Takeover talk is pushing the price of engineering stalwarts Weir Group and Invensys higher, with German engineering colossu
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