London midday: FTSE 100 turns lower
14th Feb 2011 12:13
The top share index is slightly under pressure now though there is some excitement among oil-related stocks in the mid-cap index. Shares in John Wood have roared ahead after the oilfield services group said it is returning money to shareholders, and is to pay out $1.7bn after it agreed to sell it
Read moreLondon open: Egypt gives early boost
14th Feb 2011 08:45
The departure of Egypt's president Hosni Mubarak and gains on Asian markets have given Footsie an early lift. Miners are going well after strong trade figures from China. Xstrata and Rio Tinto lead the sector higher. Reports that China's inflation numbers tomorrow may be better than expected has a
Read moreDialight profits double
14th Feb 2011 08:31
LED lighting developer Dialight doubled profits in 2010 - "a very satisfactory performance" - following progress in ultra efficient lighting and signalling. The group, which said last month that full-year results would beat expectations, posted a profit before tax of £11.3m, up from £5.3m in 2009.
Read moreLondon close: Miners hold back FTSE 100
10th Jan 2011 17:01
The top share index was firmly in negative territory at the close of trading, despite M&A excitement concerning Smith & Nephew The joint replacement specialist jumped more than 10% following reports it turned down a bid approach from US rival Johnson & Johnson just before Christmas. Sticking with
Read moreLondon afternoon: Miners a drag
10th Jan 2011 14:20
Footsie moved sideways over the lunch time trading session. Mining stocks continue to weigh the blue-chip index down, but oil stocks provide some cheer. A decline in copper imports into commodity-hungry China sent prices for the red metal lower. Kazakhmys, which transports copper from its Kazakhsta
Read moreDialight set to beat FY forecasts
10th Jan 2011 08:27
Shares of LED lighting developer Dialight shot ahead after it confirmed 2010 results are expected to exceed market expectations as demand for its products increases. The group saw continued strong progress in its Signals/Illumination business, in particular in Solid State Lighting. The group also
Read moreDialight illuminates market
4th Nov 2010 14:03
LED lighting developer Dialight continues to be positive about its full year figures although there is some weakness in the indication components division. The slow down in the components division was foreshadowed in the interim statement. In contrast, the signals/illumination division is still
Read moreTechMARK movers: Strong week for Dialight
30th Jul 2010 15:48
Light emitting diode (LED) technology company Dialight is 4.5% higher this week after strong interim figures on Monday. Revenue in the first half of the year surged to £46.17m from £34.63m in the first six months of 2009, while profit before tax leapt to £5.28m from £0.53m the year before. Increa
Read moreUK SMALLCAP ROUNDUP: Intec Telecom In Early Offer Talks
26th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps INTEC TELECOM SYSTEMS PLC (ITL.LN), a billing software company, Monday said it is in very early discussions that may or may not lead to an offer for the
Read moreTechMARK movers: Intec jumps by one-third on approach
26th Jul 2010 13:29
Intec Telecom Systems has admitted that it is in bid talks with a third party. They are at an early stage and there can be no certainty that a bid will be made for the software company or, if it is, what level it will be pitched at. Revenue fell from £80.3m to £70m in the six months to March 201
Read moreBright outlook for Dialight
26th Jul 2010 13:29
Light emitting diode (LED) technology company Dialight, which upgraded full year profits guidance on 8 July, remained in bullish mood after announcing strong interim results. "Despite the potential for a softer second half for Indication Components, the momentum in Signals/Illumination is growing d
Read moreUK SMALLCAP ROUNDUP: RM Sees Scale-Back Of Pending BSF Work
26th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RM PLC (RM.LN) expects to find out soon if it has won six Building Schools for the Future, or BSF, projects, although the amount of work required may be
Read moreUPDATE: Dialight Confident On 2010 Following Profit Rise
26th Jul 2010 10:09
(Adds executive comment and detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--LED light manufacturer Dialight PLC (DIA.LN) Monday reported a near-tenfold increase in first-half pretax profit, driven by bumper sales of products like obstruction lights for mobile phone m
Read moreUK SMALLCAP ROUNDUP: Connaught Plunges On Funding Warning
26th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CONNAUGHT PLC (CNT.LN), a support services firm, warned it will breach its banking covenants when its fiscal year ends Aug. 31 and its year-end net debt
Read moreDialight 1H Pretax Profit Sharply Up; Confident On 2010
26th Jul 2010 08:36
LONDON (Dow Jones)--LED light manufacturer Dialight PLC (DIA.LN) Monday reported an almost tenfold increase in first-half pretax profit following bumper sales of products like obstruction lights for mobile phone masts. The company, which makes LED lights for used in factories, signs and traffic
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