TechMARK movers: XP powers ahead
2nd Aug 2010 15:16
XP Power leads the risers on TechMARK after a strong set of interim figures. Power control products supplier XP Power nearly doubled its pre-tax profit from £3.8m to £7.3m in the six months to June 2010. Revenues were 23% higher at £40.7m and they should continue to improve in the second half. XP
Read moreFiltronic holds divi despite loss
2nd Aug 2010 13:57
Radio systems products maker Filtronic saw a further weakening of demand from a large customer in the second half of its financial year, contributing to a slide into the red. Revenue from continuing operations in the year to 31 May 2010 slumped to £15.6m from £28.8m the year before. Loss before tax
Read moreFiltronic Swings Into FY10 Loss But Maintains Dividend At 1P
2nd Aug 2010 08:00
LONDON (Dow Jones)--Filtronic PLC (FTC.LN), a technology-led service focused on point to point communications, Monday reported a swing into loss for fiscal 2010 but maintained the dividend at 1 pence. MAIN FACTS: -Revenue from continuing operations for year ended May 31, GBP15.6 million (200
Read moreUK SMALLCAP ROUNDUP: Cape Sees More Korean Engineer Contracts
30th 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 CAPE PLC (CIU.LN), an energy services company, expects a surge of new contracts in the Middle East and Australia after fostering relationships with a num
Read moreUK SMALLCAP ROUNDUP: Intl Personal Finance Issues EUR225M Bond
30th 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 INTERNATIONAL PERSONAL FINANCE PLC (IPF.LN) Friday announced its inaugural public bond issue, pricing EUR225 million five-year bonds at a fixed coupon o
Read moreUPDATE: Filtronic Buys Isotek To Re-Tap Base Station Market
30th Jul 2010 11:47
(Adds detail, analysts' comments, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Electronic component maker Filtronic PLC (FTC.LN) Friday announced a re-entry in to the base station market, after agreeing to buy wireless telecommunications products company Is
Read moreUK SMALLCAP ROUNDUP: Pantheon Resources' Well Drilling Delayed
30th Jul 2010 09:36
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 PANTHEON RESOURCES PLC (PANR.LN), an oil and gas explorer, Friday said drilling of the Kara Farms well in Tyler County, Texas, has been delayed because o
Read moreFiltronic Buys Isotek For GBP10.7M To Re-Tap Base Station Mkt
30th Jul 2010 08:24
LONDON (Dow Jones)--Electronic component maker Filtronic PLC (FTC.LN) Friday said it has agreed to buy wireless telecommunications products company Isotek (Holdings) Ltd. in a cash and share deal worth GBP10.7 million, so it can re-enter the market for base stations. Filtronic will pay GBP4.35 m
Read moreFiltronic Plc Acquisition -2-
30th Jul 2010 07:00
with the potential for an early step change in business revenues. Products have been developed, manufactured and now qualified in customer trials in both the US and Europe and have led to initial production orders from tier one OEMs and operator customers. New prospects at major operators with pro
Read moreFiltronic Plc Acquisition
30th Jul 2010 07:00
TIDMFTC RNS Number : 2117Q Filtronic PLC 30 July 2010 ? Filtronic plc ("Filtronic" or the "Company") Proposed acquisition of Wireless Infrastructure Business of Isotek Filtronic, the designer and manufacturer of microwave electronics products for the wireless tele
Read moreTechMARK movers: Positive pension news helps BT
29th Jun 2010 14:20
BT Group is higher after the accounts of its pension scheme showed that it had performed well last year. The BT Pension Scheme made a 12.2% return on investment and this helped cut the pension deficit from £9bn to £7.6bn. The pension scheme reduced its exposure to shares from 35% to 29% of its p
Read moreSector movers: Broker upgrades have chip stocks sizzling
16th Apr 2010 10:51
Positive broker coverage has given chipmakers a lift, boosting the technology hardware & equipment sector. Shares in CSR, which specialises in chips used for wireless communications, move up after an upgrade to 'buy' from 'neutral' in expectation that big customers such as the mobile phone groups S
Read moreFiltronic to make loss as customers hold back
16th Apr 2010 08:02
Filtronic's customers have been slow to start spending again following the downturn and the company, which makes microwave electronics products for the wireless telecoms market, expects to make a small operating loss for the full year as a result. 'Trading in the fourth quarter has suffered from th
Read moreFiltronic says reduced demand to continue
25th Jan 2010 07:58
Filtronic revealed a decline in half year pre-tax profit and said it expects reduced demand levels to continue through the remainder of the financial year. The telecommunications technology group said pre-tax profit from continuing operations fell to £0.1m for the six months ended 30 November 2009
Read moreTechMARK movers: Ark tries again
5th Jan 2010 14:46
Ark Therapeutics is having another go at gaining regulatory approval for its brain cancer drug Cerepro. The European Medicines Agency (EMEA) rejected Cerepro before Christmas because it did not appear to be effective. Ark says that it has assessed the evidence of the Phase III study and it believe
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