London afternoon: Good start to US results season lifts UK
13th Jul 2010 14:30
Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
13th Jul 2010 12:22
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1122 GMT [Dow Jones] Investec Securities raises Gooch & Housego (GHH.LN) price target to 250p from 235p following the comp
Read moreMARKET TALK: Investec Raises Gooch & Housego Price Target
13th Jul 2010 12:22
1122 GMT [Dow Jones] Investec Securities raises Gooch & Housego (GHH.LN) price target to 250p from 235p following the company's unexpected but positive trading update. Investec says it reflects the successful implementation of initiatives to increase manufacturing capacity during 2Q'10 to meet stron
Read moreLondon midday: Stocks kick on as inflation eases
13th Jul 2010 12:16
Inflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati
Read moreSmall caps round-up: Gooch & Housego, Pinnacle Telecom, Clyde Process Solution
13th Jul 2010 10:52
Shares in Gooch & Housego jumped after the optical components and systems maker upped its expectations for revenues and profits for the year ending 30 September. Investors cheered news that Pinnacle Telecom has been awarded a £750,000 one-year contract to supply integrated telecommunications for Gr
Read moreGooch & Housego Ups FY Management Views On Recovery, Growth
13th Jul 2010 07:26
LONDON (Dow Jones)--Gooch & Housego PLC (GHH.LN), a specialist manufacturer of optical components and systems, said Tuesday management has increased its expectations for the year ending Sep. 30, due to a sustained recovery in core markets and growth in new business. MAIN FACTS: -Growth, part
Read moreLondon close: Footsie at 2-week low
8th Jun 2010 16:14
London fell for the third session in a row Tuesday, damaged by a further slump at BP and as a wave of selling sank the banking sector. Comments from ratings agency Fitch about Britain's "formidable" budget deficit didn't go down well, but it was BP that stood out, hitting a 20-month low as the flow
Read moreUK SMALLCAP ROUNDUP: Rockhopper Mulls Main Market Move
8th Jun 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 ROCKHOPPER EXPLORATION PLC (RKH.LN), an oil and gas explorer, said Tuesday it is considering a move to the main market of the London Stock Exchange follo
Read moreLondon afternoon: Miners revival not enough
8th Jun 2010 14:40
Footsie staged a small revival over the lunch time session, helped by a recovery by mining stocks, but the majority of FTSE 100 constituents are still in the red with laggards outnumbering leaders by three to one. BP is again among the worst performers as US president Barack Obama said he'd sack t
Read moreUPDATE: Gooch & Housego To Hire Staff To Meet Increased Orders
8th Jun 2010 14:13
(Adds CEO, analyst comment) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Optical components and systems maker Gooch & Housego PLC (GHH.LN) said Tuesday it has sufficient capacity to meet surging demand for its products, but will likely have to hire more staff so it can m
Read moreUK SMALLCAP ROUNDUP: VP To Cut Net Debt GBP10M In FY11
8th Jun 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 VP PLC (VP.LN), a U.K. equipment rental company, hopes to cut its net debt by a further GBP10 million in fiscal 2011, Group Finance Director Mike Holt sa
Read moreUK SMALLCAP ROUNDUP: Chloride Agrees GBP860 Mln ABB Offer
8th Jun 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 CHLORIDE GROUP PLC (CHLD.LN), a manufacturer of secure power systems, Tuesday recommended an GBP860 million takeover offer from Swiss engineering giant A
Read moreProfit surges at Gooch & Housego
8th Jun 2010 08:58
Optical components and systems maker Gooch & Housego said first half profit soared after it saw a recovery across most product and market sectors. Demand for the group's products recovered during the half year period and this trend is expected to continue for certain products, it said. Pre-tax pro
Read moreGooch & Housego 1H Pretax Profit Sharply Up As Markets Recover
8th Jun 2010 08:15
LONDON (Dow Jones)--Optical components and systems maker Gooch & Housego PLC (GHH.LN) Tuesday posted a marked increase in first-half pretax profit as it enjoyed a sustained recovery of its markets and secured new business. The firm said demand for its products accelerated during the first and se
Read moreSmall caps round-up: Strategic Thought, Tricorn, Oxford Instruments ...
8th Apr 2010 08:50
Shares in provider Strategic Thought, which provides risk management software to large organisations such as the miner Rio Tinto and the London Underground, fell after it said results will fall short of expectations as a result of slippage in two major contracts. It expects revenues for the year to
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