IQE dispels fears it will not meet guidance
6th Dec 2012 08:25
IQE, a supplier of semiconductor wafer products and services, attempted to dispel fears that it will not meet earnings expectations for the second half, as it announced hitting key technology transfer milestones with solar cell manufacturer Solar Junction. Fears that its second-half results might b
Read moreIQE breaks million pound order barrier
4th Dec 2012 10:32
IQE, the supplier of semiconductor wafer products and services, said it had received its first single order valued at more than one million pounds. This order for the advanced laser wafers, which enable a new generation of fibre-optic communications devices, is to be delivered during the first half
Read moreWednesday broker round-up UPDATE
28th Nov 2012 07:26
ARM Holdings: Barclays Capital raises target price from 750p to 820p, overweight rating kept. Assura Group: Oriel Securities starts with an add recommendation. Espirito Santo moves target price from 37p to 37.50p, buy recommendation unchanged. Britvic: Deutsche Bank raises target price from 370p t
Read moreLondon open: Markets cautious ahead of US jobs report
6th Jul 2012 08:56
- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal Following a subdued reaction to central bank policy decisions yesterday, European markets were lower in early trading on Friday as investors looked ahead to key employment data in
Read moreIQE gets first big order from Solar Junction
6th Jul 2012 07:51
Semi-conductor wafer products provider IQE has received its first major orders for concentrating photovoltaic (CPV) wafers from Solar Junction, a leading edge CPV cell developer and manufacturer. The orders are worth a total of $1.95m, with $1m of that for first production wafers and $950K for deve
Read moreIQE rockets after securing new manufacturing plant in US
6th Jun 2012 08:18
IQE, the Cardiff-based supplier of semiconductor wafers, has agreed to take over the in-house manufacturing facilities of American firm RF Micro Devices (RFMD). The deal produced a big boost in IQE's share price on Wednesday; by 08:42 the stock had risen 15.8%. In essence, IQE will receive, but no
Read moreIQE revenue grows despite inventory correction
21st Mar 2012 07:55
Cardiff based semiconductor wafer manufacturer IQE said progress at the firm was temporarily impacted in the fourth quarter by inventory corrections at two major wireless customers but it remains well positioned for growth. The group, which makes microchips for wireless devices like GPS equipment a
Read moreWednesday broker round-up - UPDATE
25th Jan 2012 09:00
Ashmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit
Read moreFriday broker round-up -UPDATE
20th Jan 2012 09:17
Pearson: Credit Suisse raises target price to 1,210p from 1,175p. Polymetal: Credit Suisse downgrades to neutral from outperform; cuts target to 1,040p from 1,180p. William Hill: Credit Suisse raises target price to 227p from 214p. Man: Deutsche Bank upgrades to hold from sell. Petrofac: JP Mor
Read moreIQE lays second profit warning fears to rest
18th Jan 2012 13:51
IQE, the supplier of advanced wafer products and services to the semiconductor industry, said 2011 revenues should show a small increase on the year before, despite a slow-down in orders in the second half. Full year revenues for 2011 are expected to exceed £75m, up from £73 million the previous ye
Read moreWednesday broker round-up
18th Jan 2012 09:32
BT Group: UBS downgrades from buy to neutral, target cut from 230p to 210p. Tullow Oil: finnCap retains sell rating and 1,000p target. Man Group: Peel Hunt keeps buy stance but puts 245p target under review. Vodafone: On UBS's most preferred telecoms list. Rio Tinto: UBS cuts target from 5,500p
Read moreKofax chairman tops up
26th Sep 2011 14:28
The chairman of Kofax's remuneration committee, Chris Conway, has bought £62,500 worth of shares in the company less than a month after it missed expectations for the year. Kofax, which provides capture driven process automation solutions, reported a 12% increase in total revenues to $243.9m (£151
Read moreUPDATE: Wednesday broker round-up
21st Sep 2011 08:52
Inmarsat: Citi downgrades to hold from buy. Inmarsat: Morgan Stanley downgrades to underweight from neutral. Imperial Tobbacco: Investec retains buy. Carnival: Credit Suisse confirms neutral rating and 2,357p target. Drax: Credit Suisse cuts target from 400p to 350p, underperform rating maintain
Read moreThursday tips round-up: Supergroup, Prezzo, IQE
8th Sep 2011 06:32
Fashion group Supergroup sells at 17 times this year's earnings. Lifestyle brands such as SuperGroup have done well over the recession and future growth looks assured, but the churl in me finds it hard to see immediate progress for a retailer on this sort of multiple in this market, says Martin Wall
Read moreProfits rise at IQE after smartphones boost product demand
7th Sep 2011 09:47
IQE, the global supplier of semiconductor wafers to chip manufacturers, has reported strong results for the year, reflecting market trends towards smartphones and the demand for ever-faster technology. Revenues were up 16% from £33m to £38.3m, resulting in a 28% rise in pre-tax profit of £2.8m, up
Read more