Laird surges as first-half profits advance
30th Jul 2015 11:46
(ShareCast News) - Laird, the electronic components maker that counts Apple as its biggest customer, posted first-half results slightly ahead of expectations thanks to its increasing diversity of revenues. Revenue rose 21% to £305.9m thanks to favourable currency movements, with more organic growth
Read moreLaird appoints new non-exec director
29th Jun 2015 10:10
Kjersti Wiklund has been appointed as non executive director of Laird PLC, the technology group said in a statement on Monday. Wiklund, who will step into her new role on 1 July, is currently director of group technology operations of Vodafone and has previously covered a number of executive roles a
Read moreFTSE 250 movers: property and rail stocks surge on Tory win
8th May 2015 13:27
Wireless antenna maker Laird topped the risers on higher first quarter revenues and a strong outlook for the rest of the year. "We have some visibility on new products to be launched by customers in the second half of the year, which underpins our current full year outlook," said chief executive Dav
Read moreLaird reports strong start to the year in line with expectations
8th May 2015 08:22
Laird, supplier of wireless connectivity and radio frequency engineering, said first quarter revenue grew 24% to £149m in line with its expectations. Performance Materials revenue rose 31% to £97m, including the contribution from Model Solution, which was acquired in April 2014. The strong performa
Read moreApple suppliers hit by reported iPad production delay
5th Mar 2015 14:48
Companies that supply components to Apple have reportedly been warned of a delay to production of its new larger-screen iPad tablet. The technology giant told suppliers its intended first-quarter start date had been pushed back to the second half due to the integraton of new features, according to s
Read moreFTSE 250 movers: Moneysupermarket crumbles on compensation concerns
3rd Mar 2015 14:14
Despite strong results and positive sentiment from many analysts, Moneysupermarket.com led the fallers due to weekend comments from the chairman of the government's Energy and Climate Change Committee, Tim Yeo MP, who called for price comparison companies to compensate customers who had been "duped"
Read moreLaird lauds good momentum as reinvestment drives earnings growth
3rd Mar 2015 11:17
Laird, which supplies components such as antennae for Apple's iPhones and other devices, has begun 2015 with good momentum after dialling in a solid set of annual results. The FTSE 250 group fizzed ahead in 2014, with revenues up 5% to £564.9m or up 11% in dollar terms, with revenue from Apple and i
Read moreSector movers: Apple results give UK tech stocks a boost, ARM rises
28th Jan 2015 15:27
Forecast-busting results from US smartphone and tablet giant Apple gave London-listed tech shares a boost on Wednesday, especially those of supplier ARM Holdings. ARM, the semiconductor and software design firm whose chips are used in Apple's iPhones, was bolstered by the news that the California-ba
Read moreBroker tips: AstraZeneca, Laird, Housing stocks, Oil prices
9th Jan 2015 11:43
AstraZeneca's drug pipeline is still "under-appreciated", according to UBS which hiked its target price for the stock by 10% on Friday. The bank said it sees a number of "blockbuster opportunities" for the pharmaceutical group in the near term, as it lifted its target for the shares from 5,000p to 5
Read moreLondon midday: Weak UK production data dampens stocks ahead of US jobs report
9th Jan 2015 11:35
Disappointing UK economic data and nervousness ahead of a key labour-market report in the States sent London's FTSE 100 lower on Friday morning, as stocks pulled back after a surge the previous session. By around lunchtime, the Footsie was trading nearly 0.7% lower at 6,527 with weakness among super
Read moreLaird drops on Q4 slowdown, but Numis stays optimistic
9th Jan 2015 10:00
Numis Securities has maintained its 'buy' recommendation for Laird, but highlighted a slowdown in organic growth at the electronic components supplier towards the end of the year. The company, which designs technology used in mobile devices and supplies companies such as Apple, said it would meet co
Read moreLondon open: Markets slip ahead of US data, supermarkets and housebuilders fall
9th Jan 2015 09:06
UK stocks endured a subdued start on Friday morning following a huge jump the previous session as markets paused for breath ahead of the pivotal US jobs report. The FTSE 100 was down 0.2% at 6,554 early on, with supermarket stocks pulling back after a strong rally and housebuilders hit by some negat
Read moreLaird confident on outlook after 'good progress' in Q4 as Apple gears up
9th Jan 2015 07:03
Electronic components supplier Laird, a key supplier for Apple's devices, announced its confidence in meeting expectations for full year results after a good fourth quarter. The FTSE 250 group, whose technologies prevent electrical interference and overheating in smartphones and other mobile devices
Read moreLondon midday: UK stocks flat amid central-bank speculation
22nd Oct 2014 11:42
UK stocks were broadly flat on Wednesday morning after jumping to a one-week high the previous session, as investors reacted to ongoing central-bank speculation and digested mixed corporate earnings. The FTSE 100 was down 0.05% at 6,369 by midday, with results from the likes of British American Toba
Read moreLondon open: UK stocks slip as investors await MPC minutes
22nd Oct 2014 08:50
UK stocks opened with small losses on Wednesday as investors paused for breath following a surge the previous session. The FTSE 100 was trading 0.2% lower at 6,360 in early deals. London's benchmark index jumped 1.7% to a one-week closing high of 6,372 on Tuesday on reports that the European Centra
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