TT Electronics non-exec doubles stake

30th Aug 2012 16:19

Stephen King, an Independent Non-executive Director of electronic component and sensor technology firm TT Electronics, has doubled his stake in the company with the purchase of 50,000 shares. King, who joined TT in October last year, handed over £74,125 for the shares, which he purchased for 148.2

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TT Electronics sales hit by 'difficult market'

22nd Aug 2012 07:43

Shares of electronic component and sensor technology firm TT Electronics plummeted on Wednesday after it revealed that first-half revenues slipped on the back of tough market conditions. The Surrey-based group, which supplies electronic components to manufacturers in the automotive, defence, aerosp

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Flat start to the year for TT

15th May 2012 13:58

Global electronic components supplier TT Electronics said sales in the first four months of the year (at constant exchange rates) were on a par with last year. The group counted this as a good result, given the sharp increase in orders in 2011 following the Japanese earthquake. Order receipts hav

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Sector movers: Electricals rise, while ex-div stocks drag pharmaceuticals lower

15th Feb 2012 16:09

The full-year results from industrial materials maker Morgan Crucible were received well on Wednesday, helping to push the electronic and electrical equipment sector higher. Morgan Crucible saw record revenues and operating profit in 2011, with the group making rapid progress towards the attainment

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Sector movers: SSE falls as EDF cuts gas prices

11th Jan 2012 15:35

UK-listed electricity stocks were providing a drag today, after French utilities giant Electricite de France announced that it would reduce gas bills from its UK arm. Gas and electricity giant SSE, the nation's second-largest energy supplier, was among the worst performers of the day on the FTSE 10

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Wednesday broker round-up - UPDATE

11th Jan 2012 08:56

Unilever: Bank of America Merrill Lynch downgrades to underweight from neutral. Aggreko: Credit Suisse downgrades to neutral from outperform. Capita: Citi upgrades to buy from neutral. Reckitt Benckiser: Morgan Stanley upgrades to overweight from neutral. Rentokil: RBC upgrades to top-pick fr

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Cash generation improves at TT

11th Jan 2012 07:55

Electronic component and sensor technology firm TT Electronics said it saw "sustained progress" in the last quarter of 2011 and still expects profits to be significantly ahead of 2010. "TT is delivering sustainable improvements in operating performance amidst considerable macroeconomic uncertainty,

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Sector movers: Spectris sparks electrical stocks

11th Nov 2011 16:33

A near-9% jump in the share price of Spectris has boosted the electronic and electrical equipment sector today, with constituents making an average gain of 4.34%. Spectris, the precision instrumentation and controls company, saw like-for-like revenue growth across all four of its sectors during the

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Sector movers: Burberry lifts personal goods sector

20th Sep 2011 16:31

Burberry was among the best performers on the FTSE 100 on Tuesday, pulling the personal goods sector higher. The iconic British luxury brand was 4% higher before the close of trade, after its Prorsum brand dazzled the fashion industry at London Fashion Week on Monday. Meanwhile, shares rose in sym

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Glencore non-exec buys first shares

30th Aug 2011 17:19

Non-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house. He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today. Coates is the chairman of Austral

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TT sells remaining non-core general industrial assets

12th Jul 2011 10:16

Electronics and sensors supplier TT Electronics' shares inched lower despite the company reaffirming that the strong trading conditions, which were reported in May, have continued through to the end of the first half. In addition to the trading update, TT Electronics said it has sold its subsidiar

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Medusa bosses buy on weakness

23rd Jun 2011 16:05

Directors at Philippines-focused gold producer Medusa Mining have upped their stakes amid a weak spell for the company's shares. Managing director Peter Hepburn-Brown took 15,00 shares at A$6.85 (449p) a time, paying a total of just over £67,000. He previously had no shares in the company. Non-ex

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Broker snap: Higher sales prompt upgrades at TT

16th May 2011 11:05

Charles Stanley scales up its forecasts at sensor and electronic component technology firm TT Electronics after the board announced that progress in 2011 will be significantly ahead of previous expectations. Trading during the first four months has been strong, with revenues 16% ahead of 2010. "Hig

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TT Electronics chairman ups stake

15th Apr 2011 16:52

Sean Watson, chairman of TT Electronics, has upped his stake in the sensor and electronic component technology firm, buying a total of 12,550 shares for £29,221. In two separate transactions, Watson bought 7,550 shares at 166.5p per share and a further 10,000 at the same price, 5,000 of which were

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Chairman increases interest in Computacenter

22nd Mar 2011 16:58

A person connected to IT services provider Computacenter chairman Greg Lock has invested £210,000 in the company. Rosemary Lock has acquired 50,000 shares at 420p each. That takes Greg Lock's beneficial holding to 400,000 shares. Lock is also chairman of Kofax and he is a former chairman of Surf

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