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,
Read moreSector 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
Read moreSector 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
Read moreGlencore 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
Read moreTT 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
Read moreMedusa 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
Read moreBroker 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
Read moreTT 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
Read moreChairman 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
Read moreTT races ahead
17th Mar 2011 17:03
Sensor and electronic component technology firm TT Electronics bounced firmly back into the black in 2010, and took a machete to its debt pile. Profit before tax in 2010 was £25.2m compared to a loss of £16.6m the year before. With exceptional items included, profit before tax was £20.7m, against £
Read moreSmall caps round-up: Superglass, Akers Biosciences, TT electronics...
14th Jan 2011 14:00
Insulation products maker Superglass is experiencing solid trading with specialist distributors and builders' merchants, but, as anticipated, there has been a slow start to the newly extended carbon emissions reduction target (CERT) programme. The expectation is that the company's trading performa
Read moreSmall caps round-up: Amerisur Resources, Laura Ashley, Begbies...
16th Dec 2010 13:13
South America focused Amerisur Resources made a $1m profit in the six months ended 30 September compared with a $1.1m loss the year before. "Post period end, the extremely adverse weather conditions have led to a delay in the 3D3C seismic programme at Platanillo, however we still remain on track
Read moreC&W Communications recovers as boss buys shares
5th Nov 2010 11:22
News that Cable & Wireless Communications' chief executive bought shares in the company the day it released disappointing results has sparked a recovery in the telecommunications company's share price. Tony Rice spent nearly £500,000 on shares yesterday taking 1m shares at 49.7p a time, the company
Read moreMelrose non-exec invests £126,000
2nd Nov 2010 16:37
Melrose non-executive director Miles Templeman has invested a further £126,000 in the engineer and industrial products supplier. Templeman bought 44,665 shares at 281.89p each. That takes his stake to 398,787 shares. The last time a Melrose director bought shares was back in March 2009. That was
Read moreRound-up: DTZ, Rugby, Pace...
28th Oct 2010 15:05
Shares in global estate agent DTZ tumbled 10% as it warned ongoing problems in the UK & Ireland, Europe and Africa will mean results to April 2011 coming in below current market expectations and the group posting a small loss for the year. Property group Rugby Estates will return a further 100p ear
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