Ultra Electronics shares plunged into the bottom spot after the defence group warned that revenue for 2013 would be slightly below the previous year's, hit by 'a number of headwinds', in particular the US government-funded market. In the US government-funded market, the unexpected shut-down in October further affected the federal procurement process, delaying expected orders, approvals and payments, Ultra said. [15 Nov '13]
Markets were choppy on Tuesday as reports of two ballistic missiles being fired in the Eastern Mediterranean and heightened fears about the scaling back of US stimulus dented investor sentiment. [3 Sep '13]
The share price of Genus sunk sharply on Tuesday after full-year results from the animal sciences group failed to meet forecasts. However with a solid outlook for the current year, Panmure Gordon decided to raise its rating for the stock from 'sell' to 'hold'. [3 Sep '13]
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