Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreThe London-listed industrial engineering sector was the best performing sector of the day on Monday with Weir Group performing well after some upbeat comments from Bank of America (BofA). Weir, a global engineering firm with nearly 200 manufacturing and service facilities around the world, was up 4
Read moreUK small caps close 0.7 percent higher, in-line with the mid-caps and slightly behind a 0.9 percent rally in the blue chips. Avingtrans gains 4 percent after reporting a continuing turnover increase of 19 percent, with the engineering components provider on track to achieve full-year forec
Read moreAvingtrans, which designs components for the aerospace, energy and medical sectors, saw profits rise in the last half of 2012 as the company made strategic acquisitions and shaved weak assets. Profit after tax climbed to £6.5m for the six months to the end of November, compared to £0.7m in the fir
Read moreStephen Dryden, the Finance Director of recycled packaging supplier DS Smith, exercised options in the company on Wednesday and subsequently sold half of them for nearly one million pounds. The executive, appointed to the board in April 2008, exercised nil-cost options for 878,903 shares, then sold
Read moreProfitability at Avingtrans will be impacted by the loss of margin resulting from the sale of subsidiary Jena Tec, the company announced in a trading update published on Tuesday morning. Avingtrans - which manufactures critical components for the global aerospace industry - said that, in the short-
Read moreIndustrial engineering stocks were performing well on Monday with a well-received update from sector heavyweight Weir lifting sentiment. Weir reassured that it is on set to deliver double-digit profit growth this year despite weak order inputs and a slowdown in growth in the third quarter. While
Read moreAvingtrans, which designs, manufactures and supplies critical components and associated services to the global aerospace, energy, medical and industrial sectors, has boosted its full year turnover by a fifth. Revenue increased 21% to a record £44.0m (2011: £36.3m), although the gross profit margin
Read moreUltrasis, a provider of cognitive behavioral therapy for stress and mild to moderate depression, has entered into a research partnership with the Mental Health Services Department of West China Hospital to examine the benefits of using 'Beating the Blues' to alleviate mild and moderate depression an
Read moreAvingtrans, a manufacturer of critical components and associated services to the medical, energy, industrial and global aerospace sectors, has reported that group sales for the year ended May 31st are expected to be 20 per cent ahead of the previous year, in line with market expectations, following
Read moreJames Guyette, president and chief executive of Rolls-Royce's North American operations, has pocketed about £850,000 from the sale of a chink of his holding in the aeroplane engine maker. He sold 122,560 shares at 696p a time, but still has 274,796. The sale of the shares comes in the midst of a s
Read moreThe volatility continues with the top share index in the blue now after a weak start. In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, N
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