DiscoverIE Share News (DSCV)

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

LONDON MARKET MIDDAY: FTSE 100 lower amid pre-US jobs data nerves

(Alliance News) - Stock prices in London were mixed on Tuesday afternoon, with gains for the property sector pushing the FTSE 250 higher, but miners weighing on the FTSE 100.

discoverIE lifts interim dividend amid profit growth

(Alliance News) - discoverIE Group PLC on Tuesday reported half-year profit growth despite a dip in revenue and lifted its dividend.

DiscoverIE lifts dividend as first-half profits rise

(Sharecast News) - Shares in discoverIE rose strongly on Tuesday after the industrial electronics group lifted its interim dividend and delivered a 7% increase in first-half underlying profits on the back of better-than-expected margins.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Bank of America starts Unite Group with 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

discoverIE on track to meet annual forecasts as sales and orders grow

(Alliance News) - discoverIE Group PLC on Wednesday said it is on track to deliver annual underlying earnings in-line with its recently upgraded expectations after making good financial and strategic progress in the first half of its financial year.

DiscoverIE makes 'good financial and strategic progress' in H1

(Sharecast News) - Industrial electronics manufacturer DiscoverIE said on Wednesday that it had made "good financial and strategic progress" and was on track to deliver full-year underlying earnings in line with recently upgraded expectations.

LONDON BRIEFING: Stocks lower; GSK settles Zantac case in California

(Alliance News) - Stocks in London are set to open lower on Wednesday as investor looked ahead to the release of the US Federal Reserve's September meeting minutes later in the day.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies raises AstraZeneca to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

discoverIE acquires Slovakian antenna manufacturer for GBP45 million

(Alliance News) - discoverIE Group PLC on Wednesday said it has acquired 2J Antennas Group, which will "form a new technology cluster" with its own Antenova business.

DiscoverIE buys Slovakia's 2J Antennas for £45m

(Sharecast News) - International customised electronics designer and maker discoverIE Group said it had bought Slovakia-based 2J Antennas Group (2J), for €52.5m (£45m) on a debt free, cash free basis.

IN BRIEF: discoverIE completes "immediately accretive" acquisition

discoverIE Group PLC - Surrey, England-based customised electronics manufacturer - Completes GBP2.1 million acquisition of Newport, Wales-based power-over-ethernet module manufacturer and designer Silver Telecom Ltd, as announced on August 1. Initial cash consideration was funded from discoverIE's existing debt facilities. An earn-out of up to GBP23 million will be payable subject to Silver Telecom's performance over the next four years. discoverIE says the acquisition "is expected to be immediately accretive to group underlying earnings and underlying operating margin".

discoverIE purchases Silver Telecom for GBP21 million

(Alliance News) - discoverIE Group PLC on Tuesday said it acquired Silver Telecom Ltd for GBP21 million.