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Shares in Torotrak continue their rise this week following the announcement of one of its prototype transmissions being used in a Tata Pixel concept car. The share price has risen by 45.7%. The BT Pension Scheme has edged up its stake in e2v Technologies to just above 9%. Two small share sale
Read moreNational Grid's chairman Sir John Parker today spent nearly £110,000 building up his stake in the power and gas grid operator. He bought 20,000 shares at 549.5p a time and now has 134,712. National Grid said that its operating profit is "significantly ahead of last year" in its trading statement f
Read moreGold miner Avocet's gold production increased again in the quarter to December to 70,857oz at a cash cost of US$641 per ounce. Gold production for the year totalled 236,396 ounces at a cash cost of US$660 per ounce compared to 109,548 ounces at US$639 per ounce in the 12 months ended December 2009
Read moreAntisoma has lost nearly two-thirds of its value after its phase III trial for the AS1413 treatment for secondary acute myeloid leukaemia showed the drug to be ineffective. The data published from the trial shows that the drug is no better than the current standard and the drug is being dropped.
Read moreElectronic components supplier e2v technologies says that the decision whether or not to pay a dividend is back in its own hands. Negotiations with its banks have resulted in an agreement to change the financial covenants on its bank facilities. This means that the covenants will no longer block a
Read moreInstrumentation and controls supplier Spectris continues to rise after Friday's upgrade of full year guidance. Revenues for the four months ended October 2010 increased by 21% from a year earlier. On a like-for-like basis revenues were 16% higher than the comparable period last year. Assuming cu
Read moreElectronic component maker e2v had a strong first half and expects to trade at a similar run rate over the next six months given its current order book. Profit before tax for the six months ended 30 September leapt to £10.1m from £2.6m in 2009 on revenue up 10% to £105.4m. Excluding a 'one-off' ben
Read moreFootsie closed just a few points higher Monday after a sluggish day's trading that saw the leading share index fluctuating in a narrow range just above the zero mark. Oil services group Petrofac firmed on the back of a lucrative contract win. The government of Sharjah has appointed the company t
Read moreElectronic components supplier e2v Technologies says that its figures for the year to March 2011 will be ahead of expectations. First half trading was significantly ahead of the same time last year thanks to overdue orders following industrial action. Underlying revenues were maintained. Radiother
Read moreThe blue-chip index trod water over the lunchtime session with the majority of leading stocks consolidating the morning's gains. Oil services group Petrofac is firmer on the back of a lucrative contract win. The government of Sharjah has appointed the company to take over operational responsibilit
Read moreFootsie traded in a narrow range throughout the morning session and started the afternoon in marginally in positive territory, boosted by expectations of a moderately firm opening on Wall Street. Oil services group Petrofac is leading the market's far from vigorous advance. The government of Sharja
Read moreEarly gains for Footsie have quickly fizzled out and the index is almost back where it started. Builders merchant and Wickes' owner Travis Perkins is on track as sales improved again in the third quarter. Turnover for the nine months to end of September rose 6%, driven by the merchants businesses a
Read moreElectronic component maker e2v saw a strong order flow over the past six months and as a result trading this year will be better than expected. Industrial disruption in the latter part of 2009/10 meant e2v delivered an unusually high level of overdue orders in the six months to September. In addit
Read moreElectronic components supplier e2v Technologies says that its restructuring is continuing as planned. One-third of the operations at the Lincoln plant have been transferred to Chelmsford, while Grenoble has caught up with the orders delayed due to last year's strike. There will be a trading stat
Read moreLONDON (Dow Jones)--e2v technologies PLC (E2V.LN), a global provider of technology solutions for high performance systems, said Monday it is executing a three step recovery program including re-financing the Group; ongoing implementation of the accelerated business improvement program; and returning
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