IQE Share News (IQE)

IN BRIEF: Beeks Financial promotes Non-Exec William Meldrum to chair

Beeks Financial Cloud Group PLC - Glasgow-based cloud computing and connectivity provider for financial markets - Non-Executive Director William Meldrum assumes role of chair with immediate effect. Chair Mark Cubitt will transition to serve as a non-executive director. Announcement follows Cubitt's appointment in late October as executive chair of IQE PLC, replacing Phil Smith following the abrupt departure of Chief Executive Officer Americo Lemos. Cubitt had joined IQE's board in October with the intention of succeeding Smith, who remains as a non-executive director, but the change was originally planned for next year.

IQE finalises sale of closed Pennsylvania site

(Sharecast News) - Advanced compound semiconductor wafer products specialist IQE announced on Wednesday that it has finalised the sale of its decommissioned site in Bethlehem, Pennsylvania.

LONDON BROKER RATINGS: Shore Capital says "hold" Intertek

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

IQE eyes yearly profit climb as starts strategic review

(Alliance News) - IQE PLC on Monday said it is confident in its long-term prospects due to its position in providing advanced compound semiconductors, as it launched a strategic review.

IQE launches strategic review as FY revenues set to be flat

(Sharecast News) - IQE said on Monday that it was launching a strategic review of its assets and considering a sale of its Taiwanese division, as it warned that revenue for the full year was set to be flat amid "weak" consumer demand in end markets.

EXECUTIVE CHANGES: IQE chair-elect takes over as CEO exits immediately

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

AIM WINNERS & LOSERS: Proton Motor Power wins Germany follow-on order

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.

IQE chief executive Americo Lemos steps down

(Sharecast News) - AIM-listed semiconductor firm IQE said on Tuesday that chief executive Americo Lemos has left the company with immediate effect.

LONDON MARKET OPEN: HSBC shines as FTSE 100 climbs in early trade

(Alliance News) - London's FTSE 100 opened higher on Tuesday, with HSBC leading the way, before Alphabet brings US tech shares to the fore with its earnings later.

LONDON BROKER RATINGS: 3i Infrastructure cut; JPMorgan likes Rotork

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

LONDON MARKET MIDDAY: Shares mixed as investors await US inflation

(Alliance News) - London's FTSE 100 traded lower on Tuesday, underperforming European peers, as index heavyweights in pharmaceuticals, mining, and oil were in the red.

IQE revenue jumps 27% in first half as company eyes full-year growth

(Alliance News) - IQE PLC on Tuesday posted improved financial results for the first half of 2024 amid a gradual recovery in the semiconductor industry with double-digit revenue growth reported.

AIM WINNERS & LOSERS: Ethernity gets US deal green light; IQE slumps

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.

IQE sees FY results at lower end of market views, shares slump

(Sharecast News) - IQE slumped on Tuesday as it said its full-year performance was set to be at the lower end of analyst forecasts, as some markets remain in recovery in the second half of the year.

UK earnings, trading statements calendar - next 7 days