Mon, 13th Feb 2017 07:59
(ShareCast News) - Laird´s new boss and finance chief took advantage of the recent crash in the share price to pick-up stock in the firm they lead. On 19 October the manufacturer of products for wireless telecommunications said trading improved a bit in the third quarter - helped by currency shifts
Read more** Laird a supplier to smartphone makers including Apple, dives 47%, on course for biggest one-day drop ever, in heavy volume ** Warns of lower FY profit, saying production growth for mobile devices this year lagging previous cycles and that it has "poor" visibility on order volumes *
Read more(ShareCast News) - Although trading at Laird improved slightly in the third quarter, helped by currency shifts, it warned profits for the full year would be lower than expected due to delays in the mobile devices cycle and increased margin pressure. This made for a "very challenging trading perfo
Read more(ShareCast News) - Cyclicals took over from defensives, with Tesco spearheading gains among food and drug retailers while pharma stocks acted as the main drag. Tesco shares accounted for the lion's share of the gains in that sector after Unilever said issues surrounding the supply of its leading bra
Read more(ShareCast News) - FTSE 250 technology firm Laird has appointed Kevin Dangerfield as its new chief financial officer with effect from 17 October. He succeeds Tony Quinlan, who was appointed chief executive officer in September. Dangerfield spent almost ten years as CFO of Morgan Advanced Materials,
Read more(ShareCast News) - Slightly better-than-expected Chinese economic data saw shares in Russia-focused steel-maker Evraz notch a fresh 52-week high at 180.0p, taking its sector gauge higher with it. Over the weekend, the official Chinese manufacturing sector purchasing managers' index for the month of
Read more(ShareCast News) - Energy-related stocks continued to retreat as crude oil futures extended their recent leg lower on the heels of reports of increasing exports out of Libya and Nigeria. West Texas Intermediate dropped 2.05% to $43.01 per barrel while Brent futures retreated 1.52% to $45.88. On 14
Read more(ShareCast News) - The FTSE 250 rose 0.59% to 17,863.91 points in Thursday afternoon trade. Kaz Minerals was the biggest riser on London's second tier index after it reported a rise in first half earnings and said its new Bozshakol project is on track for commercial output in the second half. Fo
Read more(ShareCast News) - Motor insurance company Admiral Group looks overvalued compared to peers, RBC Capital Markets said on Thursday as it reiterated an 'underperform' rating and cut its target price to 1,600p from 1,625p. RBC reduced its profit before tax estimates for fiscal years 2017-18 by 8% on av
Read more(ShareCast News) - Admiral Group: RBC reiterates underperform with a target price of 1600p. Laird: Berenberg maintains sell with a 230p target. BGEO Group: UBS reiterates neutral with a 2960p target. ICAP: Exane BNP Paribas upgrades to outperform with a 510p target. Poundland: Credit Suisse keeps
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