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Pin to quick picksSpectra (unres) Share News (SPSY)

Share Price Information for Spectra (unres) (SPSY)

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Share Price: 250.00
Bid: 240.00
Ask: 260.00
Change: 4.00 (1.63%)
Spread: 20.00 (8.333%)
Open: 246.00
High: 263.00
Low: 246.00
Prev. Close: 246.00
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WINNERS & LOSERS: Dixons Carphone Leads FTSE 100 Gainers On US Deal

Thu, 02nd Jul 2015 10:07

LONDON (Alliance News) - The following stocks are amongst the biggest risers and fallers within the main London indices midday Thursday.

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FTSE 100 WINNERS

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Dixons Carphone, up 3.4%. The company, formed from the merger of Dixons Retail and Carphone Warehouse, said its Connected World Services arm has signed a deal with US mobile carrier Sprint Corp to open and manage a number of Sprint-branded stores in the US. It will supply mobile phone retail expertise to Sprint for 20 new stores. If successful, the scheme will then be rolled out further, with plans to open up to 500 stores. In the second phase of the programme, Dixons Carphone will invest up to USD32 million to acquire a 50% stake in the joint venture with Sprint.

Astrazeneca, up 0.9% at 4,157.00p. Berenberg upgraded the pharmaceutical giant to Buy from Hold, raising its price target to 5,200 pence from 4,800p.

Tesco, up 0.6%. Four potential buyers have been shortlisted for the sale of Tesco's Homeplus business in South Korea, which is set to fetch around USD6 billion, Reuters reported. Affinity Equity Partners, Carlyle Group, MBK Partners, and the private equity arm of Goldman Sachs have been shortlisted in the auction, Reuters said, citing a report in Korea Economic Daily.

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FTSE 100 LOSERS

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Intertek Group, down 2.8% at 2,392.00. Jefferies downgraded the testing, certification and inspection services provider to Underperform from Hold, cutting its price target to 2,100p from 2,400p.

Royal Mail, down 2.7%, Burberry Group, down 2.1%, Babcock International Group, down 1.6%. The companies are down after going ex-dividend, meaning new buyers no longer qualify for the latest dividend payout.

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FTSE 250 WINNERS

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Ophir Energy, up 2.1% at 113.80p. UBS upgraded the oil and gas company to Buy from Neutral, keeping a price target of 150p.

Jimmy Choo, up 2.0% at 164.90p. Barclays initiated the shoe retailer with an Overweight rating an a price target of 208p.

Kier Group, up 1.2%. The construction and property company said it has struck a deal to sell its fleet and passenger services business, Kier FPS Ltd, for GBP17.9 million in cash. Kier is selling the business to Alpha Holdco 1, a vehicle managed by private equity firm Endless. The sale includes the transfer of the division's finance lease debt of around GBP32 million, the company said. Kier has also signed a five-year deal with the division under which FPS will continue to supply fleet services to Kier's local authority highways and utilities business.

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FTSE 250 LOSERS

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Hunting, down 2.4%. The energy services company said its operating profit has plunged lower in the first half amid a declining rig count in the face of a falling oil price, though it said it is seeing tentative signs of a recovery, even as its full-year results look set also to show a huge drop in profit. It said the second quarter, as anticipated, saw continued declines in the oil and gas market, with an additional 34% decline in wells completed in the US, and 33% worldwide, compared to the first quarter. This "severe" decline has meant operating profit for the company in the first five months is down by 76% year-on-year.

Aveva Group, down 3.8%, Tate & Lyle, down 2.7%, ICAP, down 2.6%, N Brown, down 2.0%, Dairy Crest Group, down 1.9%. The companies are down after going ex-dividend.

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AIM ALL-SHARE WINNERS

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Spectra Systems, up 10%. The authentication technology supplier said it has signed a nine-year supply deal with an unnamed Chinese secure documents manufacturer. The contract covers the supply of at least USD5.6 million of high-margin materials by Spectra and up to USD0.5 million in hand-held readers over the course of the contract. The terms of the deal also requires a minimum annual materials revenue of GBP0.625 million, whether or not the materials are ordered.

Motive Television, up 6.7%. The technology provider to broadcasters and pay television operators said it has developed a personal video recorder for use on mobile devices and tablets, which will allow users to record programmes a week in advance and watch them at a later date.

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AIM ALL-SHARE LOSERS

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Coal of Africa, down 13%. The company said the sale of its Mooiplaats Colliery asset in South Africa to Blackspear Capital has been cancelled and said it now in talks to find another buyer. Coal of Africa's sale of the colliery asset was agreed earlier this year but has been delayed on two occasions to allow more time for Blackspear to provide proof of funding to back the ZAR250 million sale. The deadline for the offer had been extended to June 30, but this has now lapsed and will not be extended further, Coal of Africa said.

Strategic Minerals, down 10%. The company said buying more projects is "imperative" as the Cobre mine in New Mexico is not sufficient to cover its overheads. In a statement set to be given at its annual general meeting, Managing Director John Peters said that while the Cobre mine remains profitable, this is not sufficient to meet its corporate overheads.

Premaitha Health, down 9.6% at 21.35p. The company said it is to raise GBP8 million via a share placing to back its IONA test. It said it will place 40 million shares at 20 pence per share.

By Daniel Ruiz; danielruiz@alliancenews.com

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
3 Oct 2022 12:38

Spectra Systems amends central bank contract upwards

(Sharecast News) - Banknote authentication and security technology company Spectra Systems has executed an amendment to a materials procurement contract with a "long-standing" unnamed central bank customer.

Read more
12 Sep 2022 11:28

IN BRIEF: Spectra Systems on track to meet annual expectations

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Posts revenue of USD9.3 million for the six months to June 30, up 15% from USD8.0 million a year earlier, derived from "pre-production development contracts as well as larger demand for our materials to meet increased banknote demands of one of our existing central bank customers," it explains. Pretax profit rises by 10% to USD3.3 million from USD3.0 million. Adjusted earnings before interest, tax, depreciation and amortisation amounted to USD3.8 million, up 8.6% from USD3.5 million.

Read more
16 Aug 2022 15:10

Spectra gets first order for banknote disinfection system

(Sharecast News) - Authentication and security technology specialist Spectra Systems has received an order for a banknote disinfection system (BDS) to be installed at a central bank in Asia, it announced on Tuesday.

Read more
16 Aug 2022 13:31

IN BRIEF: Spectra Systems sells first banknote disinfection system

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Sells first banknote disinfection system to an Asian central bank. Says that the system will contribute to the safety of the bank's staff who handle banknotes, which may carry bacterial and viral pathogens. Adds that the units, which range in price from EUR150,000 to EUR800,000, are capable of disinfecting banknotes of varying volumes.

Read more
15 Aug 2022 09:53

IN BRIEF: Spectra Systems shares up on USD4 million contract amendment

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Sees increased revenue from unnamed central bank customer, to support expanded testing of sensors prior to delivery. Expects around USD4 million additional revenue in period to December 31, 2024. Adds that a "significant portion" of the profits from the contract amendment will be used towards additional sales and marketing efforts for its machine-readable secure polymer substrate, Fusion.

Read more
15 Jun 2022 13:18

IN BRIEF: Spectra Systems nets more revenue from central bank contract

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Sees increased revenue from unnamed central bank customer contract after amending sensor development phase. Expects USD2 million in additional revenue from amendment.

Read more
14 Jun 2022 15:46

Spectra Systems taps Colleen Hamill as its new CFO

(Sharecast News) - Banknote authentication and security technology company Spectra Systems has agreed to appoint Colleen Hamill as its new chief financial officer, it announced on Tuesday.

Read more
14 Jun 2022 14:39

EXECUTIVE CHANGES: Calnex picks new chair, ProBiotix hires new CEO

(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:

Read more
13 Jun 2022 20:27

IN BRIEF: Spectra investee Solaris begins marketing of financing round

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Says Solaris BioSciences Holdings Ltd will soon begin marketing for a financing round after being assured by the UK HMRC it qualifies for relief under the Enterprise Investment Scheme. Spectra holds a 48% stake in Solaris.

Read more
6 Jun 2022 15:58

UK shareholder meetings calendar - next 7 days

Tuesday 7 June  
Animalcare Group PLCAGM
Arix Bioscience PLCAGM
Centrica PLCAGM
Integrated Diagnostics Holdings PLCAGM
Kooth PLCAGM
Ondine Biomedical IncAGM
Osirium Technologies PLCAGM
SpaceandPeople PLCAGM
TruFin PLCAGM
Wednesday 8 June  
Ascent Resources PLCAGM
Cambridge Cognition Holdings PLCAGM
City Pub Group PLCAGM
DP Eurasia NVAGM
Gem Diamonds LtdAGM
Hiro Metaverse Acquisitions I SAAGM
Itaconix PLCAGM
M&G Credit Income Investment Trust PLCAGM
Nostrum Oil & Gas PLCAGM
Parity Group PLCAGM
Petards Group PLCAGM
Safestyle UK PLCAGM
Savannah Resources PLCAGM
Third Point Investors LtdAGM
Woodbois LtdAGM
Thursday 9 June 
4basebio PLCAGM
Northbridge Industrial Services PLCGM re name change to Crestchic
Funding Circle Holdings PLCAGM
Northbridge Industrial Services PLCAGM
Dignity PLCAGM
Corero Network Security PLCAGM
Kosmos Energy PLCAGM
Kistos PLCAGM
Tungsten Corp PLCGM re Kofax Offer
BioPharma Credit PLCAGM
Checkit PLCAGM
Panther Metals PLCAGM
Instem PLCAGM
Kore Potash PLCAGM
Rambler Metals & Mining PLCAGM
Xpediator PLCAGM
Round Hill Music Royalty Fund LtdAGM
REA Holdings PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
BlackRock Smaller Companies Trust PLCAGM
Friday 10 June 
Chariot LtdAGM
MP Evans Group PLCAGM
THG PLCAGM
Ergomed PLCAGM
Ultra Electronics Holdings PLCAGM
XLMedia PLCAGM
Monday 13 June 
Angus Energy PLCGM re second tranche of subscription shares and warrants
Elixirr International PLCAGM
Ocean Outdoor LtdGM re takeover by Atairos Group Inc
Jupiter Emerging & Frontier Income Trust PLCGM re voluntary liquidation
Mirriad Advertising PLCAGM
Saga PLCAGM
Spectra Systems CorpAGM
VPC Speciality Lending Investments PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
20 May 2022 13:41

Brian McLain to step down as Spectra Systems CFO

(Sharecast News) - Banknote authentication, brand protection and gaming security technology company Spectra Systems announced on Friday that chief financial officer Brian McLain had tendered his resignation, effective 3 June.

Read more
20 May 2022 11:56

IN BRIEF: Spectra Systems CFO Brian McLain resigns after five years

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Chief Financial Officer and Company Treasurer Brian McLain announces his intention to resign from his position. McLain was appointed CFO in January 2017. He will remain in his position until June 3 while the board considers its succession options.

Read more
21 Mar 2022 12:12

TRADING UPDATES: Asimilar to list on AQSE; Spectral MD swings to loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
24 Jan 2022 19:12

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

Read more
24 Jan 2022 09:19

Spectra Systems scores three new contract awards

(Sharecast News) - Banknote authentication and security software provider Spectra Systems Corporation said on Monday it had secured three new contract awards, generating $700,000 of additional unforecasted revenue for the 2022 calendar year.

Read more

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