Spirent Share News (SPT)

Spirent Communications to be taken over by Viavi in £1bn deal

(Sharecast News) - Spirent Communications said on Tuesday that it has agreed to be taken over by US communications equipment company Viavi in a £1bn deal, as it revealed a slump in profits.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: UBS cuts BAT to 'neutral'; Barclays cuts Senior

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

LONDON MARKET CLOSE: European shares fall as Fed rate cut bets ebb

(Alliance News) - Stock prices in London closed lower on Tuesday, as investors dialled back their Federal Reserve interest rate cut expectations, with eyes also on Wednesday's UK inflation data.

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

LONDON MARKET MIDDAY: FTSE 100 falls despite cooler UK wage growth

(Alliance News) - The FTSE 100 in London was down at midday Tuesday, as investors nervously eye Wednesday's UK inflation data and what it will mean for interest rates.

Spirent 2023 revenue and profit drop but in line with guidance

(Alliance News) - Spirent Communications PLC on Tuesday said its 2023 results were in line with its revised expectations "following a challenging year".

Spirent Communications confident after challenging 2023

(Sharecast News) - Spirent Communications said in an update on Tuesday that, despite facing a challenging year in the telecommunications sector, its 2023 full-year results aligned with its revised expectations.

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

UK earnings, trading statements calendar - next 7 days

Numis hikes Spirent Communications target price, upgrades to 'buy'

(Sharecast News) - Numis hiked its price target on Spirent Communications on Tuesday to 155p from 95p on the back of upgraded forecasts.

AT&T's OpenRAN acceleration should benefit Spirent and Calnex, says Canaccord

(Sharecast News) - Canaccord Genuity has reiterated its 'buy' ratings on Spirent and Calnex, saying the announcement by AT&T to commit $14bn to accelerate OpenRAN in the US "should rub off positively" on the UK-listed tech firms.

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

IN BRIEF: Spirent Communications wins USD15 million contract with bank

Spirent Communications PLC - Crawley, England-based automated test and assurance software and services for devices and networks - Confirms signature of USD15 million contract with a "world leading retail and investment bank" to automate the unnamed financial firm's lab and testing capabilities. Spirent has received USD12 million already, with the rest due in 2024.

Spirent Communications inks testing agreement with financial services organisation

(Sharecast News) - Telecommunications testing company Spirent Communications has signed an agreement with an unnamed financial services organisation to automate its lab and testing capabilities.