Torotrak PLC Share News (TRK)
TRK Share
TRK Share
TRK Share
TRK Share
TRK
TRK Share
TRK Broker
TRK Directors
TRK Financial
TRK
TRK Short
TRK
Vehicle transmission group Torotrak is providing a lift to the automobiles and parts sector, with shares climbing 17%. The firm revealed Wednesday that it has signed a licensing agreement totalling £8m with its largest shareholder, US-based peer Allison Transmission. Engineering giant GKN is among
Read moreShares 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 moreShares in GlaxoSmithKline have reacted favourably to the drug developer's 2010 figures. Generic competition hit revenues, which were down 1% to £28.4bn. Pre-tax profits were down to £4.5bn from £8.7bn. The full-year dividend was raised by 7% to 65p a share. Drive technology developer Torotrak
Read moreThe automobiles and parts sector is accelerating higher despite a mixed report from the Society of Motor Manufacturers and Traders (SMMT). Car sales slowed sharply in the second half of 2010 and remain under pressure but should pick up in the last six months of this year. While car sales rose by 1.
Read moreShares in gearbox designer Torotrak motored ahead after it reported that its outdoor power equipment joint venture with US group MTD has been replaced with new licensing arrangements, including an additional $1.6m (£1m) in payments to Torotrak. Omega Insurance Holdings has increased its estimate of
Read moreTorotrak has perked up today following yesterday's buy note published by Charles Stanley. Gearbox designer Torotrak increased development costs to £2.5m in the first half, but still narrowed interim losses to £1.8m from £2.2m this time last year. Charles Stanley has initiated coverage following th
Read moreEngineering and construction services firm Renew has had a "satisfactory" operating result for the year ended 30 September in line with expectations. Profit before tax and exceptional items dipped to £4.6m from £5.5m on revenue down to £290.4m from £316.6m a year ago. There's been a 50% increase in
Read moreTorotrak has warned that the outcome for the year to March 2011 is still reliant on potential licence discussions and whether Allison transmission takes-up further options. Transmission systems developer Torotrak has recognised £700,000 of licence income from Allison so far this year. The develo
Read moreLONDON (Dow Jones)--Torotrak PLC (TRK.LN), which develops and manufactures infinitely variable transmission systems for all types of vehicles, said Thursday that since reporting results for the financial year ended March 31, in May trading has been in line with management's expectations and those of
Read moreHull-based telecoms services provider KCOM is bucking the trend in the market today. The share price rise comes after a sharp fall earlier this month. Figures for the year to March 2010 were broadly in line with expectations but the net debt figure was better than expected. Underlying pre-tax profi
Read moreShares are in full-scale retreat around the World with the Dow over 250 points lower soon after the opening bell. London is lower by a similar amount in percentage terms, as concerns over a possible bail-out of Spain and growing military tensions between North and South Korea. Moves by Spanish reg
Read moreThe FTSE 100 dived below the 5,000 level in the first few minutes of trading and at one point in the morning session dipped briefly below 4,900 but prices have now stabilised. Though it is scant consolation, London is not alone in shifting violently into reverse gear, as increasing fears about a p
Read moreChairman-elect Tim Ingram has acquired 250,000 shares in broker Collins Stewart. Ingram has been a non-exec on the broker's board for 10 weeks and the share purchase at 77.69p a share represents an investment of £194,225. The purchase takes his stake to 285,000 shares. Ingram takes over as chair
Read moreInvestec Securities has cut its target price for telecoms group Cable & Wireless from 140p to 120p a share. The broker has downgraded its recommendation from hold to sell. Investec believes that lower revenues in the Caribbean have not been fully offset by cost cutting. There are also fears that C
Read moreIt was another bad day for gearbox designer Torotrak, down 7% after Wednesday's results and on growing fears about the motor industry. Yesterday the group said it had narrowed full-year losses to £1.9m from £2.3m last time and increased turnover to £4.6m from £3.6m. But satnav group Trafficmaster
Read more
