Market Pulse
IQE earnings fall as supply chain issues hamper revenues
British semiconductor manufacturer IQE confirmed investors on Friday that earnings were set to slip following a trading year heavily impaired by supply chain issues.
Findel profit to be at upper end of market expectations
Findel said on Friday that full-year pre-tax profit is likely to be towards the upper end of current market expectations following a strong third-quarter performance from its main customer-facing brand, Studio.
Elecosoft expects 'significantly higher' full-year results
Construction software outfit Elecosoft expects its full-year results to be "significantly higher" than the preceding twelve months thanks to the recent acquisitions of ShireSystems and ActiveOnline.
US pre-open: Stocks seen up as shutdown drags on; Starbucks rallies
US stocks looked set for a positive open on Friday even as investors continued to grapple with the government shutdown and worries about Sino-US relations.
London midday: Miners pace advance but Vodadone drops on update
London stocks were moving sideways on Friday, with miners pacing the advance, but ongoing worries about trade relations between the US and China keeping a cap on gains.
Asia report: Markets finish higher, led by tech sector boost
Markets in Asia finished in the green on Thursday, even as fresh uncertainties as to the state of US-China relations emerged overnight.
Deltex makes 'significant reduction' in costs
Doppler monitoring outfit Deltex Medical has seen a significant reduction in costs following the implementation of its new strategy.
Retail sales flat in January amid signs of Brexit stockpiling - CBI
Retail sales were flat in January but growth was expected for the month ahead, according to the latest data from the Confederation of British Industry.
Bonmarche Q3 sales drop less than expected
Bonmarche posted a drop in third-quarter sales on Friday but said trading remains in line with the revised guidance given at the update in December and the winter sale has started well.
Hydrogen reaps cash as profits top expectations
Recruitment outfit Hydrogen Group continued to trade "robustly" towards the end of its financial year, with profit now set to come in ahead of market expectations.
Vodafone fails to reassure despite improvements in Italy, Spain
Vodafone managed to keep underlying growth positive in the third quarter as it stemmed some of the customer losses in Italy and Spain, though it could not provide much needed reassurance over a number of ongoing investor concerns.
Redhall gets £2m short-term funding from major shareholders
Manufacturing and services company Redhall Group has agreed terms with two of its major shareholders, Lombard Odier Investment Management (LOIM) and client funds managed by Downing, for new short term financing facilities of £2m, it announced on Friday.
MC Mining shares rise as development continues
MC Mining updated the market on its second quarter ended 31 December on Friday, reporting that one lost-time injury was recorded during the period at the Uitkomst metallurgical and thermal coal colliery, up from nil in the first quarter.
Catenae Innovation trialling 'OnSide' in rugby environment
Digital media and technology provider Catenae Innovation has signed its first agreement for ‘OnSide’ within Premiership Rugby, it announced on Friday.
German business sentiment deteriorates in January - Ifo
German business confidence unexpectedly deteriorated this month, according to a widely-followed survey released on Friday.
Fuller's sells beer business to Japan's Asahi
London Pride is turning Japanese, as Fuller, Smith & Turner surprisingly decided to flog its entire 200-year old brewery business to Japan's Asahi.
London open: Stocks edge up on positive Asian cues as miners rally
London stocks edged up in early trade on Friday, taking their cue from a positive Asian session despite ongoing worries about trade relations between the US and China.
Kodal Minerals upbeat on latest drilling results from Mali
Mineral exploration and development company Kodal Minerals reported the final set of assay results for the diamond drilling completed at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.
Focus on low-cost operations paying off for Pan African Resources
Pan African Resources updated the market on its operations for the six months ended 31 December on Friday, reporting “good progress” in repositioning itself as a long-life, low cost and focussed gold producer.
Midatech seeking cash after FDA feedback
Oncology and rare disease-focussed company Midatech Pharma announced on Friday that it has received feedback from the US Food and Drug Administration (FDA) on the regulatory study for its lead product, ‘MTD201 Q-Octreotide’.