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Radio systems products maker Filtronic saw a further weakening of demand from a large customer in the second half of its financial year, contributing to a slide into the red. Revenue from continuing operations in the year to 31 May 2010 slumped to £15.6m from £28.8m the year before. Loss before tax
Read moreLONDON (Dow Jones)--Filtronic PLC (FTC.LN), a technology-led service focused on point to point communications, Monday reported a swing into loss for fiscal 2010 but maintained the dividend at 1 pence. MAIN FACTS: -Revenue from continuing operations for year ended May 31, GBP15.6 million (200
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CAPE PLC (CIU.LN), an energy services company, expects a surge of new contracts in the Middle East and Australia after fostering relationships with a num
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps INTERNATIONAL PERSONAL FINANCE PLC (IPF.LN) Friday announced its inaugural public bond issue, pricing EUR225 million five-year bonds at a fixed coupon o
Read more(Adds detail, analysts' comments, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Electronic component maker Filtronic PLC (FTC.LN) Friday announced a re-entry in to the base station market, after agreeing to buy wireless telecommunications products company Is
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PANTHEON RESOURCES PLC (PANR.LN), an oil and gas explorer, Friday said drilling of the Kara Farms well in Tyler County, Texas, has been delayed because o
Read moreLONDON (Dow Jones)--Electronic component maker Filtronic PLC (FTC.LN) Friday said it has agreed to buy wireless telecommunications products company Isotek (Holdings) Ltd. in a cash and share deal worth GBP10.7 million, so it can re-enter the market for base stations. Filtronic will pay GBP4.35 m
Read moreTIDMFTC RNS Number : 2117Q Filtronic PLC 30 July 2010 ? Filtronic plc ("Filtronic" or the "Company") Proposed acquisition of Wireless Infrastructure Business of Isotek Filtronic, the designer and manufacturer of microwave electronics products for the wireless tele
Read morewith the potential for an early step change in business revenues. Products have been developed, manufactured and now qualified in customer trials in both the US and Europe and have led to initial production orders from tier one OEMs and operator customers. New prospects at major operators with pro
Read moreBT Group is higher after the accounts of its pension scheme showed that it had performed well last year. The BT Pension Scheme made a 12.2% return on investment and this helped cut the pension deficit from £9bn to £7.6bn. The pension scheme reduced its exposure to shares from 35% to 29% of its p
Read morePositive broker coverage has given chipmakers a lift, boosting the technology hardware & equipment sector. Shares in CSR, which specialises in chips used for wireless communications, move up after an upgrade to 'buy' from 'neutral' in expectation that big customers such as the mobile phone groups S
Read moreFiltronic's customers have been slow to start spending again following the downturn and the company, which makes microwave electronics products for the wireless telecoms market, expects to make a small operating loss for the full year as a result. 'Trading in the fourth quarter has suffered from th
Read moreFiltronic revealed a decline in half year pre-tax profit and said it expects reduced demand levels to continue through the remainder of the financial year. The telecommunications technology group said pre-tax profit from continuing operations fell to £0.1m for the six months ended 30 November 2009
Read moreArk Therapeutics is having another go at gaining regulatory approval for its brain cancer drug Cerepro. The European Medicines Agency (EMEA) rejected Cerepro before Christmas because it did not appear to be effective. Ark says that it has assessed the evidence of the Phase III study and it believe
Read moreTostran testosterone gel maker ProStrakan trimmed half year losses, posted a 40% increase in revenue and is confident it will break even by the end of 2009. For the six months ended 30 June 2009 pre-tax loss reduced to £9.4m from a loss of £11.8m the same time a year earlier. Revenue rose to £37.0
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