Volex Share News (VLX)

Monday broker round-up UPDATE

AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation

Volex H1 profits collapse as new management sets out recovery plan

Interim results from power cords and cables maker Volex showed material revenue and profit declines but reflect little effect from the wholesale management changes at the company. The Fully Listed company, which replaced its Chief Executive in July, its Chairman in August and alongside results ann

Volex Shares Drop 26% As It Opts Not To Pay Dividend, Swings Into Pretax Loss

Thursday broker round-up UPDATE

Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock

DIRECTOR DEALINGS: Volex Non-Executive Acquires Shares

DIRECTOR DEALINGS: Volex CEO Awarded Shares

Wednesday broker round-up UPDATE

African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec

STOCKS NEWS EUROPE-UK small caps rise, broadly in line with blue-chips

Britain's small-cap equity indexes rise in mid-session trade, performing broadly in line with the blue-chips. The FTSE Small Caps Index is up 0.1 percent while the FTSE AIM All Share Index advances 0.4 percent, with the blue-chip FTSE 100 index up 0.3 percent while the FTSE 250 mid-cap ind

Wednesday tips round-up: Sirius Minerals, Volex, GlaxoSmithKline

The global pharmaceuticals sector is stuck in the 'doldrums' due to the impact of the so-called 'patent-cliff.' However, they have rebounded from their previous cycle lows - even in the case of laggards such as AstraZeneca, GlaxoSmithKline or Novartis - as investors seem to appreciate their defensiv

STOCKS NEWS EUROPE-UK small caps close up 1 pct, lag blue-chips

UK small caps close up 0.1 percent, outperforming a 0.4 percent gain on the the FTSE AIM All Share Index, while the mid-caps and blue chips both advance by 1.6 percent. Volex surges 8.7 percent after profits came in ahead of expectations and the company appointed a new CEO. "Volex's p

Volex names Eisenhardt CEO, restructuring on track

Shares of Volex rallied almost six per cent on Tuesday after it confirmed that Christoph Eisenhardt will succeed Ray Walsh as Chief Executive Officer and said restructuring initiatives were on track. The electrical, digital and optical connections provider said Walsh will step down as of July 1st

Tuesday broker round-up UPDATE

AG Barr: Investec increases target price from 562p to 591p, while downgrading from buy to add. Canaccord Genuity downgrades to hold with a target price of 570p. Amara Mining: Cantor Fitzgerald cuts target price from 81p to 63p and retains a buy recommendation. Compass Group: Nomura ups target pric

Volex to meet market views, hit with restructuring charge

Electrical, digital and optical connections provider Volex said full year revenues and operating profits for the year are expected to meet market expectations as it announced details of a restructuring charge. The group is forecast to make $473m in revenue and $11m in operating profit for the year

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank reduces target price from 594p to 586p keeping a buy recommendation. Investec cuts target price from 438p to 411p, while its buy recommendation remains unchanged. Associated British Foods: Societe Generale increases target price from 1820p to 1900p, while downgrading

888 director sells majority of stake despite strong 2012 results

John Anderson, an independent non-Executive Director of 888, the online casino and online poker firm, has sold 697,500 pounds-worth of shares in the company the same day the group unveiled a special dividend following a strong full year performance. The director, who was previously the Chief Execu