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Industrial
Stuart Paynter Appointed as New CFO of Ceres Power
September 06, 2024 08:36 PM AEST| By Team Kalkine MediaCeres Power,(LSE:CWR),announced on Friday the appointment of Stuart Paynter as its new chief financial officer and board member, effective 1 October. Paynter, who brings extensive experience from the technology and financial sectors, will succeed Eri...
EU Aviation Probe Pressures Rolls-Royce
September 06, 2024 07:53 PM AEST| By Team Kalkine MediaEuropean stocks opened lower on Friday as market participants grew uneasy ahead of the critical US non-farm payrolls report, compounded by disappointing economic data from Germany. By 0840 BST, the Stoxx 600 index and France's CAC 40 had both decline...
FTSE 100 Declines for Sixth Consecutive Day; Endeavour Mining Leads Early Gainers; Rolls-Royce Falls
September 06, 2024 07:15 PM AEST| By Team Kalkine MediaIndex Experiences Continued Decline,London’s FTSE 100 index fell for the sixth consecutive day, reflecting broader market apprehensions. The blue-chip index dropped 43 points in early trading, driven by growing concerns over a potential global recess...
Rolls-Royce Slips as EU Orders A350 Inspections Following Cathay Incident.
September 06, 2024 06:02 PM AEST| By Team Kalkine MediaRegulatory Inspections for Rolls-Royce-Powered A350s,Rolls-Royce Holdings PLC (,LSE:RR,) experienced a decline on Friday morning after European Union regulators mandated inspections of A350 aircraft, following an incident involving Cathay Pacific. Th...
Speedy Hire Performs Strongly Despite Ongoing Challenges
September 05, 2024 11:44 PM AEST| By Team Kalkine MediaOn Thursday, Speedy Hire,(LSE:SDY),, a prominent player in the tools and equipment rental sector, reported a solid performance for the year-to-date, despite facing ongoing challenges in various end markets. The company noted that its hire revenue for...
Eurocell Profits Up by a Third Despite Drop in Sales
September 05, 2024 02:00 AM AEST| By Team Kalkine MediaEurocell,(LSE:ECEL),, a UK-based manufacturer and recycler of PVC window, door, and roofline products, reported a notable rise in profits for the first half of the year on Wednesday, despite a decline in sales.,The London-listed company announced a 3...
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Wizz Air Launches First A321XLR Long-Range Route
September 05, 2024 01:54 AM AEST| By Team Kalkine MediaWizz Air,(LSE:WIZZ),has unveiled its first route utilizing the new Airbus A321XLR long-range narrowbody aircraft, with direct flights scheduled between Milan Malpensa and Abu Dhabi starting June 2, 2025. This announcement marks a notable expansion in...
Up 110% in a Year, Can This FTSE 100 Stock Climb Even Higher?
September 04, 2024 10:12 PM AEST| By Team Kalkine MediaThe FTSE 100 has experienced a solid performance this year, climbing over 10% in the past 12 months and approaching an all-time high. Within this positive landscape, one company stands out due to its remarkable gains over the past year.,Rolls-Royce,(...
Petards Secures £750K in Orders for EyeTrain and QRO Systems
September 04, 2024 01:18 AM AEST| By Team Kalkine MediaOn Tuesday, surveillance firm Petards,(LSE:PEG),announced that it has secured orders totaling £750,000 for its eyeTrain software, support services, and QRO ANPR systems.,The company revealed that its Petards Joyce-Loebl division has received over £50...
Johnson Service Group Sees H1 Revenue and Profit Growth
September 03, 2024 08:22 PM AEST| By Team Kalkine MediaOn Tuesday, Johnson Service Group, a company specializing in textile rental and cleaning services, reported growth in both revenue and profits for the six months ending June 30. This positive performance has bolstered confidence in the company's full...
Rolls-Royce Issue Likely 'Contained' as Cathay Starts Engine Fixes
September 03, 2024 07:00 PM AEST| By Team Kalkine MediaRolls-Royce Holdings PLC's,(LSE:RR),financial liability will be manageable following a recent engine issue that led to numerous flight cancellations by Cathay Pacific. Deutsche Bank assessed the situation on Tuesday, indicating that while there are c...
Berenberg Initiates Coverage of Bodycote with Positive Outlook
September 02, 2024 10:17 PM AEST| By Team Kalkine MediaBerenberg highlighted Bodycote’s,(LSE:BOY),financial strategy, which aims for 20% operating margins in the medium term. The firm is noted for its minimal investment needs and strong potential for self-driven improvements. The focus on an industrial c...
Haydale Graphene Secures Contract with Jersey Energy Technologies
September 02, 2024 10:16 PM AEST| By Team Kalkine MediaOn Monday, Haydale Graphene,(LSE:HAYD),, a leading advanced materials company, announced a new contract with Jersey Energy Technologies (JET) to launch a pilot trial of its underfloor heating technology within social housing on the Channel Island. Th...
Hybrid Vehicle Sales Outpace Electric Models for BYD in Record Month
September 02, 2024 09:43 PM AEST| By Team Kalkine MediaBYD Co, a major player in the,Industrial sector,, announced record sales for August, driven predominantly by a surge in hybrid vehicle sales. The company reported a total of 373,083 vehicles sold during the month, reflecting a 36% increase compared t...
Vertu Motors Faces Weaker Sales Amid EV Transition
September 02, 2024 08:30 PM AEST| By Team Kalkine MediaVertu Motors PLC reported weaker sales volumes for the five months ending 31 July, attributed to ongoing market volatility influenced by the transition to electric vehicles (EVs). The,Industrial sector,is navigating significant changes as the industr...
Rolls-Royce-Backed Engine Maker's Valuation Cut by Fund Managers
August 31, 2024 02:39 AM AEST| By Team Kalkine MediaRolls-Royce Holdings PLC,(LSE:RR),has faced a significant adjustment in the valuation of Reaction Engines, a company it supports, following recent changes by two prominent UK fund managers. The adjustments reflect growing concerns that Reaction Engin...
Berenberg Raises Target Price for Grafton
August 30, 2024 08:05 PM AEST| By Team Kalkine MediaBerenberg analysts have increased their target price for Grafton,(LSE:GFTU),, a building materials company, from 1,100.0p to 1,200.0p, citing what they consider an "attractive opportunity" despite current challenges in the market. The decision to rai...
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Ryanair Board Member Resigns to Prevent Conflicts of Interest
August 30, 2024 07:50 PM AEST| By Team Kalkine MediaRyanair has announced the resignation of Roberta Neri, one of its non-executive directors, effective September 1. Neri's departure comes after just six months on the board, driven by a potential conflict of interest related to her role at Spanish inv...
With a P/E Ratio of 4, Is IAG the FTSE’s Most Undervalued Stock?
August 30, 2024 12:25 AM AEST| By Team Kalkine MediaOne common valuation metric is the price-to-earnings (P/E) ratio, which helps gauge how inexpensive a company's shares might be. Currently, IAG,(LSE: IAG),appears quite inexpensive, with a P/E ratio of just four.,While this low P/E ratio suggests tha...
Somero Enterprises Affected by Concrete Rationing as Sales Decline
August 29, 2024 10:05 PM AEST| By Team Kalkine MediaSomero Enterprises, Inc.,(LSE:SOM),, a concrete levelling specialist listed in the UK but with a significant focus on the US market, reported a challenging half-year performance. The company's profits experienced a sharp decline due to a combination...
AI on the Rise: A Look at Top AI Companies and Their Stocks