Printing technology kit supplier Domino Printing (DNO) is the day's biggest FTSE 350 faller, the shares off more than 13% to 640p. Pricing pressure and difficult markets in Asia force the group to taper expectations this year. Underlying first half pre-tax profits show a 10% increase but hefty research and development spending ahead spooks investors.

Microchip designer Imagination Technologies (IMG) continues its recent rally on full year results showing strong new licence wins, 115 in total. The shares rise 6.8% to 249.3p despite analysts calling royalties very weak.

Countermeasures specialist Chemring (CHG) dives 6.2% to 194p as chief executive Mark Papworth departs after just 18 months. Interim results also show widening pre-tax losses of £72 million for the six months to 30 April.

Floor coverings seller Carpetright (CPR) clips ahead 10p to 509p as full-year results meet forecasts downgraded following the retailer's latest profits warning. The numbers reveal a 53% drop in underlying profit before tax to £4.6 million amid a slower than expected UK recovery and poor trading in Holland. Wilf Walsh joins Carpetright as CEO on 21 July, at which point Lord Harris of Peckham will move from Executive to non-executive chairman. However the long-serving founder has shelved retirement plans, saying he'll stay on as non-executive chairman after September's annual meeting and might remain on the board as a non-executive after a new chairman is found.

Chemicals supplier Croda (CRDA) falls sharply following a downgrade to profit expectations. The £3.2 billion cap now expects quarter two pre-tax profits to be approximately 8% below the £65.2 million recorded in the first three months of the year. Investors take the profits alert badly, sending the shares tumbling almost 9% to £21.98.

Petrol retail software supplier Kalibrate Technologies (KLBT:AIM) jumps more than 12% to 113.5p as the company confirms revenues and earnings before interest, tax, depreciation and amortisation (EBITDA) will beat expectations this year.

Cameroon oil explorer Bowleven (BLVN:AIM) gains 13.2% to 45p as it secures a $250 million farm-out agreement on its Etinde project with Russian number two oil producer Lukoil (LKOH) and existing partner New Age. The deal sees its stake in the project reduce from 75% to 25%.

Clinical research specialist Venn Life Sciences (VENN:AIM) rises 7.5% to 21.5p as the company eyes significant second half revenues on the back of contract wins.

Animal health specialist Benchmark Holdings (BMK:AIM) falls 2.8% to 84.5p as threats to some second half revenues spook investors. The company says seawater temperatures are slowing deliveries.

Specialist paper and advanced materials group James Cropper (CRPR) edges 0.4% to 385p after the Kendal-headquartered firm posts a 7% rise in revenues in the 12 months to 29 March. The company highlights growth from its Technical Fibre Products business as well as rising sales from in the US.

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Issue Date: 24 Jun 2014