Ultra Electronics Holdings Shares News & Articles

Market report: FTSE 100 flat as Paddy Power Betfair unveils Flutter name change, Just Eat, Legal & General drag

The FTSE 100 was yesterday one of the few winners across major Western indices but it is unable to build on its early-March rebound in early trade on Wednesday, with several company results failing to impress investors. Large cap companies including insurer Legal & General (LGEN) and bookmaker Paddy Power Betfair (PPB) offset gains elsewhere with the UK’s leading index trading roughly ...

Market report: FTSE higher, bad news from Ultra Electronics hits defence sector

Despite fears Trump’s planned tariffs on aluminium and steel might prompt a trade war the FTSE 100 is 0.3% higher in early trading at 7,092.36. Though this represents a modest recovery from Friday’s sell-off when the index hit its lowest level in more than a year. Defence firm Ultra Electronics (ULE) falls 17.3% to £12.23 as it terminates its $234m acquisition of Sparton after anti-trust ...
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