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Ultra Electronics Holdings Shares News & Articles

Market report: Glencore hit by falling metal prices, outflows dog Standard Life Aberdeen

A seeming dialling down in the aggressive rhetoric between the US and China and the latter’s move to stabilise its currency helped restore some calm to the markets with the FTSE 100 trading 0.3% higher at 7.192.96 in early trading. Miner and commodities trader Glencore (GLEN) slips 1.9% to 226.95 after announcing that its half-yearly earnings fell by nearly a third, amid lower copper and ...

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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