Highest order to date of £24m Revenue seen above expectations Order triggers exercise of warrants Designer and manufacturer of advanced RF (radio frequency) solutions Filtronic (FTC:AIM) was the biggest gainer in the FTSE AIM 100 index, surging by 10% to 141p after announcing its largest order to date from SpaceX. The shares are up 88% so far in 2025 and a staggering 16-fold over the last...

Harbour chairman sells big chunkEnergean directors buy up stockFiltronic CEO buys £24,986 sharesEIG Separate Investments (Cayman), an entity closely associated with R. Blair Thomas, chairman of FTSE 250 oil and gas company Harbour Energy (HBR), sold 6,653,009 million Harbour shares at 206p for a total value of £13,705,198.54 on 25 March.The disposal comes after the North Sea producer swung...

Shares in Filtronic (FTC:AIM) have been on a roll over the past year as the communications kit designer has benefited from successive contract wins from SpaceX, Elon Musk's rocket and spacecraft maker.On 10 February, the company signed a new £16.8 million contract to be fulfilled between now and the end of 2026.Katherine Thompson, director at Edison, said: 'The close working relationship with...

European stocks traded higher on Monday, despite more US tariffs, while the FTSE 100 outperformed peers on a boost from BP.A report that an activist investor has picked up a stake in BP lifted the oil major. Gold hit a record high, boosting precious metal miners. News of another batch of US tariffs, this time in the aluminium and steel sectors, meant European stocks got off to a slow start to...

New contract valued at £16.8 millionShares up 186% over the past year1H25 group revenue up over 200%Shares in Filtronic (FTC:AIM) hit an all-time-high of 107p in early morning trading as the communications kit designer announced a further contract win with Elon Musk's SpaceX.The contract, valued at £16.8 million, is to be fulfilled over full year 2025 and full year 2026. WHAT DID THE...

Higher-than-expected ordersSpaceX driving upgrade cycleAerospace and defence market penetration excites analystsShares in Filtronic (FTC:AIM) rose 7% to an all-time high of 96.5p on 13 January after the communications equipment specialist upgraded guidance for the year to May 2025 once again amid ongoing positive order momentum.In a brief update, the County Durham-based firm announced that...

European stocks were down at midday in London, as new economic data from China showed continued sluggish domestic consumption.China's retail sales growth weakened last month, official data showed on Monday, missing forecasts as demand remains muted in the world's number two economy. Retail sales expanded 3% year-on-year in November, the National Bureau of Statistics said, slowing from a 4.8%...

Shares gain 289% over the past yearFurther contracts expected in space marketsTechnology roadmap progress madeShares in Filtronic (FTC:AIM) were up 8% to 77p in morning trading as the communications kit designer said it expects strong half-year results for the six months ending 30 November.It has been a stellar year for the firm which has seen its shares rise 289% due to a strong order flow...

Communications equipment specialist Filtronic (FTC:AIM) has Elon Musk's space exploration company SpaceX to thank for recent share price gains.Over the past year Filtronic shares are up 336% as the company continues to maintain a relationship with SpaceX first announced in April 2024.On 30 August, Filtronic announced a further follow-on production order with SpaceX valued at £6.4 million for...

Shares in consumer healthcare colossus Reckitt Benckiser (RB.) rose 2.5% to £65.86 on news it will pay up to $1.4bn (£1.1bn) to fully resolve all US federal investigations into the sales and marketing of opioid addiction treatment Suboxone Film by its former subsidiary, pharma business Indivior (INDV).Separately, Indivior's shares shot up 37.7% to 61p after it raised full year profit and...

After the S&P 500 index lost $1.6trn in value in May due to fears of a tariff-induced US economic slowdown, investors in tech stocks Amazon, Facebook and Google-owner Alphabet faced further heavy losses on the first trading day of June over fears of rising regulatory scrutiny.Alphabet shares lost 6% in a day, or more than $45bn in market value; Amazon lost 4.6% or $40bn in value; and Facebook...

Political events continue to dominate the news agenda even for investors with the pound plunging back below $1.25 as confirmation filters through that Theresa May faces a no confidence vote from her own party.Conservative MPs will vote this evening, either backing the Prime Minister or hoping to shunt her aside for new leadership.Yet UK stock markets take that news in their stride, with the...

A shock profit warning and share suspension from toilet roll maker Accrol (ACRL:AIM) provides a timely reminder to look for negative signs in trading updates.It was impossible to spot all the negative points that led to Accrol saying current year earnings would be significantly below market forecasts and that net debt had ballooned.However, there were two signs in the previous trading update...

London's blue-chip benchmark firms 31.4 points to 7,341.4 on Monday, opening on the front foot following a generally positive session on Wall Street on Friday, as investors around the world appeared to be coming to terms with the ongoing tensions between the US and North Korea.Corporate news is fairly thin on the ground, although one eye-catching mover is smart home technology tiddler...

Microwave and radio frequency kit designer Filtronic (FTC:AIM) will report its first pre-tax profit after three years of red ink. The company, whose technology is used in mobile phone masts and base stations, has enjoyed a spell of strong trading that means it is likely to beat market expectations for £1m pre-tax profit.Analysts at Panmure Gordon have now upped their estimate to £1.4m for...

Fund management guru Neil Woodford is renowned for making investors money and Woodford-backed IDEX has suddenly sparked to life after striking a deal with credit cards giant, Mastercard.IDEX is a Norwegian-listed fingerprint identity technology developer being run by Hemant Mardia, once the CEO of microwave technology kit designer Filtronic (FTC:AIM). It also has UK offices in Harrogate and...

Communications kit designer Filtronic (FTC:AIM) admits it still has only limited visibility for wireless infrastructure project demand. This leaves the company exposed to lumpy orders and possibly delays. The company is hoping its new range of ultra-wide band integrated antennas will help relieve operational pressure points once they have gained meaningful traction. The shares trade at 9.62p.

On 5 September the £24.3 billion acquisition of UK microchip designs champion ARM by Japan's Softbank (9984:T) was officially sealed and, in doing so, a high quality company has been removed from the UK stock market.Investors who were lucky enough to own the shares are set to get their slice of the takeover proceeds over the coming days. ARM's timetable implies the cash will be making its way...

Filtronic hopeCommunications kit designer Filtronic (FTC:AIM) has hardened hope that it may be drawing a line under 30 months of disappointment. The company has just posted (2 Aug) full year results to 31 May showing lower, but better than expected, revenue and lowered operating costs.(SFr)Bonmarche on backfootWomen's value fashion purveyor Bonmarche (BON) has its work cut out to meet...

Communications kit designer Filtronic (FTC:AIM) may at last be drawing a line under 30 months of disappointment, prompting one analyst to speculate the shares could more than double over the coming 12 to 18 months.But as the chart shows, investors have bought the hype cycle in the past only to have their hopes dashed by a succession of grim news and we think it makes sense to steer clear.The...