- Contract with GKN Aerospace worth $100 million over five years- Set to commence in 2023- Represents first entry into the USMicro cap aerospace firm Velocity Composites (VEL:AIM) may not have been too familiar to many investors before now but it will be on the radar of a fair few after today's big contract win.The company has snared a contract with GKN Aerospace (owned by Melrose Industries...

London's FTSE 100 finished Friday's trading session 1.2% higher at 7,043.6 points after US retail sales came in flat, short of expectations and helping to calm the recent fears over inflation that have spooked global markets.By 4.30pm UK time the S&P 500 index was up 1.2% at 4,163.67. In the UK, the domestically focused FTSE 250 finished up 1.2% at 22,336.1 points.SAGE NUMBERS ADD UPIn...

London's FTSE 100 built on Friday's early gains to trade up 0.7% at 7,011.66 by midday, while the domestically focused mid-cap FTSE 250 edged 0.7% higher to 22,231.2 points.The move higher followed a rally on Wall Street overnight with the latest update on retail sales across the Atlantic likely to be in focus this afternoon.SAGE NUMBERS ADD UPOn the market, accounting software firm Sage (SGE)...

The FTSE 100 made a positive start to trading as it crept back above 7,000 after a volatile couple of days, helped by gains in heavyweight financial and consumer staples stocks, while asset management services firm Sanne (SNN) topped the mid-cap index after rejecting a £1.3 billion buyout proposal.On global markets, shares snapped a three-day decline, reflecting an overnight revival on Wall...

Burnley-based Velocity Composites (VEL:AIM) makes aerospace composite material kits. It joined the stock market in May but remains under the radar of most investors. We think it is worth a closer look.A composite is an umbrella term to describe a number of materials, usually made up of two different components that together have very different properties than the individual elements.Bridges...