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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Market movers: Tapestry, Birkenstock, Lancaster Resources, Ideal Power...

Ideal Power Inc (NASDAQ:IPWR) said on Thursday its first design win customer is close to completing prototype testing for a B-TRAN-enabled solid-state circuit breaker (SSCB) ahead of a planned rollout later this year.

“Our first design win customer is nearing completion of their B-TRAN-enabled solid-state circuit breaker (SSCB) prototype testing,” CEO Dan Brdar said in a statement.

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Lancaster Resources Inc (CSE:LCR, OTCQB:LANRF) said it has commenced desk and field work at its Lake Cargelligo gold project in New South Wales, Australia, the first step toward completing its maiden National Instrument 43-101 Technical Report.

The 28,768-hectare project sits in the Lachlan Fold Belt, a region known for high-grade gold and silver deposits.

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Birkenstock Holding PLC (NYSE:BIRK) reported third-quarter earnings on Thursday that topped analyst expectations, as mid-single-digit price increases and strong wholesale demand helped the German footwear maker offset tariff and supply chain pressures.

The company posted earnings per share of €0.69, €0.08 above forecasts, on revenue of €635 million, roughly in line with estimates.

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Deere & Company (NYSE:DE, ETR:DCO) shares moved lower as the company narrowed its full-year profit guidance along with the release of its fiscal third quarter earnings.

The agricultural machinery company now expects net income in the range of $4.75 billion to $5.25 billion, trimming the top end of its guidance from $5.5 billion.

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Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has reported new drilling results from its ongoing program at the Philadelphia project in Arizona, including the intersection of a 10-metre section of unbrecciated banded and massive quartz vein.

The intercept was encountered in core hole PC25-156, which cut approximately 10 metres of intact epithermal quartz vein within a broader 35.7-metre zone of quartz vein and quartz vein breccia.

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Tapestry Inc (NYSE:TPR) shares plunged almost 17% in early trade as Coach, Kate Spade New York and Stuart Weitzman parent company issued cautious guidance for fiscal 2026.

The company said it expects revenue of $7.2 billion, representing low-single-digit growth year-over-year.

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