Company
LON:SPT
Spirent Communications Plc is a communications technology company focused on delivering systems and services to meet the needs of customers worldwide. The Company is a global provider of performance analysis and service assurance solutions that enable the development and deployment of next-generation networking technologies, such as broadband services, Internet telephony, wireless and Web applications, and security testing.
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The FTSE 250-listed firm said Eric Upkye will join the company on 1 April 2019 as a director and CEO-designate and will take up the CEO position following the group’s AGM on 1 May 2019
The roll-out of 5G will give demand a further boost in 2019
"Brutal cuts from the ECB as GDP growth for 2019 is cut from 1.7% to 1.1%. With this in mind, it seems like any possible interest rate raises are all but completely ruled out until likely 2021," declared Jordan Hiscott, the chief trader at
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Results from Aviva, Admiral, Greggs and Premier Oil are all in the diary for Thursday.
Spirent Communications said full year revenue gained 6%, driven by growth in the networks and security division
Hutchinson’s parting shot was an upbeat trading statement that orders are now translating into revenues
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FTSE 100 lost almost 77 points to close the day at 7,575, while FTSE 250 was also down, off over 252 points at 20,548
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A month ago, a rate hike of a quarter of a point seemed nailed on. Most economists still think it is the most likely outcome but the decision may not be unanimous given some recent iffy economic data
Builders and building materials
For the six months to June, the FTSE 250-listed firm saw its underlying pre-tax profit rise by 7% at reported rates and 18% at constant currency to £42.2mln, excluding exceptional items
A look at some of the biggest risers and fallers in London on Thursday
Investments and investor services
The premier UK blue-chip exchange added around 45 points at 7,203, while FTSE 250 also stormed higher, up 193 points at 19,968.
Premier Oil and G4S are among the highlights in the schedule for Thursday
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A glance at some of the day's highlights from the Proactive Investors newswire
“We are pleased with the progress in the first half, delivering improved earnings and operating margin on level revenue”
A look at some of the biggest risers and faller in London today ...
Around 3pm, the UK benchmark index was ahead almost 65 points at 7,476, just holding off the day’s peak of 7,484.53 hit after the Bank of England left UK rate unchanged
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Next is expected to shine in its second quarter trading update
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
