TechMARK movers: ARM agreement with Fujitsu

28th Feb 2011 11:43

Chip designer ARM has signed a licence agreement with Fujitsu. This means that Fujitsu will offer ARM technology with its own platforms. ARM says the agreement will "enhance and deepen the companies' partnership". Fujitsu will be able to offer ARM technology at an earlier stage. Shares in Ultra Electronics have fallen even though the defence electronics supplier reported a 15% increase in underlying profit. Profit before tax and exceptional items rose to £102.7m in 2010, from £89.5m in 2009 on revenue up 9% to £710m. Organic growth at constant currencies was 6%. This excludes a £8.9m gain on derivatives compared with a £55.6m gain in 2009. Ultra's order book rose 7% to £817.9m. An 11% increase in the final dividend to 24p a share takes the total for the year to 34.6p a share.FTSE TechMARK - Risers Spirent Communications (SPT) 156.50p +3.78%ARM Holdings (ARM) 626.00p +2.96%Phytopharm (PYM) 7.47p +1.70%Innovation Group (TIG) 15.75p +1.61%KCOM Group (KCOM) 63.25p +1.61%XP Power Ltd. (DI) (XPP) 1,754.00p +0.80%Dialight (DIA) 625.00p +0.48%Microgen (MCGN) 140.50p +0.36%Axis-Shield (ASD) 317.00p +0.32%ProStrakan Group (PSK) 132.50p +0.09%FTSE TechMARK - Fallers Skyepharma (SKP) 35.25p -5.05%Gresham Computing (GHT) 31.00p -4.62%Corin Group (CRG) 47.00p -4.08%Emblaze Ltd. (BLZ) 41.50p -4.05%Imagination Technologies Group (IMG) 405.60p -3.77%Ultra Electronics Holdings (ULE) 1,723.00p -3.69%Filtronic (FTC) 32.25p -3.01%Sinclair Pharma (SPH) 36.25p -2.03%BATM Advanced Communications Ltd. (BVC) 25.00p -1.96%Alterian (ALN) 177.00p -1.67%