MARKET TALK: Investec Lifts Anite Price Target
6th Jul 2010 10:46
0946 GMT [Dow Jones] Investec Securities lifts Anite (AIE.LN) price target to 42p from 38p following the company's FY results. Says results are almost exactly in line with forecasts and reasonably well within consensus range. The company remains well positioned to exploit 4G mobile testing and its t
Read moreBroker snap: Brokers upgrade Anite after results
6th Jul 2010 09:54
Despite what it sees as a mixed set of results for Anite, Panmure Gordon has upgraded its recommendation on the wireless equipment tester's shares, while KBC Peel Hunt is also feeling more bullish about the shares. The broker has raised its target price from 23p to 33p, having revised its earnings
Read moreUK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut
6th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RM PLC (RM.LN), a provider of educational products and services, Tuesday said GBP200 million of future revenue is under threat from the U.K. government's
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
6th Jul 2010 09:09
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0809 GMT [Dow Jones] KBC Peel Hunt upgrades Anite (AIE.LN) to buy from hold. Says there is evidence that 2H margins are begin
Read moreMARKET TALK: KBC Peel Hunt Ups Anite To Buy
6th Jul 2010 09:09
0809 GMT [Dow Jones] KBC Peel Hunt upgrades Anite (AIE.LN) to buy from hold. Says there is evidence that 2H margins are beginning to scale quite markedly, meaning FY 2010 is likely to have been a trough year. Says transparency on the roll-out of 4G remains slight, but Anite is well positioned to cap
Read moreAnite Swings To FY10 Loss, But Makes Solid Start To FY2011
6th Jul 2010 08:30
LONDON (Dow Jones)--Software company Anite PLC (AIE.LN) Tuesday swung to a full-year pretax loss as sales fell and it invested more in new products, but said it has made a solid start to the current fiscal and is eyeing a return to profit. Anite's customers reduced spending on legacy technologie
Read moreTechMARK movers: Anite's £23.6m currency loss
20th May 2010 13:06
Second half trading at telecoms and leisure software supplier Anite was in line with expectations and it ended the year with more cash in the bank. The positive reaction of the share price is surprising. A currency swap was closed at a cost of £22.6m, of which £21.6m will be charged in the year to M
Read moreAnite ends interest in WiMAX
20th May 2010 08:46
Anite will take £7m of charges this year as the wireless equipment tester ends its interest in WiMAX technology. Following the increasing market acceptance of LTE as the industry standard for 4G, Anite said it has decided WiMAX technology will be a minor part of the market and decided to close its
Read moreTechMARK movers: Wolfson recovers
12th Mar 2010 14:46
Shares in consumer electronics semiconductors supplier Wolfson Microelectronics have recovered following yesterday's announcement that Artemis had taken its stake above 13%. The 13.2% shareholding is spread around a number of funds and investment trusts. Revenues slumped from $198.2m to $121.3m
Read moreAnite non-exec buys for ISA
9th Dec 2009 15:45
Non-executive director David Hurst-Brown has acquired 74,445 shares in software company Anite for his ISA. This more than trebled his shareholding to 110,000 shares. He will benefit from tax free dividends in his ISA, starting with the 0.3p a share interim on 19 February. Hurst-Brown made his sh
Read moreLondon close: Glum faces as stocks slide
8th Dec 2009 16:40
A weak start on Wall Street and serious concerns about Greece's public finances and Dubai's debt restructuring ensured London ended deep in the red Tuesday. Fears over the solvency of Greece reached new levels after Fitch downgraded its outlook on the country by one rating to 'negative'. Fellow rat
Read moreLondon afternoon: US slump adds to Footsie woes
8th Dec 2009 15:04
Footsie's losses have widened further after a poor start on Wall Street. The leading share index had already fallen sharply, with Royal Bank of Scotland in focus. Trading in the state-controlled bank briefly stopped trading and it went into 'auction' as the price tumbled below 30p, though it has s
Read moreLondon midday: RBS dominates as rumours fly
8th Dec 2009 12:16
Footsie has turned down sharply with Royal Bank of Scotland dominating the morning. Trading in the state-controlled bank briefly stopped trading and it went into 'auction' as the price tumbled below 30p, though it has since recovered a little. The auction process is used when a company's share p
Read moreLondon open: Retailers lead fallers
8th Dec 2009 08:19
London's blue chips are slightly lower after the open on Tuesday with Tesco and Game among the main fallers after the retailers updated the market. Supermarket giant Tesco is leading the FTSE 100 fallers despite reporting strong sales in the third quarter as its Clubcard reward scheme helped it dr
Read moreAnite pre-tax profit falls sharply
8th Dec 2009 07:42
Wireless equipment tester Anite reported a sharp drop in half year pre-tax profit but said it was trading in line for the full year. Pre-tax profit fell sharply to £2.5m for the six months ended 31 October 2009 from £11.3m a year earlier. Revenue fell to £35.2m from £47.4m the year before, "reflect
Read more