TechMARK movers: NCC figures to be in line
1st Dec 2009 14:33
NCC, which provides escrow and assurance testing software services, says that its interim figures will be in line with expectations. This reassured investors and the share price has risen. NCC has already stated that revenues were 25% higher in the first four months of the financial year. Like-for-
Read moreLondon afternoon: Equities drift lower
20th Nov 2009 22:49
Around two thirds of the Footsie's constituents are in the red today as the blue-chip index looks set to finish the week lower than it started it. US bank Morgan Stanley has rained on the parade of package tour operators Thomas Cook and TUI Travel. The bank has cut its rating on both stocks, prompt
Read moreLondon close: Volatile Footsie closes lower
20th Nov 2009 16:34
Footsie ended slightly in the red after a topsy-turvy day which saw UK shares at the mercy of the US dollar. Shares in miner Antofagasta resumed their position near the top of the leaderboard after a brief dip into negative territory that came as commodity prices slipped in line with strength in th
Read moreLondon midday: Holiday firms in the shade
20th Nov 2009 12:11
Leading shares lack direction, with Footsie's early advance turning into a retreat, as early gains on mining stocks are pared. The outlook for package tour operators Thomas Cook and TUI Travel is as miserable as London's weather, according to US bank Morgan Stanley, which has cut its rating on both
Read moreLondon open: Miners lift Footsie again
20th Nov 2009 08:51
After yesterday's shake-out, London's leading shares have started on a bright note. Miners are leading the way. They are essentially proxies for movements in the dollar at present. The US currency falls, miners go up and vice versa. The miners are up today as the dollar has dropped back from yester
Read moreAnite profits to slide
20th Nov 2009 07:49
Trading remains subdued at wireless specialist Anite with first half underlying operating profits expected to slide to £3.5m from £12.4m this time last year. The group added the first half has been challenging due to the tough economic conditions. Wireless revenues were down around 20% year on yea
Read moreAnite appoints Amos FD
2nd Nov 2009 08:50
Software solutions provider to the wireless testing and leisure travel industry Anite today confirmed the appointment of Richard Amos as finance director with effect from 2 November 2009. Amos, who joined Anite at the end of August, worked previously as finance director with Agilisys, a private co
Read moreTechMARK movers: Wolfson leads fallers
5th Oct 2009 13:58
Shares in Scottish semiconductors group Wolfson slumped as it cautioned sales are running below last year and won't pick up in the fourth quarter. 'Second half revenue forecasts and order backlog have been adversely affected by a faster than anticipated shift in product mix at a major customer,' it
Read moreLondon close: Stocks gain on economic cheer
15th Sep 2009 16:40
Footsie put further distance between itself and the 5,000 point mark as the global economic outlook brightened. The US recession is 'very likely' to have ended, Federal Reserve chairman Ben Bernanke said. Here, the UK Consumer Prices Index in August showed an annual increase of 1.6%, the lowest si
Read moreLondon afternoon: Weak retailers out of step
15th Sep 2009 14:18
Leading shares are consolidating the morning's gains, though retailers decline to join the party. Confusion and speculation surrounds the acquisition and fund raising intentions of general insurer RSA. Reports in today's FT suggest RSA indicated at a recent investors conference that it was looking
Read moreTechMARK movers: Anite down after profit warning
15th Sep 2009 13:45
Anite is one of the main fallers after it warned that profit in the first half is expected to be significantly lower than the record profits that were reported in the prior year. The group said the current trading year has been challenging, with less favourable currency movements and seasonality
Read moreBroker tips: RSA, BG Group, Anite
15th Sep 2009 13:13
Confusion and speculation surrounds the acquisition and fund raising intentions of general insurer RSA, with the company seeking to play down rumours that it is lining up a rights issue to fund a big acquisition. Reports in today's FT suggest RSA indicated at a recent investors conference that it w
Read moreBroker snap: 4G delays derail Anite
15th Sep 2009 13:11
Brokers KBC Peel Hunt and Canaccord Adams reckon shares in Anite are still worth holding after the wireless equipment tester's profit warning on Tuesday morning but Panmure Gordon reiterated its 'sell' recommendation. Canaccord Adams is contemplating downgrading its 'hold' rating, however, with Ani
Read moreLondon midday: RSA's bid plans unclear
15th Sep 2009 12:11
After a quiet but tospy-turvy session the blue-chip index ended the morning in positive territory, despite the UK inflation picture not improving as much in August as expected. The UK Consumer Prices Index in August showed an annual increase of 1.6%, the lowest since level since February 2005 and do
Read moreLondon open: Flat start to anniversary day
15th Sep 2009 08:48
London has made a quiet start as the anniversary of the collapse of Lehman Brothers sparks widespread reflection on what happened, is the crisis over? and what can be done to stop it occuring again. Trading so far is quiet with little significant company news to switch the attention away from the
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