London afternoon: Financials lift Footsie
29th Jul 2009 14:33
Risers outnumber fallers by around three to one among FTSE 100 constituents, as the blue-chip index resumes its upward climb following yesterday's pause for breath. Financial stocks lead the advance, with insurers Aviva, RSA and Standard Life to the fore, as is part-nationalised bank Royal Bank of
Read moreARC jumps on bid approach
29th Jul 2009 12:37
Shares in Arc International jumped after the chip designer confirmed it is in talks with an unnamed third party regarding a potential offer for the group. "ARC notes today's movement in the company's share price and confirms that it is in discussions with a third party which may or may not lead to
Read moreArc sees drop in first half revenues
20th May 2009 10:00
Chip designer Arc International expects to report a year-on-year drop in first half revenues as market conditions remain challenging. The group said it is expecting to generate revenues for the first half of between £6m to £8m compared with £9.3m in the same period last year. Arc added that its l
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