TechMARK movers: Antisoma drug shock
31st Jan 2011 12:26
Antisoma has lost nearly two-thirds of its value after its phase III trial for the AS1413 treatment for secondary acute myeloid leukaemia showed the drug to be ineffective. The data published from the trial shows that the drug is no better than the current standard and the drug is being dropped.
Read moreFiltronic posts H1 loss
31st Jan 2011 07:25
Radio systems products maker Filtronic said it generated a half year loss compared to a profit the same period a year earlier and warned of the likely loss of business following Ceragon Networks' acquisition of one of its key customers Nera Networks. "Preliminary discussions with Ceragon have yet
Read moreTechMARK movers: Filtronic claws back some losses
24th Jan 2011 12:48
Filtronic has clawed back some of last week's decline triggered by worries about the loss of business with the recently acquired customer Nera Networks. Filtronic is a supplier of point-to-point communications equipment to Nera but its acquirer Ceragon is a competitor. The Filtronic share price is
Read moreTechMARK movers: Autonomy adds more customers
21st Jan 2011 13:07
Software firm Autonomy is winning new contracts and the latest two have boosted the share price today. There is a seven figure deal with a US law firm and a licence agreement with telecoms firm Verizon. Other contracts announced this week were with Ahold, Safeway and insurer Allstate. Autonomy als
Read moreLondon close: China concerns sink Footsie
20th Jan 2011 16:31
Blue chips closed down more than 100 points as hefty losses in the mining sector dragged the whole index down. The index fell below 5,900 points for the first time this year as strong growth in China stoked speculation of an interest rate rise to cool the economy and cap inflation. Miners are heav
Read moreFiltronic fears loss of customer
20th Jan 2011 15:23
Communications equipment manufacturer Filtronic has warned that it could lose business following the acquisition of Nera Networks by Nasdaq-quoted Ceragon Networks. Filtronic is a supplier of point-to-point communications equipment to Nera. Ceragon has its own competing technology and it may chose
Read moreDirectors add to Axis-Shield stakes
8th Nov 2010 16:39
Two Axis-Shield directors have added to their stakes in the Anglo-Scandinavian diagnostics company. Finance director Ronny Hermansen bought 10,000 shares at 264p each, whereas his non-executive colleague Staffan Ek got a better deal and managed to buy his 10,000 shares at 258.31p a share. Herman
Read moreColt chief exec takes another big slice
1st Nov 2010 17:29
The chief executive of Colt has opened his wallet, splashing out nearly £250,000 on shares in the business communications and IT managed services firm. Rakesh Bhasin bought 200,000 shares at 121.4p a go and now has 500,000. Back in May he took 100,000 at 118.5p a time. Bhasin was appointed to the
Read moreLondon close: Footsie rallies after shaky start
24th Sep 2010 16:50
The roller coaster ride continued heading into the weekend, with shares rallying to finish with good gains following a drop in the morning. Shares have been jittery for most of the week, with traders unsure how to react to Federal Reserve chairman Ben Bernanke's comments on the US economy on Tuesd
Read moreSector movers: Filtronic lifts tech sector
24th Sep 2010 15:18
A well-received trading update from the wireless products specialist Filtronic gives the technology hardware and equipment sector a lift. The company said trading in the first quarter has picked up from the weak final quarter of last year, though conditions remain difficult overall. Sales are runni
Read moreLondon midday: Miners do the damage
24th Sep 2010 12:05
It's been a rollercoaster morning for London's blue chips, although pretty much all the volatility has happened in negative territory as miners struggle. HSBC, little changed at lunchtime, has hogged the headlines. Reports suggest that current chief executive Mike Geohegan will leave at the end of
Read moreLondon open: Heavyweights drag Footsie lower
24th Sep 2010 08:57
Footsie has opened lower with the heavyweight sectors of banks and miners both heading south. Speculation over the power struggle at the top of global banking giant HSBC has dominated early proceedings in London. Reports suggest that current chief executive Mike Geohegan will leave at the end of th
Read moreFiltronic sales at £12m
24th Sep 2010 07:55
Wireless products specialist Filtronic's trading in the first quarter has picked up from the weak final quarter of last year, though conditions remain difficult overall. Sales are running at around £1m per month. At the end of August 2010 the company had £15.1m of cash, a reduction of £1.1m from
Read moreTechMARK movers: Filtronic continues rise
9th Aug 2010 15:03
Wireless telecoms equipment supplier Filtronic has been a regular on the list of top TechMARK performers in the past week and it has risen by nearly one-fifth over the past seven days. There was some selling of Filtronic shares this morning but the buyers returned in the afternoon. Technology de
Read moreXP Power founder trims holding
4th Aug 2010 16:28
XP Power deputy chairman James Peters raised £1.47m from a share disposal two days after bumper interim figures from the power control products supplier. Peters sold 200,000 shares at 735p each. Peters founded XP in 1988 and still owns nearly 2.7m shares, which is equivalent to 14%. That still mak
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