TechMARK 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
Read moreTechMARK movers: Director buying boosts Filtronic
4th Aug 2010 15:00
Further share buying by directors and a positive comment by broker FinnCap have sparked a second day's rise in the Filtronic share price. Graham Meek's wife Rosalind spent £19,000 on 50,000 shares in the wireless telecoms technology firm at 38p each, while Howard Ford bought 42,204 shares at 35p ea
Read moreARM directors take advantage of strong share price
3rd Aug 2010 16:39
Chip designer ARM's chief executive and finance director have both sold shares following a 143% increase in the share price over the past year. Chief executive Warren East sold 140,000 shares at 321.03p each, which raised just over £449,000. East joined ARM in 1994 and he has been chief executive
Read moreTechMARK movers: Meggitt falls back
3rd Aug 2010 14:22
News that orders are picking up was not enough to prevent a fall in the Meggitt share price. The engineering and aerospace group says civil aerospace orders have already improved and military revenues should pick up later this year. Revenue in the first half of 2010 fell 6% to £549.7m from £586.
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