Apple inks licensing deal with Imagination Technologies
2nd Jan 2020 07:37
(Sharecast News) - Apple has inked a new supply deal with Imagination Technologies for its graphics processing units.
Read moreImagination Technologies boosted by Numis upgrade
7th Dec 2016 09:55
(ShareCast News) - Imagination Technologies Group gained as Numis raised its rating on the stock to 'buy' from 'add' and lifted the target price to 310p from 280p following better-than-expected results. The chip maker on Tuesday reported royalty revenues rose 6% and licensing revenues increased 7% i
Read morePeter Hill to chair Imagination Technologies
6th Dec 2016 08:17
(ShareCast News) - Multimedia, processor and communications technology company Imagination Technologies Group announced on Tuesday it has appointed Peter Hill CBE as non-executive chairman with effect from 1 February 2017, with him joining the board on 1 January. The London-listed firm said Peter is
Read moreBroker tips: Imagination Technologies, Babcock, Sainsbury's
29th Sep 2016 11:56
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt
Read moreNumis cuts rating on Imagination Technologies to 'add' from 'buy'
29th Sep 2016 10:31
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt
Read moreImagination Technologies sells Pure digital radio business for £2.6m
29th Sep 2016 08:27
(ShareCast News) - Imagination Technologies said trading in the first quarter continues to be in line with the board's expectations and announced an agreement to sell its Pure digital radio business to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt. The company said the deal also
Read moreWednesday broker round-up
10th Aug 2016 10:11
(ShareCast News) - Ibstock: Jefferies reiterates buy with a target price of 190p. Legal & General: Barclays maintains equal-weight with a 194p target. Glencore: UBS reiterates buy with a 220p target. Booker: HSBC stays at neutral with a 200p target. Spire Healthcare: Berenberg reiterates buy with
Read moreImagination Technologies swings to full-year loss
5th Jul 2016 07:57
(ShareCast News) - Imagination Technologies, which design chips for Apple, swung to a loss for the year ended 30 April as revenue dropped amid a significant restructuring of the business. The company reported a pre-tax loss of £63.2m from a profit of £2.2m the year before, as revenue declined 23% to
Read moreImagination Technologies promotes Heath to CEO as restructuring bites
26th May 2016 11:14
(ShareCast News) - Imagination Technologies warned revenues and adjusted losses would be "materially" below market expectations, though underlying trading remained in line and restructuring activities were on course to deliver healthy savings next year. While underlying trading, before including one
Read moreImagination Technologies rockets as Tsinghua buys 3% stake
9th May 2016 09:50
(ShareCast News) - Shares in Imagination Technologies rocketed on Monday after it revealed Chinese state-backed conglomerate Tsinghua Unigroup International acquired a 3% stake in the London-listed chip designer. Tsinghua Unigroup, which is part of Tsinghua University and owns stakes in Western Digi
Read moreApple crunched as iPhone's quarterly sales fall for first time
27th Apr 2016 06:35
(ShareCast News) - Apple lost a titanic $46bn in market value as its shares fell 8% in after-hours trading as the tech company confirmed the iPhone's first ever quarterly decline in sales and so missed analysts' expectations for sales and earnings. Sales of iPhones sank 16% to 51.2m in the three mon
Read moreBroker tips: Imagination Technologies, M&S, Anglo American
11th Mar 2016 11:04
(ShareCast News) - Imagination Technologies surged on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' and lifted the price target to 191p from 151p following a visit to the company's headquarters in Kings Langley. In its last note, N+1 outlined a scenario where the group reduced rese
Read moreImagination Technologies surges on N+1 Singer upgrade
11th Mar 2016 09:30
(ShareCast News) - Imagination Technologies surged on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' and lifted the price target to 191p from 151p following a visit to the company's headquarters in Kings Langley. In its last note, N+1 outlined a scenario where the group reduced rese
Read moreSunday newspaper round-up: GSK, Sainsbury's, BT, Imagination Technologies
21st Feb 2016 17:23
(ShareCast News) - Financial institutions in the City of London are fairly pleased with David Cameron's agreement with the European Union ahead of June's referendum as it looks to have secured the Square Mile from excessive further Brussels red tape. A potentially painful sticking point has been avo
Read moreTuesday broker round-up
9th Feb 2016 15:11
(ShareCast News) - Glencore: RBC Capital upgrades to outperform with a target of 135p. Barclays and JP Morgan stay at overweight and Goldman Sachs keeps at neutral. First Quantum Minerals: Goldman Sachs downgrades to sell with a target price of 130p. Randgold: Ubs downgrades to neutral, 6000p targe
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