Imagination Technologies Chairman Geoff Shingles to step down
10th Jul 2014 08:25
Geoff Shingles, the long-running Chairman of chip group Imagination Technologies, is to retire within the next year, the company announced on Thursday. Shingles, who has chaired the board since 1994, said he intends to step down within the next six to 12 months when a successor has been appointed.
Read moreLondon open: Upbeat China data gives markets a boost
1st Jul 2014 08:18
- Chinese manufacturing at six-month high - Global manufacturing PMIs in focus - Ukraine ends ceasefire with rebels techMARK 2,821.23 +0.13% FTSE 100 6,773.37 +0.44% FTSE 250 15,734.94 +0.07% UK equity markets rose strongly on Tuesday morning as upbeat manufacturing data from China gave the heavyw
Read moreFTSE 250 movers: Housebuilders continue higher after UBS comments
27th Jun 2014 15:51
UBS helped housebuilders higher after it said that the positive fundamentals of the sector remain unchanged despite measures by the Bank of England announced yesterday to cool the housing market. It said that while a "policy over-reaction" is undoubtedly the biggest risk to the sector, this risk has
Read moreLondon midday: Mixed global data limits upside on the FTSE 100
27th Jun 2014 11:59
- UK GDP revised lower, but consumer confidence rises - Eurozone, Japan and China data disappoints - Fed's Bullard sparks rate-hike fears - Imagination drops on Intel stake sale techMARK 2,806.43 +0.15% FTSE 100 6,743.67 +0.13% FTSE 250 15,633.14 -0.09% London equities were making small gains on F
Read moreImagination Technologies shares drop as Intel offloads 9.3% stake
27th Jun 2014 09:21
Shares in chip group Imagination Technologies dropped dramatically on Friday morning after microprocessor giant Intel sold a 9.3% stake in the business. Intel, which was Imagination's largest shareholder, raised £51m from the sale, leaving it with a 5% interest. The deal was made by the US firm's
Read moreLondon open: UK stocks gain ahead of GDP revision, Imagination slumps
27th Jun 2014 08:34
- UK GDP revision due out, positive surprise possible - Bullard sees Fed lifting rates in Q1 15 - Imagination Technologies drops as Intel sells 9.3% stake techMARK 2,806.89 +0.17% FTSE 100 6,757.13 +0.33% FTSE 250 15,671.51 +0.16% London stocks opened tentatively on Friday morning, with small gain
Read moreFTSE 250 movers: Housebuilders jump following new BoE measures
26th Jun 2014 15:16
Housebuilders and related stocks including Redrow, Countrywide, Taylor Wimpey and Galliford Try leapt as investors reacted postively to the new Bank of England measures to cool the housing market. Alastair Stewart from Westhouse Securities said that the measures were "less draconian than many observ
Read moreFTSE 250 movers: Northgate rises on return to the black
25th Jun 2014 15:48
Commercial vehicle hire group Northgate turned a corner back into the black after underlying business returned to growth in the UK and Spain, prompting a decent rise in the share price. The company increased the number of vehicles on hire over the year, partly driven by the opening of seven new si
Read moreSector movers: Imagination leads tech stocks lower amid market sell-off
25th Jun 2014 15:07
Every sector on the London stock market was under selling pressure on Wednesday as concerns about US economic growth and geopolitical worries sparked a sell-off across the board. Data released this afternoon showed that the world's largest economy shrunk at an annualised rate of 2.9% in the first q
Read moreLondon close: Cable slips after dovish MPC testimony
24th Jun 2014 17:01
- MPC members grilled by MPs, sound dovish tone - Iraq tensions, German data weigh on sentiment - Cable falls to 1.6969 techMARK 2,809.07 -0.68% FTSE 100 6,787.07 -0.20% FTSE 250 15,547.21 -0.82% UK stocks erased early gains and ended the session slightly in the red as investors digested dovish c
Read moreFTSE 250 movers: Imagination Technologies jumps after beating forecasts
24th Jun 2014 15:22
Imagination Technologies rose strongly after its annual figures managed to beat analysts' forecasts despite a fall in profits. The company, which makes multimedia, communications and general purpose processors, also impressed the market on Tuesday by saying the demand for its Ensigma communications
Read moreLondon midday: Stocks slip as investors weigh MPC comments, German data
24th Jun 2014 11:59
- MPC members grilled by MPs, sound dovish tone - Iraq tensions, German data weigh on sentiment - Domino Printing plummets on cautious outlook techMARK 2,807.14 -0.75% FTSE 100 6,788.81 -0.17% FTSE 250 15,563.07 -0.72% UK stocks erased early gains and were trading in the red by Tuesday lunchtime a
Read moreLondon open: Subdued start as investors await comments from MPC
24th Jun 2014 09:02
- Stocks open broadly flat ahead of German data - BoE members face grilling from MPs - Domino Printing sinks on cautious outlook - Imagination Technologies impresses techMARK 2,823.59 -0.17% FTSE 100 6,806.42 +0.09% FTSE 250 15,666.80 -0.05% UK stocks opened more or less unchanged in early trading
Read moreImagination Tech profits fall less than expected despite smartphone slowdown
24th Jun 2014 08:53
- Adjusted operating profits fall 28% but beat forecasts - Revenues increase 13% - Internet of Things trends positive, smartphone growth slows Annual profits at Imagination Technologies dropped despite higher revenues in the year to April 30th, though figures still managed to beat analysts' forecas
Read moreFTSE 250 movers: Imagination extends gains on MediaTek chip news
5th Jun 2014 14:11
Chip designer Imagination Technologies, saw shares jump around 10% today, extending gains made yesterday after it was reported that its MIPS technology had been included in a new security camera chip by MediaTek, one of rival ARM's biggest customers. The stock has now gained 14% in the last two days
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