Broker tips: Reckitt, Vodafone, Imagination Technologies
6th Feb 2014 12:48
Consumer goods giant Reckitt Benckiser was making gains on Thursday after Credit Suisse lifted its rating for the stock from 'neutral' to 'outperform', saying that investors should look past concerns regarding its struggling pharmaceuticals division. "It is time then to look past pharma challenges,
Read moreLondon midday: Stocks push higher ahead of ECB as BoE holds rates
6th Feb 2014 11:28
- BoE keeps policy on hold - ECB decision, press conference in focus - US futures higher ahead of data techMARK 2,769.50 +0.89% FTSE 100 6,517.70 +0.93% FTSE 250 15,697.91 +0.88% After a cautious start, UK markets pushed firmly into positive territory on Thursday and were registering decent gains
Read moreBroker snap: Jefferies upbeat after Apple deal at Imagination Technologies
6th Feb 2014 10:48
Jefferies has maintained its 'buy' rating and 364p target price for Imagination Technologies after Apple extended its multi-year licence agreement with the chip designer. The contract gives Apple access to Imagination's range of current and future PowerVR graphics and video IP cores. Imagination wi
Read moreImagination spikes higher as Apple extends licencing deal
6th Feb 2014 09:16
The share price of Imagination Technologies rocketed higher on Thursday morning after US tech giant Apple extended a 'multi-year, multi-use licence agreement' with the chip designer. The contract gives Apple access to Imagination's range of current and future PowerVR graphics and video IP cores, th
Read moreLondon open: Stocks rise but upside limited ahead of busy session
6th Feb 2014 08:29
- Stocks await economic data, policy decisions - ECB rate cut on the cards - Blue-chip updates come in mixed techMARK 2,750.64 +0.21% FTSE 100 6,465.58 +0.12% FTSE 250 15,605.64 +0.28% UK markets opened with small gains on Thursday morning as investors reacted to a number of blue-chip results, th
Read moreSector movers: ARM drags tech stocks lower after royalty miss
4th Feb 2014 15:12
A negative reaction to results from ARM Holdings dragged the technology sector lower on Tuesday as weak royalty revenue growth once again disappointed investors. The chip designer beat headline forecasts with fourth-quarter revenue rising 15.3% year-on-year to $302.9m, compared with the consensus e
Read moreLondon midday: Stocks rise as emerging-market turmoil eases
28th Jan 2014 11:31
- Markets rebound from six-week low - UK GDP rises 0.7 per cent in Q4, as expected - US data, FOMC meeting awaited techMARK 2,780.12 +0.66% FTSE 100 6,579.20 +0.44% FTSE 250 15,711.22 +1.18% Data showing the best annual growth in Britain since 2007 gave UK markets a lift on Tuesday, helping stocks
Read moreFTSE 250 movers: Imagination Tech continues to slide
24th Jan 2014 15:30
Imagination Technologies Group has continued its sharp decline again today. The share price has fallen from 214p on Tuesday to its current level of 182p. Cairn Energy, the oil and gas exploration and development group, dropped after it informed investors that it was contacted by the Income Tax Depa
Read moreSector movers: Imagination, ARM weigh on tech stocks
23rd Jan 2014 15:28
Steep falls from microprocessor heavyweights Imaginations Technologies and ARM Holdings sent the UK technology sector lower on Thursday. Imagination was down 5.6% at 193.7p before the close of trade, as the stock pulled back after an impressive 25% run over the last month. Nevertheless, including
Read moreFTSE 250 movers: Imagination Tech extends recent declines
23rd Jan 2014 15:25
Imagination Technologies Group was once again a big faller despite Liberum Capital recommending investors buy the stock, saying it was 'overhyped on the way up and has been oversold on the way down'. The share price has fallen from 552p in March 2013 to its current level of less than 193p. IP Grou
Read moreFTSE 250 movers: Ferrexpo hit by UBS rating cut
15th Jan 2014 15:41
Iron ore group Ferrexpo was under pressure today after being cut from 'buy' to 'neutral' by UBS "due to the elevated political risk in the Ukraine". Diploma revealed improved first-quarter revenue but fell after it cautioned that overseas progress was hurt by the strengthening pound. The technical
Read moreFTSE 250 movers: Ashmore declines on falling AuM
14th Jan 2014 15:49
Ashmore, a UK fund manager that invests in emerging markets, saw its shares dive after it said assets under management fell 4.1 per cent during the quarter ended December 31st amid continued market volatility. AuM fell to $75.3bn during the quarter from $78.5bn as a result of net outflows totalling
Read moreSector movers: Spirent, ARM, Imagination drag tech stocks lower
9th Jan 2014 16:17
A gloomy update from Spirent Communications and heavy falls from ARM Holdings and Imagination Technologies dragged the tech sector lower on Thursday. Telecoms testing group Spirent fell as much as 14% before the close of trade after warning that fourth-quarter sales were at the bottom end of guidan
Read moreAggreko director stocks up ahead of promising full-year results
8th Jan 2014 16:34
Non-Executive Director of Aggreko, Diana Layfield, has taken a stake in the group one month after it predicted its full-year results would be slightly higher than previous expectations. Layfield, who joined the board in May 2012, acquired 3,000 shares, paying 1,711p a piece for a total spend of £5
Read moreFTSE 250 movers: Dunelm hit by profit taking
7th Jan 2014 15:16
Dunelm was one of the biggest fallers in what looked like profit taking in the shares after more than doubling in 2013 and issued an encouraging trading update on Tuesday. Broker Prime Markets issued a 'sell' recommendation as it thought the shares were likely to see a period of consolidation despit
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