Imagination Technologies RPU added to Qualcomm 4K TV chip
7th Jan 2014 07:32
In order to power the new generation of '4K, ultra-HD' televisions, an Imagination Technologies (IMG) microchip has been included in an innovative new processor chip produced by US giant Qualcomm. IMG's Ensigma radio communications processing unit (RPU) will be integrated into Qualcomm's Snapdragon
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
Read moreFriday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreLondon close: Stocks fall one per cent on earnings, taper fears
12th Dec 2013 16:39
- Perform plummets after profit warning - Sports Direct and Wood Group fall sharply after results - Taper bets increase ahead of Fed meeting, US data in focus - FTSE 100 at lowest level since mid-October techMARK 2,652.61 -0.83% FTSE 100 6,445.25 -0.96% FTSE 250 15,211.54 -1.20% The FTSE 100 finis
Read moreFTSE 250 movers: Perform Group nosedives on profit warning
12th Dec 2013 15:46
Digital rights firm Perform Group has warned that its 2013 full-year revenue will be below previous expectations, pushing earnings 'significantly' below forecasts. The warning, which also revealed results for 2014 are now set to miss expectations, more than halved the value of the company's stock fo
Read moreLondon open: FTSE 100 at two-month low on taper fears
12th Dec 2013 08:44
- FTSE 100 at levels not seen since mid-October - US, Asian markets fall overnight - Sports Direct, Wood Group fall sharply early on techMARK 2,656.26 -0.69% FTSE 100 6,481.31 -0.41% FTSE 250 15,310.65 -0.56% Markets across Europe were trading in the red on Thursday morning with the FTSE 100 on tr
Read moreThursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
Read moreLondon close: Stocks erase gains as investors weigh US budget, Fed policy
11th Dec 2013 17:01
- Taper speculation picks up after budget deal - Imagination Technologies drops sharply on H2 guidance - RBS, Lloyds lead banks lower - Defence stocks rise on US budget techMARK 2,674.83 +0.08% FTSE 100 6,507.72 -0.24% FTSE 250 15,396.12 -0.10% After a choppy session, UK markets sank into the red
Read moreFTSE 250 movers: Imagination Tech plummets on cautious outlook
11th Dec 2013 16:17
The share price of chip group Imagination Technologies sank sharply on Wednesday after the firm said that shipment growth from its partners for the second half would be at a "slightly lower rate than previously seen", due to slowing growth in the higher-end smartphone market. Oxford Instruments was
Read moreBroker tips: StanChart, Wolseley, Imagination Tech, PZ Cussons
11th Dec 2013 15:12
Investec has lowered its target price for Standard Chartered from 1,900p to 1,700p but has retained its 'buy' recommendation, saying that it doesn't see any capital issues at the emerging markets-focused lender. Analyst Ian Gordon said that the recent debate about capital which has weighed on the s
Read moreLondon midday: Markets edge higher after US budget deal, Imagination plummets
11th Dec 2013 11:16
- US agrees on budget deal ahead of Friday deadline - RBS, Lloyds, StanChart lead banks lower - Imagination plummets on cautious guidance techMARK 2,683.01 +0.39% FTSE 100 6,537.76 +0.22% FTSE 250 15,471.94 +0.40% UK markets edged higher on Wednesday morning, with concerns over politician brinkman
Read moreBroker snap: Jefferies trims target for Imagination Tech after H1 miss
11th Dec 2013 09:33
Jefferies has trimmed its target price for chip firm Imagination Technologies Group (IMG) from 392p to 364p after the company's first-half results and guidance disappointed on Wednesday. Sales rose to £85.2m during the six months to October 31st, up 19% year-on-year but some 9% below Jefferies' for
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreLondon open: Markets flat on budget deal, taper speculation
11th Dec 2013 08:28
- US negotiators reach budget deal - Taper speculation ramps up ahead of Fed meeting - Imagination disappoints with poor H2 outlook - RBS Finance Director Bostock steps down techMARK 2,678.82 +0.23% FTSE 100 6,524.52 +0.02% FTSE 250 15,401.84 -0.06% Markets opened broadly flat on Wednesday in the
Read moreWednesday preview: Stagecoach, Imagination Technologies report
10th Dec 2013 15:22
Stagecoach delivers its first half earnings report on Tuesday and is expected to offer up a solid set of results. In the six months to the end of October, the transport group is anticipated to show growth, driven by its UK bus business. In October the company reported strong like-for-like revenue
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