Week Ahead: Ocado, Telit, Debenhams, MPC minutes
16th Sep 2011 15:32
It is a relatively quiet period next week for big company results, while on the economic side of things the key point of interest in the UK will be the release of the Bank of England Monetary Policy Committee (MPC) meeting minutes. Grocery delivery firm Ocado issues a trading statement on Monday. A
Read moreTelit expects H1 revenues to rise 36%
12th Jul 2011 11:24
Machine-to-machine (m2m) wireless communications technology developer Telit Communications' forecast of a 36% rise in revenues for the first half of the year failed to inspire investors as the shares dipped more than 4%. Telit said it expects unaudited revenue of approximately $81m, compared with
Read moreStobart's Alan Kelsey jumps aboard
8th Jun 2011 15:38
New Stobart director Alan Kelsey has wasted no time opening his account with the logistics giant, spending nearly £77,000 on shares. He took 55,000 shares at just under 140p a time. Kelsey, 62, joined Stobart last month. He has been corporate development director at the rail and bus group National
Read moreSmall caps round-up: 1Spatial, Cosalt, Telit Communications
20th Jan 2011 17:36
Shares in location-based software company 1Spatial rose as revenue is expected to be ahead of expectations. The group says that the government's spending review resulted in a delay in the awarding of contracts but normal business has resumed and the "pipeline is looking strong." Interim figures will
Read moreTelit hit by failed deal costs
17th Dec 2010 12:28
Machine-to-machine (m2m) communications technology developer Telit Communications says that trading remains strong but its 2010 figures will be hit by $400,000 of costs relating to acquisition talks. That does not hamper the progress of the underlying business. Telit wants to be involved in the
Read moreLondon close: US spurs Footsie recovery
8th Sep 2010 16:36
Footsie put its weak start behind it to close with good gains, helped by buoyant trading on Wall Street. US shares recovered from losses yesterday that snapped a recent winning streak. Among the risers here was ARM Holdings. UBS has issued a downbeat assessment of the European semiconductor mark
Read moreSector movers: Tech stocks advance
8th Sep 2010 15:14
Technology hardware and equipment stocks are among today's best performers. Telit is one the risers in the sector. The machine-to-machine communications technology company Telit continued on the recovery trail in the first half of this year and the second half of 2010 looks like being just as str
Read moreLondon afternoon: ARM in line for Samsung boost
8th Sep 2010 14:28
Footsie emerged from the lunch-time session nursing a small gain, with the majority of the blue-chip index's constituents in positive territory. Chief among them was chip designer ARM Holdings. UBS has issued a downbeat assessment of the European semiconductor market but it has made an exception o
Read moreTelit set to top expectations
8th Sep 2010 13:53
Machine-to-machine (M2M) communications technology company Telit continued on the recovery trail in the first half of this year and the second half of 2010 looks like being just as strong, prompting the company to advise that full year results are likely to be ahead of expectations. "The first six
Read morePRESS RELEASE: Telit's Globally Compatible 3G Cellular Module Earns Certification on AT&T's Nationwide Wireless Network
27th Jul 2010 14:00
Telit's 3.5G UC864-G M2M Module Offers Global Portability and Functions with Both GSM/GPRS/EDGE and UMTS/HSDPA Technologies RALEIGH, N.C.--(BUSINESS WIRE)--July 27, 2010-- Telit Wireless Solutions, Inc., the U.S.-based mobile technology arm of Telit Communications (AIM:TCM), announced today that
Read moreSmall caps round-up: Volex, Horizonte Minerals, Mountfield...
27th Jul 2010 10:58
Power products specialist Volex said it is confident it will meet or exceed full-year guidance for the 12 months to 3 April 2011 after trading momentum established during the last financial year continued. Horizonte Minerals shares returned from suspension today after the company agreed to pay Tec
Read moreTelit Communications Signs Commercial Partnership With Orange
27th Jul 2010 07:47
LONDON (Dow Jones)--Telit Communications PLC (TCM.LN), an international leader in wireless machine-to-machine (M2M) technology, Tuesday announced that its wholly owned subsidiary, Telit Wireless Solutions, has entered into an agreement with Orange Business Services (FTE.FR), a corporate telecommunic
Read morePRESS RELEASE: Telit Technology Certified to Connect Smart Devices over the Verizon Wireless Network
21st Jul 2010 14:01
Certification of Telit's CC864-DUAL Module Enables Customers to Take Advantage of Verizon Wireless' Nationwide Coverage RALEIGH, N.C.--(BUSINESS WIRE)--July 21, 2010-- Telit Wireless Solutions, Inc., the U.S.-based mobile technology arm of Telit Communications (AIM:TCM), announced today that its
Read moreTelit Communications Finance Director Michael Galai Steps Down
1st Jul 2010 10:59
DON (Dow Jones)--Telit Communications PLC (TCM.LN), a global wireless communications developer and distributor, said Thursday that Michael Galai, finance director and general counsel, will be stepping down from the board of directors due to an increased workload in his other commitments with immedia
Read moreTelit Communications Signs Unwinding Agreements With BAMES
16th Jun 2010 07:45
LONDON (Dow Jones)--Telit Communications Plc (TCM.LN), a global machine to machince technology company, announced Wednesday that it has signed an agreement with Bartolini After Market Electronics Services s.r.l. or BAMES, whereby Telit will acquire from BAMES its 10% of the ordinary shares in Telit
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