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Sector movers: Mothercare pressures retailers lower

Thu, 31st Mar 2011 14:50

Retailers are sharply lower Thursday, with blue chips Next and Kingfisher falling into the red. On the FTSE 250, Mothercare, Dixons, Carpetright, Sports Direct and Dunelm are providing a drag. Baby clothes retailer Mothercare has seen its share price drop by almost a tenth, after margins were squeezed in the quarter to 26 March. Dixons' share price is down almost 8% after UBS slashed its target price on the stock on the back of yesterday weak trading update. The target price fell from 23p to 14p.The technology hardware and equipment sector is performing well, with wireless technology group Toumaz among those heading higher.The group reported on Thursday that it saw revenues fall in the year to 31 December as it concentrated its activities on developing products that will deliver future sales. BCTop performing sectors so far todayTechnology Hardware & Equipment 754.93 +1.71%Forestry & Paper 6,473.59 +1.26%Household Goods & Home Construction 6,277.23 +0.77%Oil Equipment, Services & Distribution 25,375.09 +0.70%Food Producers & Processors 5,082.84 +0.51%Bottom performing sectors so far todayGeneral Retailers 1,567.46 -1.86%Real Estate Investment & Services 1,604.18 -1.11%Banks 4,667.36 -1.01%Electronic & Electrical Equipment 2,935.32 -0.89%Health Care Equipment & Services 3,899.45 -0.89%
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3 Apr 2014 14:59

Toumaz Chairman and CEO purchases highlight company health

A couple of hefty share purchases from directors in AIM-listed Toumaz sent the 'internet of things' company's shares flying on Thursday. Chief Executive Anthony Sethill bought £48,450 worth of shares at 3.23p, while Chairman Sir Richard Steeves topped that by shelling out £420,050 at 3.88p and most

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3 Apr 2014 11:33

UK MIDDAY BRIEFING: Kingfisher To Acquire French Retailer Mr Bricolage

LONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher saw its shares rise Thursday after saying it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage for an overall enterprise vale of around EUR275 million.
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3 Apr 2014 10:08

UK WINNERS & LOSERS: Toumaz Leads AIM As Chairman, CEO Buy Shares

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Tullow Oil, up 4.9%. UBS has upgraded Tullow to Buy from Neutral. Following a sharp fall

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3 Apr 2014 10:07

CORRECT: DIRECTOR DEALINGS: Toumaz Chair Buys 13.5 Million Shares, CEO Buys 1.5M

(Correcting number of shares in headline) LONDON (Alliance News) - Toumaz Limited PLC Thursday said Chairman Richard Steeves bought 12.5 million shares at 3.05 pence and a further 1 million shares at 3.88 pence. Following the purchase, worth a combined GBP42 million, he now holds 19.8

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3 Apr 2014 09:58

DIRECTOR DEALINGS: Toumaz Chair Buys 12.5 Million Shares, CEO Buys 1.5M

LONDON (Alliance News) - Toumaz Limited PLC Thursday said Chairman Richard Steeves bought 12.5 million shares at 3.05 pence and a further 1 million shares at 3.88 pence. Following the purchase, worth a combined GBP42 million, he now holds 19.8 million shares, equating to 1.2% of the issued

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31 Mar 2014 10:49

Toumaz Pretax Loss Narrows, Aims To Increase Revenues Fivefold By 2017

LONDON (Alliance News) - Toumaz Ltd Monday posted a narrowed pretax loss for 2013 as it consolidated its acquisition of Frontier Silicon Ltd and announced targets to be cash flow positive in 2015, and see revenues increased fivefold by 2017. The low power wireless semiconductor company post

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25 Mar 2014 06:12

UK Earnings, Trading Statements Calendar - Week Ahead

Tuesday, March 25 
888 Holdi

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24 Mar 2014 15:39

UK Earnings, Trading Statements Calendar - Week Ahead

Tuesday, March 25 
888 Holdi

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24 Mar 2014 10:51

Toumaz's DAB+ Technology Selected By Pioneer Corporation

LONDON (Alliance News) - Toumaz Ltd Monday said its consumer audio division, Frontier Silicon, has been selected to provide its digital radio DAB+ technology to Pioneer Corporation, a consumer and professional electronics manufacturer. The wireless semiconductor technology company said that

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17 Jan 2014 09:52

Toumaz Expects 2013 EBITDA Loss Narrowed But Revenues Below 2012

LONDON (Alliance News) - Toumaz Ltd said Friday that it expects to see declines in revenue, and its earnings before interest, tax, depreciation and amortisation (EBITDA) loss to be narrowed for the full year ended December 31, 2013. The wireless semiconductor technology company expects an E

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25 Nov 2013 09:35

STOCKS NEWS EUROPE-FTSE AIM index rises, GB Group strong

Junior-listed AIM shares gain 0.4 percent, outperforming the FTSE Small Cap index, up 0.2 percent, but lagging a 0.9 percent rise seen from the mid-caps. AIM-listed GB Group, an identity intelligence specialist, climbs nearly 5 percent after unveiling adjusted operating profit growth of 70

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7 Nov 2013 11:24

Toumaz Raises GBP17.7 Million In Conditional Share Placing

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15 Oct 2013 08:14

Toumaz Healthcare Product Gets EU Clearance, US Distribution Deal

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23 Sep 2013 12:12

UK WINNERS & LOSERS: Ariana Resources Stands Out From Weak Gold Miners

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23 Sep 2013 10:22

Toumaz Losses Widen As It Integrates Digital Radio Technology Firm

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