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Sector movers: Nuclear closures lift electricity shares

Fri, 18th Mar 2011 14:33

Electricity stocks are on the rise as the investors assess the impact of the Japanese nuclear crisis on the UK power sector.Broker Panmure Gordon has said that higher gas and electricity prices - as a result of plant closures in Japan and Germany - would be most obviously positive for Drax, labelling the power provider with a 'buy'.Scottish & Southern Energy is also higher after being issued with a 'buy' by the same broker. "SSE's more flexible hydro and pumped-storage assets could benefit if UK nuclear capacity were to come under threat," says analyst Adam Forsyth.The technology hardware and equipment sector is the worst performing sector today with Toumaz, ARM Holdings and Belgravium Technologies heading the fallers.Top performing sectors so far todayAutomobiles & Parts 4,563.90 +3.17%Electricity 7,629.58 +2.54%Gas, Water & Multiutilities 4,486.60 +2.35%Oil Equipment, Services & Distribution 24,351.67 +2.09%Industrial Metals & Mining 7,901.69 +2.05%Bottom performing sectors so far todayTechnology Hardware & Equipment 706.33 -1.79%Mobile Telecommunications 3,878.11 -0.82%Alternative Energy 3,260.20 -0.57%Forestry & Paper 5,956.56 -0.18%Pharmaceuticals & Biotechnology 8,468.37 -0.16%
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15 Sep 2010 07:31

Toumaz losses widen as it pushes R&D

Losses widened at Toumaz in the six months to June 30 as the wireless technology group ramped up its development activities, but the company hopes that revenues from products will start coming through soon. Toumaz, which has developed technology that monitors health by transmitting data from a 'dig

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27 Jul 2010 07:37

Toumaz Licenses Sensium Technology To Quanta Computer

LONDON (Dow Jones)--Toumaz Limited (TMZ.LN), a low cost, ultra low power wireless communications technology company, said Tuesday it has licensed its Sensium technology platform to Quanta Computer Inc. (2382.TW). MAIN FACTS: -Quanta, a notebook computer original design manufacturer, plans to

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30 Jun 2010 07:24

Toumaz Trading In Line With Board Views

LONDON (Dow Jones)--Toumaz Limited (TMZ.LN), a low cost, ultra low power wireless communications technology company, said Wednesday that in the last six months it has traded in line with the Board's expectations and as at June 28 had a cash balance of GBP5.6 million. MAIN FACTS: -Operational

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30 Mar 2010 08:48

Toumaz 'digital plaster' moves closer to market

Wireless technology group Toumaz said it expects to commercialise its digital plaster, to be used by hospitals to monitor patients' bodies, in 2011 after continuing trials of the technology. Trials of the 'Sensium' digital plaster system began at St. Mary's hospital in the final quarter of 2009.

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14 Dec 2009 16:15

Domino's directors deliver more shares

Domino's Pizza directors are selling again. This time it is via the pizza delivery company's tender offer at 292p a share. This tender replaced the original tender offer at 317p a share, which was scuppered by a fall in the share price. There were 2.27m shares tendered by the closing date of 11 De

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1 Dec 2009 13:13

Small caps round-up: Real Office, Equest Investment, African Eagle...

Real Office is in need of additional cash and is early stage discussions with its company's bankers, the outcome of which are uncertain at this time, it says A combination of lower than projected sales for the first quarter to 31 October 2009, increased credit taken by certain customers, the addi

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