Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

TechMARK movers: Negative Imagination

Wed, 16th Mar 2011 12:15

Investors' reacted negatively to today's trading statement from chips supplier Imagination Technologies. Imagination continues to see growing demand for its graphics chip technology, though its Digital Audio Broadcasting division, PURE, is finding things a bit tougher. There are also concerns about the supply chain after the Japanese earthquake.Green cleaning technology developer Puricore announced last night that it has agreed heads of terms to sell its endoscopy division for $17m. LED-based products supplier Dialight says that it has reached agreement for the buyout of its US subsidiary's pension scheme at a lower cost than expected. Dialight had indicated that it may cost £3m but the actual cost is £2.4m. There will be a non-cash cost of £700,000 in the first half of 2010 but Dialight will no longer be exposed to any of the scheme's liabilities. Power components supplier XP Power has been falling this week but it has risen sharply today, which is surprising as it is the day the shares go ex-dividend of their 12p a share quarterly dividend. The share price remains well over £1 lower than at the end of last week. FTSE TechMARK - Risers Oxford Biomedica (OXB) 5.80p +7.91%Puricore (PURI) 49.50p +6.45%Torotrak (TRK) 30.50p +5.17%XP Power Ltd. (DI) (XPP) 1,595.00p +4.93%Phoenix IT Group (PNX) 220.00p +4.64%Promethean World (PRW) 59.00p +3.06%Renovo Group (RNVO) 15.00p +2.56%Xaar (XAR) 212.50p +2.41%E2V Technologies (E2V) 102.25p +2.25%Dialight (DIA) 685.00p +2.24%FTSE TechMARK - Fallers Antisoma (ASM) 2.34p -6.40%Ricardo (RCDO) 375.25p -4.76%Imagination Technologies Group (IMG) 442.00p -4.45%RM (RM.) 151.25p -3.97%Wolfson Microelectronics (WLF) 241.50p -3.59%Alterian (ALN) 160.00p -3.03%Cable & Wireless Communications (CWC) 47.88p -2.37%Optos (OPTS) 197.00p -2.11%ARM Holdings (ARM) 507.50p -1.93%Emblaze Ltd. (BLZ) 40.25p -1.83%

Related Shares

More News
2 Jan 2020 07:37

Apple inks licensing deal with Imagination Technologies

(Sharecast News) - Apple has inked a new supply deal with Imagination Technologies for its graphics processing units.

19 Mar 2018 15:03

Total renewables unit targets Africa's power-starved mining sector

By Joe Bavier ABIDJAN, March 19 (Reuters) - Total's renewable energy unit said on Monday it had opened the world's largest solar-thermal hybrid plant ...

12 Mar 2018 14:35

CANADA STOCKS-Toronto stocks edge up, following global markets higher

March 12 (Reuters) - Canada's main stock index rose modestly on Monday, buoyed by improved risk appetite in global markets but declines in energy shar...

9 Mar 2018 21:24

UPDATE 1-CANADA STOCKS-TSX ends higher alongside global stocks, oil, metals

By Nichola Saminather TORONTO, March 9 (Reuters) - Canada's main stock index closed higher on Friday, lifted by strong gains in oil and metals

7 Dec 2016 09:55

Imagination Technologies boosted by Numis upgrade

(ShareCast News) - Imagination Technologies Group gained as Numis raised its rating on the stock to 'buy' from 'add' and lifted the target price to 31...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.