(ShareCast News) - A new, more versatile form of memory, with potential applications from smartphones to the automotive industry, was a step closer on Thursday, with Allied Minds announcing the successful demonstration of a prototype of 'Spin Transfer Magneto-Resistive Random Access Memory' (ST-MRAM
Read more(ShareCast News) - The FTSE 250 was down 289.58 points (1.78%) to 16,010.10 shortly before the close on Wednesday. Allied Minds continued to fall after rising earlier in the week on the back of news its subsidiary Federated Wireless completed a successful $22m (£15.4m) Series A Preferred fundraising
Read more(ShareCast News) - The FTSE 250 continued to slide on Tuesday, with the second tier market down 249.75 points (1.51%) to 16,239.51 points by mid-afternoon. Despite posting double-digit revenue growth for the year through "challenging market conditions", shares in Ocado Group were down over 8%. T
Read more(ShareCast News) - The FTSE 250 started the month in the red, down 68.05 points (0.41%) to 16,419.67 by mid-afternoon on Monday. Vedanta Resources sank after Deutsche Bank cuts its target price for the mining company from 200p to 185p on lower than expected iron ore sales. The bank said Vedanta now
Read more(ShareCast News) - Shares in Allied Minds gained on Monday as Numis reiterated the stock at 'buy' after the company announced a successful $22m (£15.4m) fundraising for its subsidiary Federated Wireless. The US-based FTSE 250 science and technology developer invested $5m in the fundraising and the r
Read more(ShareCast News) - Shares in Allied Minds gained on Monday as Numis reiterated the stock at 'buy' after the company announced a successful $22m (£15.4m) fundraising for its subsidiary Federated Wireless. The US-based FTSE 250 science and technology developer invested $5m in the fundraising and the r
Read more(ShareCast News) - Allied Minds was looking at a beefed-up Federated Wireless subsidiary on Monday, announcing the a successful $22m (£15.4m) Series A Preferred fundraising round for the firm. The US-based FTSE 250 science and technology developer said the equity had come from investors including Wo
Read more(ShareCast News) - With less exposure to international companies than the blue chip benchmark, the FTSE 250 index was down 1.5% by mid afternoon, compared to the 2%-plus dip of the FTSE 100. Worries about China were the cause of the widespread losses in London, Europe and the US on Monday, but the U
Read more(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
Read more(ShareCast News) - UK stocks gained as the market proved resilient against a batch of negative services data on hopes the Federal Reserve will keep interest rates unchanged for longer. The Markit/CIPS UK services purchasing managers' index fell to 53.3 in September from 55.6 in August, compared to a
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