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.
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Thu, 18th Dec 2014 11:34
Shore Capital has welcomed new measures by Tesco to "crank up the customer service" ahead of Christmas, suggesting that competition from the rival discounters may be waning.Looking ahead of the all-important shopping week before Christmas, analyst Clive Black said that while the Big Four will likely be the "laggards" of the food retailers, Tesco might not perform the worst. "Whilst the price and promotion proposition remain to be determined by [new boss] Dave Lewis, there may be much needed signs of stabilisation from the market leader," he said.Charles Stanley has lifted its stance on insurance firm Friends Life Group (FLG), saying it sees limited downside after recent falls in the stock."With FLG shares now trading at the level before bid talks with Aviva were confirmed on 21 November and once again yielding 6% on a stand-alone basis, we believe further downside may be limited and so upgrade our recommendation," said analyst Minal Shah.Numis Securities is recommending investors to sell shares of Imagination Technologies Group despite the chip group beating the market's forecasts with its first-half results, saying that its concerns about the business still remain.The broker lowered its rating from 'reduce' to 'sell', saying recent optimism surrounding a potential earnings recovery "is likely to fade again". It said that the stock trades at 54 and 28 times earnings for the years ending April 2015 and 2016, respectively, so "risk feels heavily weighted to the downside".
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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 in the of
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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 shares and gold producers
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By Nichola Saminather TORONTO, March 9 (Reuters) - Canada's main stock index closed higher on Friday, lifted by strong gains in oil and metals
Read more7 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 310p from 280p following better-than-expected results. The chip maker on Tuesday reported royalty revenues rose 6% and licensing revenues increased 7% i
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6 Dec 2016 08:17
Peter Hill to chair Imagination Technologies
(ShareCast News) - Multimedia, processor and communications technology company Imagination Technologies Group announced on Tuesday it has appointed Peter Hill CBE as non-executive chairman with effect from 1 February 2017, with him joining the board on 1 January. The London-listed firm said Peter is
Read more29 Sep 2016 11:56
Broker tips: Imagination Technologies, Babcock, Sainsbury's
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt
Read more29 Sep 2016 10:31
Numis cuts rating on Imagination Technologies to 'add' from 'buy'
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt
Read more29 Sep 2016 08:27
Imagination Technologies sells Pure digital radio business for £2.6m
(ShareCast News) - Imagination Technologies said trading in the first quarter continues to be in line with the board's expectations and announced an agreement to sell its Pure digital radio business to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt. The company said the deal also
Read more10 Aug 2016 10:11
Wednesday broker round-up
(ShareCast News) - Ibstock: Jefferies reiterates buy with a target price of 190p. Legal & General: Barclays maintains equal-weight with a 194p target. Glencore: UBS reiterates buy with a 220p target. Booker: HSBC stays at neutral with a 200p target. Spire Healthcare: Berenberg reiterates buy with
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