Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksImagination Technologies Group Share News (IMG)

  • There is currently no data for IMG

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Imagination Technologies surges on takeover speculation, oil stocks lower

Mon, 01st Jun 2015 14:11

Mid-caps were outperforming the blue chip index on Monday afternoon, buoyed by strength in the real estate, travel and electronics sectors.As of 16:00 BST, the FTSE 250 was trading 0.38% higher at 18,224.3.Imagination Technologies led the risers after analysts at Liberum tipped it as a possible take-over target given how Intel sold out of the company earlier in the year and Imagination's current discount to its peer group. Electronic design automation companies such as Synopsys, Cadence or IP outfits such as Rambus could be among the potential acquirers, the broker said.Cairn Energy was trading higher as RBC Capital Markets upgraded Cairn Energy to 'outperform' from 'sector perform' and lifted the price target to 250p from 220p following recent share price weakness. The broker noted that exploration/appraisal drilling offshore Senegal has resulted in an initial oil discovery, which could add a further 70p per share.Defence and aerospace group Ultra Electronics Holdings was boosted after reaching a deal to acquire the electronics products division of Kratos Defense and Security Solutions for $265m (£173.5m). The deal with the US-based radio frequency and microwave systems supplier will increase Ultra Electronics' presence in the US electronic warfare market.Miners Lonmin and Vedanta Resources were in the red following weak manufacturing data from China, the world's biggest metals consumer.Oil stocks including Premier Oil and Soco International also declined as oil prices retreated from last week's highs. RisersImagination Technologies Group (IMG) 231.40p +5.57%PayPoint (PAY) 982.50p +3.86%Domino's Pizza Group (DOM) 823.00p +3.46%Renishaw (RSW) 2,479.00p +3.29%Greencore Group (GNC) 339.80p +3.22%Man Group (EMG) 183.80p +2.97%St. Modwen Properties (SMP) 456.60p +2.93%Dignity (DTY) 2,183.00p +2.87%Shaftesbury (SHB) 898.50p +2.57%De La Rue (DLAR) 521.50p +2.56%FallersAmec Foster Wheeler (AMFW) 917.50p -3.42%Premier Oil (PMO) 157.70p -3.37%Ocado Group (OCDO) 353.80p -2.94%Kaz Minerals (KAZ) 244.60p -2.78%Lonmin (LMI) 137.20p -2.69%Soco International (SIA) 180.10p -2.65%Wood Group (John) (WG.) 719.50p -1.91%Vedanta Resources (VED) 577.00p -1.70%Petrofac Ltd. (PFC) 890.00p -1.66%Drax Group (DRX) 388.90p -1.64%
More News
13 Feb 2015 11:21

TOP NEWS: German And Eurozone Growth Beats Expectations In Q4

Read more
13 Feb 2015 09:40

BUZZ-European stocks: placement frenzy as regional markets stir

** Rush of deals secondary offerings across Europe overnight most of which see good demand underscoring the revival of interest in regional equities ** 7 deals worth about $1.5 bln, excluding BT's £1 bln placement, go through ** The tick-up in offerings stands in contrast to daily tr

Read more
13 Feb 2015 08:33

UK MORNING BRIEFING: Oil Shares Lead London Higher As Brent Tops USD60

Read more
13 Feb 2015 08:09

Intel Foundation Complete Sale Of 4.9% In Imagination Technologies

Read more
12 Feb 2015 16:52

Intel Foundation To Sell Up To 4.9% Stake In Imagination Technologies

Read more
9 Feb 2015 08:45

Imagination Technologies Hires Bert Nordberg As Next Chairman

Read more
28 Jan 2015 15:27

Sector movers: Apple results give UK tech stocks a boost, ARM rises

Forecast-busting results from US smartphone and tablet giant Apple gave London-listed tech shares a boost on Wednesday, especially those of supplier ARM Holdings. ARM, the semiconductor and software design firm whose chips are used in Apple's iPhones, was bolstered by the news that the California-ba

Read more
28 Jan 2015 08:51

Shares in Apple suppliers leap on record results

LONDON, Jan 28 (Reuters) - Shares in European companies that supply parts to Apple Inc leapt on Wednesday after the tech giant reported the largest profit in corporate history, driven by record sales of iPhones and strong demand in China. Shares in British chip designer ARM and Imagination

Read more
12 Jan 2015 10:01

Imagination Technologies Says IP Showcased In Range Of CES Products

Read more
18 Dec 2014 11:34

Broker tips: Tesco, Friends Life, Imagination Technologies

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 likel

Read more
18 Dec 2014 10:22

Numis downgrades Imagination Technologies despite H1 outperformance

Numis Securities is recommending investors to sell shares of Imagination Technologies Group (IMG) 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

Read more
17 Dec 2014 22:41

Wednesday tips round-up: Domino Printing, Imagination Technologies

Domino Printing would seem to enjoy both a favourable outlook and a predictable business model. The firm, whose printers produce labels for consumer goods companies, believes it can grow at above the trend rate of global GDP going forward. Increased urbanisation and government regulations on sell-by

Read more
17 Dec 2014 22:15

Wednesday tips round-up: Domino Printing, Imagination Technologies

Domino Printing would seem to enjoy both a favourable outlook and a predictable business model. The firm, whose printers produce labels for consumer goods companies, believes it can grow at above the trend rate of global GDP going forward. Increased urbanisation and government regulations on sell-by

Read more
16 Dec 2014 16:26

London close: Shares soar on upbeat Eurozone and bank news

London shares bounced back on Tuesday in the wake of some long-awaited upbeat economic data in the Eurozone and positive news for UK banks. The FTSE 100 Index climbed 149.11 points to 6331.83 as Markit's purchasing managers' index (PMI) for euro-area manufacturing rose to 50.8 in December from 50.1

Read more
16 Dec 2014 11:54

Broker tips: UK banks, BT, Imagination, Gulf Keystone

Shore Capital has said that the result of the Bank of England's (BoE) stress tests on UK banks was "a bit of a non-event" with all of the listed lenders passing as expected. "Overall, we do not expect the results of the stress test to have a material impact on the share prices of the large UK quoted

Read more

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.