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PIC.L News

London open: Shares advance despite Pace collapse
10 May 2011

London open: Shares advance despite Pace collapse

Stocks are higher this morning, but the share price of Pace has plunged after the set-top box maker lowered its full-year profits guidance. The share...

London pre-open: Cautiously firmer
10 May 2011

London pre-open: Cautiously firmer

London's leading stocks are set to edge higher at the outset, buoyed by Wall Street's advance last night. City traders expect the Footsie to open aro...

Pace warns on profits and margins
10 May 2011

Pace warns on profits and margins

The Japanese tsunami's effect on the supply chain is just one of the factors that has hit Pace's first quarter profits, prompting the set-top box make...

Broker tips: Sainsbury, Pace, Rank
23 Mar 2011

Broker tips: Sainsbury, Pace, Rank

Financial services firm Matrix expressed disappointment over Sainsbury's weak trading statement, as the supermarket giant grew like for like (LfL) sal...

Broker snap: Share price tumble at Pace unjustified
23 Mar 2011

Broker snap: Share price tumble at Pace unjustified

RBS thinks that the share price reaction to Pace's final results on 8 March was unjustified, and reiterates its positive stance with an increased targ...

Sector movers: Pace and BATM drag down tech stocks
10 Mar 2011

Sector movers: Pace and BATM drag down tech stocks

Technology hardware and equipment is the worst performing sector, helped lower by Pace and BATM Advanced Communications, who both disappointed investo...

Pace bosses invest after share slump
9 Mar 2011

Pace bosses invest after share slump

Directors at Pace took advantage of a sharp fall in the set-top box maker's share price yesterday to add to their stakes in the company. The shares f...

London close: FTSE 100 rallies to flat finish
8 Mar 2011

London close: FTSE 100 rallies to flat finish

The FTSE 100 rallied strongly to close flat after a volatile. Traders were unsure how to react to continuing violence in Libya and indications from Op...