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BUZZ-Pace: set-top box maker issues bullish update

Tue, 13th Jan 2015 09:04

** Pace rises 4.7 pct to 1-mth highs

** Expects FY revenue to rise 6 pct, driven by increaseddemand for its new products, & says it is confident of makingfurther progress in 2015

** Jefferies, which keeps its "buy" rating on the stock,says the update reveals a steady year for Pace with profitcontinuing to come in ahead of expectations (RM:aastha.agnihotri.thomsonreuters.com@reuters.net)

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