Renishaw Share News (RSW)

Shares in BTG have fallen following the release of its interim management statement for the period between 1 October 2010 and 27 January 2011. BTG says that its recurring revenues will grow by £5m following the Biocompatibles acquisition. This will take them to £98m-£102m in the year to March 2011. Additional one-off revenues take the full year revenue range to £108m-£114m. Peel Hunt still expects a loss of around £5m. Cash in the bank is expected to be between £68m and £73m by the end of March 2011. Instrumentation and sensors supplier Renishaw continues to rise following yesterday's positive interim statement. Operating profit jumped from £6.92m to £35m in the six months to December 2010. This improvement was down to a strong turnaround in the metrology division. The healthcare division increased its loss. FinnCap has upgraded its profit forecast for the year to June 2011 from £55.9m to £73.6m. FTSE TechMARK - Risers AEA Technology Group (AAT) 5.70p +5.95%Renishaw (RSW) 1,692.00p +5.88%Microgen (MCGN) 132.00p +4.76%Vernalis (VER) 47.00p +3.87%E2V Technologies (E2V) 110.00p +3.77%Ricardo (RCDO) 325.00p +3.50%Sage Group (SGE) 295.40p +2.39%Filtronic (FTC) 41.50p +1.84%Axis-Shield (ASD) 313.25p +1.05%Consort Medical (CSRT) 525.00p +0.86%ProStrakan Group (PSK) 100.50p +0.75%FTSE TechMARK - Fallers Asterand (ATD) 19.00p -6.17%Ark Therapeutics Group (AKT) 5.00p -4.76%Promethean World (PRW) 56.75p -3.81%BTG (BGC) 242.40p -3.66%Innovation Group (TIG) 16.00p -3.03%Sinclair Pharma (SPH) 37.50p -2.60%Oxford Instruments (OXIG) 645.50p -2.49%Parity Group (PTY) 25.75p -1.90%ARM Holdings (ARM) 529.00p -1.21%BAE Systems (BA.) 351.70p -1.10%