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

Wed, 28th Jan 2015 15:27

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-based group sold 74.5m of the smartphones in three months to December.Apple's chief executive Tim Cook said that demand for the iPhone was "staggering", as the company reported a record quarterly net profit of $18bn, well ahead of analysts' expectations."Apple results beat even the highest of company or analyst expectations as the new iPhone 6 and iPhone 6 plus smartphones flew off the shelves," said analyst Jasper Lawler from CMC Markets.ARM's shares were up 1.4% at 1,045.75p ahead of the close."Following on from last night's jaw-dropping Apple figures, ARM Holdings, the chip maker of choice for smartphone manufacturers has received a healthy boost," said IG's Alastair McCaig.Others in the technology hardware and equipment sector were also higher, including Imagination Technologies, Pace, Laird, Vislink and Sepura.Top performing sectors so far todayBeverages 14,904.45 +1.89%Electricity 9,330.47 +1.82%Technology Hardware & Equipment 1,243.05 +1.62%Household Goods & Home Construction 13,243.22 +1.48%Real Estate Investment Trusts 3,328.66 +1.36%Bottom performing sectors so far todayFood & Drug Retailers 3,166.00 -2.49%Oil & Gas Producers 7,240.39 -2.02%Chemicals 11,529.24 -1.55%Banks 4,338.86 -0.79%Industrial Transportation 2,792.33 -0.75%
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10 Jun 2014 09:06

UK BROKER RATINGS: Goldman Sachs Swaps Sports Direct For ASOS

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday afternoon:
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FTSE 100
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SOCGEN RAISES WEIR GROUP TO 'HOLD' ('SELL') - TARGET 2600 (2300) PENCE
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TRADERS: EXAN

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10 Jun 2014 08:32

Sepura Lifts Dividend And Provides Bullish Revenue, Earnings Guidance

LONDON (Alliance News) - Sepura PLC upped its total dividend for the year to March 28 and announced guidance of 10% revenue growth over the next two years, as it saw pretax profit rise. Sepura, which produces two-way digital radios, raised its full-year dividend to 2.00 pence from 1.68 penc

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10 Jun 2014 06:38

MARKET COMMENT: FTSE 100 Set For Lower Open Amid Few Catalysts

LONDON (Alliance News) - UK stocks are set to open lower Tuesday, despite a positive session in the US Monday and in Asia overnight, as markets across Europe lack a catalyst to push them through recent highs. Monday saw another record close for US stocks, with the S&P 500 and the DJIA both

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10 Jun 2014 05:12

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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9 Jun 2014 16:05

MARKET COMMENT: UK Stocks Close Mixed; Lloyds, Babcock Down

LONDON (Alliance News) - The FTSE 100 ended slightly higher Monday, while its mid-cap peer index lost ground, in a subdued session that had little in the way of economic or major corporate news to drive it.

The corporate news that there was for blue-chip stocks was mainly negative,

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9 Jun 2014 14:51

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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9 Jun 2014 05:13

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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6 Jun 2014 15:29

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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6 Jun 2014 05:24

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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5 Jun 2014 15:08

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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5 Jun 2014 05:10

UK Earnings, Trading Statements Calendar - Week Ahead

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4 Jun 2014 15:29

UK Earnings, Trading Statements Calendar - Week Ahead

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4 Jun 2014 05:14

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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3 Jun 2014 15:10

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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20 May 2014 10:50

Sepura Acquires Fylde Micro In GBP2.75 Million Cash Deal

LONDON (Alliance News) - Sepura PLC said Tuesday it has acquired UK-based radio trunking firm, Fylde Micro Limited, in a GBP2.75 million cash deal. Fylde develops and manufactures trunking controllers that enable a simple, low-risk and cost-effective migration from analogue to digital netwo

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