Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTCM.L Share News (TCM)

  • There is currently no data for TCM

Sector movers: Tech stocks advance

Wed, 08th Sep 2010 15:14
Technology hardware and equipment stocks are among today's best performers. Telit is one the risers in the sector.The machine-to-machine communications technology company Telit continued on the recovery trail in the first half of this year and the second half of 2010 looks like being just as strong, prompting the company to advise that full year results are likely to be ahead of expectations.The healthcare equipment and services is in the red despite some well-received results from a couple of stocks in the sector.Wound care specialist Advanced Medical Solutions (AMS) had a strong first half of the year with the recent acquisition of polyurethane foam business Corpura providing an extra boost.Revenue from continuing operations in the first half of the year rose by 47% to £14.5m from £9.9m last year, though with the contribution from Dutch firm Corpura excluded the rise shrinks to 25%.Revenues were up at healthcare products storage group Vindon Healthcare in the six months to June 30, but profits fell back as the company laid the foundations for US expansion.Pre-tax profits climbed fell to £412,000 from £506,000 as revenues increased to £2.64m from £2.59m.Top performing sectors so far todayTechnology Hardware & Equipment 563.09 +1.90%Electricity 7,188.01 +1.60%Fixed Line Telecommunications 1,948.70 +1.53%Gas, Water & Multiutilities 4,498.89 +1.17%Industrial Metals & Mining 6,083.75 +1.11%Bottom performing sectors so far todayHealth Care Equipment & Services 3,018.64 -0.87%Beverages 8,484.38 -0.66%Banks 5,005.91 -0.60%Real Estate Investment & Services 1,455.87 -0.59%Industrial Engineering 5,420.27 -0.51%

Related News

IN BRIEF: Advanced Medical Solutions extends HB Fuller offer deadline
1 day ago

IN BRIEF: Advanced Medical Solutions extends HB Fuller offer deadline

Advanced Medical Solutions Group PLC - Cheshire, England-based surgical dressings company - Announces the extension of the put-up-or-shut-up deadline ...

TCM.L News

IN BRIEF: Telit Communications takeover gets final approval
26 Aug 2021

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit Communications takeover gets final approval

IN BRIEF: Telit takeover by DBay nears completion after US approval
19 Aug 2021

IN BRIEF: Telit takeover by DBay nears completion after US approval

IN BRIEF: Telit takeover by DBay nears completion after US approval

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half
26 Jul 2021

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down
23 Jul 2021

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down

TRADING UPDATES: Parsley Box's new meal range; Macau Property NAV down

UK shareholder meetings calendar - next 7 days
21 Jul 2021

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Telit welcomes sweetened takeover offer from Dbay Advisors
20 Jul 2021

Telit welcomes sweetened takeover offer from Dbay Advisors

Telit welcomes sweetened takeover offer from Dbay Advisors

Sunday newspaper round-up: Smiths Group, Virgin  Galactic, Sainsbury
11 Jul 2021

Sunday newspaper round-up: Smiths Group, Virgin Galactic, Sainsbury

(Sharecast News) - One of Britain's biggest engineering firms is on the cusp of a major break-up after receiving a £2billion takeover approach fo...

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent
9 Jul 2021

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent

TRADING UPDATES: President seeks hydrogen; Telit faces more dissent