Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

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

LONDON BROKER RATINGS: Berenberg cuts Berkeley and raises Bellway
2 days ago

LONDON BROKER RATINGS: Berenberg cuts Berkeley and raises Bellway

(Alliance News) - The following London-listed shares received analyst recommendations on Friday morning and on Thursday:

LONDON BRIEFING: Stocks red, Wise profit down but revenue grows
2 days ago

LONDON BRIEFING: Stocks red, Wise profit down but revenue grows

(Alliance News) - The FTSE 100 was called lower on Friday, as tensions continue in the Middle East, while BP has announced a new technical services co...

London stocks climb on financials, retail boost
2 days ago

London stocks climb on financials, retail boost

June 25 (Reuters) - London's main ​FTSE ⁠indexes gained on Thursday, with financial and ​retail companies posting strong business updates, while easyJ...

TCM.L News

UK Earnings, Trading Statements Calendar - Next 7 Days
28 Aug 2018

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 29 August IQEHalf Year ResultsGym GroupHalf Year Year Fisher & Year Year 30

Telit Communications appoints Italian telecommunications expert as chairman
14 Aug 2018

Telit Communications appoints Italian telecommunications expert as chairman

(Sharecast News) - Telit Communications on Tuesday made several board alterations after appointing Paolo Dal Pino as independent non-executive chairma...

UK Shareholder Meetings Calendar - Next 7 Days
18 Jun 2018

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 19 JuneEvrazMetals ExplorationHC SlingsbyTrinity Exploration & In Direct

Telit Communications Says Enrico Testa Resigned From Board
13 Jun 2018

Telit Communications Says Enrico Testa Resigned From Board

LONDON (Alliance News) - Telit Communications PLC, which provides internet connectivity services, said Wednesday that Executive Director Enrico Testa ...

Telit Communications Sinks To 2017 Loss, Looks Forward To Better 2018
30 Apr 2018

Telit Communications Sinks To 2017 Loss, Looks Forward To Better 2018

LONDON (Alliance News) - Telit Communications PLC on Monday swung to a annual pretax loss due to rising research costs and restructuring charges, and ...

UK FCA Launches Investigation Into Telit Communications Announcements
27 Mar 2018

UK FCA Launches Investigation Into Telit Communications Announcements

LONDON (Alliance News) - Internet of Things enabler Telit Communications PLC said Tuesday the UK Financial Conduct Authority has begun an investigatio...

Telit Communications Appoints Two New Non-Executive Directors
5 Mar 2018

Telit Communications Appoints Two New Non-Executive Directors

LONDON (Alliance News) - Telit Communications PLC said Monday it appointed Miriam Greenwood and Shlomo Liran as non-executive directors with immediate...

Telit celebrates as Cisco deploys its software
8 Feb 2017

Telit celebrates as Cisco deploys its software

(ShareCast News) - Internet of Things products supplier Telit Communications announced on Wednesday that its deviceWISE Asset Gateway Software had bee...