TCM.L Share News (TCM)

Sector movers: Imagination, ARM weigh on tech stocks

Steep falls from microprocessor heavyweights Imaginations Technologies and ARM Holdings sent the UK technology sector lower on Thursday. Imagination was down 5.6% at 193.7p before the close of trade, as the stock pulled back after an impressive 25% run over the last month. Nevertheless, including

DIRECTOR DEALINGS: Telit Communications Finance Director Exercises Share Options

BROKER RATING CHANGES: Goldman Raises Fresnillo, Cuts Other Miners

Thursday broker round-up UPDATE

Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr

Telit Communications Expects Full Year Trading In Line With Expectations

Telit Communications on track for full-year

Wireless tech firm Telit Communications lifted quarterly revenue and said it continues to expect that trading for the full year 2013 will be in line with market expectations. The London-based firm said revenues for the three-months ended September 30th rose to $62.5m from $51.4m a year earlier. For

UK Winners & Losers: BG Down 5%, CSR Up 5%; Mediazest Drops 21%

Telit Communications Confident For Full Year Following Strong First Half

Telit Communications To Buy US-Based ILS Technology

Tuesday broker round-up UPDATE

Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill

Telit on track to hit full year targets

Wireless tech firm Telit Communications has provided a positive trading update, saying that the trading outlook for the full year is in line with market expectations. Consensus estimates for the full year ending December 31st 2012 are for revenues of £127.4m with pre-tax profits of 5.81m. Earnings

Telit first half powers ahead

Wireless tech firm Telit Communications ramped up first half revenue and adjusted pre-tax profit and said the outlook for the rest of the year remains positive. The machine-to-machine (M2M) firm, which wirelessly connects devices to a network to enable monitoring of real-time information for equipm

Small caps round-up: Lighthouse, Verona Pharma, Manroy...

Shares in Lighthouse Group, the financial advice and wealth management group, plunged on Monday after the company proposed to cancel its listing on AIM. The group must receive approval from shareholders representing at least three-quarters of the company's shares for the cancellation to be approved.

Forum director exercises options over one million shares

Walter Brown, a Non-Executive Director of UK based gas & oil Forum Energy, has exercised one million shares in the company at 31p each. The £310,000 transaction took place on March 25th, the same day the company unveiled the findings of a report which shows an improvement in the previously known r

Telit profits whacked by acquisition costs

Annual pre-tax profit more than halved at Telit Communications, a machine-to-machine (M2M) wireless tech firm, after higher costs related to acquisitions. The group, which last month announced a global strategic partnership with Telefónica, said pre-tax profit fell to $2.2m in the year ended 31 De