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TechMARK movers: Disposal lights up Emblaze
Wed, 08 Feb, 2012
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TechMARK movers: Disposal lights up Emblaze
Wed, 1 Sep 2010, 14:58:00
Israel-based technology company <b>Emblaze</b> says it is negotiating to sell its holding in Nasdaq-listed Formula Systems (1985) Ltd. Formula generated nearly all of Emblaze's interim revenues and all of its profit - the rest of Emblaze lost money. Marketing software firm <b>Alterian</b> is paying up to $11.5m in cash and shares for social media analytics and research consultancy Intrepid Consultants Inc. The initial payment will be $3.5m in cash and shares with the rest dependent on revenue performance. The deal will be earnings enhancing in its first full year. Alterian intends to offer Intrepid's social media analytics to its existing clients. Intrepid already uses Alterian's social media monitoring software. Fidelity has cut its stake in biopharmaceutical company <b>Renovo</b> from just above 5% to 2.73%. Renovo had £56.1m in the bank at the end of June 2010, which is more than its market capitalisation. <b>FTSE TechMARK - Risers</b> Emblaze (BLZ) 49.00p +18.07% Cable & Wireless Worldwide (CW.) 72.60p +8.68% CML Microsystems (CML) 102.50p +7.33% Parity Group (PTY) 7.25p +6.90% CSR (CSR) 299.40p +6.59% Ricardo Group (RCDO) 278.00p +5.30% Torotrak (TRK) 21.50p +4.65% Alterian (ALN) 195.50p +4.55% Vislink (VLK) 18.00p +2.78% Network Technology (NTY) 2,200.00p +2.27% <b>FTSE TechMARK - Fallers</b> Ark Therapeutics (AKT) 4.50p -5.26% Phytopharm (PYM) 9.00p -5.26% Vernalis (VER) 34.00p -2.86% Renovo Group (RNVO) 22.50p -2.17% Kewill (KWL) 97.00p -2.02% Sinclair Pharma (SPH) 26.75p -1.87% RM Group (RM.) 128.75p -1.72% Computacenter (CCC) 281.40p -1.47% Wolfson Microelectronics (WLF) 201.00p -1.47% BATM Advanced (BVC) 24.00p -1.03%
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