Home
Investment
News & Views
Company News
news storage
TechMARK movers: Parity attempts recovery
Wed, 08 Feb, 2012
INVESTMENT NEWS
Company Search
Search QCK.COM
Investment Home
News & Views
Top Stories
Charting
Company Search
Watchlist
Market Reports
Market Buzz
Company News
Economic News
New Issues
Other News
TechMARK movers: Parity attempts recovery
Thu, 2 Sep 2010, 13:24:00
IT services provider <b>Parity</b>'s share price is attempting to recover following Tuesday's interim figures. Parity reported a 16% drop in revenues to £52.6m and a loss of £2.69m. The operations broke even but there were large write-offs and restructuring costs. The second half of the year will be difficult and Parity will continue to be loss-making. The full benefit of cost reductions will show through next year. Cash is in short supply and additional bank facilities are required. <b>Sinclair Pharma</b>'s share price remains below the open offer price of 28p a share. Existing shareholders are being offered the chance to subscribe for 0.1767 of a share for each Sinclair share that they own. Sinclair will raise £17.9m net. <b>FTSE TechMARK - Risers</b> Parity Group (PTY) 7.25p +6.90% Torotrak (TRK) 21.50p +4.65% Autonomy Corporation (AU.) 1,698.00p +4.11% BAE Systems (BA.) 312.80p +3.58% RM (RM.) 131.50p +2.33% Network Technology (NTY) 2,200.00p +2.27% Anite Group (AIE) 45.50p +2.25% BATM Advanced (BVC) 25.25p +2.02% Phoenix IT Group (PNX) 200.50p +1.78% Axis-Shield (ASD) 293.00p +1.74% <b>FTSE TechMARK - Fallers</b> NXT (NTX) 11.00p -4.35% ARM Holdings (ARM) 359.90p -3.80% Intec Telecom Systems (ITL) 62.50p -3.10% Cable & Wireless Worldwide (CW.) 70.00p -2.71% Phytopharm (PYM) 9.25p -2.70% Alterian (ALN) 192.00p -2.29% COLT Group S.A. (COLT) 116.70p -1.93% Sinclair Pharma (SPH) 26.75p -1.87% DRS Data (DRS) 17.50p -1.41% Vislink (VLK) 17.75p -1.39%
©2004-2009 QCK.com
