Home
Investment
News & Views
Company News
news storage
TechMARK movers: Spectris upgrades
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: Spectris upgrades
Fri, 16 Jul 2010, 14:59:00
Instrumentation and controls company <b>Spectris</b> is higher after a positive trading update and broker KBC Peel Hunt switching from a hold to buy recommendation. Spectris expects full year results to be ahead of expectations after an 'encouraging' first half. KBC Peel Hunt has upgraded its profit forecast from £95m to £102m. The group said it is continuing to see an improvement in demand over the prior year, with signs of recovery throughout most regions and end markets. <b>Vernalis</b> and its partner Biogen Idec have discontinued the development of vipadenant (V2006/BIIB014) as a Parkinson's disease treatment. This was as a result of preclinical toxicology studies. The two companies have not given up and they are setting their sights on developing an alternative compound. This compound could move into Phase I clinical studies in early 2011. <b>FTSE TechMARK - Risers</b> Spectris (SXS) 893.50p +6.94% CML Microsystems (CML) 85.50p +8.23% Sinclair Pharma (SPH) 29.00p +7.41% AEA Technology (AAT) 17.00p +6.25% Telecity Group (TCY) 422.80p +4.84% Intec Telecom Systems (ITL) 51.50p +3.00% Sepura (SEPU) 45.50p +2.82% Antisoma (ASM) 5.15p +2.79% Renishaw (RSW) 794.00p +2.78% Asterand (ATD) 11.75p +2.17% <b>FTSE TechMARK - Fallers</b> Emblaze (BLZ) 33.00p -7.04% Ark Therapeutics (AKT) 4.60p -6.69% Phytopharm (PYM) 7.75p -6.45% Vernalis (VER) 33.00p -6.38% Electronic Data Processing (EDP) 45.50p -4.40% Aveva Group (AVV) 1,298.00p -3.13% Parity Group (PTY) 9.50p -2.63% Axis-Shield (ASD) 247.25p -2.27% Vectura Group (VEC) 43.75p -2.23% Innovation Group (TIG) 11.50p -2.13%
©2004-2009 QCK.com
