News for February 2001

ROUNDUP: TMT stocks in London on Wednesday
TechMARK led the fallers with a 50.3 point drop to 2,303.37 and was followed by the FTSE 100 which slid 23.3 points to 5,917.9. Even the slothful AIM finished
  • Feb 28, 2001
Teamtalk posts negative margin for Q3
Teamtalk attributed the reversal of gross profits to increased cost of sales and administrative expenses, which have risen by 17% and 13% respectively over
  • Feb 28, 2001
UPDATE: Brainspark damaged by “buyer's strike”
With no turnover and pre-tax losses of 14.6m the incubator has had to take some drastic action, announcing a 40% cut in its staff, a restructuring of the
  • Feb 28, 2001
Totalise losses and debts widen
The company, which has been surviving on financing provided by its chief executive, announced on 20 December that it would be drawing down on the 1.2m loan
  • Feb 28, 2001
BULLETIN: Wednesday TMT results and IPOs
Main market Microchip developer and designer ARC International released year-end figures for the period to 31 December. Turnover was up 10% at 3.5m with
  • Feb 28, 2001
Gemplus and IBM get smart
Although on and offline smart card deployments have met with some success in Europe and the US, the UK has so far dragged its feet in this area. Gemplus, one
  • Feb 28, 2001
Intel moves from chips to communications
According to Craig Barrett, CEO of Intel, communications now accounts for around 8% of the company's business, but he expects that this will increase more
  • Feb 28, 2001
Market waiting for second leg result from InterClubNet
Interim results for the six months to 30 November 2000 show the company achieving a turnover of just under 0.5m, although the company points out that this
  • Feb 28, 2001
Eidos predicts profitability despite short-term downturn
The results also showed a 9.3% fall in gross profit margins to 56.4%, from 62.2% the previous year. The profit warning on its full year results issued by
  • Feb 28, 2001
IAB guidelines elicit mixed reaction
According to the IAB the voluntary guidelines, which recommend increasing the size of the standard ad banner, will enable marketers to incorporate greater
  • Feb 28, 2001
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