STOCKS NEWS UK-Imagination shares up on Mediatek deal

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14:03GMT 22Jun2009-Imagination shares up on Mediatek deal

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Shares of Imagination Technologies Group Plc (IMG.L) rise 6 percent as the company signs a multi-use license agreement with Taiwan's MediaTek Inc (2454.TW), which designs microchips for mobile phones and DVD players.

Seymour Pierce analyst Ian Robertson says: "This is excellent news for Imagination as it places it firmly into the prospective volume smart phone markets, significantly derisking the story."

To see Imagination Technologies' statement please click on [ID:nRnsV2318U]

Reuters messaging rm://purwa.naveen.reuters.com@reuters.net

13:12GMT 22Jun2009-Kewill Systems up; Investec says "buy"

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The supplier of software to the global logistics sector says pretax profit fell to 1.4 million pounds ($2.3 million) for the year ended March 31, compared with 2 million pounds a year ago, while revenue rose 5 percent to 53.3 million pounds, helped by foreign exchange gains.

Underlying profit grew to 7.5 million pounds, compared with 7.0 million pounds a year ago, and the company expects growth in the current fiscal year.