News: Imagination Technologies Group PLC (IMG.L)

IMG.L on London Stock Exchange

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Wed, Mar 18 2015

UPDATE 1-Imagination Technology cuts licensing outlook on 'muted' demand

LONDON, March 18 - Imagination Technologies , which provides graphics technology to Apple has cut its outlook for licensing this year, saying activity had been a "little muted" since November, sending its shares down 14 percent.

Imagination Tech sees licensing at about last year's level

LONDON, March 18 - Imagination Technologies , the company that provides graphics technology to Apple, said licensing activity had been a "little muted" since November, although its pipeline remained good and it saw its outcome in licensing at least the same as last year.

UPDATE 1-Hikma hits Tullow Oil out of UK's FTSE 100

* Afren, Game Digital, Oxford Instruments out of FTSE 250 (Adds detail on reshuffle, background)

BRIEF-Intel Foundation plans to sell stake in Imagination Technologies Group

* Intel Foundation intends to offer for sale up to about 13.4 million shares of Imagination Technologies Group

BRIEF-Imagination Technologies names Bert Nordberg as Chairman

* Appointed Bert Nordberg as a non-executive director and chairman designate, with effect from 20 March 2015

Imagination Tech sees 'significant' improvement ahead after profit fall

LONDON - Imagination Technologies, the British company that supplies graphics processing to Apple Inc, said it expected an improved second half as costly investments which weighed on the first months of the year begin to pay off.

UPDATE 1-Imagination Tech sees "significant" improvement ahead after profit fall

* H1 adjusted pretax slumps 75 pct, reflecting higher investment

Imagination Tech sees better H2 after interim profit fall

LONDON, Dec 16 - Imagination Technologies, the British company that supplies graphics processing to Apple, reported a 75 percent drop in adjusted profit in the first half, reflecting heavy investment in its product line.

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