It ended the day up 4.6 points at 5,371. Just to buck the trend Panmure Gordon poured cold water on takeover talk in Arm Holdings. The stock had soared last week, but analyst Nick James said the chances of a sale were "extremely low given both strategic and valuation considerations". Panmure reiterated its "sell" rating and cut the target price from 275p to 265p. Mr James said: "While Arm is well exposed to multiple structural growth drivers, it is still also exposed to a weakening macro picture." 
Share:  It ended the day up 4.6 points at 5,371. Just to buck the trend Panmure Gordon poured cold water on takeover talk in <span class="company">Arm Holding</span>s.<span class="sent"> The stock had soared last week, but analyst <span class="analyst">Nick James</span> said the chances of a sale were "extremely low given both strategic and valuation considerations".</span> Panmure reiterated its "sell" rating and cut the target price from 275p to 265p. Mr James said: "While Arm is well exposed to multiple structural growth drivers, it is still also exposed to a weakening macro picture." Tweet this   read full story

"In order to continue investing for future growth and to support potential acquisitions, the board has decided not to declare an interim dividend at this time and finalise the full year dividend when the full year results are available," Mr Levy said. "We remain confident in the underlying fundamentals of the business and believe the move of 888, and the industry, to become a locally regulated gaming entertainment operator, presents significant opportunities for growth and merger and acquisition activity.". The dividend position will be reassessed at the end of the financial year. Simon French, a leisure analyst at Panmure Gordon, said: "The suspension of the dividend is about uncertainty. The company is just being cautious.". 
Share:  "In order to continue investing for future growth and to support potential acquisitions, the board has decided not to declare an interim dividend at this time and finalise the full year dividend when the full year results are available," Mr Levy said. "We remain confident in the underlying fundamentals of the business and believe the move of <span class="company">888</span>, and the industry, to become a locally regulated gaming entertainment operator, presents significant opportunities for growth and merger and acquisition activity.". The dividend position will be reassessed at the end of the financial year.<span class="sent"> <span class="analyst">Simon French</span>, a leisure analyst at Panmure Gordon, said: "The suspension of the dividend is about uncertainty. The company is just being cautious.".</span> Tweet this   read full story

Nick James, an analyst at Panmure Gordon, said the share price rise was probably due to relief that Intel will stick with Infineon's ARM designed chips. 
Share:  <span class="sent"><span class="analyst">Nick James</span>, an analyst at Panmure Gordon, said the share price rise was probably due to relief that <span class="company">Intel</span> will stick with Infineon's ARM designed chips.</span> Tweet this   read full story