Market Movers

LONDON (ShareCast) - IT consultancy group Morse (LSE: MOR.L - news) said revenue and adjusted earnings before interest and tax (EBIT) will be towards the upper end of analyst expectations for the year.

"The Company currently anticipates that Revenue and Adjusted EBIT* from Continuing Operations for the year ended 30 June 2009 will be towards the upper end of Analyst expectations," it said.

The group added that its cash position at 30 June 2009 was approximately £12.7m and after taking account of Customer Specific Financing the net cash position of the group was approximately £12m.

FTSE TechMARK - Risers Morse (MOR) 18.00p +22.03% Alizyme (LSE: AZM.L - news) (AZM) 3.00p +7.14% Puricore (PURI) 14.00p +5.66% Phytopharm (PYM) 5.25p +5.00% Ark Therapeutics (LSE: AKT.L - news) (AKT) 46.00p +4.55% Sinclair Pharma (LSE: SPH.L - news) (SPH) 26.00p +4.00% Intec Telecom (LSE: ITL.L - news) (ITL) 76.50p +2.68% Phoenix IT Group (LSE: PNX.L - news) (PNX) 214.75p +2.02% Microgen (LSE: MCGN.L - news) (MCGN) 69.00p +1.47% BATM Advanced (BVC) 35.00p +1.45% FTSE TechMARK - Fallers Psion (LSE: PON.L - news) (PON) 65.25p -6.12% Kofax (KFX) 140.25p -5.24% Renovo Group (LSE: RNVO.L - news) (RNVO) 25.75p -4.63% AEA Technology (LSE: AAT.L - news) (AAT) 27.25p -4.39% ARC International (LSE: ARK.L - news) (ARK) 12.25p -3.92% Optos (OPTS) 69.50p -3.47% Alphameric (LSE: ALM.L - news) (ALM) 29.00p -3.33% Innovation Group (LSE: TIG.L - news) (TIG) 9.40p -3.09% E2V Technologies (LSE: E2V.L - news) (E2V) 65.00p -2.99% CML Microsystems (LSE: CML.L - news) (CML) 33.50p -1.47%