Feeds

Tech companies to suffer again in FTSE100 review

Marconi obviously, but what about Telewest, CMG, Energis...

  • alert
  • submit to reddit

Gartner critical capabilities for enterprise endpoint backup

Yet more technology companies are to be kicked out of the FTSE100 index next week as part of the regular review.

Okay, so this is a piece of anti-news* but following yesterday's total collapse of Marconi shares, it has become clear that the former giant is to be removed from the listing for the first time since the index's inception in 1984.

Not only that, but as with every other review in recent times, yet more technology companies will be removed and replaced with companies from old-skool industries.

Among the suspected drop-outs are Telewest, the UK's second-biggest cable company; Energis; Misys, which has been in and out the index for two years now; CMG, which does text messaging software; and Colt Telecom, a telco which fronted the local-loop battle against BT. ®

* Anti-news: The increasing reliance on news agencies to write news stories about things that are about to happen as opposed to waiting for them to actually happen. This skewed approach to news enables companies feel they are leading the competition and is widely abused by PR agencies who give "exclusives" as a thankyou to favourable reporters and as a carrot to others.

The essential guide to IT transformation

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer quits Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.