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Thursday, June 10, 2010

ARM Shares goes High after "Apple" bid rumour

The rumours that Apple wants to buy high-rated UK chip supplier ARM have returned with dramatic effect.

In early trading, ARM saw its shares surged to a record price of £3.62 ($5.30), a 32 percent rise in value, before rapidly falling back to a mid-afternoon price of around £2.95, about 7 percent higher. The last time its shares reached such heights was in 2002. Read More............