Market hits share prices

Penna Consulting's share price continued to rise, 97.5p, after it reported a pre-tax profit of £0.5m for the six months ended 30 September 2007, compared to a loss of £1.0m in 2006.
Penna Consulting's share price continued to rise, 97.5p, after it reported a pre-tax profit of £0.5m for the six months ended 30 September 2007, compared to a loss of £1.0m in 2006. Empresaria's share price remained unchanged at 142p after it announced it had acquired 56% of the share capital of Chilean recruiter Marketing y Promociones Limitada. But elsewhere share prices fell. Greatfleet's share price fell from 4.75p to 4.62p on the days after it gave a trading update which said its outcome for the current year is likely to be significantly below its previous expectations. Professional services recruiter Harvey Nash shares fell 2.5p to 63p in the days following its decision to take an equity stake in TechDiscovery LLP, which it works with in the US to provide IT solutions and consulting services. Meanwhile, financial specialist Michael Page continued to be affected by the credit crunch, with its share price falling 50.25p to reach a year low of 374p in the past fortnight.

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