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BUZZ-Pace: brighter profit margin forecast halts recent stock dip

Reuters - UK Focus

** Set-top box maker Pace Plc (Other OTC: PCMXF - news) shares jump 7.3 pct after company sees full-year profit margins expanding more than its prior forecast.

** Jump sees stock recover entire slide from the Oct 30 intra-day high and is the best performer on the UK mid-cap index

** Company trimmed its revenue forecast & named a new CFO who takes up the role effective Jan 12.

(RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)