Weak technology markets are triggering more profit warnings. with little good news in prospect for investors. Baltimore Technologies has warned that it will report a loss or break-even position in its second quarter compared with its previous earnings' estimate of 15 to 16 cents per share.

MIPS Technologies has said the revenue in the quarter just ended would be close to half the consensus estimate at between $14 million (€16.5 million) and $15 million.