FTSE 250 movers: Berkeley rises on profit surge

29th Jun 2012 13:50

House-builder Berkeley Group jumped after seeing both revenues and profits surge in the 2011/2012 fiscal year and saying it would hit its medium-term profit targets quicker than first thought. ?? Meanwhile, two weeks after confirming speculation that it was interested in German engineering group Elster, buy-out firm Melrose said that it is looking to take over the firm by spending $2.3bn, or £1.5bn, causing shares to slip today. Melrose will finance the acquisition and expenses through a combination of new debt and by way of a £1.2bn fully underwritten rights issue. ? FTSE 250 - RisersTalvivaara Mining Company (TALV) 172.90p +10.13%Yule Catto & Co (YULC) 142.80p +6.65%Barratt Developments (BDEV) 138.80p +6.61%Afren (AFR) 104.60p +6.30%Smith (DS) (SMDS) 148.00p +6.25%Bellway (BWY) 835.00p +6.17%Taylor Wimpey (TW.) 47.99p +6.03%Persimmon (PSN) 604.00p +5.96%Henderson Group (HGG) 101.60p +5.94%Lonmin (LMI) 777.00p +5.43%FTSE 250 - FallersAvocet Mining (AVM) 95.00p -37.00%Ocado Group (OCDO) 75.30p -5.28%Stobart Group Ltd. (STOB) 112.70p -1.57%Barr (A.G.) (BAG) 397.40p -1.51%Ruspetro (RPO) 131.00p -1.13%Genus (GNS) 1,236.00p -0.96%Synergy Health (SYR) 901.50p -0.93%Chemring Group (CHG) 275.40p -0.90%Rank Group (RNK) 118.00p -0.84%BH Global Ltd. USD Shares (BHGU) 11.16 -0.71%NR