FTSE 250 movers: Laird leaps on rising revenues

26th Jul 2012 15:13

Cash is pouring in at technology group Laird as revenues pick up, as the company saw strong demand in the second quarter from the information technology and automotive markets, pushing shares into top spot on the second tier index. Meanwhile, bank note printer De La Rue appears said orders in its Currency division have been below expectations since the beginning of April. The decline in orders during the three months from April 1st was the result of delays in receipt of orders and the more challenging market conditions for bank note paper.Synergy Health, a provider of outsourced sterilisation services, disappointed investors by admitting headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. Rathbone Brothers, the investment management firm, also fell after it said that it will be classified as 'restricted' under the Retail Distribution Review (RDR) when the new regulations come into play next year, although its pension and advisory services sector will be classed as 'independent'. FTSE 250 - RisersLaird (LRD) 209.80p +13.71%St James's Place (STJ) 338.60p +6.21%Drax Group (DRX) 465.10p +5.23%Talvivaara Mining Company (TALV) 128.70p +4.72%Petropavlovsk (POG) 419.70p +4.72%Avocet Mining (AVM) 70.15p +4.47%COLT Group SA (COLT) 112.70p +4.35%Ruspetro (RPO) 138.10p +4.23%Man Group (EMG) 81.95p +4.06%Taylor Wimpey (TW.) 44.42p +3.98%FTSE 250 - FallersDe La Rue (DLAR) 1,015.00p -4.69%Cookson Group (CKSN) 528.50p -3.65%Synergy Health (SYR) 920.00p -3.11%BTG (BTG) 379.80p -2.72%Genus (GNS) 1,259.00p -2.10%PayPoint (PAY) 687.00p -2.00%Rathbone Brothers (RAT) 1,286.00p -1.91%CSR (CSR) 302.60p -1.79%London & Stamford Property (LSP) 113.00p -1.57%Ferrexpo (FXPO) 173.60p -1.53%NR