FTSE 250 movers: Taylor Wimpey bills gains

3rd Aug 2010 15:54

Housebuilder Taylor Wimpey crept back into profit in the first half of 2010, but is concerned over the possible impact of government spending cuts going forward. The market has focused on the positives though, and the shares are up by more than 8%.Engineering group Meggitt said order intake for its civil aerospace business improved in the second quarter while military revenues should pick up in the second half.Profits were higher at ITV but the shares fell after new chief executive Adam Crozier has unveiled a five-year transformation plan for the embattled TV broadcaster involving a move into pay-TV to halve its dependence on advertising. FTSE 250 - RisersTaylor Wimpey (TW.) 31.00p +8.70%Heritage Oil (HOIL) 447.70p +5.14%GKN (GKN) 143.10p +4.76%Tullett Prebon (TLPR) 375.60p +4.48%Savills (SVS) 336.30p +2.84%De La Rue (DLAR) 756.00p +2.44%Helical Bar (HLCL) 312.70p +2.19%Carpetright (CPR) 760.50p +2.15%Cookson Group (CKSN) 476.00p +1.93%Renishaw (RSW) 867.00p +1.88%FTSE 250 - FallersBlueBay Asset Management (BBAY) 260.00p -6.94%Connaught (CNT) 32.52p -6.12%Meggitt (MGGT) 292.70p -5.06%Aquarius Platinum Ltd. (AQP) 272.70p -4.75%Promethean World (PRW) 126.50p -4.17%Victrex (VCT) 1,230.00p -4.13%Redrow (RDW) 109.00p -4.13%Telecity Group (TCY) 417.60p -4.00%ITV (ITV) 51.55p -3.73%Croda International (CRDA) 1,301.00p -3.20%