FTSE 250 movers: Just Eat and Ocado lead slide
8th Jul 2014 15:40
Leading the FTSE 250 on its journey lower on Tuesday, Just Eat continued its own recent decline with a steep drop in the session, which fell along with fellow online retailer Ocado, which was knocked by a target price cut from Deutsche Bank from 350p to 330p. Although it was expected, slowing sales
Read more3i Infrastructure reports progress in European portfolio in Q1
8th Jul 2014 09:01
Infrastructure investment company 3i Infrastructure saw income increase across its European portfolio in the first quarter. Portfolio income, which comprises dividends and interest receivable from portfolio assets, totalled £19.5m in the three months to June 30th, up from £17.9m the year before. T
Read moreFTSE 250 movers: Xaar extends losses after broker comment
18th Jun 2014 14:43
Xaar shares continued to fall following yesterday's profit warning, after UBS reduced its target price from 950p to 550p and Investec reduced target price from 960p to 560p, downgrading from 'buy' to 'hold'. N Brown fell after the home-shopping business reported sales below market hopes, prompting
Read moreLondon midday: Oil stocks lead markets higher ahead of FOMC
18th Jun 2014 11:48
- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreLondon open: Stocks at three-week high ahead of data-heavy week
31st Mar 2014 08:29
- Busy week for economic data - German retail sales rise, Eurozone CPI ahead - Insurance stocks rebound after heavy falls techMARK 2,778.57 +0.59% FTSE 100 6,657.68 +0.64% FTSE 250 16,276.97 +0.59% UK stocks were trading at a three-week high on Monday morning as investors began the week in a bulli
Read moreLondon pre-open: Subdued start expected ahead of busy week
31st Mar 2014 07:28
UK stocks are expected to open slightly lower on Monday morning as investors adopt a cautious approach ahead of a busy week. "Whilst much of the strength seen throughout the latter half of last week seemed to show both technical and fundamental elements, there is more of a feeling that we will ret
Read moreRobust European performance at 3i Infrastructure, India headwinds
31st Mar 2014 07:14
- European portfolio performs well - India Fund hurt by market issues - Sees opportunities in core infrastructure market Investment firm 3i Infrastructure said its European portfolio has continued to perform well however its India Fund remains affected by a number of macro-economic and market issue
Read moreLondon pre-open: Small rise expected on FTSE
24th Jan 2014 07:14
- Modest rise expected on FTSE - Carney and Draghi both due to speak at World Economic Forum - Royal Mail posts two per cent rise in LFL nine month revenue City sources predict the FTSE 100 will open seven points above yesterday's close of 6,773.28, ignoring a weak performance in both Asia and the
Read moreFTSE 250 movers: De La Rue hit by Citigroup downgrade
27th Nov 2013 14:05
Banknote printer De La Rue was in the red today, pulling back after a strong rise the day before after its first-half report. The stock was being weighed down this morning by Citigroup, which downgraded its rating from 'buy' to 'hold'. Yesterday the stock rose strongly on the back of an upgrade from
Read more3i Infrastructure warns on Indian fund valuation
1st Oct 2013 07:31
Major depreciation of the rupee and investee company issues dogged the Indian arm of 3i Infrastructure, while its European portfolio saw income generation slow in the second quarter. The FTSE 250-listed private equity fund's India subsidiary continued to deteriorate, driven by a tougher macro envir
Read more3i Infrastructure eschews India for developed markets
9th May 2013 10:03
Investment company 3i Infrastructure has decided to rebalance its investment strategy in favour of less volatile investments in more developed markets. After lifting the total return 59% to £89.1m in the year to end-March, the FTSE 250 closed-ended vehicle said it was lowering its return objective
Read more3i Infrastructure's results hit by macroeconomic pressures
28th Mar 2013 09:50
Investment company 3i Infrastructure revealed on Thursday that macroeconomic pressures have impacted its India arm in the second half. Ahead of the fund's annual results, the group released a trading statement outlining its performance for the period between April 1st, 2012 to March 27th, 2013. "T
Read more3i Infrastructure sells stake in Alpha Schools at a premium
25th Mar 2013 08:58
Jersey-incorporated, closed-ended investment company 3i Infrastructure has sold its 50 per cent holding in Alpha Schools (Highland) Holdings Limited to a wholly-owned subsidiary of HICL Infrastructure Company Limited, which already owns the balance of the investment. The sale of the company's inve
Read morePortfolio income surges at investment company 3i
5th Feb 2013 07:42
The value of portfolio income at investment management company 3i rose 28.3 per cent to 68m pounds in the period from October 1st to February 4th compared to the corresponding period in the previous year, an interim management statement from the company has disclosed. The FTSE 250 company, which fo
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