FTSE 250 movers: Ocado keeps falling, Allied Minds lifted by paper tip
4th Jan 2016 14:10
(ShareCast News) - With less exposure to international companies than the blue chip benchmark, the FTSE 250 index was down 1.5% by mid afternoon, compared to the 2%-plus dip of the FTSE 100. Worries about China were the cause of the widespread losses in London, Europe and the US on Monday, but the U
Read moreSunday share tips: Persimmon, Vodafone, McBride, Telford Homes
3rd Jan 2016 14:47
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
Read moreLondon close: Stocks end higher despite negative services data
5th Oct 2015 16:03
(ShareCast News) - UK stocks gained as the market proved resilient against a batch of negative services data on hopes the Federal Reserve will keep interest rates unchanged for longer. The Markit/CIPS UK services purchasing managers' index fell to 53.3 in September from 55.6 in August, compared to a
Read moreFTSE 250 movers: Kaz Minerals shoots higher as copper gains; Playtech slumps
5th Oct 2015 14:34
(ShareCast News) - London's mid-cap index was up 1.7% to 17,084.45 at 1450 BST, tracking broader gains in the market as last week's disappointing nonfarm payrolls report prompted investors to push back expectations of a Federal Reserve rate hike. Kaz Minerals shot higher as copper prices added 1% ei
Read moreAllied Minds subsidiary Precision Biopsy raises USD33.6m
5th Oct 2015 08:29
(ShareCast News) - Allied Minds' subsidiary Precision Biopsy has raised $33.6m to accelerate the commercial expansion of its ClariCore biopsy system. Allied Minds contributed around $16.6m to Precision Biopsy, upping the value of its 68.3% holding in the subsidiary to $61.8m from $45.6m. ClariCore
Read moreFTSE 250 movers: Tullow Oil rockets, but BBA Aviation crashes on broker downgrade
1st Oct 2015 13:43
(ShareCast News) - London's FTSE 250 index was up 0.7% to 16,791.70 at 1525 BST on Thursday, as the broader market bounced back from recent losses and got a boost from better-than-expected UK manufacturing data. Shares in oil exploration and production company Tullow Oil rocketed after it said its l
Read moreFTSE 250 movers: Tate & Lyle in a sweet spot, but Poundland tumbles
24th Sep 2015 14:03
(ShareCast News) - London's FTSE 250 index was down 0.8% to 16,522.30 at 1524 BST, in line with the broader market. Tate & Lyle was in a sweet spot after Liberum upgraded the stock to 'buy' from 'sell' and lifted its price target to 670p from 505p. "While history is disappointing - four profit warni
Read moreAllied Minds subsidiary announces new collaboration
23rd Sep 2015 07:59
(ShareCast News) - Federated Wireless has announced it is collaborating with the National Advanced Spectrum and Communications Test Network (NASCTN). Both the Allied Minds subsidiary and NASCTN will be working together on the first pilot test of an Environmental Sensor Capability for the company's S
Read moreAllied Minds slammed by US hedge fund
22nd Sep 2015 16:20
(ShareCast News) - New York-based hedge fund Kerrisdale Capital has slammed science and technology development and commercialisation company Allied Minds, calling it a "dressed-up collection of high-risk, low-reward gambles". The report has sent the FTSE 250 listed company's stock plummeting on Tues
Read moreFTSE 250 movers: IG rallies on well-received update, Kaz Minerals tumbles
22nd Sep 2015 15:43
(ShareCast News) - London's FTSE 250 was in the red on Tuesday. At 1600 BST, the index was down 1.9% at 16,569.59, in line with the broader market, as mining stocks took a hit. IG Group was the standout gainer after the trading firm posted an increase in revenue in the first three months of the year
Read moreFTSE 250 movers: Ocado surges on back of positive broker notes
17th Sep 2015 14:19
(ShareCast News) - The FTSE 250 index was down 20.12 points, or 0.12%, to 17,041.85 mid-trading Thursday afternoon. Leading the risers was online grocery delivery company Ocado Group, which surged today on the back of positive notes from Morgan Stanley and Deutsche Bank. Vehicle hire group North
Read moreAllied Minds announces formation of 'HawkEye 360' project
17th Sep 2015 07:57
(ShareCast News) - Allied Minds announced the formation of HawkEye 360, a project that will use a constellation of small satellites in low Earth orbit to detect wireless signals that can be used to track and monitor global transportation networks, assist with emergencies, as well as other data analy
Read moreAllied Minds appoints Joseph Pignato as CFO
1st Sep 2015 07:56
(ShareCast News) - Allied Minds has appointed Joseph Pignato as chief financial officer. The science and technology development and commercialisation company said Pignato was most recently CFO of Swipely, where he helped oversee growth in sales under management to more than $4bn. He also served in s
Read moreAllied Minds widens loss, signs Yale deal for cancer treatment
27th Aug 2015 08:32
(ShareCast News) - Allied Minds posted a bigger loss in its first half results on Thursday, as it announced its joint venture subsidiary with Bristol-Myers Squibb signed a deal with Yale University for cancer treatment. The tech commercialisation company, which listed in 2014, posted a first half lo
Read moreFTSE 250 movers: Miners drag index down, Synthomer spikes higher
11th Aug 2015 14:15
(ShareCast News) - The FTSE 250 index was by late on Tuesday afternoon giving up some of the gains made late the day before, as commodities-focused stocks were hit by China's devaluation and corporate news received mixed reviews. By 1540 BST the index was down 0.47% at 17,677.29 points, with Vedanta
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