FTSE 250 movers: Retailers mostly higher as UK unemployment falls
16th Jul 2014 15:12
A number of retailers including Debenhams, N Brown, AO World and Home Retail were on the rise today as investors welcomed the latest UK economic data which showed a drop in unemployment. The UK jobless rate declined from 6.6% to 6.5% in the three months to May, the lowest since 2008, though wage gro
Read moreLondon midday: Airlines, retailers lead UK stocks lower
8th Jul 2014 12:12
- Airlines, retail stocks provide a drag - UK industrial production unexpectedly declines - Alcoa, Fed minutes in focus for US investors - M&S closely watched after Q1 update techMARK 2,816.76 -0.95% FTSE 100 6,790.61 -0.48% FTSE 250 15,731.61 -1.01% Heavy falls in the airline and retail sectors o
Read moreFTSE 250 movers: Evraz soars on latest rumours
7th Jul 2014 15:45
Evraz shares extended Friday's gains, today lifted by rumours Mechel, a Russian miner, is planning to merge its assets with the steel giant. At the end of last week the group was lifted by rumours it was looking to offload a stake in its North American assets in an effort to cut debt. Balfour Beat
Read moreFTSE 250 movers: NMC Health rises on CEO purchase
30th Jun 2014 15:36
NMC Health continued to surge, extending Friday's gains after its Chief Executive Officer and founder, B. R. Shetty, purchased 10m shares from its largest shareholder at a price of 500p per share. At the end of last week Numis Securities reiterated its 'buy' rating following the group's pre-close t
Read moreFriday newspaper round-up: Juncker, Morrisons, Saga
6th Jun 2014 07:31
The frontrunner to head the European Commission has lashed out at Britain in a sign of sharply increasing tensions between Downing Street and Brussels over the race for the top job. Jean-Claude Juncker, the arch-federalist whose election would horrify David Cameron, told a private meeting of Europea
Read moreAO World FY earnings rise but IPO costs weigh
5th Jun 2014 08:13
AO World reported higher sales and earnings, but the white goods supplier racked up annual operating losses of £7.2m due to costs of its flotation earlier this year. AO World said total revenue in the year to March 31st increased 40% to £384.9m, driven by increased order volumes at slightly higher
Read moreAO World confirms annual growth of 40 per cent
10th Apr 2014 08:04
AO World, the on-line white goods retailer that floated in London in March, has issued a trading statement to reassure that its results would be in line with expectations. On Thursday AO, which is likely to be added into the FTSE 250 in the next index review, put out a statement that said unaudite
Read moreWednesday tips round-up: Victrex, Just Eat
9th Apr 2014 07:31
Polymer specialist Victrex saw a significant uplift in second quarter sales, for growth of 14 per cent to 1,584 tonnes for the whole of the first half. However, the firm added that it is now selling higher volumes of lower profit-margin products. As well, foreign exchange headwinds in key markets su
Read moreWednesday newspaper round-up: Ukraine, Just Eat, Pension
9th Apr 2014 07:17
There are signs of disarray amongst some of the groups of armed radicals who have dug in behind reinforced barricades in several cities in eastern Ukraine. However, on Tuesday Russia warned the new government in Kiev against the use of force to make them vacate those positions. That comes after Ukra
Read moreMonday broker round-up UPDATE
7th Apr 2014 10:19
Abcam: Canaccord Genuity lowers target price from 386p to 375p, while upgrading from sell to hold. Aberbdeen Asset Management: Credit Suisse ups target price from 415p to 440p and stays with its neutral rating. AO World: Jefferies initiates with a target price of 410p and a buy recommendation. JP
Read moreSunday share tips: IPO bubble, McBride, Lifeline Scientific
6th Apr 2014 11:36
There is a bubble in initial public offerings (IPOs) that will cause awful losses for investors, the Sunday Telegraph's Questor column said. Royal Mail, with its monopoly on mail and parcel delivery and prime London property holdings, was the exception to an IPO boom that has seen companies such as
Read moreFriday newspaper round-up: Housing bubble, Scotland, AO World
28th Mar 2014 09:10
The number of borrowers being offered dangerously large mortgages is at an all-time high, the Bank of England has warned. About one in ten homebuyers are borrowing more than four times their income, the Bank said, stoking fears that the nation is in the grip of an unsustainable housing bubble. In Lo
Read moreAGA Rangemaster directors celebrate annual results
7th Mar 2014 15:38
AGA Rangemaster directors William McGrath and Shaun Smith celebrated a positive set of annual results with the purchase of shares. Chief Executive McGrath added 19,400 shares at 180.30p each for a total spend of £34,978, while Chief Financial Officer Smith spent £20,013 on 11,100 shares. The com
Read moreSunday newspaper round-up: RBS, AO World, Tesco
2nd Mar 2014 10:52
Royal Bank of Scotland is working on a plan to merge its troubled Ulster Bank arm with one of the Irish business's rivals, the Sunday Times reported. RBS is looking at merging Ulster Bank with banks such as Permanent TSB or the Irish arms of Danske Bank or KBC. Combining with one of these businesses
Read moreThursday tips tound-up: AO.com, Travis Perkins
27th Feb 2014 07:10
White goods online retailer AO.com makes a lot of staff being 'positive', which is all well and good. Unfortunately, investors in the company also seem to be taking the company's advice, which may end in tears. On the day of its flotation, markets duly pushed the outfit's market capitalisation up to
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