London close: Stocks mixed ahead of central bank meetings
11th Dec 2023 15:38
(Sharecast News) - London's stock markets closed with mixed results on Monday as miners faced pressure following disappointing Chinese economic data.
Read moreFTSE 250 movers: RPS continues to tumble, miners higher
1st May 2015 13:10
Shares in RPS Group continued Thursday's losses, when the industrial consultancy outfit said the continuing volatility in the oil and gas sector meant its energy business had a slower-than-expected start to the year. Stockmarket newcomer Virgin Money was climbing after it increased its share of the
Read moreFTSE 250 movers: Acacia boosted by Citi coverage, Rotork flows lower on weak Q1
24th Apr 2015 13:21
Acacia Mining was trading higher as Credit Suisse initiated the stock with an 'outperform' rating, despite the gold miner reporting an 18% fall in its first-quarter core profit due to declining prices for the yellow metal. Mining peers Vedanta Resources, BlackRock World Mining Trust and Kaz Minerals
Read moreFTSE 250 movers: IPF surges after dodging fine, property stocks higher
21st Apr 2015 13:46
International Personal Finance (IPF) was boosted as the home-credit group escaped a fine from Poland's consumer protection authority. After an investigation into fee structures, the Polish Office of Consumer Protection and Competition agreed to waive the fine if IPF's Provident Polska implement a ne
Read moreFTSE 250 movers: Lonmin tracks mining sector lower, Playtech boosted by higher price target
13th Apr 2015 14:09
Lonmin was in the red as Citigroup downgraded its rating on the stock to 'neutral'. Citigroup downgraded its stance on the wider mining sector on Monday to 'neutral' from 'bullish', saying that upside is "now capped" by weaker iron ore prices. BlackRock Mining was trading lower, as chief investment
Read moreFTSE 250 movers: Homeserve higher on strong winter trading, oil stocks and miners lower
27th Mar 2015 13:13
Homeserve was trading higher after a reassuring trading statement that revealed trading in its busy winter period had been "good" and in line with its full-year targets. Management was also pleased with levels of customer growth across the international businesses, having reported good customer numb
Read moreFTSE 250 movers: Synergy Health soars on Steris Corp buy-out
13th Oct 2014 15:27
Synergy Health shares rocketed after it was announced US-based medical technology group Steris Corp. had agreed to buy the UK company for $1.9bn. Synergy shareholders will be paid 439p a share in cash and 0.4308 shares in the newly combined group, valuing shares in the FTSE 250 group at £1.2bn, or 1
Read moreMichael Page chairman grows stake after strong Q1 results
18th Aug 2014 16:34
The chairman of Michael Page International on Friday purchased 44,987 shares in the group, growing his stake in the recruitment company above 138,000 shares. Robin Buchanan paid 442.3p a piece, spending a total of £198,978. The purchase came just a few days after the group reported a 7.9% rise i
Read moreFTSE 250 movers: Chinese data lifts mining sector
1st Jul 2014 15:49
Mining stocks were the best performers today, following the decent economic data from top metals user China. African Barrick Gold, BlackRock World Mining and Polymetal were three of the strongest risers on the second tier this afternoon. UK regeneration specialist St. Modwen Properties jumped as
Read moreFTSE 250 movers: Telecity sinks on revenue prediction
12th Feb 2014 14:59
Data centre services group Telecity saw its shares dive after predicting 2014 revenue would be below that forecast by analysts following a good set of results for 2013. Liberum issued a 'sell' rating on the company saying the guidance was five per cent below its guidance. Engineering and project m
Read moreEuromoney Executive more than halves stake
15th Nov 2013 16:08
Bashar AL-Rehany, an Executive Director of Euromoney, the international publishing business, this week sold 22,485 shares, reducing his stake to 14,791. The £252,500 disposal, which was made on behalf of his wife, saw the shares sold at 1,123p a piece. The sale was made on Thursday, the same day
Read moreBlackRock forms non-binding agreement on royalty investment
8th Oct 2013 09:16
BlackRock World Mining Trust announced that is has formed a non-binding agreement on the key commercial terms of a royalty investment. The deal, which has been formed with Avanco Resources, relates to a $12m net smelter return investment on Avanco's whole licensed area in Carajas, Brazil. It off
Read moreBlackRock World Mining Trust stands by heavy exposure to Rio Tinto
14th Feb 2013 13:35
The BlackRock World Mining Trust has published a portfolio update disclosing heavy exposure to the Anglo Australian mining group Rio Tinto. The Trust, which reported that over the last year the portfolio had registered a small drop in its undiluted net asset value (NAV) of -15.1%, stood by its hold
Read moreSector movers: London Mining leads industrials metals higher
30th Jul 2012 15:32
Industrial metals and mining stocks were on the rise on Monday with iron ore group London Mining surging after announcing a royalty transaction this morning. Shares in London Mining were nearly 18% higher today after saying that asset management firm BlackRock World Mining Trust is to buy a small s
Read moreBlackRock moves into mining royalties
30th Jul 2012 07:22
Asset management firm BlackRock World Mining Trust is to buy a small stake in London Mining's Marampa licence in Sierra Leone. Blackrock will acquire a two per cent revenue-related royalty from any iron ore sales over the life of the mine, paying $110m in cash. The transaction will be immediately
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