FTSE 250 movers: Al Noor leads the way, housing stocks drop
14th Oct 2015 14:26
(ShareCast News) - The FTSE 250 was down 79.98 points (0.47%) mid-afternoon to 16,818.05, with a weaker than expected data on Chinese consumer prices for September weighing on sentiment. Al Noor led the pack on the back of news that it had reached an agreement on the terms of a possible merger with
Read moreN Brown remains optimistic of turnaround as interim profts halved
14th Oct 2015 07:34
(ShareCast News) - N Brown, the specialist online and home shopping fashion retailer, impressed investors despite posting half-year results that showed a decline in profits as it shifts its business model from direct mail to digital. The FTSE 250 group, whose shopping brands include plus-size focuse
Read moreFTSE 250 movers: Vedanta surges but Lonmin slumps as platinum prices drop
25th Aug 2015 15:17
(ShareCast News) - London's FTSE 250 was firmly on the front foot on Tuesday, trading up 2.7% at 16,643.57 by 1600 BST, bouncing back from sharp falls in the previous session sparked by worries about a slowdown in China. Vedanta Resources was the standout gainer, rallying sharply as investors steppe
Read moreUK retail sales fall in June, ONS says
23rd Jul 2015 10:38
(ShareCast News) - UK retail sales fell 0.2% in June compared to month before, data from the Office for National Statistics (ONS) showed, some way off the 0.4% gain that had been expected. The soft patch was blamed on declining sales on a wide range of goods, predominantly food stores, furniture, sp
Read moreFTSE 250 movers: N Brown higher on stable full-year guidance, PZ Cussons downgraded
19th Jun 2015 13:51
Mid caps gained slightly on Friday as strong performances from construction, telecommunication and retail stocks offset a disappointing end to the Eurogroup meeting on Greece. As of 1545 BST, the FTSE 250 was trading 0.12% higher at 17,700. N Brown, the home shopping group which brands such as Simp
Read moreLondon midday: Hikma, COLT lead stocks higher despite Greek negativity
19th Jun 2015 11:25
UK stocks advanced on Friday as investors shrugged off a disappointing end to the Eurogroup meeting on Greece, and instead sought out bargains following the recent sell-off. The FTSE 100, which dropped to levels not seen since January earlier in the week, was trading up 0.54% at 6,744.20 by midday.
Read moreLondon open: Stocks shrug off Greek woes, Hikma and COLT surge
19th Jun 2015 08:29
UK stocks edged higher on Friday morning despite a bleak outcome to the Eurogroup meeting, as finance minsters failed to come up with proposals to solve the Greek debt crisis. However, given that expectations were low going into Thursday's meeting, disappointment may have already been priced in, ana
Read moreLondon pre-open: Weak start expected as Greek fears intensify
19th Jun 2015 07:42
UK stocks are expected to dip slightly on Friday morning as investors react to the latest disappointment in Greek debt talks, after finance ministers failed to come up with cash-for-reforms deal in Luxembourg. City sources predict the FTSE 100 will open six points lower than Thursday's close of 6,70
Read moreN Brown makes "encouraging start" as first-quarter sales rise
19th Jun 2015 07:13
N Brown, the home shopping group with brands such as Simply Be and Jacamo, said its full-year guidance remains unchanged after an "encouraging start to the year". The Manchester-based business said group turnover was up 2.5% in the first quarter ended 29 May, following a 0.1% decline over the full p
Read moreFTSE 250 movers: NMC Health surges on acquisitions, Ophir Energy reverses
29th Apr 2015 13:20
Healthcare provider NMC Health topped the risers after completing the acquisition of two sector peers based in the United Arab Emirates for a combined £65m. Following the deal, analysts at Numis raised the target price on the stock for the second time in six weeks. Greggs surged after first-quarter
Read moreN Brown final results beat recently lowered expectations
29th Apr 2015 09:48
Shares in N Brown bounced back after final results from the internet and home shopping business were not as bad as been feared. Having in March issued a "slight" profit warning, results for the year to the end of February were slightly better than expected, with revenues almost flat at £818m and pro
Read moreThursday broker round-up
12th Mar 2015 17:30
Asos: Cannacord Genuity raises target to 3,250p from 2,520p and reiterates hold. Cambian Group: Cannacord Genuity lifts target to 311p from 294p and reiterates buy. BP: JP Morgan raises target to 410p from 400p and reiterates underweight. Royal Dutch Shell: Investec reiterates hold. Supergroup: C
Read moreFTSE 250 movers: Domino Printing up on Japanese acquisition
11th Mar 2015 13:42
Japan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, unleashing a 32% surge in the share price. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to opera
Read moreLondon midday: Rebound falters as stocks pare gains after weak economic data
11th Mar 2015 11:57
London's stocks rose on Wednesday after plunging to a seven-week low, though any hopes for a full reversal of the prior day's sell-off were shattered by gloomy data from China and weak production figures from the UK. London's FTSE 100 was up just 0.08% at 6,708.24 by midday, having quickly erased ga
Read moreLondon open: Stocks rebound slightly after sell-off, Domino Printing soars
11th Mar 2015 08:26
UK stocks advanced on Wednesday morning but only partly reversed the prior day's heavy sell-off as a raft of weak economic data from China added to concerns about a slowdown in the world's second-largest economy. London's FTSE 100 was up 0.4% at 6,731.82 in early trading. The index sunk 2.5% on Tue
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