FTSE 250 movers: Bovis Homes drives housebuilders higher
8th Nov 2013 15:25
Bovis Homes drove housebuilders higher on Friday after it underlined the healthy state of Britain's housing market by revealing that its forward order book was in its "best position for many years". It said government measures such as the Help to Buy scheme had contributed to an already more confide
Read moreDialight still sees flat full year profits
7th Nov 2013 09:10
Dialight said it continued to expect full year underlying profits to be "broadly in line" with last year's results although it warned that the timing of industrial lighting orders was difficult to predict. Investors are likely to take heed of the caution given that the LED light specialist was for
Read moreWednesday broker round-up UPDATE
25th Sep 2013 09:46
Amec: JP Morgan reduces target price from 1301p to 1243p and stays with its neutral rating. Amlin: UBS ups target price from 400p to 450p upgrading from neutral to buy. BAE Systems: UBS takes target price from 450p to 490p and maintains a buy recommendation. BHP Billiton: Alphavalue shifts target
Read moreDialight Finance Director sells shares to cover vesting costs
19th Sep 2013 15:39
The Group Finance Director of Dialight this week sold 21,284 shares in the group, less than a week after it warned of contract delays and flat profits. Mark Fryer sold the shares at 1,150p each in a transaction that was made in order to meet his tax and national insurance liabilities, which crysta
Read moreLondon close: Stocks flat as eyes turn to Fed meeting
12th Sep 2013 16:37
The spotlight was back on US economic data on Thursday with markets ending flat as investors looked ahead to the next policy meeting at the Federal Reserve. The FTSE 100 finished just 0.55 points higher at 6,588.98. Nevertheless, this was still the third straight day in positive territory for Londo
Read moreFTSE 250 movers: Dialight dives on profit warning
12th Sep 2013 14:26
Delays in the signing of large contracts has forced industrial lighting group Dialight to warn that profits will be flat for the full year, causing shares to drop sharply, pushing the stock into the bottom spot on the second tier index. Kentz was also a heavy faller after AMEC said it would not
Read moreLondon midday: Stocks flat after recent gains
12th Sep 2013 11:31
UK markets were trading broadly flat on Thursday morning as investors digested recent developments in Syria some disappointing industrial production figures from the Eurozone. Traders were also showing caution as eyes begin to turn to the upcoming policy meeting at the Federal Reserve. The FTSE 1
Read moreLondon open: Stocks flat as focus turns to Fed meeting
12th Sep 2013 08:19
UK markets paused at a one-month high on Thursday morning as easing fears over Syria gave investors the chance to focus on the upcoming policy meeting at the Federal Reserve. Traders were also showing caution ahead of speeches from Bank of England Governor Mark Carney as he testifies to the Treasur
Read moreDialight warns on full-year profits after contract delays
12th Sep 2013 07:35
Delays in the signing of large contracts has forced industrial lighting group Dialight to warn that profits will be flat for the full year. The FTSE 250 group reassured that it had made good progress towards gaining "significant" deals for its obstruction systems products, but has only highlighted
Read moreMonday broker round-up UPDATE
9th Sep 2013 10:42
Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an
Read moreLondon close: Stocks fall for fourth straight day
7th Aug 2013 17:00
The FTSE 100 finished in the red for the fourth straight day on Wednesday as worries over a withdrawal of stimulus in the US and an underwhelming statement from the Bank of England (BoE) dampened sentiment. Comments from a number of Federal Reserve officials and the ongoing improvement in US econom
Read moreFTSE 250 movers: Ferrexpo jumps after solid first-half numbers
7th Aug 2013 14:55
Iron pellet producer Ferrexpo was the high riser on the FTSE 250 on Wednesday with shares up over 10 per cent after a solid first-half report. Revenues were up 6.0% year-on-year at $775m as strong sales demand offset lower market pricing. Analyst Louise Collinge from Investec said that underlying e
Read moreLondon midday: Markets underwhelmed by Carney's dovish guidance
7th Aug 2013 11:38
The FTSE 100 had sunk sharply by Wednesday lunchtime as markets reacted negatively to the Bank of England's (BoE) new forward guidance and improved growth forecasts. All eyes were on new BoE Governor Mark Carney today as he unveiled the central bank's quarterly Inflation Report in which he was wide
Read moreLondon open: Stocks fall as markets await Carney's forward guidance
7th Aug 2013 08:31
Markets opened with moderate losses on Wednesday morning as investors turned nervous ahead of the Bank of England's inflation report, the first under the governorship of Mark Carney. The heavyweight mining sector was again providing a drag on the FTSE 100 as metals prices fell, while a number of b
Read moreFTSE 250 movers: Fund manager Jupiter rockets after strong first half
1st Aug 2013 14:24
Shares in Jupiter Fund Management leapt on Thursday on the back of a strong set of half-year numbers which showed a strong investment performance and a nearly doubling of profits year-on-year. The results prompted the company to raise its interim dividend by two fifths. Sector peer Rathbone Brother
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