FTSE 250 movers: AO World surges but energy-related stocks slump on oil price
7th Dec 2015 14:00
(ShareCast News) - London's FTSE 250 was up 0.3% to 17,417.09 at 1430 GMT, tracking broader gains as equity markets recouped last week's losses. Shares in AO World surged on Monday after the online electrical appliance retailer said fund manager Ruane, Cunniff & Goldfarb has taken a 5% stake in the
Read moreEntertainment One posts strong half year profit growth
17th Nov 2015 07:19
(ShareCast News) - Entertainment One has seen strong growth in its half year profit, and is on track to double the business by 2020. The FTSE 250 media group posted its interim results for the six months to 30 September on Tuesday. It said profit before tax jumped to £18.1m from £2.4m in the same t
Read moreBroker tips: Entertainment One, Pearson, Imagination Technologies
27th Oct 2015 13:43
(ShareCast News) - Peel Hunt downgraded Entertainment One to 'hold' from 'buy' and cut the price target to 260p from 340p, as the rights issue is digested by shareholders. The brokerage noted that Entertainment One has increased its exposure to Peppa Pig at a cost of £140m through the purchase of AB
Read morePeel Hunt downgrades Entertainment One after rights issue
27th Oct 2015 10:47
(ShareCast News) - Peel Hunt downgraded Entertainment One to 'hold' from 'buy' and cut the price target to 260p from 340p, as the rights issue is digested by shareholders. The brokerage noted that Entertainment One has increased its exposure to Peppa Pig at a cost of £140m through the purchase of AB
Read moreTuesday broker round-up
27th Oct 2015 09:16
(ShareCast News) - Apr Energy: Jefferies upgrades to hold, raises target price to 175.00p. Pearson: Credit Suisse downgrades to neutral, cuts target price to 970.00p. Dialight: Peel Hunt Limited downgrades to add, bumps up target price to 650.00p. Entertainment One Limited: Peel Hunt Limited downg
Read moreEntertainment One completes Peppa Pig acquisition
23rd Oct 2015 07:47
(ShareCast News) - Entertainment One has completed the acquisition of a 70% stake in Peppa Pig creator and producer Astley Baker Davies Limited (ABD) for £140m The FTSE 250-listed company previously held joint ownership rights for Britain's favourite pig with ABD, and funded the acquisition through
Read moreDirectors claim more bacon from Entertainment One
20th Oct 2015 16:33
(ShareCast News) - Entertainment One's chief executive officer and chief financial officer are helping the company get a bigger slice of Peppa Pig. The FTSE 250-listed company announced it September it will take a 70% stake in the cartoon's creator and producer Astley Baker Davies Limited for £140m,
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 moreLondon midday: Stocks gain despite downward revision of UK GDP
30th Sep 2015 11:09
(ShareCast News) - London stocks gained as investors shrugged off a downward revision to second quarter UK gross domestic product and a report showing the Eurozone entered deflation in September. UK GDP was unexpectedly revised lower to 2.4% year-on-year from the previous estimate of 2.6%, according
Read moreEntertainment One hopes Peppa Pig will bring home more bacon in £140m deal
30th Sep 2015 08:03
(ShareCast News) - Entertainment One is looking to make cartoon character Peppa Pig an even bigger global star by taking a 70% stake in creator and producer Astley Baker Davies Limited (ABD) for £140m. The FTSE 250-listed company already holds joint ownership rights for Britain's favourite pig wi
Read moreFTSE 250 movers: Entertainment One leads risers on stake sale
16th Sep 2015 13:55
(ShareCast News) - The FTSE 250 was up slightly with the index of mid-cap, 80 points, or 0.48% higher at 17,042. Leading the risers was Entertainment One, up 7% on news Marwyn Value Investors has sold its last remaining stake in the film and television distributor and said it will return part of the
Read moreEntertainment One spikes as Marwyn sells final stake
16th Sep 2015 07:49
(ShareCast News) - Marwyn Value Investors has sold its last remaining stake in FTSE 250 film and television distributor Entertainment One and said it will return part of the profits to its shareholders. London-listed Marwyn sold the 52.9m depository interests representing common shares to Canada Pe
Read moreFTSE 250 movers: Premier Farnell blown higher on Raspberry Pi
9th Sep 2015 14:55
(ShareCast News) - The FTSE 250 index rose strongly along with larger benchmark indices, but lost ground as the session wore on. At the close, the mid-cap index was up 0.9% at 17,153.28. Premier Farnell was the highest riser on the second-line index on the day when one of the electronic products it
Read moreEntertainment One takes confidence from Peppa Pig after first-quarter slip
9th Sep 2015 07:52
(ShareCast News) - Entertainment One disappointed investors with news that film distribution had suffered a weak first quarter, but assured that Peppa Pig helped its television arm to a very strong start and that it was confident about the full year result. Group revenues fell 2% on a pro forma and
Read moreEntertainment One contacts media companies over potential sale
30th Aug 2015 12:11
(ShareCast News) - FTSE 250 film and television group Entertainment One has reportedly spoken to media companies Sky and Vivendi about a potential sale. According to the Sunday Telegraph, while Sky thought to have shown little interest, French company Vivendi appears to be a much more suitable optio
Read more