FTSE 250 movers: BTG climbs on full-year sales outlook
3rd Apr 2014 15:31
Specialist healthcare group BTG rose strongly after saying it expects full-year sales to be at the top end of guidance after a 'transformational year'. Revenues for the financial year to March 31st are expected to be at the upper end of the £275-285m guidance range, which the company had reiterated
Read moreTT Electronics finance chief sells stock
1st Apr 2014 13:09
The wife of TT Electronics Finance Director Shatish Desani sold down some of the pair's stake on Tuesday with the shares just off a seven-year high. The Desanis sold £319,500 of a stake under Mrs Desani's name at 213p, to leave the couple with a holding of 0.33%. Desani joined in 2008 when the sh
Read moreFTSE 250 movers: Evraz continues to recover, miners gain
31st Mar 2014 13:54
Steel producer Evraz continued its recent volatile moves on Monday, rising over seven per cent to the top of the risers list on the FTSE 250. The stock fell to an all-time closing low of 54.4p two weeks ago on the back of heightened tensions between Russia and Ukraine, where a large chunk of its o
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreFX and Ukraine a concern for EM-focused ITE Group
28th Mar 2014 07:16
- LFL sales up 10 per cent, but down after FX - Profits at record high in H1 - Ukraine sales affected by crisis ITE Group, the emerging markets-focused trade exhibitions and conferences organiser, said that revenue growth has been held back by adverse currency movements. While the company said it
Read moreWednesday broker round-up UPDATE
26th Mar 2014 08:51
Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene
Read moreFTSE 250 movers: 888 rises on strong full-year results
25th Mar 2014 14:58
Online gaming group 888 rose on the back of a strong performance and a highly cash generative year, which prompted the proposal of an extra one-off dividend of 7.0 cents per share on top of a final dividend of 4.0 cents. In a record year for revenue, which rose 7% to $401m, the Gibraltar-headquart
Read moreITE Group Executive Director to step down
25th Mar 2014 12:52
Conference and exhibition organiser ITE Group on Tuesday said that Executive Director, Edward Strachan, will step down from the board at the end of March. In a brief statement, the group said he will continue in his existing management role as Regional Director for ITE's Central Asian offices. NR
Read moreFTSE 250 movers: Henderson Group, ITE Group
18th Mar 2014 13:21
Asset manager Henderson Group gained as investors returned to trading after Russia recognised Crimea as a sovereign state. President Vladimir Putin and the leaders of Crimea have signed a bill to absorb the peninsula into Russia. In a speech today, Putin said Russia would work to rebuild its ties
Read moreFTSE 250 movers: Shaftesbury leads gains, African Barrick digs lower
7th Mar 2014 13:48
Shaftesbury rose strongly after it yesterday placed 25.25m shares at 620p each raising a total of 156.6m pounds. The group is using the proceeds to fund a property purchase and ongoing redevelopment schemes. esure Group was also a strong riser, driven by readacross from fellow insurer Aviva, which
Read moreLondon close: Crisis in Ukraine ensures poor finish for stocks
3rd Mar 2014 16:52
- FTSE ends 101 points lower at 6,708 - Ukraine crisis hits markets across globe - Chinese data weighs heavy - UK, US, Eurozone PMI readings all rise techMARK 2,852.19 -1.81% FTSE 100 6,708.35 -1.49% FTSE 250 16,374.84 -2.10% It was a bad start to the week for UK stocks, which plunged on the back
Read moreFTSE 250 movers: ITE dives on double downgrade
3rd Mar 2014 15:11
ITE Group was the day's biggest faller on the FTSE 250 after both Canaccord Genuity and Westhouse Securities cut their ratings on the stock, to 'hold' from 'buy' and to 'neutral' from 'add', respectively. Engineering specialist Keller was also lower after cautioning that most of its European marke
Read moreBroker tips: GKN, ITE Group, Kazakhmys, Dunelm
3rd Mar 2014 13:06
UBS has downgraded its rating for aerospace, automotive and land systems engineer GKN from 'buy' to 'neutral' after cutting its forecasts due to foreign exchange headwinds. Following GKN's 2013 results released last week, UBS has cut its earnings per share forecasts for 2014 and 2015 by 10% and 13%
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
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