FTSE 250 movers: AO World plunges, oil and energy stocks higher
2nd Jun 2015 14:01
Mid caps outperformed the FTSE 100 on Tuesday, as miners, engineers and telecommunications offset weakness in real estate and utilities stocks. As of 15:30 BST, the FTSE 250 was trading 0.06% higher at 18,231.5. AO World plunged as the online white goods retailer's final results revealed a £2.9m lo
Read moreKAZ Minerals says new project in Kazakhstan will produce "limited" copper in 2015
1st Jun 2015 11:02
Kaz Minerals said on Monday it remains on track to start commissioning its Bozshakol project in the fourth quarter of the year, but with "limited" initial copper production in 2015. The company is expected to visit the copper project in Kazakhstan on 2 June. Furthermore, its Aktogay project in the
Read moreMonday broker round-up
1st Jun 2015 09:48
Lamprell: Citi reiterates neutral recommendation and raises target to 155p. British Land: JP Morgan ups target to 970p from 950p and stays at overweight. Derwent London: JP Morgan raises target to 3,900p from 3,800p but keeps at overweight. Great Portland Estates: JP Morgan lifts target to 920p fr
Read moreFTSE 250 movers: JustEat surges on Munlog offer, miners higher
22nd May 2015 13:15
UK stocks were retained gains on Friday, buoyed by higher commodity prices and data revealing the US remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. As of 15:30 BST, the FTSE 250 was trading 68 po
Read moreSector movers: Miners weigh on FTSE, real estate continues to rally
19th May 2015 17:27
Industrial metals and mining provided the biggest drag on the FTSE on Tuesday, with giants BHP Billiton and Rio Tinto registering some of the biggest losses. BHP Billiton, by the far the UK's biggest miner, extended Monday's decline, which was driven by the disappointing Australian debut of its spin
Read moreFTSE 250 movers: Big Yellow surges on rising profits, miners lower
19th May 2015 13:15
UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:30GMT, the FTSE 250 was trading 134 points higher
Read moreFTSE 250 movers: Indivior surges on schizophrenia drug success, insurers lower
5th May 2015 13:22
Indivior topped the risers despite pre-tax profit dipping in the first quarter, as its RBP-7000 schizophrenia drug met the primary and secondary endpoints in its phase 3 trial. Just Eat was making gains as it unveiled strong first quarter results, where like-for-like orders grew 47%. Miners includ
Read moreKaz Minerals on track to meet production guidance despite drop in quarterly sales
30th Apr 2015 10:22
Copper miner KAZ Minerals said it was on track to meet its production guidance for the year, despite a decline in first-quarter sales. In the first three months of 2015, the FTSE 250 group reported a 9.9% decline year-on-year in production to 19.1 kilotonnes of copper cathode, which represented a 20
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: Petrofac hit by gas plant losses, Victrex lifted by upgrade
20th Apr 2015 13:51
Oilfield services outfit Petrofac dropped after saying it expects to recognise a further loss of $195m in 2015 for the Laggan-Tormore gas plant project on Shetland. The company, which had already recognised a $230m loss on the project in 2014, told investors earlier this year that it did not foresee
Read moreSector movers: Greek concerns and heightened UK political risk dent market confidence
17th Apr 2015 14:32
Persistent concerns over Greece defaulting on its sovereign debt obligations and heightened UK political risk dented market confidence as the FTSE 100 slipped below the 7,000 mark and firmly into the red. At 15:14 BST on Friday, the blue chip index was trading down 1.02%, or 71.83 points, at 6,988.6
Read moreFTSE 250 movers: Tullow Oil surges on upgrade, Poundland higher on strong annual sales
14th Apr 2015 14:05
Tullow Oil's topped the risers after Citigroup raised its rating on the stock from 'neutral' to 'buy', saying that the oil group's portfolio quality was "undervalued" by the market. Poundland was making gains after a trading update showed the discount retailer had topped a billion pounds of annual s
Read moreFTSE 250 movers: Mitie dips on profit warning, Serco higher on railway sale
31st Mar 2015 13:22
Outsourcing services group Mitie fell after warning that it expects full-year profits to be pushed slightly lower than forecast by margin pressures in the homecare and social housing businesses. Petrofac was in the red following a downgrade from Canaccord Genuity who dropped their rating from 'buy'
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: IPF higher on upgrade, oil stocks and miners lower
24th Mar 2015 14:15
Shares in International Personal Finance shot up after Berenberg Bank upgraded its rating on the stock to 'buy' from 'hold'. "While FX and regulatory fears are weighing on the shares, IPF is exposed to significant long-term growth opportunities," said Berenberg. Hospital group Spire Healthcare saw i
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