FTSE 250 movers: Oil companies and oilfield services on the slide
19th Oct 2015 14:52
(ShareCast News) - The FTSE 250 crawled back into positive territory on Monday afternoon after the UK mid-cap lost momentum from its early spike. By 1550 BST the index was up 0.12% at 16,913.29, helped along by the steady climbing of Pace despite the set-top box maker's £1.4bn proposed merger with U
Read moreNMC Health's non-executive director steps down
12th Oct 2015 15:02
(ShareCast News) - Heather Lawrence is set to step down from the non-executive board of NMC Health after three years as director. The FTSE 250 group said that Lawrence, who first joined the company's non-executive board in March 2012 before being nominated to the audit committee in 2013, will leave
Read moreAl Noor Hospitals confirms approach from NMC Health
9th Oct 2015 14:21
(ShareCast News) - Al Noor Hospitals confirmed that it has received an approach from NMC Health regarding a possible offer. NMC Health also put out a statement on Friday and confirmed it has approached the board of Al Noor about a possible cash and share offer. NMC said: "The financial rationale an
Read moreNMC Health completes ProVita deal
25th Aug 2015 11:15
(ShareCast News) - Healthcare operator NMC Health has completed the acquisition of long-term medical care ProVita International Medical Center. The FTSE 250 company had first announced the deal for the UAE-based group on 15 June, but the transaction remained subject to shareholders and regulatory ap
Read moreNMC opens new hospital in UAE
24th Aug 2015 16:23
(ShareCast News) - Healthcare operator NMC Health has opened a new facility in Abu Dhabi. The FTSE 250 said its new "super speciality hospital", the NMC Royal Hospital, will open for initial outpatient services on 1 September, with inpatient services expected to commence before the end of the year.
Read moreFTSE 250 movers: National Express higher on German hopes, Crest Nicholson hit by downgarde
16th Jun 2015 13:00
Mid-caps fared better than the blue chips on Tuesday, as losses from the industrial metals, telecommunications and oil sectors were offset by strong performances from pharmaceutical, property and utility stocks. As of 15:00 BST, the FTSE 250 was trading flat at 17,726. National Express gained, afte
Read moreFTSE 250 movers: Aveva higher on bid speculation, Tullet Prebon hit by downgrade
15th Jun 2015 13:30
Mid-caps were firmly in the red on Monday afternoon, with every sector registering losses, as debt talks between Greece and its creditors came to an abrupt finish. As of 14:30, the FTSE 250 was trading 1.18% lower at 17,738. Aveva was trading higher on reports the software developer has hired banke
Read moreLondon midday: Easyjet, StanChart lead UK stocks lower as Greek fears increase
15th Jun 2015 11:34
UK stocks dropped sharply on Monday, with the FTSE 100 on track for its lowest finish in three months, as debt talks between Greece and its creditors collapsed abruptly. The FTSE 100 was trading 0.74% lower at 6,734.97 by midday, with Easyjet and Standard Chartered providing a drag. The index has no
Read moreBroker tips: Easyjet, NMC Health, Diageo
15th Jun 2015 11:13
Shares in budget airline easyJet fell on Monday after RBC Capital Markets downgraded the stock to 'underperform' from 'outperform' and cut its price target to 1,500p from 2,000p, noting that its positive outlook for summer has proved incorrect. It said that easyJet's outlook metrics suggest a summer
Read moreInvestec hails NMC Health's "strategic ambition" after ProVita deal
15th Jun 2015 10:00
Investec said it expects to hike its target price for NMC Health after the United Arab Emirates healthcare chain snapped up long-term medical care centre ProVita. NMC is paying out $160.6m for ProVita, which focuses on chronic ventilator-dependent patients who require regular medical, nursing and re
Read moreLondon open: FTSE 100 nears three-month low as Greek talks collapse
15th Jun 2015 08:44
A collapse in Greek debt talks hit UK stocks on Monday morning, putting the FTSE 100 on track for its lowest finish in three months. The FTSE 100 was trading 0.69% lower at 6,738.21 early on; it has not closed below this level since 11 March when it settled at 6,721.51. Markets across Europe were f
Read moreLondon pre-open: FTSE to continue lower amid growing Greece concerns
15th Jun 2015 07:40
London-listed stocks are expected to extend Friday's losses as concerns about the future of Greece's economy weigh heavily on sentiment. City sources predict the FTSE 100 will open around 30 points lower than Friday's close of 6,784.92. "It should be a very interesting week in the financial markets
Read moreNMC Health acquires ProVita
15th Jun 2015 07:09
NMC Health has acquired long-term medical care provider ProVita for $160.6m in cash, the company announced on Monday. ProVita, which provides care in the United Arab Emirates, operates 90 long term care beds in Abu Dhabi and Al Ain. NMC said it expected 30 more beds to become operational in Abu Dh
Read moreLondon open: European bond yields keep rising, stocks down
4th Jun 2015 08:48
Stocks began the morning moving lower amid mixed reports regarding the progress made at a meeting between Greek Prime Minister Alexis Tsipras and the head of the European Commission, Jean Claude Juncker. As of 08:55 the FTSE 100 was lower by 87.36 points to 6,863.10. A large drop in Chinese stocks
Read moreLondon pre-open: Stocks to slide lower amid concerns over bonds, market volatility, Greece
4th Jun 2015 07:21
Blue chips are headed for a drop early on in Thursday's session, reversing the gains seen on Wednesday as concern about the bond market and predictions from the European Central Bank (ECB) that market volatility will persist weigh on investor sentiment. City sources predict the FTSE 100 will open ar
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