FTSE 250 movers: Serco and Petra lift mid-caps
2nd Nov 2015 14:50
(ShareCast News) - Recovering from an initial lurch lower, the FTSE 250 index scrambled higher over the course of Monday's session, helped by optimism in some mining investors. Serco was top riser among London's mid-caps, however, as the outsourcing group was boosted by RBC Capital Markets upgrading
Read morePets At Home on track to meet full-year expectations
30th Oct 2015 08:09
(ShareCast News) - Pet products and services retailer Pets at Home Group said its trading was in line with annual expectations, as it reported an increase in first half sales. In the seven months to 8 October, the FTSE 250 group said like-for-like sales grew 1.8% year-on-year, driven by solid perfor
Read morePets at Home slumps as sales growth misses expectations
29th Jul 2015 10:19
(ShareCast News) - Shares in Pets at Home fell sharply after the company's first-quarter sales growth missed expectations. Total revenue rose 6.4% to £224.2m in the 16-week period from 27 March to 16,July with like-for-like revenue growth of 1.7%, falling short of analysts' expectations for around 3
Read moreSunday share tips: Sky, Pets at Home
26th Jul 2015 16:27
(ShareCast News) - The Sky is not falling, not yet at least. Household incomes speeding ahead at their fastest clip since 2001 have allowed Sky chief Jeremy Darroch to rise up to the challenge of seeing off competition from BT even while offering further enticements to prospective new subscribers. A
Read moreFTSE 250 movers: Vedanta surges on takeover hints, Pets at Home lower on stake cut
9th Jun 2015 13:17
Mid caps were trading in the red on Tuesday, as construction, insurance and technology stocks put in weak performances. As of 15:00 BST, the FTSE 250 was trading 0.2% lower at 17,842.09. Vedanta Resources topped the risers as the company's response to media speculation that it could merge its subsi
Read moreTuesday newspaper round-up: HSBC, Supermarkets, Pets at Home
9th Jun 2015 07:01
HSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday si
Read morePets at Home full-year profit surges
4th Jun 2015 07:58
Pet retailer and animal care company Pets at Home posted a surge in 2015 pre-tax profit to £87m from £22.5m last year as its business grows in popularity, and boosted by the lack of exceptional costs it booked last year. Revenue rose 9.6% to £729.1m from £665.4m, with an 8.3% increase in merchandise
Read moreFTSE 250 movers: IPF surges after dodging fine, property stocks higher
21st Apr 2015 13:46
International Personal Finance (IPF) was boosted as the home-credit group escaped a fine from Poland's consumer protection authority. After an investigation into fee structures, the Polish Office of Consumer Protection and Competition agreed to waive the fine if IPF's Provident Polska implement a ne
Read morePets at Home reports strong annual growth
21st Apr 2015 08:01
Pet food and pet products retailer Pets at Home Group has seen annual like-for-like sales jump 4.2% in its first year since floating on the stock exchange. The FTSE 250 group said strong performance in advanced nutrition, health and hygiene and its VIP Club loyalty scheme drove total revenue up 9.6%
Read morePets at Home unveils £260m credit facility
15th Apr 2015 08:54
Pets at Home Group, a retailer of pet-related products and services, announced on Wednesday a five-year £260m revolving credit facility. The credit line replaces a previous £325m of drawn facilities and is expected to reduce its net financing expense by £2.7m per annum. The difference between the t
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreFTSE 250 movers: Pets at Home jumps after Q1 results
30th Jul 2014 15:55
Like-for-like sales accelerated at retailer Pets at Home in the first quarter, sending the company's shares scampering higher even though the result was against weak figures the prior year. The like-for-like increase of 4.1% was an improvement on the final quarter of the previous year and well ahead
Read moreLondon midday: UK stocks flat ahead of US data, Fed decision
30th Jul 2014 11:42
- Corporate earnings receive mixed market reaction - Barclays, Travis Perkins and Astra rise - Antofagasta, ITV and Compass fall - US data, Fed decision in focus later on techMARK 2,783.73 +0.05% FTSE 100 6,803.99 -0.06% FTSE 250 15,675.20 -0.08% The FTSE 100 was trading broadly flat on Wednesday,
Read morePets at Home like-for-likes scamper higher
30th Jul 2014 11:02
- Q1 LFL sales up 4.1% - VIP Club membership up 20% - 10 new stores opened Like-for-like sales accelerated at retailer Pets at Home in the first quarter, sending the company's shares scampering higher even though the result was against weak figures the prior year. The like-for-like increase of 4.1
Read moreTuesday broker round-up UPDATE
22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read more