FTSE 250 movers: Ocado surges on back of positive broker notes
17th Sep 2015 14:19
(ShareCast News) - The FTSE 250 index was down 20.12 points, or 0.12%, to 17,041.85 mid-trading Thursday afternoon. Leading the risers was online grocery delivery company Ocado Group, which surged today on the back of positive notes from Morgan Stanley and Deutsche Bank. Vehicle hire group North
Read morePremier Farnell half-year profits down 13.7%; warns on full year
17th Sep 2015 07:13
(ShareCast News) - Technology product distributor Premier Farnell reported a 13.7% fall in interim pre-tax profits to £30.6m as it warned that slowing momentum would mean the company's second half operating profits coming in at lower than forecasts. The company said full year adjusted operating prof
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 morePremier Farnell shares gain as CEO steps down
14th Aug 2015 11:35
(ShareCast News) - Shares in electronics distributor Premier Farnell jumped as it said chief executive officer Laurence Bain will step down with immediate effect. Chairman Val Gooding said: "Laurence has been a director of the company since 2003 and chief xecutive for the last three years. During hi
Read morePremier Farnell shares tumble after profit warning
29th Jul 2015 09:29
(ShareCast News) - Tech distributor Premier Farnell's shares tumbled after it said first half profit was likely to be 10% lower compared with the same period last year. At 0834 BST shares in the FTSE 250 company were down by 8.87% to 150.15p, making it one of the biggest losers in early morning trad
Read moreCredit Suisse cuts Premier Farnell to 'neutral'
15th Jul 2015 12:28
(ShareCast News) - Credit Suisse downgraded Premier Farnell to 'neutral' from 'outperform' and cut its price target to 175p from 210p. "Although we have previously argued the relative merits of Premier's investment case over that of key peer Electrocomponents, recent deteriorating trends in the gros
Read moreLondon close: Late rally helps UK stocks bounce off five-month low as US markets jump
18th Jun 2015 17:01
After an earlier fall, UK stock markets rallied into the afternoon, snapping a four-day losing streak and bouncing off a five-month low as a strong start on Wall Street outweighed ongoing concerns about Greece. The FTSE 100, which dipped to a low of 6,625.16 in morning trade, finished 27.33 points h
Read moreLondon midday: Stocks pare losses after retail sales, but Greece still a concern
18th Jun 2015 11:19
An unexpected rise in UK retail sales helped to limit downside on London's stock market on Thursday, though ongoing concerns about Greece ensured that shares stayed at a five-month low. The FTSE 100, which fell to its lowest since January on Wednesday, was down 0.11% a 6,673.18 by midday. Neverthel
Read moreLondon open: Stocks fall for fifth day ahead of Eurogroup meeting on Greece
18th Jun 2015 09:06
Decent gains in the mining sector weren't enough to lift UK stocks on Thursday morning, with markets extending a five-month low on concerns over Greece. The FTSE 100, which fell to its lowest since January on Wednesday, was down a further 0.11% at 6,672.96 early on, marking the fifth consecutive ses
Read moreLondon pre-open: FTSE to extend losses as Greek talks drag on
18th Jun 2015 07:54
UK stocks were set to fall for the fifth straight day on Thursday as investors continue to digest developments in Greece and comments from the Federal Reserve overnight. City sources predict the FTSE 100, which closed at a five-month low of 6,680.55 on Wednesday, will open around 21 points lower. A
Read morePremier Farnell lifts sales but gross profit down
18th Jun 2015 07:06
Technology products and solutions firm Premier Farnell raised group sales by 5.4% over the first quarter as it looks to cut expenses to improve operating profit. Premier Farnell said sales growth was underpinned by strong sales in its element14 platform - an online community for design engineers.
Read moreFTSE 250 movers: Betfair hit by downgrade, oil and energy stocks higher
5th Jun 2015 12:58
Mid-caps were under pressure on Friday, following news that OPEC would not curb oil production and that Greece had opted to defer payment on €300m owed to the International Monetary Fund until Friday. Sector-wise gains made by oil, energy and mining stock were eradicated by weakness in telecommunica
Read moreThursday broker round-up
26th Mar 2015 17:39
Reckitt Benckiser: JP Morgan ups target price to 2,750p from 2,400p, reiterates underweight. Premier Farnell: UBS hikes target to 190p from 165p, reiterates neutral. Serco Group: Credit Suisse lowers target to 171p from 208p, reiterates neutral. Land Securities: Morgan Stanley ups target to 1,470p
Read moreLondon close: Stocks higher as focus shifts towards Greece
19th Mar 2015 17:30
UK equities registered slight gains as traders digested the policy announcement issued by the US Federal Reserve overnight and despite the renewed tensions evident in Greek funding markets. The Footsie ended the day 17 points higher at 6,962.32, with some effects from Wednesday's Budget from Chancel
Read moreLondon midday: FTSE crawling higher as Fed and Budget digested
19th Mar 2015 11:48
Come midday on Thursday, stocks were registering slight gains as traders digested the policy announcement issued by the US Federal Reserve overnight, but volatility was still evident in other asset classes such as foreign exchange and commodities. At 12.25 the top flight index was 5.8 points higher
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