FTSE 250 movers: Aveva rockets on Schneider takeover, oil stocks lower
20th Jul 2015 14:05
(ShareCast News) - Mid-caps inched higher on Monday as a raft of positive broker sentiment offset tumbling oil and metal prices. As of 14:30 BST, the FTSE 250 was trading 0.32% higher at 17,814. Shares in Aveva were up by more than a quarter after engineering design firm Schneider Electric said it
Read moreFTSE 250 movers: Bwin boosted by 888 holdings acquisition, miners lower
17th Jul 2015 15:38
(ShareCast News) - Mid-caps were subdued on Friday as strong performances from telecoms, financials and insurers were offset by losses in the transport, mining and retail sectors. As of 16:00 BST, the FTSE 250 was trading flat at 17,743. Aldermore Group topped the risers on news that the Bank of En
Read moreFTSE 250 movers: Mitchells & Butlers hit by double downgrade, miners lower
16th Jul 2015 14:48
(ShareCast News) - Mid-caps edged higher on Thursday, as an expected interest rate hike from the federal reserve was tempered by strength in the construction, automobile and banking sectors. As of 15:30 BST, the FTSE 250 was trading 0.7% higher at 17,759. Pub group Mitchells & Butlers topped the fa
Read morePremier Oil secures two blocks in Gulf of Mexico with JV partners
16th Jul 2015 08:57
(ShareCast News) - Premier Oil and its joint venture partners Talos Energy and Sierra Oil & Gas have been awarded two blocks as part of Mexico's Round 1 shallow water licensing round. The company said that Blocks 2 and 7, which it was awarded, contain numerous leads in established and emerging plays
Read morePremier Oil rallies on Jefferies upgrade to 'buy'
10th Jul 2015 09:00
Premier Oil rallied after Jefferies upgraded the stock to 'buy' from 'hold' and raised the price target to 185p from 170p, on the basis of "continued operational delivery in 2H15". It said Premier's trading update, while maintaining existing full-year 2015 production guidance of 55,000 barrels of oi
Read morePremier Oil reduces operating costs as sales drop by more than 30%
9th Jul 2015 09:03
Premier Oil has slashed operating costs after posting a 34% dip in revenue against the same period last year. The FTSE 250 listed stock expected total revenues for the first six months of 2015 to be $580m, well below 2014's first half figure of $885m. The company said a drop in figures reflected lo
Read moreFTSE 250 movers: Auto Trader Group surges on broker intitiation, energy stocks lower
3rd Jul 2015 13:35
Mid-caps edged lower on Friday, with weakness in the oil, mining and telecommunications sectors providing a drag on the market. As of 15:15 BST, the FTSE 250 was trading 0.4% lower at 17,595. Auto Trader Group led the risers as Exane BNP Paribas initiated coverage with an 'outperform' rating, citing
Read moreSector movers: Telcos, natural resources stocks lead London market lower
3rd Jul 2015 10:46
Telecommunications and natural resources stocks led the London market lower on Friday, ahead of the Greek bailout referendum on Sunday. The blue chip FTSE 100 closed down 0.67% or 44.69 points at 6585.78 as the sell-off in mining stocks continued with base metals prices sliding yet again after a bri
Read moreFTSE 250 movers: Serco gains as profit beats expectations, Premier Oil slips on weak oil prices
1st Jul 2015 13:06
Mid-caps gained on Wednesday, championed by strong performances in the construction, telecommunications and property sectors. As of 15:00 BST, the FTSE 250 was trading 1.2% higher at 17,740. Outsourcer Serco topped the risers, after first-half profits came in better than expected, although manageme
Read moreArgentine judge orders seizure of assets of companies operating in the Falklands
28th Jun 2015 10:13
A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration. The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and
Read moreFTSE 250 movers: FirstGroup surges on higher profits, oil stocks higher
10th Jun 2015 13:26
Mid-caps inched higher on Wednesday, led by gains across mining, oil and transport stocks. As of 15:30 BST, the FTSE 250 was trading 0.7% higher at 17,966. Transport operator FirstGroup saw annual profits rise in 2014, as its improvement plan delivered higher margins in its US and UK bus divisions.
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 moreFTSE 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 moreSector movers: Oil and gas stocks rise, as big tobacco, REITs trade lower
2nd Jun 2015 13:32
The benchmark FTSE 100 continued to lurk below the 7,000 level on Tuesday, as big tobacco and Real Estate Investment Trusts traded lower in London. At 1610 BST, the blue chip index was broadly flat at 6953.36 down a mere 0.22 points, as a class-action lawsuit in Canada ruled that British American To
Read morePremier Oil rises 3.3% after taking full ownership of Solan field
2nd Jun 2015 07:25
Shares in oil and gas exploration company Premier Oil rose 3.3% on Tuesday after the company said it will consolidate production at the Solan field, West of Shetland, after taking full ownership of the project by acquiring the 40% stake it did not already own. Premier has acquired Chyrsaor's intere
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