FTSE 250 movers: Imagination Technologies surges on takeover speculation, oil stocks lower
1st Jun 2015 14:11
Mid-caps were outperforming the blue chip index on Monday afternoon, buoyed by strength in the real estate, travel and electronics sectors. As of 16:00 BST, the FTSE 250 was trading 0.38% higher at 18,224.3. Imagination Technologies led the risers after analysts at Liberum tipped it as a possible t
Read morePremier, Rockhopper and Falkland gain on Isobel Deep oil discovery
28th May 2015 07:46
Shares in Premier Oil, Rockhopper Exploration and Falkland Oil & Gas gained on Thursday after the companies announced an oil discovery at the Isobel Deep exploration well in the North Falkland Basin, approximately 30km south of the Sea Lion field. Falkland Oil & Gas and Rockhopper are partners in th
Read moreLondon close: Market recoups previous session's losses
27th May 2015 15:47
UK stocks closed higher on Wednesday, rebounding from heavy losses in the previous session, buoyed by strength in the construction, electricity and tobacco sectors. The FTSE 100 experienced few surprises and gained steadily throughout the day, closing 1.24% higher at 7,034.9. The index had plunged 1
Read moreSector movers: Construction, tobacco and insurance stocks lead London Market higher
27th May 2015 15:39
Construction, insurance, and tobacco shares led the London market back in to the green on Wednesday, despite the overhang of Greece's debt crisis lurking in the background. The FTSE 100 closed up 1.24% higher at 7,034.9 recouping losses from the previous session where it shed 1.2%. The Queen's speec
Read moreFTSE 250 movers: Synergy Health plunges on Steris takeover speculation, energy stocks lower
27th May 2015 12:34
UK stocks rebounded from the previous session's sell-off as gains made by tobacco, electronics and utilities outweighed weakness in mining and industrial metals. As of 14:00, the FTSE 250 was trading points 101.1 points higher at 18,200. Synergy Health topped the fallers, plummeting almost 17% on r
Read moreFTSE 100 movers: CRH surges on Holcim offer, Weir Group hit by downgrade
27th May 2015 12:33
UK stocks rebounded from the previous session's sell-off as gains made by tobacco, construction, electronics and utilities stocks outweighed weakness in mining and industrial metals. As of 13:45, the FTSE 100 was trading points 47.1 points higher at 6,996. Shares in building materials group CRH sur
Read moreFTSE 250 movers: Micro Focus surges on revenue guidance, oil stocks lower
26th May 2015 13:19
London markets were registering losses on Tuesday as weakness in industrial metals and pharmaceuticals outweighed solid performances from engineering and transport stocks. As of 15:30 BST, the FTSE 250 was trading 46.7 points lower at 18,146 points Software group Micro Focus gained after reiteratin
Read moreUK oil majors eyeing enhanced partnerships in Mexico, says Pemex official
19th May 2015 15:06
Blue chips BP, BG Group and Shell, along with midcap Premier Oil are eyeing further opportunities in Mexico as the country's drive to attract foreign direct investment and private sector participation in the oil and gas sector moves up a gear. A senior official from Pemex, the country's dominant nat
Read moreFTSE 250 movers: bwin rockets on m&a proposals, miners and oil stocks plunge
15th May 2015 12:30
The FTSE 250 closed higher on Friday, boosted by a calmer bond market and favourable British construction data, which offset weaker commodities market. Sector-wise, base metals and oil provided the biggest drag, while retail and real estate offered a welcomed boost. The index closed 85.65 points hig
Read moreThursday broker round-up
14th May 2015 14:30
ITV: Numis downgrades to add but nudges target to 290p from 275p, Investec reiterates hold and Credit Suisse reiterates outperform. SAB Miller: Credit Suisse reiterates underperform stance, Nomura reiterates neutral recommendation and Deutsche reiterates its call to hold. GlaxoSmithKline: UBS downg
Read moreFTSE 250 movers: Mitie hit by minimum wage dispute, Enterprise Inns higher on expansion plans
13th May 2015 13:16
UK stocks rebounded on Wednesday, driven by the Bank of England pushing back rate-hike predictions and a dip in unemployment. Sector-wise, property, energy and engineering stocks extended gains, while travel and utilities dipped. As of 03:30, the FTSE 250 was trading 193 points, or 1.09% higher at 1
Read morePremier Oil's exploration programme on track as firm cuts costs
13th May 2015 07:47
Premier Oil's exploration and drilling programme was on track as of 30 April and the firm continued to enjoy significant liquidity. In a trading statement covering the first four months of 2015 the outfit announced that production had averaged 60,200 barrels of oil equivalent per day (boepd), down f
Read moreFTSE 250 movers: Pace rockets after Arris offer, oil and energy stocks higher
23rd Apr 2015 13:31
Pace, the UK cable television set-top box maker, surged after agreeing to be taken over by US telecommunications equipment manufacturer Arris in a $2.1bn deal. Pace management have agreed that Arris will pay Pace shareholders 426.5p in cash and stock, a 28% premium to the closing price on Wednesday.
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 moreFTSE 250 movers: Oil stocks higher as Saudi Arabia boosts prices
7th Apr 2015 16:53
Oil stocks were in demand on Tuesday as traders played catch-up with gains in crude futures over the last few days. During the weekend Saudi Arabia increased its official price for Asian oil buyers, which markets interpreted as a sign of improving demand. The battered shares prices of energy and exp
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