FTSE 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: 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 moreFTSE 250 movers: Keller hit by delays and weak US market, property stocks surge
14th May 2015 12:57
UK stocks rebounded from early losses by mid-afternoon, but recovery remained capped by concerns of Greek instability. Sector-wise, miners and computer services provided the biggest drag, while property stocks and insurers provided a welcome boost. At 2:30 BST, the FTSE 250 was trading 50 points hig
Read moreRestaurant Group posts rise in sales with portfolio expansion plans on track
14th May 2015 10:01
The Restaurant Group, owner and operator of Garfunkel's, Frankie & Benny's and Chiquito brands, has posted an 8.5% rise in headline sales for the 19 weeks to 10 May. In a trading update on Thursday, the company also posted a like-for-like sales hike of 2% on an annualised basis for the stated period
Read moreRestaurant Group profit rises on new openings
27th Feb 2015 08:50
Restaurant and pub operator Restaurant Group saw annual profit rise, as new restaurant openings drove an increase in revenue. The group, which owns restaurant chains Frankie & Benny's, Chiquito, Coast to Coast and Garfunkel's, said profit in 2014 rose 7.4% to £78.1m, driven by a 10% increase in reve
Read moreLondon midday: Weak UK production data dampens stocks ahead of US jobs report
9th Jan 2015 11:35
Disappointing UK economic data and nervousness ahead of a key labour-market report in the States sent London's FTSE 100 lower on Friday morning, as stocks pulled back after a surge the previous session. By around lunchtime, the Footsie was trading nearly 0.7% lower at 6,527 with weakness among super
Read moreLondon open: Markets slip ahead of US data, supermarkets and housebuilders fall
9th Jan 2015 09:06
UK stocks endured a subdued start on Friday morning following a huge jump the previous session as markets paused for breath ahead of the pivotal US jobs report. The FTSE 100 was down 0.2% at 6,554 early on, with supermarket stocks pulling back after a strong rally and housebuilders hit by some negat
Read moreThe Restaurant Group serves up growth as ordered
9th Jan 2015 07:56
The Restaurant Group, the owner of Frankie & Benny's, Garfunkel's and Chiquito eateries, said tasty like-for-like sales over the Christmas period have ensured that full year results will meet the market's forecasts for 'material growth'. The company, which sites many of its outlets close to cinema m
Read moreMonday broker round-up UPDATE
17th Nov 2014 10:32
African Barrick Gold: Investec reduces target price from 262p to 170p and downgrades to sell. Associated British Foods: Liberum initiates with a target price of 3470p and a buy recommendation. Bodycote: Investec lowers target price from 750p to 745p and maintains its buy recommendation. Centamin:
Read moreFriday broker round-up:
14th Nov 2014 19:34
TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy
Read moreLondon close: Stocks end marginally higher after Eurozone data
14th Nov 2014 16:40
UK stocks ended the final session of the week with modest gains, but struggled against weakness among the mining and energy sectors. The FTSE ended the week at 6,648.13, a gain of 12.68 points on the day and 80.89 on the week. "A combination of mining and energy company weakness has seen the FTSE s
Read moreThursday broker round-up UPDATE
6th Nov 2014 10:01
Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ
Read moreCarpetright gets new chairman as founder Harris steps down after 57 years
21st Oct 2014 08:19
Carpet retailer Carpetright has appointed the chairman of pub group Mitchells & Butlers as its new chairman to replace group founder Philip Harris. Carpetright said Bob Ivell would become its non-executive chairman from 1 November. Harris said he would step down from the board on 31 October. Ivell
Read moreThursday broker round-up UPDATE
16th Oct 2014 08:57
Afren: Investec cuts target price from 195p to 120p and reiterates its hold recommendation. Amerisur Resources: Investec lowers target price from 75p to 65p and maintains a buy recommendation. Antofagasta: UBS upgrades from sell to neutral with a target price of 710p. ARM Holdings: Credit Suisse r
Read moreFTSE 250 movers: African Barrick Gold leads upside
10th Sep 2014 15:48
A rise in gold futures helped lift African Barrick Gold. N+1 Singer gave Genus a lift to 'buy' from 'hold' and increased its target price from 1,000p to 1,287p. Greene King was knocked lower by Numis which lowered its rating on the stock from 'buy' to 'add'. Restaurant Group was also in the red af
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