FTSE 250 movers: Home Retail leads risers over possible bidding war
22nd Feb 2016 15:29
(ShareCast News) - The FTSE 250 was firmly in the black on Monday, up 124.90 points (0.77%) to 16,282.96 by mid-afternoon. Home Retail Group led the risers following media reports over the weekend that Sainsbury's could seek an extension to the Takeover Panel's 18 March deadline, after South African
Read moreZoopla puts £1m into 'proptech' sector
16th Feb 2016 08:01
(ShareCast News) - Zoopla was vying to remain front and centre of the property technology - 'proptech' - sector on Tuesday, announcing the investment of £1m into four startup firms, along with long-term partnerships with the businesses. The FTSE 250 real estate platform said the partnerships include
Read moreFriday broker round-up
5th Feb 2016 15:07
(ShareCast News) - Enterprise Inns: Barclays downgrades to underweight with a target of 80p. Thomas Cook: HSBC reiterates hold with a target price of 100p and JP Morgan keeps at overweight with a 170p target. Victrex: Deutsche Bank keeps at hold, 2000p target, UBS maintains neutral with a target
Read moreAndy Botha to move to Zoopla as CFO
1st Feb 2016 07:52
(ShareCast News) - Zoopla Property Group has appointed Andy Botha as chief financial officer. It comes after the FTSE 250 company announced in late January that current CFO Stephen Morana intended to leave. Botha joins the company on April 18, coming from notonthehighstreet.com where he has been Ch
Read moreMorana to step down as Zoopla CFO
21st Jan 2016 08:56
(ShareCast News) - Zoopla Property Group has announced chief financial officer Stephen Morana intends to leave the FTSE 250 company. In a statement on Thursday, the company said a succession plan is "well advanced" and it will announce his replacement in due course. He will continue in the role unt
Read moreFTSE 250 movers: Zoopla helps keep market marginally in the black
8th Jan 2016 15:11
(ShareCast News) - The FTSE 250 remained in the black by mid-afternoon, but only just with the market up 0.27 points (0.00%) to 16,792.49. Zoopla Property Group surged nearly 7% after Berenberg issued an analysis of the media sector and reiterated its 'buy' rating for the property classifieds websit
Read moreZoopla Property zigzags after solid final results
2nd Dec 2015 07:07
(ShareCast News) - Zoopla Property Group said it was continuing to fight back against increasing competition for its website, after losing more than a fifth of its estate agency partners to new rival OnTheMarket.com during the year. Revenue was confirmed at £107.6m in the year to 30 September were 3
Read moreFTSE 250 movers: Telecom Plus follows market trend, Drax falls on warning from chief executive
30th Nov 2015 14:19
(ShareCast News) - The FTSE 250 started the week on a high, rising to 17,367.86 points by mid-afternoon Monday, up 102.76 points (0.60%). Telecom Plus followed the lead of the market overall, with shares rising over 5% on the day. Last week the company announced that statutory pre-tax profit for the
Read moreCMA to probe cloud storage, price comparison sites and local councils
30th Nov 2015 11:51
(ShareCast News) - Probes into the cloud storage industry, price comparison websites and local government authorities will all be launched by the UK competition watchdog in coming few months, with the support of Chancellor George Osborne. An investigation has already begun into cloud storage, the Co
Read moreBroker tips: Britvic, Betfair, Zoopla
27th Nov 2015 15:52
(ShareCast News) - HSBC downgraded Britvic to 'hold' from 'buy' and slashed the price target to 700p from 860p. The bank said Britvic's strategy is sound. "The investment in the UK is required, Brazil should be a medium-term growth driver and we continue to see good growth potential from Fruit Sho
Read moreZoopla zooms back on Exane and Investec upgrades
27th Nov 2015 09:58
(ShareCast News) - Zoopla Property Group was upgraded by Exane and Investec on bullishness about the company's ability to maintain its position in the market for property websites. Exane moved to a 'neutral' rating from 'underperform', with a target price of 220p, while Investec raised its recommend
Read moreMonday broker round-up
26th Oct 2015 08:57
(ShareCast News) - Zoopla Property Group (wi): Berenberg Bank reiterates to buy, reduces target price to 300.00p. Northgate: Jefferies upgrades to buy, reduces target price to 530.00p. Brammer: Jefferies upgrades to buy, lowers target price to 260.00p. National Express Group: RBC Capital Markets u
Read moreFTSE 250 movers: SIG's outlook drives market down
22nd Oct 2015 13:37
(ShareCast News) - The FTSE plunged shortly after opening and by mid-afternoon sat at 16,936.86 points, down 99.82 (0.59%). SIG led the market down, dropping over 20% after it revealed it is expecting a fall in underlying pre-tax profit for the year due to challenging market conditions in mainland E
Read moreZoopla expects jump in full-year sales and profit
22nd Oct 2015 09:11
(ShareCast News) - Zoopla said it expects revenue and core earnings for the year to be ahead of last year as it continues to win back estate agents. The online property portal anticipates 2015 revenue and adjusted earnings before interest, taxes, depreciation and amortisation of around £107m and £48
Read moreFTSE 250 movers: Gold miners lifted as mid-caps trip on China's currency fiddling
12th Aug 2015 16:12
(ShareCast News) - The FTSE 250 tumbled in early trading and by the close of the session was down 1.3% at 17,438.09 points. There were a few stocks in positive territory, however, with a three-week haven-inspired high in gold prices helping gold-miners Centamin and Acacia Mining top the second-line
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