ShareCast News for Cobham (COB)
Wed, 8th Aug 2012 15:53
Greene King was a big faller after going ex-dividend, meaning investors no longer have the right to the group's latest dividend.
Recent updates from Aquarius Platinum have been increasingly gloomy about the difficulties of operating in South Africa so it was no surprise when the platinum miner announced it had fallen into the red. Shares slipped 1.25%.
Defence technology group Cobham fell despite reporting robust growth in its core businesses in the first half, although it did say that it is approaching 2013 'with caution', particularly as its order intake slipped by over a fifth. Nevertheless, the firm hiked its interim dividend per share by 33% from 1.8p to 2.4p.
Heritage Oil was in the top position after UBS upped its target price on the stock from 190p to 250p and retained its buy rating.
FTSE 250 - Risers
Heritage Oil (HOIL) 183.00p +22.98%
BBA Aviation (BBA) 184.70p +3.76%
Stobart Group Ltd. (STOB) 121.70p +2.27%
JD Sports Fashion (JD.) 684.50p +2.01%
Melrose (MRO) 233.70p +1.83%
Hansteen Holdings (HSTN) 74.50p +1.78%
BH Global Ltd. USD Shares (BHGU) 11.5 +1.77%
Cable & Wireless Communications (CWC) 32.63p +1.75%
Shanks Group (SKS) 80.30p +1.65%
Computacenter (CCC) 375.80p +1.57%
FTSE 250 - Fallers
Greene King (GNK) 565.00p -5.60%
Cobham (COB) 225.60p -5.41%
Cairn Energy (CNE) 294.30p -4.88%
Talvivaara Mining Company (TALV) 146.80p -4.80%
Bwin.party Digital Entertainment (BPTY) 92.95p -4.27%
Petra Diamonds Ltd.(DI) (PDL) 109.90p -4.10%
Homeserve (HSV) 217.90p -3.24%
Marston's (MARS) 108.90p -3.20%
International Personal Finance (IPF) 295.00p -3.12%
Bumi (BUMI) 368.30p -3.08%
NR
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating.
[Yesterday 08:32]City sources predict the FTSE 100 will open up two points from yesterday's close of 6,694, rising modestly after stronger gains in the US overnight.
[Thu 07:30]Defence technology company Cobham has been awarded an extension of its current B717 QantasLink contract through to 2018.
[Thu 07:03]City sources predict the FTSE 100 will open up seven points from yesterday's close of 6,593, and as such largely ignoring declines seen in the US last night ahead of today's balance of trade reading.
[10 May '13]Defence technology group Cobham has acquired Axell Wireless, a privately-owned supplier of wireless communications for commercial and public safety markets.
[10 May '13]Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation.
[9 May '13]A round-up of the biggest director deals today so far.
[30 Apr '13]Defence technology group Cobham confirmed trading remained on track with strong cash conversion in the first quarter.
[25 Apr '13]