ShareCast News


FTSE 250 movers: CSR soars to 12 month high

Tue, 17th Jul 2012 15:57


Wireless technology and computer chip company CSR powered to a 52-week high as it announced the sale of its handset connectivity technology business to Korean technology giant Samsung, paving the way for the return of a pile of cash to shareholders. CSR plans to return up to $285m to shareholders after sealing a deal with Samsung which will see the transfer to the Korean firm of CSR's phone handset operations for a consideration of $310m in cash. ??

BTG, the specialist healthcare company, rose after increasing its revenue estimate for the year ended March 31st 2013 after receiving a final royalty payment from Pfizer in relation to the BeneFIX product. ??European IT services provider

Computacenter was in demand after saying it continues to trade in line with company expectations and the outlook for the full year to December 31st remains intact.

Shares in Essar Energy, the India-focused integrated energy company, fell more than two per cent on Tuesday after the Supreme Court of India ordered it to pay 182m dollars to the government of Gujarat by July 30th in relation to its deferred sales tax liability.



FTSE 250 - Risers

CSR (CSR) 291.60p +33.58%

Salamander Energy (SMDR) 195.50p +3.66%

Computacenter (CCC) 321.00p +3.12%

Premier Oil (PMO) 372.90p +3.07%

Cranswick (CWK) 835.00p +2.20%

Genus (GNS) 1,338.00p +2.14%

Bumi (BUMI) 311.40p +1.83%

Menzies(John) (MNZS) 622.50p +1.72%

Marston's (MARS) 107.90p +1.70%

International Personal Finance (IPF) 252.00p +1.41%

FTSE 250 - Fallers

Home Retail Group (HOME) 75.40p -6.22%

Perform Group (PER) 380.10p -6.15%

Drax Group (DRX) 542.00p -5.41%

Spirent Communications (SPT) 155.80p -5.00%

Ocado Group (OCDO) 69.00p -4.23%

Morgan Crucible Co (MGCR) 268.50p -4.00%

Petra Diamonds Ltd.(DI) (PDL) 123.40p -3.74%

Avocet Mining (AVM) 67.70p -3.63%

Talvivaara Mining Company (TALV) 131.60p -3.38%

Ruspetro (RPO) 128.70p -3.38%

NR


Related Shares: Computacenter (CCC), CSR (CSR).



Back to ShareCast News


Sign up for Live Prices


Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.