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FTSE 250 movers: Inmarsat rises on core business growth

Fri, 3rd Aug 2012 14:29


Second-quarter earnings at Inmarsat were down but the satellite operator was encouraged by progress in returning its core Global MSS business to growth, causing shares to soar into the top spot. ??

Rentokil Initial, the laundry and pest control conglomerate, also rose after saying its troubled courier division will turn a profit by the end of the year, while first-half profits across the whole business have risen dramatically.



FTSE 250 - Risers

Inmarsat (ISAT) 536.00p +10.68%

Rentokil Initial (RTO) 75.95p +6.00%

Ferrexpo (FXPO) 181.20p +5.59%

ITE Group (ITE) 200.00p +5.49%

Bumi (BUMI) 369.10p +5.46%

Cape (CIU) 191.70p +5.16%

Ashtead Group (AHT) 263.00p +5.07%

Tullett Prebon (TLPR) 282.30p +4.75%

Dixons Retail (DXNS) 16.01p +4.50%

Kenmare Resources (KMR) 37.66p +4.47%

FTSE 250 - Fallers

Bank of Georgia Holdings (BGEO) 1,156.00p -1.53%

Utilico Emerging Markets Ltd (DI) (UEM) 158.90p -1.30%

Brown (N.) Group (BWNG) 263.30p -1.16%

New World Resources A Shares (NWR) 292.80p -1.08%

Big Yellow Group (BYG) 311.40p -1.05%

Fidessa Group (FDSA) 1,418.00p -0.84%

Telecity Group (TCY) 845.50p -0.82%

Wetherspoon (J.D.) (JDW) 464.90p -0.66%

Perform Group (PER) 370.00p -0.54%

Stagecoach Group (SGC) 280.40p -0.53%

NR





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