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ShareCast News - Risers and Fallers

FTSE 250 movers: Catlin boosted by takeover discussions while real-estate sector slides

Catlin Group was rising substantially Wednesday after XL Group confirmed takeover discussions with the company. XL Group chief executive officer Mike McGavick said: "We both believe that we will be far better positioned and stronger together. We see this transaction as deeply accelerating the strategies of both companies."
[Yesterday 15:30]

FTSE 250 movers: Commodity stocks drop, but Afren jumps after update

Afren's share price rebounded strongly on Tuesday, with investors impressed by the news that the Africa-focused oil explorer has found oil after completing drilling and coring operations on Block 1101 onshore Madagascar. Even including Tuesday's near-10% rise, so far this year the stock has still fallen by 79% on the back of the recent collapse in the oil price.
[Tue 15:28]

FTSE 100 movers: Sainsbury hit by Kantar Worldpanel report

Supermarket J Sainsbury fell on Tuesday after Kantar Worldpanel released a report revealing the group's sales fell 1.8% in the 12 weeks to 7 December while its market share fell. The Big Four grocers continue to be overshadowed by exceptionally strong growth from the discount end of the market, namely Lidl and Aldi. Department store group M&S was also lower.
[Tue 14:36]

FTSE 100 movers: Miners sink while oil companies recover slightly

Anglo-Australian miner BHP Billiton dipped following a downgrade at RBC Capital Markets to 'underperform' from 'sector-perform'. Other mining companies, including Fresnillo, Randgold Resources and Glencore, were also hit by a forecast of an extended period of low iron ore prices, due to over-supply and falling industry costs from analysts at Credit Suisse.
[Mon 14:48]

FTSE 250 movers: Mining companies hit by pessimistic analysis from Credit Suisse

Soco International, Afren and EnQuest all rose on Monday after a slight rebound early on in crude futures. That came after Libya declared "force majeure" at two key ports over the weekend, shutting down export capacity equivalent to 560,000 barrels per day. That seemed to give the energy sector a boost early in the week.
[Mon 14:16]

FTSE 100 movers: Oil stocks track oil price lower

Petrofac, Tullow Oil, BP, Shell and a host of stocks exposed to the oil price were suffering heavy losses on Friday.
[Fri 15:15]

FTSE 100 movers: Travel companies soar as miners sink

Travel companies Easyjet and International Consolidated Airlines Group were boosted by the fall in oil prices, on hopes that lower fuel costs will boost profitability.
[11 Dec '14]

FTSE 250 movers: Oil, gold and metal mining firms on the decline while retail sees an upswing

Telecom firm Spirent Communications was rising on Thursday after being given a hold consensus recommendation by the 12 ratings firms currently covering the company. Liberum Capital upgraded the group to a 'buy' rating. The broker claimed: "Spirent is cheaper than its peers on all EV metrics and is a potential take-out target with leading IP".
[11 Dec '14]

FTSE 100 movers: Ashtead boosted by first-half profits, gas companies still struggling

Shares in Ashtead surged after the equipment-rental firm reported a big jump in first-half profits and lifted its full-year forecast. The company said that underlying pre-tax profit jumped by 33% to a record 265.5m in the six months to 31 October, and guided to full-year results "ahead of our previous expectations".
[10 Dec '14]

FTSE 100 movers: Unscheduled trading update hits supermarkets

Tesco surprised the market with another profit warning, causing shares to plummet. The company said trading profit for the financial year ending February 2015 is not expected to exceed 1.4bn, compared with 3.315bn previously and analysts' forecasts, which ranged from 1.8bn to 2.2bn.
[9 Dec '14]

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