ShareCast News - Risers and Fallers

FTSE 250 movers: CSR climbs on strategy change

CSR was leading the risers after announcing that it has decided to discontinue development of its camera-on-a-chip (COACH) platform, which has been sustaining losses from weak demand. The new prompted Numis Securities to maintain a 'buy' rating for the group, saying "the news is positive in increasing focus on segments where CSR has strong market positions and where there is good visibility on future growth (audio/auto/bluetooth smart)".
[Yesterday 15:39]

FTSE 100 movers: Miners track metal prices higher

Randgold Resources topped the leader board this afternoon, tracking the price of gold higher, which was up 29 dollars, or 2.35 per cent.
[Yesterday 15:14]

FTSE 250 movers: Kentz jumps after acquisition, Inmarsat rises

Engineering and construction group Kentz was a high riser on Monday after offering to buy the oilfield solutions business of US-based Valerus as it looks to expand its offering and increase its footprint in the Americas regions.
[Mon 15:58]

FTSE 100 movers: Tullow, mining stocks provide a drag

Oil group Tullow was among the worst performers on Monday after saying it has plugged and abandoned its Tultule-1 wildcat well onshore Ethiopia as it failed to encounter oil.
[Mon 14:57]

FTSE 250 movers: Berkeley lifts housebuilders higher after strong results and guidance

Housebuilder Berkeley Group surged on Friday after reporting a 19.2 per cent jump in first-half profits and saying that full-year earnings could come in at the top end of analysts' expectations due to an earlier-than-expected completion of one its housing schemes in London.
[Fri 15:29]

FTSE 100: Petrofac, Royal Dutch Shell, BHP Billiton

Oilfield services group Petrofac rebounded on Friday, a day after heavy falls on concerns about guidance at its investor day on Thursday.
[Fri 14:36]

FTSE 250 movers: AZ Electronic Materials gains on Merck takeover

AZ Electronic Materials advanced after Merck KGaA agreed to buy the speciality chemicals company for about 1.6bn pounds, a 53 per cent premium to the stock's closing price on Wednesday.
[Thu 15:16]

FTSE 100 movers: Miners gain, supermarkets fall

Mining stocks were performing well on Thursday as share prices recovered after a sell-off earlier in the week.
[Thu 14:08]

FTSE 250: Drax Group, Interserve, Balfour Beatty, Ashmore

British electrical power company Drax Group rose after the UK government confirmed that two of its units converted to burn sustainable biomass to meet the eligibility and minimum evaluation criteria for investment contracts.
[4 Dec '13]

FTSE 100 movers: Sage Group biggest riser after annual results

Sage Group topped the FTSE 100 on Wednesday despite reporting a drop in annual operating profits.
[4 Dec '13]



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