ShareCast News - Risers and Fallers
FTSE 100 movers: Serco in top spot
British outsourcing group Serco was the strongest riser after revealing that full year revenue rose 5.7 per cent to 4.9bn pounds, underpinned by a strong performance in international markets.[5 Mar '13]
FTSE 250 movers: Debenhams suffers after warning on profit
High Street retailer Debenhams plummeted after it admitted its UK business had been 'severely disrupted' by the snow in the latter part of January.[4 Mar '13]
FTSE 100 movers: GKN boosted by upgrade
GKN shares rose into the top spot after Goldman Sachs raised its target price from 195p to 272p and upgraded the stock from sell to neutral.[4 Mar '13]
FTSE 100 movers: Capita leads the risers
Outsourcing group Capita continued to be a high riser having said that it has acquired debt recovery specialists iQor Holdings UK and subsidiaries (iQor UK) for an enterprise value of 42m pounds.[1 Mar '13]
FTSE 250 movers: Hikma soars on 'unsolicited enquiries'
Hikma Pharmaceuticals on Friday confirmed that it has received several unsolicited enquiries in its Injectables business and is now undertaking a review of strategic options for its future, prompting a strong rise in the share price.[1 Mar '13]
FTSE 250 movers: National Express rises on increased dividend
Tranpsort group National Express was a high riser after cheering investors with news of cost savings and an increased total dividend for 2012.[28 Feb '13]
FTSE 100 movers: Kazakhmys in red on plans to slash divi
Copper giant Kazakhmys was the worst performer of the day after saying that it would be slashing its dividend for 2012 to reflect falling profits. The company also said that its CFO would step down in May, when its Chairman is also due to retire.[28 Feb '13]
FTSE 250 movers: bwin.party leaps on Citigroup upgrade
Online gaining group bwin.party jumped after Citigroup upgraded its rating for the stock to 'neutral'. "The company´s stock approached technical resistance towards 160p yet seems to have left quite a bullish pattern on charts, although pullbacks are possible given the sharp gains seen over the last few weeks," comment analysts at Digital Look.[27 Feb '13]
FTSE 100 movers: Petrofac down on underwhelming results
Oilfield services group Petrofac was a big faller after underwhelming with a nine per cent rise in revenue and 17 per cent increase in net profit in 2012. The firm´s plans to invest around $1bn in capital outlays over the next five years displeased some analysts.[27 Feb '13]
FTSE 250 movers: St Modwen shares fall on placing news
Regeneration specialist St Modwen tanked after proposing a placing to help fund its share in the development of the New Covent Garden Market in London. St Modwen intends to raise additional equity capital through a placing of up to 20m new ordinary shares of 10p each, representing around 9.99 per cent of the company's existing issued share capital.[26 Feb '13]
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