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FTSE 250 movers: Oilers slide, Ted Baker bounces back

Fri, 22nd Mar 2019 15:05

(Sharecast News) - London's FTSE 250 was 1.35% lower at 19,086.56 in afternoon trading on Friday, as oil and gas industry names led the index lower.Oil and gas industry services providers Hunting, Weir Group and Wood Group dropped alongside Premier Oil, as oil prices hit a four-month high but then retreated to a month's low.Restaurant Group was lower after moves to close 27 of its Giraffe and Ed's Easy Diner restaurants were approved, shutting down almost a third of the company's restaurants and likely to see hundreds of jobs cut.Guarantor loans provider Amigo Holdings crept lower as reports suggest it faces growing scrutiny from the Financial Conduct Authority after the regulatory body warned earlier in the month that it was increasing its focus on the area.IP Group was lower ahead of the release of its full-year results on Monday, while at the other end of the scales, fashion retailer Ted Baker recovered after dropping on the back of results in the previous session.Aggreko racked up strong gains as Stifel upgraded the stock to 'buy' and upped the price target to 880p from 840p, while Berenberg increased its price target to 1,170p from 1,100p.Noting that last year's results showed "positive signs of progress" and the first underlying profit growth in five years, the analysts said. "Our changed view is the building confidence that management's actions and strategy to improve capital efficiency and address operational shortcomings is starting to deliver value to shareholders not yet captured by the share price."Finally, alternative asset and corporate services provider Sanne saw its shares rise as it posted an 11.8% jump in full-year underlying pre-tax profit thanks to strong performances from its core businesses, particularly in EMEA and the US.Market MoversFTSE 250 (MCX) 19,086.56 -1.35%FTSE 250 - RisersTed Baker (TED) 1,660.00p 3.69%Aggreko (AGK) 797.00p 2.81%Intu Properties (INTU) 106.95p 2.30%Just Group (JUST) 70.25p 2.26%Telecom Plus (TEP) 1,499.80p 2.17%Sanne Group (SNN) 514.00p 1.98%Dunelm Group (DNLM) 883.50p 1.44%TI Fluid Systems (TIFS) 187.90p 1.40%Rank Group (RNK) 163.80p 1.36%Greene King (GNK) 676.80p 1.32%FTSE 250 - FallersHunting (HTG) 592.50p -5.05%Premier Oil (PMO) 89.85p -4.82%Restaurant Group (RTN) 117.70p -4.62%Morgan Advanced Materials (MGAM) 258.80p -4.36%Contour Global (GLO) 172.60p -4.27%Investec (INVP) 439.30p -4.17%IP Group (IPO) 92.20p -4.16%Amigo Holdings (AMGO) 171.54p -4.00%Weir Group (WEIR) 1,596.50p -3.97%Wood Group (John) (WG.) 549.00p -3.92%
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21 Aug 2018 11:55

LONDON MARKET MIDDAY: FTSE 100 Lags European Peers As BHP Weighs

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21 Aug 2018 10:44

WINNERS & LOSERS SUMMARY: Persimmon Leads Housebuilders Higher

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 1.3%. The housebuilder said it continued to

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21 Aug 2018 08:47

LONDON MARKET OPEN: FTSE 100 Gains Restricted By BHP Billiton

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1 Aug 2018 17:35

European Markets Finish Mixed As Trade Concerns Resurface

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1 Aug 2018 17:21

LONDON MARKET CLOSE: Next And Mining Stocks Send FTSE 100 Lower

LONDON (Alliance News) - Stocks in London ended sharply lower on Wednesday with Next and miners weighing on the FTSE 100, as the US ramped up its trade spat with China. The FTSE 100 index closed or a

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1 Aug 2018 12:11

LONDON MARKET MIDDAY: Losses Accelerate As US-China Tariff Talk Weighs

LONDON (Alliance News) - Stocks in London were trading sharply lower midday Wednesday over talks of further US tariffs on China and a host of host of ill-received corporate updates.Meanwhile, pound a

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1 Aug 2018 08:54

Aggreko confident of hitting FY guidance after solid underlying first half

(Sharecast News) - Temporary power supplier Aggreko said first half pre-tax profits fell 7% to £59m, with revenues up 10% to £857m.

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25 Jul 2018 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

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11 Jun 2018 17:15

LONDON MARKET CLOSE: FTSE Higher As Markets Brace For Historic Summit

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11 Jun 2018 11:03

WINNERS & LOSERS SUMMARY: Evraz Stands Tall With Fitch Rating Upgrade

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UK Shareholder Meetings Calendar - Next 7 Days

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6 Mar 2018 09:25

Aggreko Revenue Up But Profit Down On Argentinian Legacy Contracts

LONDON (Alliance News) - Aggreko PLC on Tuesday said that the repricing and off-hire of its utility contracts in Argentina "masks" the in across

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30 Jan 2017 08:56

Aggreko shares fall on Deutsche Bank downgrade

(ShareCast News) - Aggreko's shares fell on Monday after Deutsche Bank cut its recommendation on the stock to 'hold' from 'buy' and lowered the target price to 1,000p from 1,050p. The supplier of temporary power generation equipment is expected to see trading profit return to growth in 2018 after a

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16 Jan 2017 07:45

Aggreko Extends Argentina Contracts Up To March With Pricing In Line

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