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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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6 Mar 2019 08:35

Aggreko Holds 2018 Payout As Profit, Revenue Rise Ahead Of Guidance

LONDON (Alliance News) - Temporary power unit renter Aggreko PLC held its 2018 dividend steady on Wednesday after the positive momentum reported at the half year continued.In 2018, pretax a

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27 Feb 2019 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 28 February British American TobaccoFull Year ResultsCRHFull Year Year Insurance

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13 Feb 2019 10:37

Serco Boss Rupert Soames Joins Board Of DS Smith As Non-Exec Director

LONDON (Alliance News) - Packaging firm DS Smith PLC on Wednesday announced the appointment of Serco Group PLC Chief Executive Rupert Soames as non-executive director.Soames has previously

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7 Feb 2019 14:52

Liontrust Investment Partners Acquires 5.2% Interest In Aggreko (ALLISS)

LONDON (Alliance News) - Aggreko PLC on Thursday said Liontrust Investment Partners LLP has picked up a 5.2% stake in the temporary power unit renter in a deal on Tuesday.Shares in Aggreko

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22 Jan 2019 13:35

Aggreko runs out of power after Peel Hunt downgrade

(Sharecast News) - Aggreko ran out of power on Tuesday after Peel Hunt downgraded its stance on the stock to 'reduce' from 'hold' and cut the price target to 700p from 800p as it argued that challenges remain "significant".

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22 Jan 2019 10:27

WINNERS & LOSERS SUMMARY: easyJet Climbs On First-Quarter Revenue Rise

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 4.5%. The low-cost airline reaffirmed for

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22 Jan 2019 09:02

LONDON MARKET OPEN: Stocks Lower After IMF Warning; BHP Drags Miners

LONDON (Alliance News) - Stock in London were lower in early trade Tuesday following a downbeat global economic outlook by the IMF on Monday, highlighting US-China trade tensions and the risk of a

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14 Dec 2018 07:24

Aggreko secures Tokyo Olympics contract

(Sharecast News) - Aggreko said on Friday that its subsidiary, Aggreko Events Services Japan Limited (AESJL), has been awarded the supply contract for temporary electricity generation by The Tokyo Organising Committee for the Olympic and Paralympic Games.

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6 Nov 2018 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 7 November Dairy CrestHalf Year ResultsITVQ3 ResultsMarks 8 9

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16 Oct 2018 10:50

WINNERS & LOSERS SUMMARY: Meggitt Up 5% After Raising Revenue Forecast

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - down 2.8%. The supermarket chain was lower the

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9 Oct 2018 12:18

Ashtead Group Appoints Serco CFO As Non-Executive Director

LONDON (Alliance News) - Industrial equipment rental firm Ashtead Group PLC said Tuesday it appointed Angus Cockburn as a non-executive director with immediate effect.Cockburn serves as of

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13 Sep 2018 13:19

Thursday broker round-up

(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.

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21 Aug 2018 16:56

LONDON MARKET CLOSE: Pound, BHP Keep FTSE From Joining European Peers

LONDON (Alliance News) - The FTSE 100 on Tuesday lagged its European counterparts, the foreign earner-heavy index weighed down by a weaker dollar as well as losses for miner BHP on the of its

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21 Aug 2018 13:18

Tuesday broker round-up

(Sharecast News) - Aggreko: HSBC upgrades to buy with a target price of 1,050p.

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21 Aug 2018 12:06

HSBC says Aggreko woes are cyclical as it upgrades to 'buy'

(Sharecast News) - Most of Aggreko's problems are cyclical rather than strategic, HSBC said as it upgraded the generator hire company to 'buy'.

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