Less Ads, More Data, More Tools Register for FREE

Pin to quick picksALD.L Share News (ALD)

  • There is currently no data for ALD

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Ibstock retreats as Pets at Home accelerates

Thu, 26th May 2016 14:30

(ShareCast News) - The FTSE 250 slipped further into the red late as Thursday wore on, despite having peeped its head above water around midday. Leading the index lower, shares in Ibstock subsided as the brick maker reported a slow start to the year for its UK clay business had lasted four months before reaching a positive plumb-line.While its directors expected another year of progress, and its full-year views were broadly unchanged, the company added that growth of UK brick sales into the key new residential sector were slower than expected due to destocking in the builders' merchant supply chain.Inchcape slipped as it noted a good start to the year, in line with expectations, was let down as figures out of its footprints in Europe and North Asia were more subdued than for UK, South Asia and Emerging Markets.The car dealer said revenue for the period 1 January to 25 May was up 12.8% to £2.47 billion, with like-for-like revenue up 12.4%.But, along with Ibstock and Mitchells & Butlers, its shares retreated they went ex-dividend on Thursday.For the pub company this somewhat undermined an HSBC upgrade of its shares the previous day to 'buy' from 'hold,' accompanied with a new target price of 340p, from 300p.To the upside, shares in Pets at Home improved as it hiked its full-year pre-tax profit to £92.1 million, from £90.2 million. Revenue was £793.1 million, from £777.8 million.Paypoint managed gains, too, as the market digested Wednesday's news of an impairment-dented set of full-year results. Pre-tax profit slumped to £8.2 million, from £49.6 million, with the mobile payments business booking a £30.8 million impairment in the absence of a sale.B&M European Value Retail, the discounter chaired by Sir Terry Leahy, was ahead after declaring a special dividend as it posted final results showing strong sales, profits and cash generation.Shares in Paysafe rallied after it said on Wednesday that full-year revenue and earnings were seen to be ahead of market consensus.In a trading update, Paysafe said it saw revenue at $950-$970 million, and adjusted earnings before interest, tax, depreciation and amortisation at $270-$276 million.Electrocomponents was ahead after it was upgraded to 'sector perform' from 'underperform' by RBC Capital Markets, which lifted its target price to 270p from 185p.FTSE 250 - RisersThomas Cook Group (TCG) 75.75p 4.20%Pets at Home Group (PETS) 259.30p 4.01%Kaz Minerals (KAZ) 154.90p 3.96%PayPoint (PAY) 903.00p 3.32%Electrocomponents (ECM) 292.00p 3.29%OneSavings Bank (OSB) 319.10p 3.27%Polymetal International (POLY) 826.50p 3.05%Aldermore Group (ALD) 216.10p 3.05%B&M European Value Retail S.A. (DI) (BME) 290.30p 2.83%Paysafe Group (PAYS) 417.60p 2.58%FTSE 250 - FallersIbstock (IBST) 202.00p -9.70%Electra Private Equity (ELTA) 3,790.00p -4.17%Restaurant Group (RTN) 357.50p -3.51%Amec Foster Wheeler (AMFW) 456.20p -3.27%Rathbone Brothers (RAT) 1,937.00p -3.15%Spectris (SXS) 1,660.00p -3.09%Genus (GNS) 1,524.00p -2.93%Mitchells & Butlers (MAB) 291.40p -2.67%Inchcape (INCH) 694.00p -2.66%Jimmy Choo (CHOO) 115.50p -2.61%
More News
4 Jul 2016 14:41

Directors dealings: Aldermore chairman tops up stake

(ShareCast News) - Aldemore chairman Glyn Jones went bottom-fishing in shares of his company, picking up £118,883.00-worth of stock on 30 June, the company said in a statement. Shares in the 'challenger' bank had been mauled in the aftermath of the Brexit vote. Jones bought 100,000 shares at 118,88

Read more
4 Jul 2016 13:36

DIRECTOR DEALINGS: Aldermore Chairman Buys 100,000 Shares

Read more
30 Jun 2016 15:29

FTSE 250 movers: Broader rebound outweighs ongoing housing rout

(ShareCast News) - The FTSE 250 continued to rally on Thursday alongside its blue chip sibling as a broad-based rebound across sectors outweighed continued softness for housing-related stocks after the Brexit vote. Half an hour before the close, the FTSE 250 was up 0.65% to 16,106.31. Some of t

Read more
30 Jun 2016 08:44

BROKER RATINGS SUMMARY: Reckitt Liked By JPMorgan, Macquarie And HSBC

Read more
29 Jun 2016 08:48

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Burberry To Buy

Read more
27 Jun 2016 15:25

BROKER RATINGS SUMMARY UPDATE: Deutsche Lifts ITV To Hold From Sell

Read more
27 Jun 2016 10:37

Mortgage lending resilient in May but likely to fall post referendum - CML

(ShareCast News) - Mortgage lending remained resilient in May as banks and building societies lent more than in April and than in May last year. Gross mortgage lending swelled to £18.2bn in May, the Council of Mortgage Lenders estimated, up 3.6% from the preceding month and 13.6% higher than this ti

Read more
27 Jun 2016 08:45

BROKER RATINGS SUMMARY: HSBC Raised But Barclays, Lloyds And RBS Cut

Read more
24 Jun 2016 09:49

WINNERS & LOSERS SUMMARY: Gold, Dollar Exposure Rewarded Post-Brexit

Read more
16 Jun 2016 13:04

FTSE 250 movers: Go Ahead hits buffers; N Brown update in fashion

(ShareCast News) - Go-Ahead shares were going nowhere on Thursday after commuters on Britain's largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday. The railway fra

Read more
7 Jun 2016 15:48

Tuesday newspaper share tips: OneSavings Bank and Wolseley

(ShareCast News) - Business is booming for OneSavings Bank, which has just clocked up a £35m profit after selling a £250m securitisation of pre-crisis mortgages, writes the Financial Times' Lex column. The buy-to-let lender intended to use the dosh to originate more mortgages, and its loan books hav

Read more
3 Jun 2016 07:46

Investec downgrades HSBC, recommends taking profits in June

(ShareCast News) - Investec downgraded HSBC to 'hold' from 'buy', pointing to just under 1% residual upside to its unchanged 450p price target. "Our continuing belief that HSBC can, should and will maintain an (uncovered) 51c dividend, an implied 2016e dividend yield of 7.9% is, by itself, insuffici

Read more
23 May 2016 14:14

FTSE 250 movers: Easing Brexit fears lift Redrow and Countrywide

(ShareCast News) - The FTSE 250 was not far off its three-month high on Monday afternoon, up 0.71% at 17,042.61 as a buoyant handful of challenger banks and property-related stocks outweighed those hit by the oil price retreat. The Treasury weighed into the Brexit debate, aiming to convince Britain

Read more
17 May 2016 08:30

BROKER RATINGS SUMMARY: Goldman Says Buy ITV; Investec Says Buy HSBC

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.