GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksALM.L Share News (ALM)

  • There is currently no data for ALM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Ocado keeps falling, Allied Minds lifted by paper tip

Mon, 04th Jan 2016 14:10

(ShareCast News) - With less exposure to international companies than the blue chip benchmark, the FTSE 250 index was down 1.5% by mid afternoon, compared to the 2%-plus dip of the FTSE 100.Worries about China were the cause of the widespread losses in London, Europe and the US on Monday, but the UK midcap index's main fallers were retail-focused.Online grocer Ocado continued its recent decline, with a 5.9% fall on Monday meaning the company has slipped almost 16% since last week when US giant Amazon first revealed plans to accelerate its UK grocery strategy.Property investment company CLS Holdings, which has almost 60% of its portfolio focused on the London property market, was the second largest loser, despite no specific news on the stock.Fidelity China Special Situations was one of the few direct victims of the earlier Chinese stock market wobble in the FTSE 250, down almost 5%. The investment trust hit a high of 179.778p last May before being hit by the summer correction in the People's Republic, since when it has steadily crept higher.The risers were being topped on Monday by Allied Minds, which was lifted by a recommendation as one of the Midas tips for 2016 in the Mail on Sunday. Although its shares have been hit hard last year, Allied Minds's has the support of many major investors for its portfolio of 23 companies spun out to commercialise technology developed by US government departments and major universities.Another weekend recommendation, Keller, was also on the front foot. The US-focused construction group was tipped by Questor in the Sunday Telegraph as one of six shares that should outperform the market in 2016. Throwing off cash and with a powerful dividend record, the company is trading at an undemanding nine times forward earnings and as a specialist in building flood defences the company could benefit from forces in the UK as well as the recovery in the US economy.Oil and gas explorer and producer Cairn Energy revealed results from well tests offshore Senegal that demonstrate the ability of the reservoirs to flow at commercially viable rates. Cairn said drill-stem testing was carried over a 12 metre interval which produced a stabilised but constrained oil flow rate of 8,000 barrels per day of high quality pay.Elsewhere in the resources sector, Tullow Oil was helped by comments from Macquarie, which said the stock remained its preferred play on a 12-month basis "due to the prevalence of near-term catalysts and opportunities for value creation". FTSE 250 - RisersAllied Minds (ALM) 422.40p 5.60%Entertainment One Limited (ETO) 176.00p 5.39%Grainger (GRI) 243.00p 4.38%Keller Group (KLR) 864.50p 3.72%Cairn Energy (CNE) 162.50p 3.04%Tullow Oil (TLW) 170.20p 2.72%Acacia Mining (ACA) 183.50p 1.94%TalkTalk Telecom Group (TALK) 220.60p 1.47%NMC Health (NMC) 851.00p 1.25%Centamin (DI) (CEY) 65.20p 1.24%FTSE 250 - FallersOcado Group (OCDO) 286.30p -5.85%CLS Holdings (CLI) 1,725.00p -5.22%Lookers (LOOK) 175.60p -5.08%Fidelity China Special Situations (FCSS) 136.60p -4.87%Atkins (WS) (ATK) 1,556.00p -4.31%Weir Group (WEIR) 957.00p -4.30%Genus (GNS) 1,489.00p -4.18%Mitchells & Butlers (MAB) 330.70p -4.17%Brown (N.) Group (BWNG) 296.90p -4.01%Sophos Group (SOPH) 251.70p -3.93%
More News
17 Sep 2015 07:57

Allied Minds announces formation of 'HawkEye 360' project

(ShareCast News) - Allied Minds announced the formation of HawkEye 360, a project that will use a constellation of small satellites in low Earth orbit to detect wireless signals that can be used to track and monitor global transportation networks, assist with emergencies, as well as other data analy

Read more
17 Sep 2015 06:57

Allied Minds Forms New Satellite Tracking Company HawkEye 360

Read more
4 Sep 2015 15:28

Allied Minds Founder Mark Pritchard Formally Hands In Resignation

Read more
1 Sep 2015 07:56

Allied Minds appoints Joseph Pignato as CFO

(ShareCast News) - Allied Minds has appointed Joseph Pignato as chief financial officer. The science and technology development and commercialisation company said Pignato was most recently CFO of Swipely, where he helped oversee growth in sales under management to more than $4bn. He also served in s

Read more
1 Sep 2015 06:55

Allied Minds Hires Joseph Pignato As Chief Financial Officer

Read more
27 Aug 2015 16:03

LONDON MARKET CLOSE: Stocks Rally But Not Everyone Convinced

Read more
27 Aug 2015 08:40

BROKER RATINGS SUMMARY: Berenberg Raises RELX To Buy

Read more
27 Aug 2015 08:32

Allied Minds widens loss, signs Yale deal for cancer treatment

(ShareCast News) - Allied Minds posted a bigger loss in its first half results on Thursday, as it announced its joint venture subsidiary with Bristol-Myers Squibb signed a deal with Yale University for cancer treatment. The tech commercialisation company, which listed in 2014, posted a first half lo

Read more
27 Aug 2015 07:25

Allied Minds Says Bristol-Myers Squibb Venture Signs Deal With Yale

Read more
27 Aug 2015 05:15

Earnings, Trading Statements Calendar - Week Ahead

Read more
26 Aug 2015 15:19

Earnings, Trading Statements Calendar - Week Ahead

Read more
26 Aug 2015 05:17

Earnings, Trading Statements Calendar - Week Ahead

Read more
25 Aug 2015 15:02

Earnings, Trading Statements Calendar - Week Ahead

Read more
25 Aug 2015 05:19

Earnings, Trading Statements Calendar - Week Ahead

Read more
24 Aug 2015 15:31

Earnings, Trading Statements Calendar - Week Ahead

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.