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FTSE 250 movers: Big Yellow surges on rising profits, miners lower

Tue, 19th May 2015 13:15

UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks.As of 2:30GMT, the FTSE 250 was trading 134 points higher at 18,156.Top of the 250 leaderboard was Big Yellow, as the self storage company reported rising annual profits thanks to higher occupancy and prices.DCC was another riser, following a €464m bid for oil giant Shell's Butagaz liquefied petroleum gas business in France. Analysts at Berenberg said the deal would significantly boost earnings.Moneysupermarket.com was in the red as founder Simon Nixon cut his stake in the company to 12.8%.Aveva dipped as its adjusted pre-tax profits sank 21% to £62.1m, as margins shrank to 29.8% from 33% a year ago. Shares in the company have been inflated recently due to intense bid speculation. The outlook appears tough, said analysts at RBC Capital Markets.BTG was a major faller as its annual profits declined as acquisitions and foreign exchange movements offset revenue growth.Miners were trading lower, including Acacia Mining, Kaz Minerals, Evraz and Petra Diamonds. RisersDCC (DCC) 4,896.00p +11.53%Big Yellow Group (BYG) 694.00p +5.87%Clarkson (CKN) 2,525.00p +4.82%Homeserve (HSV) 418.70p +3.13%AL Noor Hospitals Group (ANH) 914.50p +2.98%Fidelity China Special Situations (FCSS) 168.00p +2.94%Galliford Try (GFRD) 1,583.00p +2.79%TalkTalk Telecom Group (TALK) 390.10p +2.77%Booker Group (BOK) 153.70p +2.60%Betfair Group (BET) 2,584.00p +2.54%FallersBTG (BTG) 719.00p -8.17%Aveva Group (AVV) 1,905.00p -4.75%Evraz (EVR) 187.10p -4.25%Drax Group (DRX) 402.10p -3.48%Kaz Minerals (KAZ) 256.20p -3.39%Petra Diamonds Ltd.(DI) (PDL) 170.30p -3.29%Hunting (HTG) 587.00p -3.22%Acacia Mining (ACA) 300.40p -3.10%Moneysupermarket.com Group (MONY) 294.30p -2.71%Cairn Energy (CNE) 174.40p -2.68%
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15 Dec 2015 13:58

BTG rallies as RBC hails long-term growth prospects

(ShareCast News) - RBC Capital Markets initiated coverage of specialist pharmaceutical company BTG at 'outperform' with a price target of 820p, saying it should be a long-term holding. It said the shares have underperformed materially over the past year and, while medium-term market expectations are

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15 Dec 2015 09:46

BROKER RATINGS SUMMARY: Berenberg Upgrades Meggitt To Buy From Hold

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14 Dec 2015 09:33

BROKER RATINGS SUMMARY: Goldman Sachs Upgrades Fresnillo To Buy

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14 Dec 2015 08:38

LONDON MARKET OPEN: BG And Shell Rise On Chinese Regulator Approval

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14 Dec 2015 08:14

BTG wins US approval for BC Bead Lumi

(ShareCast News) - Specialist pharmaceutical firm BTG said it had won US regulatory approval for its LC Bead Lumi radiation treatment. The company added that a trial of its PneumRx endobronchial coil implant for severe emphysema had produced positive results with all primary and secondary endpoints

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14 Dec 2015 07:45

BTG Gets Positive PneumRx Study Results, LC Bead LUMI Clearance

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11 Dec 2015 18:10

BTG Says WellStat Therapeutics' Vistogard Approved In US

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13 Nov 2015 09:49

BROKER RATINGS SUMMARY: Davy Expects Lloyds To Outperform

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11 Nov 2015 09:32

BROKER RATINGS SUMMARY: JPMorgan And S&P Capital IQ Positive On ITV

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10 Nov 2015 10:28

WINNERS & LOSERS SUMMARY: Experian And Vodafone Lead Blue-Chip Risers

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10 Nov 2015 08:03

BTG's interim profit soars thanks to solid growth across the board

(ShareCast News) - Healthcare group BTG has posted an increase in interim pre-tax profit, boosted by solid growth across all of its divisions. In the six months to 30 September, the FTSE 250 group posted a 40.6% year-on-year increase in pre-tax profit to £52.9m, while revenue rose 20% to £229.6m. T

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10 Nov 2015 07:51

BTG First Half Profit Rises As All Segments Experience Revenue Rise

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3 Nov 2015 16:35

Earnings, Trading Statements Calendar - Week Ahead

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28 Oct 2015 13:50

FTSE 250 movers: Just Retirement boosted by CMA merger clearance

(ShareCast News) - After an initial stumble, the FTSE 250 fought its way back into positive territory over the day, By 1420 GMT, the UK mid-cap index was up 0.28% at just over 17,000 points, but not rising as fast as its blue chip sister index 0.85% gain. Pharmaceutical group BTG was given a shot i

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7 Oct 2015 13:46

FTSE 250 movers: Miners and energy stocks rally; Wizz Air crashes

(ShareCast News) - London's FTSE 250 index was down 0.2% at 17,101.89 just after 1400 BST, underperforming the broader market. Miners were firmly on the front foot as metals prices advanced and the sector got a boost from an upbeat note by Morgan Stanley. The bank upgraded its stance on the European

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