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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
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Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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FTSE 250 movers: Premier and Page slide, JD scores gains

Mon, 14th Jan 2019 14:45

(Sharecast News) - London's FTSE 250 was down 0.7% at 18,410.02 late on Monday, with Premier Oil and PageGroup leading the retreat.Premier Oil tumbled after confirming its interest in Chevron assets, following press reports that it was looking to drum up cash for the near-$1.5bn acquisition.Recruiter PageGroup was sharply lower as it posted record profit for the fourth quarter, but only modest growth in the UK and a slowdown in China, sending fellow recruiter Hays lower as well.Countryside Properties was weaker after JPMorgan cut the stock to 'underweight', while Dixons Carphone rolled back from its Friday jump.On the upside, JD Sports Fashion surged to the top of the FTSE 250 as it said sales growth picked up pace over Christmas, with the retailer also encouraged by the performance in the US as it integrates its Finish Line acquisition.Total like-for-like sales growth in the Sports Fashion for the 48 weeks to 5 January topped 5%, up from 4% in the first half of the year, while gross profit margins were maintained at prior year levels.Dechra Pharmaceuticals also rose after reporting that trading was "strong" and in line with management expectations. Southend airport owner Stobart continued flying high after its Friday capture of British regional airline Flybe in a consortium with Virgin Atlantic and Cyrus Capital Partners for 1p a share, valuing the company at £2.2m.Meanwhile, EI Group made gains after Berenberg reiterated its 'buy' rating with a target price 220p, with the broker's analysts commenting that the pub chain "is set for a transformational year", with the sale of its commercial properties division set to bring in £348m.Domino's Pizza Group also inched up after Numis reiterated its 'buy' rating in the stock. "The bear thesis, which has driven Domino's share price down 25% despite earnings unchanged, suggests the model is challenged by a fractious relationship with its franchisees and a lack of appetite for new store openings. We fundamentally disagree," said the note.Market MoversFTSE 250 (MCX) 18,320.37 -1.20%FTSE 250 - RisersJD Sports Fashion (JD.) 428.50p 8.15%Stobart Group Ltd. (STOB) 166.14p 3.32%Just Group (JUST) 97.50p 2.04%Intu Properties (INTU) 111.95p 2.00%Civitas Social Housing (CSH) 105.00p 1.94%Drax Group (DRX) 396.60p 1.59%EI Group (EIG) 202.50p 1.55%Dechra Pharmaceuticals (DPH) 2,312.00p 1.31%Renishaw (RSW) 4,126.00p 1.18%Domino's Pizza Group (DOM) 267.40p 1.02%FTSE 250 - FallersPremier Oil (PMO) 71.55p -9.95%Pagegroup (PAGE) 426.20p -8.34%Sanne Group (SNN) 537.00p -5.29%Computacenter (CCC) 1,018.00p -4.86%Countryside Properties (CSP) 314.40p -4.73%OneSavings Bank (OSB) 363.59p -4.22%Dixons Carphone (DC.) 126.30p -4.17%Babcock International Group (BAB) 519.67p -4.05%Superdry (SDRY) 518.00p -3.90%Hays (HAS) 141.60p -3.80%
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21 Dec 2020 09:29

Countryside Expands Home Building Partnership With Sigma Capital

Countryside Expands Home Building Partnership With Sigma Capital

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21 Dec 2020 07:57

Countryside Properties expands relationship with Sigma Capital

(Sharecast News) - Countryside Properties said on Monday that it has further expanded its strategic relationship with private rental sector provider Sigma Capital to deliver up to 5,000 new homes across England over the next three years.

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15 Dec 2020 09:37

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Berkeley, Raises Redrow

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Berkeley, Raises Redrow

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10 Dec 2020 15:54

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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4 Dec 2020 09:42

UK BROKER RATINGS SUMMARY: Croda Raised; Deutsche Says Buy easyJet

UK BROKER RATINGS SUMMARY: Croda Raised; Deutsche Says Buy easyJet

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3 Dec 2020 10:29

TOP NEWS: Countryside Swings To Annual Loss As Chair To Step Down

TOP NEWS: Countryside Swings To Annual Loss As Chair To Step Down

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3 Dec 2020 07:55

Countryside to split business after row with investor

(Sharecast News) - Countryside Properties said Chairman David Howell would quit and that it planned to split its business in line with demands from an activist investor.

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2 Dec 2020 11:29

CORRECT: Countryside Investor Browning West Proposes Removal Of Chair

CORRECT: Countryside Investor Browning West Proposes Removal Of Chair

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2 Dec 2020 10:04

Countryside Investor Browning West Proposes Removal Of Chair Howell

Countryside Investor Browning West Proposes Removal Of Chair Howell

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2 Dec 2020 08:00

Countryside Properties shareholder Browning West calls for chair to be ousted

(Sharecast News) - Countryside Properties said on Wednesday that it "remains focused on acting in the best interests" of its shareholders after Browning West - which owns a 9.4% stake in the company - said it wants a seat on the board and suggested the housebuilding arm be sold to let the Partnerships business prosper.

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26 Nov 2020 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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15 Nov 2020 21:43

Sunday newspaper round-up: Restrictions, Brexit, Pennon

(Sharecast News) - Today's death toll, which is usually lower on Sunday and Monday due to weekend reporting lags, is up by just 12 from last Sunday - in a sign that fatalities may be flattening out. It comes after the head of the Office for National Statistics said that growth in infections is 'slowing' too. Some 24,962 new confirmed cases of coronavirus were reported today- just five more than last Sunday. Professor Sir Ian Diamond says that while there remains an increase in the number of Covid cases, the data shows a 'slowdown in the rate of growth', providing a small ray of hope for an end to harsh countrywide restrictions. - Financial Mail on Sunday

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2 Nov 2020 09:32

UK BROKER RATINGS SUMMARY: Liberum Says Buy Glaxo And Hut Group

UK BROKER RATINGS SUMMARY: Liberum Says Buy Glaxo And Hut Group

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20 Oct 2020 13:16

Tuesday broker round-up

(Sharecast News) - Intercontinental Hotels: JP Morgan upgrades to neutral with a target price of 4,400p.

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20 Oct 2020 09:20

UK BROKER RATINGS SUMMARY: JPMorgan Ups Hoteliers Whitbread And IHG

UK BROKER RATINGS SUMMARY: JPMorgan Ups Hoteliers Whitbread And IHG

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