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FTSE 250 movers: Indivior given shot in the arm, Softcat clawed

Tue, 18th Dec 2018 14:54

(Sharecast News) - London's FTSE 250 was up 0.76% at 17,548.78 in afternoon trade on Tuesday, as Indivior led the pack after reporting that strong sales have kept it on track with full year expectations.After being boosted by US courtroom drama last week, Indivior was the top riser after it said it expects to hit its full-year targets, spurred on by higher than expected sales for its new monthly opioid addiction treatment.Meanwhile, troubled tour operator Thomas Cook enjoyed a rare day in the sun after announcing a partnership with Orascom Development to open two own-brand hotels in El Gouna, Egypt, next year.IG Group was on the rise after Peel Hunt started coverage with a 'buy' rating and a target price of 775p, stating that the financial derivatives trader was "in a good position to benefit from emerging volatility and reduced competition as regulation bites".Retailers largely bounced back from heavy falls following a shock profit warning from online giant Asos on Monday, with Dunelm and Superdry both trading higher.IT infrastructure provider Softcat was the leading faller of the day and was closely followed by Premier Oil, which dropped as oil prices slid amid supply glut worries.Transport group Stagecoach dropped after HSBC cut its price target from 170p to 145p and Canaccord from 171p to 150p respectively, with the latter citing revenue declines and the disappointing performance of the company's US business and its possible disposal."In the absence of new rail franchise wins, group earnings are likely to decline in the coming years. Regional UK bus margins are unlikely to recover significantly beyond 2019 given the jump in hedged fuel prices while congestion, car dependency, regional economic growth and ecommerce are likely to weigh on volume growth," said Canaccord analysts.Finally, cinema chain Cineworld was lower even as it was upgraded to a 'top pick' by RBC Capital Markets which argued that the company had a "good track record" in a challenging industry.Market MoversFTSE 250 (MCX) 17,548.78 0.76%FTSE 250 - RisersIndivior (INDV) 107.70p 13.46%Thomas Cook Group (TCG) 29.82p 9.47%Vivo Energy (VVO) 124.66p 8.66%IP Group (IPO) 109.20p 6.64%IG Group Holdings (IGG) 573.00p 6.21%Inchcape (INCH) 547.00p 5.29%Dunelm Group (DNLM) 507.50p 5.12%Superdry (SDRY) 450.40p 4.55%BBA Aviation (BBA) 216.20p 4.44%Coats Group (COA) 79.70p 4.18%FTSE 250 - FallersSoftcat (SCT) 556.56p -4.04%Premier Oil (PMO) 62.50p -3.85%Stagecoach Group (SGC) 138.20p -3.02%Provident Financial (PFG) 585.40p -2.63%Daejan Holdings (DJAN) 5,660.00p -2.41%Dixons Carphone (DC.) 131.80p -2.33%TI Fluid Systems (TIFS) 161.20p -2.30%Cineworld Group (CINE) 263.00p -2.16%Lancashire Holdings Limited (LRE) 596.00p -2.05%Pennon Group (PNN) 696.80p -1.78%
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12 Dec 2018 11:56

LONDON MARKET MIDDAY: FTSE Up; Pound Rebounds As PM May's Fate Hangs

LONDON (Alliance News) - The FTSE 100 continued to climb steadily higher on Wednesday amid further hopes of an easing in tensions between the US and China, while Rolls-Royce was a

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12 Dec 2018 11:03

WINNERS & LOSERS SUMMARY: Superdry Shares Desiccated By Profit Fall

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 3.0%. The jet engine maker confirmed it

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12 Dec 2018 08:59

Dixons Carphone cuts dividend, plots faster revamp

(Sharecast News) - Dixons Carphone said it would spend £200m over three years to accelerate its restructuring strategy after reporting a large first-half loss and cutting its dividend.

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12 Dec 2018 08:39

LONDON MARKET OPEN: Pound Tumbles As Confidence Vote In May Triggered

LONDON (Alliance News) - While the FTSE 100 was higher in early trade on Wednesday, the pound tumbled to fresh lows following news that a vote of no confidence in UK Prime Minister Theresa May has

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12 Dec 2018 08:28

TOP NEWS: Dixons Carphone Cuts Dividend As Swings To Interim Loss

LONDON (Alliance News) - Dixons Carphone PLC on Wednesday reported a swing to an interim loss due to impairment charges, but reiterated confidence in its full-year guidance.Shares in the at

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12 Dec 2018 07:47

LONDON MARKET PRE-OPEN: Weather-Hit Superdry Guides To Profit Drop

LONDON (Alliance News) - Stocks in London are set to open higher on Wednesday, boosted by positive developments for US-China relations.A weaker pound is likely to give extra support to blue-chip a

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5 Dec 2018 16:06

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 6 December CaretechFull Year ResultsDS SmithHalf Year BakerTrading Year

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10 Oct 2018 16:05

Dixons Carphone could deliver investor bonus, HSBC thinks

(Sharecast News) - Ahead of a strategy update two months away, Dixons Carphone shares do not reflect enough optimism about the potential for new management to improve performance and dividends, said HSBC as it upgraded to 'buy' from 'hold'.

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7 Sep 2018 17:05

DIRECTOR DEALINGS: Dixons Carphone Boss, Finance Head Buy Shares

LONDON (Alliance News) - Dixons Carphone PLC said Friday that Chief Executive Alex Baldock and Chief Financial Officer Jonny Mason bought shares in the company.Baldock purchased 100,000 at

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6 Sep 2018 09:26

Dixons Carphone Guidance Unchanged As Revenue Stalls In First Quarter

LONDON (Alliance News) - Dixons Carphone PLC on Thursday said Greece was its only region to report increased reported or like-for-like revenue growth in the first quarter of its financial FTSE and

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6 Sep 2018 08:18

Dixons Carphone sales remain flat in first quarter

(Sharecast News) - Dixons Carphone reported flat like-for-like revenues in the first few months of its financial year as a World Cup boost for TVs was offset by softer white goods and computing.

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30 Aug 2018 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 31 August Cathay International HoldingsHalf Year ResultsOld MutualHalf Year Year 3

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30 Aug 2018 16:02

UK Shareholder Meetings Calendar - Next 7 Days

Friday 31 AugustHerencia ResourcesStagecoach GroupMonday 3 4 SmithMonks 5 6

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22 Aug 2018 10:48

Hackers claim to have details of 20,000 Superdrug customers

(Sharecast News) - Health and beauty retailer Superdrug is being held to ransom by hackers who claim to have stolen the data of 20,000 customers.

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13 Aug 2018 13:08

Direct Line Hires Scottish Mortgage Investment Chair As Non-Executive

LONDON (Alliance News) - Direct Line Insurance Group PLC said Monday it appointed Fiona McBain as non-executive director with effect from September 1.McBain is currently chairman of Trust

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