DC..L Share News (DC.)

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Johnson Matthey, up 3.6% at 3,680 pence. CFRA raised the chemicals firm's price target to 3,600 pence from 3,300p, keeping its Hold rating, while Credit Suisse raised its price target to 4,000p from 3,900p, retaining its outperform rating. The stock set a record high of 3,687p in morning trade. Johnson Matthey on Thursday raised its dividend by 7% as annual revenue rose. ----------Barratt Developments, 2.5%. JPMorgan raised the housebuilder to Overweight from Neutral.----------Antofagasta, up 1.8%. The Chile-based copper mining group reported that it has paid the US and Chilean government USD317.0 million in taxes and fees for its mining activities.----------Rio Tinto, up 1.8%, Glencore, up 2.6%. Rio Tinto said it had completed the sale of its 75% interest in the Winchester South coal development project in Queensland to Whitehaven Coal for USD200 million. In addition, Rio Tinto is planning to sell its 82% stake in the Hail Creek coal mine and its 71% interest i8n the Valeria coal resource to peer mining company Glencore for USD1.70 billion.----------FTSE 100 - LOSERS----------Severn Trent, down 0.5%. This was in spite of Deutsche Bank raising the water company's price target to 2,000 pence from 1,850p, while keeping its hold rating.----------Smith & Nephew, down 0.2% at 1,357p. HSBC cut the medical devices maker's price target to 1,500 pence, down from 1,530p, retaining its Buy rating.----------British American Tobacco, down 0.5% at 3,852.50p. Jefferies cut the tobacco company's price target to 5,200 pence from 6,000p, keeping its Buy rating.----------FTSE 250 - WINNERS----------Dixons Carphone, up 5.6%. The mobile phone and electrical goods retailer started rebounding from losses on Tuesday as Liberum upgraded its rating to Buy from Hold, with a price target of 220 pence. On Tuesday, Dixons Carphone said it expects to report pretax profit for the year ended April 28 of approximately GBP382 million, down 24% from GBP501 million the year before. For the year ahead, headline pretax profit is expected to decline to "around" GBP300 million. Shares in Dixons Carphone closed down 20% on Tuesday.----------FirstGroup, up 4.0%. The bus and train operator was rebounding from heavy losses on Thursday, when it closed down 19%. The company swung to a GBP326.9 million pretax loss for the year to the end of March, having reported a GBP152.6 million profit a year earlier due to Greyhound impairment charges. This was on revenue of GBP6.4 billion, up 13% from GBP5.7 billion.----------Vedanta Resources, up 2.3%. The oil and gas company said the Honourable Delhi High Court in India awarded an extension of ten years for Vedanta's production sharing contract on the Rajasthan block, offshore India.----------OTHER MAIN MARKET AND AIM - WINNERS----------Velocity Composites, up 20%. The aircraft-focused carbon fibre manufacturer inked a GBP3 million contract that expires December 2021 to supply complex design consumable kits for the Boeing 737 Max programme, which will be used on the wings of the aircraft.----------Image Scan, up 7.8%. The X-ray imaging system manufacturer signed a two-year partnership agreement with VMI Sistemas De Segurata Ltda to distribute Image Scan's X-ray security product range in Brazil and Latin America. VMI will take up responsibility for distribution, local support and servicing of Image Scan's products.----------OTHER MAIN MARKET AND AIM - LOSERS----------Dignity, down 12%. The funeral services group said it welcomed the UK Competition & Markets Authority's review of the funeral market, stating that it has "led" calls for greater regulation within the Industry. Earlier Friday, the CMA had said it was launching a review into the GBP2 billion funerals market in the UK "to ensure people are not getting a bad deal". The UK regulator will look into whether information on pricing and services from providers is clear enough, as well as how prices have changed over time and what is driving any change. The CMA will also investigate the rising level of cremation fees, given this now makes up an estimated 75% of all funerals, it said. ----------System1, down 12%. The marketing services firm reported that for the 12 months to March, pretax profit came in at GBP2.0 million compared to GBP6.3 million a year prior. Revenue fell 18% year-on-year to GBP26.9 million, due to clients cutting back on market research spending, and increased costs as a result of investment.----------