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FTSE 250 movers: Evraz lifted by sale completion, rising metal prices

Fri, 04th Apr 2014 15:26

Evraz was a strong riser after announcing that it has finalised the sale of its wholly-owned subsidiary Evraz Vitkovice Steel (EVS) to a group of investors for a gross consideration of 89m dollars. Rising metal prices also provided a lift. Man Group was given a leg up by JP Morgan after it moved its target price from 86p to 96p. Meanwhile, as on the top tier, retailers including SuperGroup and Dixons Retail were lower despite research from Deloitte saying that the High Street has showed "great resilience" since the financial crisis.First Group shares dropped after Deutsche Bank lowered its target price from 128p to 125p and reiterated a 'hold' recommendation.Booker retreated after yesterday underwhelming with a 1.9% rise in like-for-like sales for the latest quarter. FTSE 250 - RisersOxford Instruments (OXIG) 1,428.00p +6.01%Perform Group (PER) 260.10p +5.30%Evraz (EVR) 79.75p +4.93%Man Group (EMG) 106.80p +4.81%Polymetal International (POLY) 631.50p +4.38%Premier Oil (PMO) 308.70p +3.69%ICAP (IAP) 404.40p +3.69%Laird (LRD) 315.10p +3.38%Wood Group (John) (WG.) 786.50p +3.35%Hiscox Ltd (CDI) (HSX) 698.50p +3.25%FTSE 250 - FallersBig Yellow Group (BYG) 538.50p -2.71%Supergroup (SGP) 1,610.00p -2.48%Savills (SVS) 655.50p -2.38%Booker Group (BOK) 157.70p -2.29%FirstGroup (FGP) 132.00p -1.86%Dixons Retail (DXNS) 49.46p -1.77%Ocado Group (OCDO) 452.40p -1.67%Fisher (James) & Sons (FSJ) 1,450.00p -1.63%CSR (CSR) 700.00p -1.41%Rightmove (RMV) 2,575.00p -1.34%NR
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8 Oct 2014 10:12

Dixons Carphone CEO says firm to benefit from collapse of Phones4U - UPDATE

Electrical retailer Dixons Carphone said it expects to gain from the collapse of Phones4U as it set out plans to double the size of the business in the next three to four years. Chief executive Sebastian James told investors and analysts attending a strategy day that he believed the departure from t

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7 Oct 2014 17:17

Wednesday preview: Fed minutes firmly in focus

The economic calendar for the Wednesday session is rather sparse, but contains what is perhaps the main risk event of the week, the release of the minutes of the most recent Fed policy meeting. Whereas most economists have shifted their forecasts for the first rise in the Fed funds rate towards the

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17 Sep 2014 16:35

Dixons Carphone saves 800 Phones4U jobs

Dixons Carphone on Wednesday said it has offered collapsed Phones4U employees 800 jobs at its Currys/PC World stores. The employees currently work at 160 Phones 4u concessions within Currys/PC World stores, which have recently been taken on by Dixons Carphone. Phones4U’s collapse into adminis

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15 Sep 2014 09:51

Dixons Carphone to benefit from Phones 4U collapse, says Investec

The collapse of UK high street chain Phones 4U (P4U) could spell good news for Dixons Carphone, according to Investec which repeated its 'buy' recommendation for the electrical goods and mobile-phone retailer. P4U, which runs 720 outlets, has announced that after losing a contract with operator EE,

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9 Sep 2014 07:22

Dixons Carphone makes good start after merger

Home electronics retailer Dixons Carphone said its integration was progressing well as it reported strong trading in the three months to August. The group, which was formed from the merger of Dixons Retail and Carphone Warehouse on 7 August, said its new model of Carphone concessions inside Dixons s

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2 Sep 2014 10:18

CORRECT: Dixons Retail, Carphone Warehouse Shares Surge After Merger Approval

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7 Aug 2014 06:29

MARKET COMMENT: UK Stocks Set To Open Higher Ahead Of Central Banks

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6 Aug 2014 16:43

MARKET COMMENT: Stocks Slide On Ukraine Concerns, Economic Data

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5 Aug 2014 09:06

DIRECTOR DEALINGS: Dixons Retail Directors Awarded Shares

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4 Aug 2014 06:29

RPT-INVESTMENT FOCUS -Bricks, not clicks: traditional retail chains fight back

(Repeats, without changes, story first published on Friday) * Game Digital re-emerges after old firm nearly went bust * Historic firm Thomas Cook fighting back vs online rivals * Physical stores still have advantages over Internet * Home Retail Group has also managed turna

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1 Aug 2014 14:15

INVESTMENT FOCUS -Bricks, not clicks: traditional retail chains fight back

* Game Digital re-emerges after old firm nearly went bust * Historic firm Thomas Cook fighting back vs online rivals * Physical stores still have advantages over Internet * Home Retail Group has also managed turnaround By Sudip Kar-Gupta LONDON, Aug 1 (Reuters) - Eur

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18 Jul 2014 14:32

FTSE 250 movers: Carphone Warehouse, Dixons surge as shareholders approve merger

Merger partners Carphone Warehouse and Dixons Retail were both gaining around 5% on Friday afternoon after shareholders overwhelmingly voted in favour of the £3.7bn tie-up yesterday. "I'm delighted that shareholders have unequivocally supported the creation of Dixons Carphone," said Sebastien James

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18 Jul 2014 10:59

UK WINNERS & LOSERS: Shire Gains As Takeover By AbbVie Confirmed

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18 Jul 2014 10:51

Dixons Retail, Carphone Warehouse Shares Surge After Merger Approval

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17 Jul 2014 07:35

UK MORNING BRIEFING: ITV Shares Jump As Liberty Buys BSkyB Stake

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