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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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26 Jun 2014 10:54

UPDATE 2-Carphone, Dixons say winning investors over to merger

* Dixons FY underlying profit 166.2 mln stg, up 76 pct * Carphone FY headline EPS 18.4 pence, up 59 pct * Shares fell after May 15 merger news, have rallied since * Merger set to complete in August (Adds detail, CEO, investor comment, shares) By James Davey LONDON,

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26 Jun 2014 10:48

TOP NEWS: Barclays In Hot Water Over Dark Pool

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26 Jun 2014 09:29

UPDATE: Dixons Carphone To "Get Married" From "Position Of Strength"

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26 Jun 2014 07:53

Dixons Retail, Carphone Warehouse Post Higher Profits Ahead Of Merger

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26 Jun 2014 07:28

UK MORNING BRIEFING: London Stock Exchange Buys Russell Indexes

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26 Jun 2014 06:31

MARKET COMMENT: UK Stocks Set To Follow US, Asian Equities Higher

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26 Jun 2014 06:12

Dixons Retail profits soar ahead of Carphone merger

LONDON, June 26 (Reuters) - Dixons Retail, Europe's No. 2 electricals retailer, beat forecasts with an 76 percent rise in annual profit as it prepares to merge with Carphone Warehouse. Last month Dixons agreed an all-share merger with Carphone, Europe's largest independent mobile phones ret

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26 Jun 2014 06:01

Carphone Warehouse earnings jump ahead of Dixons merger

LONDON, June 26 (Reuters) - Carphone Warehouse, Europe's biggest independent mobile phone retailer, met forecasts with a 59 percent rise in annual earnings as it prepares to merge with Dixons Retail. Last month Carphone agreed an all-share merger with Dixons, Europe's No. 2 electricals reta

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26 Jun 2014 05:11

UK Earnings, Trading Statements Calendar - Week Ahead

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25 Jun 2014 16:24

MARKET COMMENT: FTSE At Two-Month Low On Iraq, US Growth Shock

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25 Jun 2014 16:18

Carphone Warehouse and Dixons receive EC approval for merger

The upcoming merger between Carphone Warehouse Group and Dixons Retail has received unconditional clearance from the European Commission (EC), it was announced on Wednesday afternoon. The two electronics retailers, which are both due to unveil their final results on Thursday, are planning to becom

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25 Jun 2014 15:21

UK Earnings, Trading Statements Calendar - Week Ahead

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25 Jun 2014 15:12

EU Commission approves UK's Carphone, Dixons merger

LONDON, June 25 (Reuters) - The European Commission has unconditionally approved the 3.8 billion pound ($6.4 billion) merger of Britain's Carphone Warehouse and Dixons Retail , Carphone Warehouse said on Wednesday. Carphone, Europe's biggest independent mobile phone retailer, and Dixons, Eu

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25 Jun 2014 14:30

Thursday preview: Dixons and Carphone Warehouse release finals

Thursday sees simultaneous final results from merging electronics retailers Carphone Warehouse and Dixons Retail, which are planning to become Dixons Carphone. Analysts are not expecting much eye-poppingly interesting, as the companies' management teams are playing these results in a low-key manner

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25 Jun 2014 05:09

UK Earnings, Trading Statements Calendar - Week Ahead

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