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FTSE 250 movers: Premier Farnell blown higher on Raspberry Pi

Wed, 09th Sep 2015 14:55

(ShareCast News) - The FTSE 250 index rose strongly along with larger benchmark indices, but lost ground as the session wore on.At the close, the mid-cap index was up 0.9% at 17,153.28.Premier Farnell was the highest riser on the second-line index on the day when one of the electronic products it distributes was grabbing headlines. Raspberry Pi, the low-cost, credit-card sized computer, has released its first official touch screen display, which is expected to make it easier to use and therefore more popular.House builder Crest Nicholson was boosted by a bullish note from Goldman Sachs, which upgraded the stock to its 'conviction buy' list. This was based on the belief that its current valuation does not fully reflect its "sector-leading growth prospects, and the attractive returns on capital" forecast.Virgin Money fell the furthest after investor Wilbur Ross sold a further 50m shares in the challenger bank, cutting his residual stake in Virgin Money from 23% to 12%.Despite the Peppa Pig-fueled outperformance of its television arm, Entertainment One disappointed investors with news that film distribution had suffered a weak first quarter, sending the shares flickering lower. Group revenues were down 2% on a pro forma and constant currency basis, as a decline in film releases saw the division's takings fall.Shares in street fashion retailer SuperGroup were lower on the day that its AGM was being held in what analyst Nick Bubb called "its traditional and posh venue, Cheltenham Ladies College", in the centre of leafy Cheltenham. FTSE 250 - RisersPremier Farnell (PFL) 136.50p +7.82%Lonmin (LMI) 25.60p +6.67%AO World (AO.) 160.00p +6.10%Pace (PIC) 363.00p +5.40%Evraz (EVR) 73.65p +4.77%Crest Nicholson Holdings (CRST) 581.00p +4.68%Polymetal International (POLY) 496.30p +4.57%Henderson Group (HGG) 266.00p +4.40%Jupiter Fund Management (JUP) 456.90p +4.29%Worldwide Healthcare Trust (WWH) 1,895.00p +3.84%FTSE 250 - FallersVirgin Money Holdings (UK) (VM.) 402.00p -5.08%Entertainment One Limited (ETO) 288.10p -4.38%Supergroup (SGP) 1,354.00p -3.42%Just Eat (JE.) 399.70p -2.94%CLS Holdings (CLI) 1,855.00p -2.88%Euromoney Institutional Investor (ERM) 999.00p -2.35%Betfair Group (BET) 3,044.00p -2.22%Hunting (HTG) 454.00p -2.20%Poundland Group (PLND) 338.70p -1.97%OneSavings Bank (OSB) 369.50p -1.91%
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30 Dec 2019 16:48

Hasbro Completes GBP3.3 Billion Acquisition Of Entertainment One

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30 Dec 2019 07:42

Entertainment One Shares Suspended As Hasbro GBP3.3 Billion Deal Nears

Entertainment One Shares Suspended As Hasbro GBP3.3 Billion Deal Nears

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27 Nov 2019 15:46

Capital Group Slashes Entertainment One Stake To 2.7% From 9.9% Prior

Capital Group Slashes Entertainment One Stake To 2.7% From 9.9% Prior

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21 Nov 2019 10:40

Hasbro's Entertainment One takeover could face phase 2 CMA probe

(Sharecast News) - The Competition and Markets Authority said on Thursday that it was considering whether Hasbro's £3.3bn takeover of Peppa Pig owner Entertainment One would result in "a substantial lessening of competition".

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21 Nov 2019 09:01

UPDATE 2-British watchdog reviews Hasbro's Entertainment One takeover

* CMA invites comments on proposed acquisition* Hasbro expects to close deal in first quarter of 2020 (Adds detail, company comments)Nov 21 (Reuters) - Britain's competition watchdog has launched a review of Hasbro Inc's proposed $4 billion deal t...

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21 Oct 2019 16:59

Entertainment One Takeover By Hasbro Gains Approval From Canada Court

Entertainment One Takeover By Hasbro Gains Approval From Canada Court

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17 Oct 2019 18:52

Over 30% Of Entertainment One Shareholder Votes Oppose Two Resolutions

Over 30% Of Entertainment One Shareholder Votes Oppose Two Resolutions

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11 Oct 2019 08:07

Entertainment One Quarterly Loss Widens As Hasbro Takeover Nears

Entertainment One Quarterly Loss Widens As Hasbro Takeover Nears

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11 Oct 2019 07:40

Entertainment One posts wider first-quarter loss

Oct 11 (Reuters) - Canada-based independent entertainment company Entertainment One Ltd on Friday posted a near seven-fold wider first-quarter loss, hit by lower sales in its film, television & music segments.The company, which has agreed to be bo...

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11 Oct 2019 07:39

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

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11 Oct 2019 07:25

Losses widen at Entertainment One ahead of Hasbro deal

(Sharecast News) - First quarter pre-tax losses widened at Peppa Pig owner Entertainment One, driven by higher debts and lower revenues from film and television.

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25 Sep 2019 09:31

BROKER RATINGS SUMMARY: Berenberg Cuts BBA Aviation To Hold From Buy

BROKER RATINGS SUMMARY: Berenberg Cuts BBA Aviation To Hold From Buy

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25 Sep 2019 08:03

LONDON BRIEFING: Sainsbury's To Stop Injecting Cash Into Finance Unit

LONDON BRIEFING: Sainsbury's To Stop Injecting Cash Into Finance Unit

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24 Sep 2019 08:34

Entertainment One interim revenues seen consistent with 2018

(Sharecast News) - Media firm Entertainment One said on Tuesday that interim revenues were expected to be consistent with the previous year amid a "competitive" preschool merchandising market, while film, TV and music revenues were set to drop a little.

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24 Sep 2019 08:22

Entertainment One Cautious On Film & TV Revenue But Music Does Well

Entertainment One Cautious On Film & TV Revenue But Music Does Well

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