Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Marshalls gains on interims, Debenhams slumps on downgrade

Fri, 28th Aug 2015 14:36

(ShareCast News) - London's FTSE 250 was a touch higher on Friday and by 1445 BST, was trading up 0.2% at 16,952.75, with investors mostly keeping to the sidelines at the end of what's been a pretty turbulent week.Marshalls was the standout gainer after the paving slabs specialist posted a strong set of interim results. Revenues were up 11% from the same period last year at £199.1m versus roughly 5% growth in underlying markets, indicating a strong level of market share won so far this year as the group invested in new products and overseas growth.Computacenter was also on the front foot after reporting a jump in first-half pre-tax profit and saying it expects its performance for the year to be slightly ahead of original expectations. For the six months ended 30 June, adjusted pre-tax profit rose 13.7% from the same period last year to £29.1m as it benefited from a gain of £42.2m from the sale of its RD Trading recycling business in February.Industrial components manufacturer Rotork gained after announcing that it has struck a £125m deal to buy Manchester-based Bifold Group, which makes pneumatic and hydraulic instrument valves. Rotork boss Peter France emphasised that the purchase would strengthen his company´s position in the flow-control sector and broaden its product portfolio.On the downside, broker notes weighed on Debenhams and Go-Ahead.UBS downgraded Debenhams to 'sell' from 'neutral' and cut its price target to 70p from 90p. The Swiss bank said its 'Evidence Lab' survey suggests customer intention to purchase in the next 12 months has seen the most significant decline among peers. "Shopping intentions for Debenhams are at the low end of both clothing and homewares retail and the company scores below the sector average for retailers with regard to low prices and good value."Meanwhile, JPMorgan Cazenove downgraded travel operator Go-Ahead and cut its price target to 2,768p from 2,879p. "We continue to believe that Go-Ahead is well positioned over the long term, but ahead of next week's prelims we reduce our rating to 'neutral' from 'overweight' due to potential risks to FY16E earnings, specifically from rail and the GTR franchise."Shares in luxury accessories group Jimmy Choo fell. Although the company said interim pre-tax profit increased to £20.3m from £1.3m, analysts were disappointed by the core earnings, which rose just 0.5% to £27.7m.RisersMarshalls (MSLH) 335.00p +5.85%Tullow Oil (TLW) 215.50p +5.43%Lonmin (LMI) 34.68p +5.00%Allied Minds (ALM) 480.00p +4.87%Pennon Group (PNN) 761.00p +4.18%Grafton Group Units (GFTU) 737.00p +2.65%Computacenter (CCC) 760.00p +2.63%Amec Foster Wheeler (AMFW) 783.50p +2.62%Foxtons Group (FOXT) 237.20p +2.60%Rotork (ROR) 205.60p +2.59% FallersDebenhams (DEB) 75.45p -7.42%Go-Ahead Group (GOG) 2,512.00p -2.60%Evraz (EVR) 77.10p -2.41%Lookers (LOOK) 159.30p -2.39%Restaurant Group (RTN) 664.00p -2.14%Jimmy Choo (CHOO) 163.40p -1.92%Spire Healthcare Group (SPI) 350.20p -1.90%Wizz Air Holdings (WIZZ) 1,810.00p -1.90%Marston's (MARS) 150.30p -1.89%Genesis Emerging Markets Fund Ltd Ptg NPV (GSS) 441.50p -1.89%
More News
14 Dec 2021 15:59

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
9 Dec 2021 17:01

LONDON MARKET CLOSE: Stocks fall and pound hurt amid Omicron worry

LONDON MARKET CLOSE: Stocks fall and pound hurt amid Omicron worry

Read more
9 Dec 2021 12:18

LONDON MARKET MIDDAY: Stocks fall as UK Covid restrictions reimposed

LONDON MARKET MIDDAY: Stocks fall as UK Covid restrictions reimposed

Read more
9 Dec 2021 11:10

SMALL-CAP WINNERS & LOSERS: Go-Ahead stopped by rail contract "errors"

SMALL-CAP WINNERS & LOSERS: Go-Ahead stopped by rail contract "errors"

Read more
9 Dec 2021 10:00

Go-Ahead results to be delayed after stripping of Southeastern franchise

(Sharecast News) - Go-Ahead updated the market on discussions with the Department for Transport (DfT) over its previous Southeastern franchise on Thursday, after it was stripped of the franchise on 17 October.

Read more
9 Dec 2021 09:27

TOP NEWS: Go-Ahead shares to be suspended amid rail contract fallout

TOP NEWS: Go-Ahead shares to be suspended amid rail contract fallout

Read more
9 Dec 2021 08:53

LONDON MARKET OPEN: DS Smith and Rolls-Royce top-and-tail FTSE 100

LONDON MARKET OPEN: DS Smith and Rolls-Royce top-and-tail FTSE 100

Read more
9 Dec 2021 08:14

LONDON BRIEFING: Go-Ahead shares to be suspended as faces rail fine

LONDON BRIEFING: Go-Ahead shares to be suspended as faces rail fine

Read more
9 Dec 2021 07:49

LONDON MARKET PRE-OPEN: Rolls-Royce cash flow is better than expected

LONDON MARKET PRE-OPEN: Rolls-Royce cash flow is better than expected

Read more
2 Dec 2021 16:32

EXECUTIVE CHANGES: Oil exec Dev Sanyal moves to M&G board from Man

EXECUTIVE CHANGES: Oil exec Dev Sanyal moves to M&G board from Man

Read more
24 Nov 2021 10:44

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

Read more
22 Nov 2021 09:25

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

Read more
8 Nov 2021 11:22

Go-Ahead says annual results as expected but pace of rebound uncertain

Go-Ahead says annual results as expected but pace of rebound uncertain

Read more
8 Nov 2021 11:03

SMALL-CAP WINNERS & LOSERS: Card Factory rises on improved trading

SMALL-CAP WINNERS & LOSERS: Card Factory rises on improved trading

Read more
8 Nov 2021 09:40

Go-Ahead expects to publish delayed FY results in December

(Sharecast News) - Public transport firm Go-Ahead Group said on Monday that its financial results for the year ended 3 July remained in line with the board's expectations despite delays to their publication.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.