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WINNERS & LOSERS SUMMARY: Smith & Nephew Sinks After Cutting Outlook

Thu, 03rd May 2018 10:39

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Glencore, up 1.4%. The miner said first-quarter production was in line with expectations across all its commodities as it held firm to its 2018 guidance. For the three months ended March, copper production was up 6.6% to 345,400 tonnes from 324,100 tonnes the year prior. Nickel production was up 21% to 30,100 tonnes from 25,000 tonnes the year before. Glencore said production was "largely" in line with expectations across all its commodity groups. As a result, it retained its full year production guidance. For 2018, Glencore said it expects copper production of around 1.5 million tonnes, nickel production of 132,000 tonnes, zinc production of 1.1 million tonnes, and ferrochrome production of 1.6 million tonnes. Oil production is forecast at 4.9 million barrels and coal production around 134 million tonnes.----------FTSE 100 - LOSERS----------Smith & Nephew, down 7.0%. The medical devices maker lowered its full-year underlying revenue guidance after its businesses delivered a "mixed performance" in the first quarter of the year. The group said its full-year guidance has been hit by the "weaker" first quarter, with underlying revenue growth now expected to be in the range 2% to 3% with a trading profit margin "at or above" that achieved in 2017. Smith & Nephew said first quarter revenue rose 5% to USD1.20 billion, from USD1.14 billion, though this was flat on an underlying basis. There was one fewer trading day than the comparable period last year, Smith & Nephew noted.Mondi, down 5.8%, Kingfisher, down 3.1%, Unilever, down 1.0%. The stocks went ex-dividend meaning new buyers no longer qualify for the latest dividend payout. BT Group, down 2.5%. Barclays cut the telecommunications giant to Equal Weight from Overweight. BT will report annual results next Thursday. Direct Line, 1.3%. The insurer was downgraded to Neutral from Overweight by JPMorgan. ----------FTSE 250 - WINNERS----------Lancashire Holdings, up 4.0%. The insurer said a "strong" underwriting result and a relatively benign loss quarter led to a 48% jump in first quarter pretax profit. For the three months to March-end, the Bermuda-based insurer reported a pretax profit of USD42.4 million, up from USD28.7 million recorded in the year ago period. Gross premiums grew to USD215.8 million from USD196.5 million. Combined ratio - a key profit measure for insurers - stood at 65.2% at the period end versus 85.6% a year ago. A score under 100% indicates underwriting profitability.esure Group, up 2.5%. The insurer reported 18% growth in first-quarter gross premiums and said the so-called "The Beast from the East" cold snap and "Storm Emma" resulted in GBP8 million of claims costs in its home insurance division, around GBP6 million ahead of expectations. The company recorded total gross premiums of GBP221.2 million for the three months to March-end, up from GBP187.4 million in the year ago period. In-force policies grew 9.2% to 2.4 million from 2.2 million. The growth in premiums was attributed to strong performance in Motor division, which saw 21.1% growth in quarterly premiums to GBP201.4 million. Home unit recorded premiums of GBP19.8 million, down 6.2%.Wizz Air, up 2.0%. The eastern Europe-focused airline said passenger numbers and load factor improved in April, and separately announced subsidiary Wizz Air UK has been granted an Air Operator's Certificate and Operating Licence. During April passenger numbers rose 19% to 2.8 million, from 2.3 million a year before. Load factor improved by 0.8 percentage point to 90.9% from 90.1% last year. Capacity rose 18% to 3.0 million in April from 2.6 million. Separately, the airline said its wholly-owned subsidiary Wizz Air UK has been granted an Air Operator's Certificate and Operating Licence from the UK Civil Aviation Authority. Wizz Air UK - headquartered at London Luton airport - will begin operations on Thursday, with the first flight between London Luton and Bucharest. ----------FTSE 250 - LOSERS----------Go-Ahead, down 7.5%. Deutsche Bank downgraded bus and train operator to Hold from Buy, believing the stock is no longer "significantly undervalued" with its share price having risen of recent.IMI, down 3.7%. The engineer said continuation of improved trading performance has led a 2% year-on-year rise in first quarter organic revenue and current business performance remains consistent with market views for the year. IMI also said organic revenue for the first half is expected to be higher than the year ago period, with a modest improvement in margins. However, IMI expects its 2018 results to be hurt by the strength of sterling against the euro and the US dollar. At first quarter average rates, the company expects a 4% exchange rate headwind to both revenue and profit for the full year.Derwent London, down 3.7%, Elementis, down 2.1%. The stocks went ex-dividend. ----------
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Go-Ahead, now owned by Kinetic and Globalvia, to de-list on Tuesday

(Alliance News) - Go-Ahead on Monday requested for its shares to be suspended from trading in London, as its takeover by a consortium of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU has become effective.

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6 Oct 2022 17:24

Go-Ahead Group says High Court gives green light to merger agreement

(Alliance News) - Go-Ahead Group PLC on Thursday said the High Court of Justice in England and Wales allowed the acquisition of the company by Gerrard Investment Bidco Ltd.

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29 Sep 2022 15:42

UK dividends calendar - next 7 days

Friday 30 September 
Admiral Group PLCdividend payment date
Admiral Group PLCspecial dividend date
Alliance Trust PLCdividend payment date
Antofagasta PLCdividend payment date
Atlantis Japan Growth Fund Ltddividend payment date
BlackRock World Mining Trust PLCdividend payment date
Breedon Group PLCdividend payment date
Carr's Group PLCdividend payment date
CT Property Trust Ltddividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Energean PLCdividend payment date
FDM Group PLCdividend payment date
Henderson Diversified Income Trust PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Honeycomb Investment Trust PLCdividend payment date
Imperial Brands PLCdividend payment date
International Personal Finance PLCdividend payment date
Knights Group Holdings PLCdividend payment date
Miton UK Microcap Trust PLCdividend payment date
NextEnergy Solar Fund Ltddividend payment date
PayPoint PLCdividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
ProCook Group PLCdividend payment date
Redde Northgate PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Robert Walters PLCdividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
TClarke PLCdividend payment date
Temple Bar Investment Trust PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 3 October 
Appreciate Group PLCdividend payment date
Blackrock Sustainable American Income Trust PLCdividend payment date
CLS Holdings PLCdividend payment date
Warehouse REIT PLCdividend payment date
Tuesday 4 October 
Croda International PLCdividend payment date
Rathbone Group PLCdividend payment date
Cohort PLCdividend payment date
Wednesday 5 October 
Savills PLCdividend payment date
Thursday 6 October 
abrdn Latin American Income Fund Ltdex-dividend date
abrdn Smaller Companies Income Trust PLCex-dividend date
abrdn UK Smaller Companies Growth Trust PLCex-dividend date
Andrews Sykes Group PLCex-dividend date
Andrews Sykes Group PLCspecial dividend date
Anglo Pacific Group PLCex-dividend date
Bodycote PLCex-dividend date
Centaur Media plcex-dividend date
Centrica PLCex-dividend date
ConvaTec Group PLCdividend payment date
CT Private Equity Trust PLCex-dividend date
CT UK High Income Trust PLCex-dividend date
D4T4 Solutions PLCspecial dividend date
DS Smith PLCex-dividend date
EMIS Group PLCex-dividend date
European Assets Trust PLCex-dividend date
F&C Investment Trust PLCex-dividend date
Go-Ahead Group PLCspecial dividend date
Gresham House PLCex-dividend date
GSK PLCdividend payment date
Hammerson PLCex-dividend date
Hunting PLCex-dividend date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend date
Inspecs Group PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Intertek Group PLCdividend payment date
Johnson Service Group PLCex-dividend date
Kainos Group PLCex-dividend date
Keywords Studios PLCex-dividend date
Kingfisher PLCex-dividend date
Learning Technologies Group PLCex-dividend date
Manolete Partners PLCdividend payment date
Martin Currie Global Portfolio Trust PLCex-dividend date
Mears Group PLCex-dividend date
MIGO Opportunities Trust PLCdividend payment date
Morgan Sindall Group PLCex-dividend date
Mortgage Advice Bureau (Holdings) PLCex-dividend date
Murray International Trust PLCex-dividend date
North American Income Trust PLCex-dividend date
Pantheon Infrastructure PLCex-dividend date
RIT Capital Partnersex-dividend date
Serco Group PLCdividend payment date
Shires Income PLCex-dividend date
Smart Metering Systems PLCex-dividend date
Spectris PLCex-dividend date
Supermarket Income REIT PLCex-dividend date
Synthomer PLCex-dividend date
Ten Entertainment Group PLCex-dividend date
TP ICAP Group PLCex-dividend date
Travis Perkins PLCex-dividend date
Troy Income & Growth Trust PLCex-dividend date
Uniphar PLCdividend payment date
Vistry Group PLCex-dividend date
VPC Specialty Lending Investments PLCdividend payment date
Weir Group PLCex-dividend date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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6 Sep 2022 09:10

IN BRIEF: Go-Ahead hit by cyber attack but says no impact on trains

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Suffers cyber security incident, detecting unauthorised activity on its network on Monday. Says it will continue to investigate the potential impact of the attack, but confirms that there was no impact on UK or international rail services, which are operating normally. As a precaution, Go-Ahead has notified relevant regulators, including the UK's Information Commissioner's Office, it adds.

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Go-Ahead hit by cyber security incident, rail services unaffected

(Sharecast News) - Transport operator Go-Ahead said it is currently managing a cyber security incident, having detected unauthorised activity on its network on Monday, but insisted its rail services have not been affected.

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LONDON BRIEFING: Truss takes reins; Australia hikes rates for 4th time

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9 Aug 2022 15:51

UK shareholder meetings calendar - next 7 days

Wednesday 10 August 
AssetCo PLCGM re share split
Ariana Resources PLCAGM
Cadence Minerals PLCAGM
CML Microsystems PLCAGM
Foresight Group Holdings LtdAGM
Mountview Estates PLCAGM
Unbound Group PLCGM re open offer
Thursday 11 August 
Inspecs Group PLCAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 12 August 
iEnergizer LtdAGM
Ironveld PLCGM re proposals to remove directors
Old Mutual LtdGM
Pineapple Power CorpAGM
Monday 15 August 
Ascent Resources PLCGM re annual report
Corcel PLCAGM
Coro Energy PLCGM re annual report
Forward Partners Group PLCAGM
Ince Group PLCGM re fundraise
Red Rock Resources PlcGM  convertible loans
Schroders PLCGM re dual class share structure
Tuesday 16 August 
Go-Ahead Group PLCGM re takeover by Kinetic and Globalvia consortium
NatWest Group PLCGM proposed special dividends
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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8 Aug 2022 19:11

IN BRIEF: Go-Ahead bidders receive undertakings from Threadneedle

Go-Ahead Group PLC - public transport operator - Consortium in process of buying Go-Ahead, comprised of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU, says it receives additional letter of intent from Threadneedle Asset Management to vote in favour of the deal. Threadneedle holds 7.7% stake in Go-Ahead, representing 3.3 million shares.

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LONDON BROKER RATINGS: Jefferies cuts Go-Ahead, Mediclinic to 'hold'

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Jefferies downgrades Go-Ahead, lifts price target after improved takeover offer

(Sharecast News) - Jefferies downgraded Go-Ahead on Friday to 'hold' from 'buy' as it lifted its price target to 1,550p from 1,320p to reflect the increased takeover offer from Kinetic and Globalvia.

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LONDON MARKET MIDDAY: BoE hikes, expects UK recession in 4th quarter

(Alliance News) - London shares price made some gains on Thursday morning, though these fell well short of the market rise seen on mainland Europe, as traders in London showed signs of trepidation leading up to the Bank of England's interest rate decision.

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4 Aug 2022 11:51

Go-Ahead backs improved takeover offer from Kinetic and Globalvia

(Alliance News) - Go-Ahead PLC on Thursday said it backs a slightly improved takeover offer from a consortium consisting of Kinetic Holding and Globalvia Inversiones.

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