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WINNERS & LOSERS SUMMARY: Unilever Up After Posting Solid Sales Growth

Thu, 18th Apr 2019 10:38

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Unilever, up 3.2%. The consumer goods giant said revenue dipped in the first quarter of 2019, due to the sale of its spreads business, but said it is on track to meet expectations. Moreover, Unilever also upped its quarterly dividend to EUR0.4104 per share, a 6.0% rise from its EUR0.3872 dividend for the same quarter of 2018. The Anglo-Dutch firm posted revenue of EUR12.42 billion for the three months to March 31, down 1.6% from EUR12.62 billion the year before. This was the result of the sale of its spreads business. For the quarter, underlying sales growth was 3.1%, with 1.2% attributed to volume and 1.9% to price. In 2019 as a whole, the company expects to report underlying sales growth in the lower half of its 3% to 5% range.----------FTSE 250 - WINNERS----------Moneysupermarket.com, up 9.6%. The firm reported a double-digit increase in revenue for the first quarter of the year on the back of a "strong trading performance". For the three months to March 31, the FTSE 250 price comparison website's revenue rose 19% to GBP104.9 million. Revenue in the company's Home Services division surged by 70% to GBP19.6 million, while Money and Insurance revenue rose 9% and 3% respectively to GBP25.3 million and GBP48.3 million. Looking ahead, the company expects Home Services performance to moderate through the year, after an "exceptional" quarter. The outlook for the remainder of the year is unchanged and the board is confident of meeting market expectations, Moneysupermarket said.----------Avast, up 3.3%. Avast reaffirmed guidance for 2019 following strong revenue and earnings growth in the first quarter. The cybersecurity provider said adjusted revenue in the three months to the end of March rose by 8.5% to USD209.1 million. For the first quarter, adjusted earnings before interest, taxes, depreciation, and amortization increased by 5.4% to USD117.5 million, resulting in an adjusted Ebitda margin of 55.5%. Looking ahead, Avast reaffirmed its annual outlook for high single-digit adjusted revenue growth, excluding currency impact, and a broadly flat adjusted Ebitda margin.----------FTSE 250 - LOSERS----------Hastings Group, down 4.8%. The stock went ex-dividend meaning new buyers no longer qualify for the latest dividend payout.----------Drax, down 4.8%, Vesuvius, down 4.1%, NewRiver REIT, down 3.3%, Polypipe, down 2.4%, John Laing, down 2.1%, Bodycote, down 2.4%. All went ex-dividend.----------OTHER MAIN MARKET AND AIM - WINNERS----------SimiGon, 48% higher. The firm has signed a blanket purchase agreement with the US Department of Defence's Enterprise Software Initiative. The simulation training solutions provider has agreed on pricing and processes with the US defence department for government customers to purchase SimiGon's products and services. The total potential sales amount for all selected vendors under this deal is USD238.6 million over a period of 10 years, starting form April, SimiGon said.----------MX Oil, up 40%. The firm has proposed a share consolidation and a name change. The oil & gas investing company is proposing to consolidate its ordinary share capital on the basis of 1 consolidated share for every 100 existing shares, thereby reducing the number of shares in issue to 44.7 million from 4.47 billion. Furthermore, MX Oil is proposing a resolution to shareholders to change the company's name ADM Energy PLC. The rationale for the name change follows a recent strategic investment by Shaikh Ahmed Bin Dalmook Al Maktoum. ----------Venture Life, up 13%. The firm registered double-digit revenue growth in 2018 following the acquisition of Dentyl last August. The consumer self-care company reported a pretax profit of GBP710,000 for 2018 compared to just GBP63,000 a year prior, as revenue rose 17% to GBP18.8 million from GBP16.1 million. The Brands segment, which includes the Dentyl mouthwash brand, increased revenue by 50% to GBP6.6 million from GBP4.5 million in 2017. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Starcom, down 24%. The firm intends to raise GBP637,500 via a subscription of shares to pay suppliers, meet product demand, and for working capital purposes. The company will issue 51.0 million shares at 1.25 pence per share to new and existing shareholders.----------

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25 Oct 2018 07:47

LONDON MARKET PRE-OPEN: Lloyds Banking Loses CFO As BT Gains New CEO

LONDON (Alliance News) - Stock prices in London are set to open lower on Thursday, with dealers becoming even more cautious after US and Asian markets suffered heavy losses overnight.In Lloyds the of

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18 Oct 2018 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 19 October London Stock ExchnageQ3 ResultsAcacia MiningQ3 HotelsQ3 22 23

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15 Oct 2018 09:51

UK car insurance premiums up for first time in a year - survey

(Sharecast News) - British comprehensive motor insurance premiums rose by 1% in the third quarter, the first increase for year, according to a survey published on Monday by price comparison website Confused.com.

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5 Oct 2018 14:38

IN THE KNOW: JPMorgan Expects Hastings Profit Drop On Lower Loss Ratio

LONDON (Alliance News) - JPMorgan is lowering its profit forecast Hastings' for next year due to a reduced loss ratio.Shares in the FTSE 250-listed insurer were down 3.4% at 248.20 is a

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5 Oct 2018 13:40

Friday broker round-up

(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.

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5 Oct 2018 09:25

BROKER RATINGS SUMMARY: Intu Gets Upgrades As Possible Offer Looms

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Friday morning and late Thursday. ----------FTSE 100----------BERNSTEIN RAISES TO -

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26 Sep 2018 13:17

Hastings Group Appoints Elizabeth Chambers As Non-Executive Director

LONDON (Alliance News) - Hastings Group Holdings PLC said Wednesday that it has appointed Elizabeth Chambers as independent non-executive director with immediate effect.Chambers previously

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20 Sep 2018 18:31

DIRECTOR DEALINGS SUMMARY: Hastings Chair Sells GBP1.5 Million Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.----------Hastings Group Holdings said Chairman Gary Hoffman sold GBP1.5 worth

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20 Sep 2018 18:16

DIRECTOR DEALINGS: Hastings Chair Sells GBP1.5 Million Worth Of Shares

LONDON (Alliance News) - Hastings Group Holdings PLC said Thursday Chairman Gary Hoffman sold GBP1.5 million worth of shares in the company.Hoffman sold 545,187 shares at GBP2.69 in closed

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20 Sep 2018 15:41

Director dealings: Hastings chairman lowers stake

(Sharecast News) - Hastings Group chairman Gary Hoffman disposed of 545,187 ordinary shares in the firm on Thursday.

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19 Sep 2018 14:57

DIRECTOR DEALINGS: Hastings Group Chief Executive Sells Shares

LONDON (Alliance News) - Hastings Group Holdings PLC said that Chief Executive Officer Toby van der Meer has sold 129,536 shares at a price of 269 pence per share on Tuesday.Meer's in

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7 Sep 2018 09:33

BROKER RATINGS SUMMARY: Goldman Cuts Burberry; Redburn Cuts HSBC

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:----------FTSE 100----------GOLDMAN CUTS GROUP TO BUY -

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13 Aug 2018 17:05

LONDON MARKET CLOSE: Lira Sees Stocks Exposed To Emerging Markets Fall

LONDON (Alliance News) - Worries over a crisis in Turkey with the lira slumping to record lows saw stocks in London end in the red on Monday, though easing off their worst lows of the appears that by

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13 Aug 2018 12:02

LONDON MARKET MIDDAY: Mondi, Mediclinic, Ashmore Suffer From Lira Woes

LONDON (Alliance News) - Stocks in London slumped at the start of the week, with emerging markets-exposed shares the hardest hit following a tumble in the Turkish lira.Shares in companies such as at

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8 Aug 2018 14:33

DIRECTOR DEALINGS: Hastings Non-Executive And Wife Sell Shares

LONDON (Alliance News) - Hastings Group Holdings PLC on Wednesday said Non-Executive Director Richard Hoskins and his wife disposed shares in the insurance company.Richard Hoskins sold at a

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