Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSTN.L Share News (HSTN)

  • There is currently no data for HSTN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS: Betfair Shares Add To Gains From Strong Results

Mon, 09th Mar 2015 11:26

LONDON (Alliance News) - The following stocks are amongst the biggest risers and fallers within the main London indices midday Monday.
-------
FTSE 100 WINNERS
-------
WPP, up 1%. The media buying giant raised its total dividend by 12% to 26.58 pence, and forecast a year of growth in 2015 similar to 2014, as it met expectations for headline profit before interest and tax, and earnings per share for 2014. WPP's headline profit before interest and tax figure, which was GBP1.68 billion for 2014, up from GBP1.66 billion in 2013, excludes amortisation, impairment, gains on disposals or re-measurement of equity interests, write-downs, restructuring costs of shares of exceptional losses of associates. Investec says WPP's figures "look fine overall".
-------
FTSE 100 LOSERS
-------
RSA Insurance Group, down 1.6% at 411.3p. Goldman Sachs downgraded the insurer's rating to Sell from Neutral, cutting its price target to 385p from 445p, on fears around its operating earnings and returns targets, as well as concerns that RSA's pension liabilities are an obstacle to a potential break-up of the group.
-------
FTSE 250 WINNERS
-------
Betfair Group, up 3.8% to 2,136p. Morgan Stanley has raised its price target for the online betting firm to 2,030p from 1,550p, keeping its Overweight rating. Betfair posted on Thursday last week a 17% increase in its earnings, before interest, taxes, deprecation and amortisation for the third quarter to end-January, to GBP23.6 million, and a 20% increase in revenue to GBP114.6 million, driven by a 35% increase in active customers to 760,000. Since Wednesday, the stock has risen by around 21%.
-------
FTSE 250 LOSERS
-------
Hansteen Holdings, down 2.5%. The property investor's shares are down even though its pretax profit doubled in 2014, as it sold properties into the buoyant UK property investment market, and it raised its dividend and announced a special dividend as it also gave a positive outlook. Hansteen reported a pretax profit of GBP131.2 million for 2014, up from GBP65.3 million, buoyed by the gains on property sales, while its normalised income profit, which excludes profits or losses from the sale of properties and therefore represents the repeatable income of the business, rose to GBP48.2 million, from GBP39.4 million in 2013.
-------
AIM ALL-SHARE WINNERS
-------
Eurasia Mining, up 57%. The company revealed it has received two approaches for an outright acquisition or acquisition of an interest in its Monchetundra platinum group metals licence on the Kola Peninsula in Russia. The company said it has started commercial negotiations with both interested parties, and got good feedback from recent site visits to the project. Eurasia also said its review of new project opportunities has accelerated since it announced a collaboration with Metal Tiger in December.

W Resources, up 10%. The tungsten, copper and gold miner, said it has received positive bulk sampling results from the Régua project in Portugal. W Resources, with projects in Spain and Portugal, said the bulk sampling tests at the Régua tungsten project showed larger-than-anticipated sections at the surface of the ore body, which can be mined at a low cost.
-------
AIM ALL-SHARE LOSERS
-------
Transense Technologies, off 23%. The transportation and industrial sensor systems provider posted a widened pretax loss for the first half of its financial year, as revenue more than halved due to a "dramatic reduction in capital expenditure by the mining industry," and it said it is exploring options including the sale of its IntelliSaw business. For the half year to end-December 2014, Transense posted a pretax loss of GBP1.7 million, widened from a pretax loss of GBP84,000 a year before, as revenue more than halved to GBP930,000 from GBP2.2 million.

By Daniel Ruiz; danielruiz@alliancenews.com

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
13 Jul 2016 06:45

Hansteen Refinances Dutch Portfolio With New EUR145.0 Million Facility

Read more
8 Jul 2016 09:01

BROKER RATINGS SUMMARY: Property Stocks Continue To Receive Downgrades

Read more
4 Jul 2016 08:37

BROKER RATINGS SUMMARY: Liberum Downgrades Property Stocks

Read more
15 Jun 2016 16:30

DIRECTOR DEALINGS SUMMARY: Incoming Hansteen Chairman's Wife Buys

Read more
15 Jun 2016 15:23

DIRECTOR DEALINGS: Wife Of Hansteen Incoming Chairman Buys Shares

Read more
6 Jun 2016 09:36

Hansteen Appoints Pendragon's Egglenton As Non-Executive Chairman

Read more
31 May 2016 15:04

UK Shareholder Meetings Calendar - Next 7 Days

Read more
12 May 2016 15:15

Dividends Calendar - Week Ahead

Read more
25 Apr 2016 12:13

Hansteen buys £5.6m of AIF units

(ShareCast News) - FTSE 250 property investment company Hansteen Holdings has acquired a further 12.4m units in the Ashtenne Industrial Fund from Nortrust Nominees Limited for £5.6m in cash. The acquisition, which reflects a price per unit of 45.49p, represents 2.1% of the units in issue and brings

Read more
25 Apr 2016 11:21

Hansteen Holdings Raises Stake In Ashtenne Fund For GBP5.6 Million

Read more
21 Apr 2016 08:31

BROKER RATINGS SUMMARY: Barclays Downgrades Zoopla To Equal Weight

Read more
20 Apr 2016 12:25

DIRECTOR DEALINGS: Hansteen Holdings Non-Executive Ups Interest

Read more
14 Apr 2016 15:10

Dividends Calendar - Week Ahead

Read more
29 Mar 2016 13:52

Broker tips: Next, Lamprell, Hansteen

(ShareCast News) - Deutsche Bank upgraded Next to 'buy' from 'hold' but cut the price target to 6,850p from 7,200p following the company's full year results last week. It said the 15% drop in the share price leaves Next on a 7% discount to the sector which seems like an over-reaction. DB said that

Read more
29 Mar 2016 10:26

Hansteen 2016 outlook uncertain, says Numis

(ShareCast News) - The outlook for industrial property investor Hansteen in 2016 is uncertain, according to Numis. The full year 2015 results saw the completion of its 2012 to 2015 long term incentive plan (LTIP), bringing a payout of £51m to the two chief executives. Capital values achieved a r

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.