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FTSE 250 movers: Paypoint surges on strong profits, Synergy Health hit by waning takeover speculation

Thu, 28th May 2015 13:10

UK stocks were subdued on Thursday, following weak economic data and continued investor uncertainty on Greek developments. Sector-wise, strong performances from technology and retail was outweighed by weakness in telecommunications and mining.As of 15:00 BST, the FTSE 250 was trading 0.012% lower at 18,216.Paypoint topped the risers after its pretax profit rose 7.7%, driven by its retail services business and expansion in Romania. The bill payment services provider also announced plans to sell its parking and online payment processing companies.Serco was trading higher after naming former Centrica boss Sir Roy Gardner as its new chairman.Infinis Energy was boosted by strong full-year results, with a profit of £20.7m in the 12 months to the end of March compared with a loss of £11.8m a year earlier. "This is our second year reporting as a listed company and we are pleased to announce financial results in line with expectations," said chief executive Eric Machiels.Synergy Health extended losses as hopes over the proposed takeover by US outfit Steris Corp continued to fade on rumours that the FTC will move to block the deal.Shares in Tate & Lyle slid after the sweeteners and food ingredients group said that full-year pre-tax profit dropped 30% as it continues to restructure its business.
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30 Oct 2015 12:38

Infinis Provides Update On Proposed Sale Of Company To Terra Firma

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WINNERS & LOSERS SUMMARY: Travis Perkins And SIG Drag On DIY Sector

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22 Oct 2015 07:23

Infinis Recommends GBP555 Million Takeover Bid From Terra Firma

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Infinis Secures GBP51 Million Funding Despite UK Regulatory Worries

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Drax And Inifinis Call For Review Into Climate Change Levy Changes

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13 Aug 2015 08:20

Infinis Energy up on first quarter update

(ShareCast News) - Shares in Infinis Energy rose after the company said power generation was up by 14GWh to 586GWh. At 0829 BST shares in the renewable energy company were up by 1.5% to 135p. Infinis said day ahead pricing and operating costs were in line with expectations, and said its operational

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13 Aug 2015 06:56

Infinis Reports Solid Quarter But Faces Uncertainty By Subsidy Changes

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13 Aug 2015 05:59

LONDON MARKET EARLY-CALL: Stocks Seen Firm; China Devalues Yuan Again

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Earnings, Trading Statements Calendar - Week Ahead

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LONDON MARKET CLOSE: Global Stocks Hit By Yuan Devaluation

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