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FTSE 250 movers: Synergy Health plunges on Steris takeover speculation, energy stocks lower

Wed, 27th May 2015 12:34

UK stocks rebounded from the previous session's sell-off as gains made by tobacco, electronics and utilities outweighed weakness in mining and industrial metals.As of 14:00, the FTSE 250 was trading points 101.1 points higher at 18,200.Synergy Health topped the fallers, plummeting almost 17% on rumours that US regulators might block the takeover by rival Steris.Banknote printer De La Rue also plunged 9% after posting a steep decline in annual profits amid ongoing pricing pressures and giving a cautious outlook for the current year. The shares were downgraded by some brokers. Some of the fizz went out of Irn Bru maker AG Barr after sales fell 1.1% year-on-year in the first quarter.Insurers Beazley and Hiscox were both higher after JPMorgan Cazenove upgraded the stocks to 'overweight'.Zoopla was lifted as Credit Suisse raised its price target from 225p to 290p and reiterated its 'outperform' rating.Oil and energy stocks including Premier Oil, Ophir Energy and Infinis Energy continued to decline from Tuesday's lower oil prices. Another note from Credit Suisse warned investors to expect near-term weakening in oil.RisersBeazley (BEZ) 300.90p +6.29%Spectris (SXS) 2,414.00p +3.56%Hiscox Limited (CDI) (HSX) 858.00p +3.12%RPS Group (RPS) 231.60p +3.12%Electrocomponents (ECM) 242.40p +3.02%Cineworld Group (CINE) 518.50p +2.88%Betfair Group (BET) 2,692.00p +2.79%Greggs (GRG) 1,208.00p +2.55%Micro Focus International (MCRO) 1,326.00p +2.55%Essentra (ESNT) 985.50p +2.39%FallersSynergy Health (SYR) 1,810.00p -16.36%Brewin Dolphin Holdings (BRW) 318.80p -9.66%De La Rue (DLAR) 504.50p -8.85%SSP Group (SSPG) 290.20p -3.43%Investec (INVP) 606.00p -2.88%Barr (A.G.) (BAG) 606.00p -2.73%PZ Cussons (PZC) 358.80p -2.63%Bank of Georgia Holdings (BGEO) 1,904.00p -2.31%Premier Oil (PMO) 155.30p -2.27%Ophir Energy (OPHR) 127.80p -2.22%
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23 Jun 2015 11:31

Infinis Energy acquires 18MW wind farm from Peel Group

Renewable energy company Infinis Energy has reached a deal to acquire an 18.5 megawatt consented onshore wind farm project in Northumberland from Peel Group. Along with the 8 megawatt Sisters Wind Farm project developed by Infinis, which neighbours the newly-acquired project, the facility is at an a

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LONDON BRIEFING: Ladbrokes Jumps 11% On Gala Coral Merger Talks

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Infinis Energy Buys Onshore Wind Farm Project In Northumberland

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18 Jun 2015 15:56

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Broker tips: Whitbread, Compass Group, Infinis Energy

Canaccord Genuity has lifted its recommendation on Costa and Premier Inn owner Whitbread from 'hold' to 'buy', saying it sees upside with the group on track to hit its medium-term targets. Analyst Nigel Parson said Whitbread's market-leading positions via Premier Inn and Costa mean the company is "w

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5 Jun 2015 12:58

FTSE 250 movers: Betfair hit by downgrade, oil and energy stocks higher

Mid-caps were under pressure on Friday, following news that OPEC would not curb oil production and that Greece had opted to defer payment on €300m owed to the International Monetary Fund until Friday. Sector-wise gains made by oil, energy and mining stock were eradicated by weakness in telecommunica

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4 Jun 2015 15:10

Aggreko demoted as Inmarsat joins FTSE 100

Temporary power provider Aggreko was a casualty of the latest quarterly FTSE 100 review, demoted to the 250 index as satellite company Inmarsat enjoyed a promotion. Aggreko has a market capitalisation of around £3.95bn, whereas Inmarsat has a market value of around £4.53bn. Banknote printer De La R

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LONDON MORNING BRIEFING: Horse Hill Companies Shares Suspended

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Inmarsat To Replace Aggreko In FTSE 100 Amid Host Of FTSE 250 Changes

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