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FTSE 250 movers: Tate & Lyle hit by downgrade, energy stocks higher

Wed, 22nd Apr 2015 13:28

Shares in sugar, sweetener and food ingredients group Tate & Lyle were losing their flavour after analysts at Credit Suisse lowered their rating on the stock from 'neutral' to 'underperform'.Ladbrokes was also trading lower as the bookmaker revealed operating profits were down materially due to customer friendly sporting results and new UK tax rules.Amec Foster Wheeler reversed from Tuesday's gains, which were driven by news the energy and mining engineering group has won a power generation contract for a new power plant in the Philippines.Fizzy drinks producer Britvic was in the red after French broker Societe Generale cut its rating to 'hold' from 'buy', warning about currency impacts from the weak euro ahead of first half results due on May 20.Meanwhile, Croda was boosted by strong first quarter sales, which rose 4% on a constant currency basis, bolstered by growth across all its units.Energy stocks tracked oil prices higher, with Ophir Energy and Infinis Energy both advancing.RisersOphir Energy (OPHR) 164.00p +4.79%Playtech (PTEC) 842.50p +3.63%Fisher (James) & Sons (FSJ) 1,348.00p +3.45%Infinis Energy (INFI) 190.00p +3.26%AA (AA.) 405.00p +2.79%Renishaw (RSW) 2,555.00p +1.96%Unite Group (UTG) 603.00p +1.94%UDG Healthcare Public Limited Company (UDG) 520.00p +1.86%Ted Baker (TED) 2,858.00p +1.78%Inmarsat (ISAT) 996.50p +1.63%FallersTate & Lyle (TATE) 609.50p -5.14%PayPoint (PAY) 839.50p -3.89%Petra Diamonds Ltd.(DI) (PDL) 160.00p -3.38%Serco Group (SRP) 133.90p -3.32%Ladbrokes (LAD) 102.90p -3.02%RPS Group (RPS) 241.20p -3.02%Rotork (ROR) 2,460.00p -2.92%Amec Foster Wheeler (AMFW) 917.50p -2.81%Cairn Energy (CNE) 173.50p -2.64%Supergroup (SGP) 928.00p -2.52%
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2 Jun 2015 14:23

Inmarsat To Re-Enter FTSE 100 While Meggit Set To Exit

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29 May 2015 12:45

FTSE 250 movers: Energy stocks surge, Carillion higher on Outland acquisition

The London market shook off early morning losses in the afternoon, buoyed by strong performances in the telecommunications, construction and insurance sectors. As of 15:00 BST, the FTSE 250 was trading 0.06% higher at 18,250. Ophir Energy was making gains thanks to an upgrade, with Barclays making

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28 May 2015 13:10

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

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 a

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28 May 2015 10:35

WINNERS & LOSERS: Sports Direct Expects Earnings To Beat Forecasts

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28 May 2015 09:42

LONDON MARKET COMMENT: Stocks Mixed As Sports Direct Leads FTSE 100

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28 May 2015 08:13

Infinis swings to annual profit

Renewable energy generator Infinis Energy swung to a profit in the year to the end of March, although revenue was hit by weaker wholesale power prices. The FTSE 250 group posted a profit before tax of £20.7m for the 12 months to 31 March compared with a restated loss of £11.8m last year, while reven

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28 May 2015 07:13

Infinis Swings To Profit, Raises Dividend As Expansion Plans Progress

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28 May 2015 05:13

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27 May 2015 15:47

London close: Market recoups previous session's losses

UK stocks closed higher on Wednesday, rebounding from heavy losses in the previous session, buoyed by strength in the construction, electricity and tobacco sectors. The FTSE 100 experienced few surprises and gained steadily throughout the day, closing 1.24% higher at 7,034.9. The index had plunged 1

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27 May 2015 15:08

Earnings, Trading Statements Calendar - Week Ahead

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27 May 2015 12:34

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

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 r

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27 May 2015 11:40

LONDON MIDDAY BRIEFING: Arrest Of Football Officials Steals Attention

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27 May 2015 05:13

Earnings, Trading Statements Calendar - Week Ahead

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26 May 2015 15:10

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26 May 2015 05:17

Earnings, Trading Statements Calendar - Week Ahead

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